Pacific Premier Bancorp (PPBI) Reports Q3 EPS of $0.46

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Go back to Pacific Premier Bancorp (PPBI) Reports Q3 EPS of $0.46

Pacific Premier Bancorp, Inc. Announces Third Quarter 2018 Results (Unaudited)

October 23, 2018 6:00 AM EDT

Third Quarter 2018 Summary

Net income of $28.4 million, which includes $14.0 million of merger-related expense Diluted earnings per share of $0.46 ROAA and ROATCE of 1.00% and 12.89%, respectively Efficiency ratio of 53.2% Net interest margin of 4.38%, core net interest margin of 4.19% Cost of deposits of 0.54% in the current quarter compared with 0.50% in the prior quarter Noninterest-bearing deposits increase to 40% of total deposits Nonperforming assets as... More