Pacific Premier Bancorp (PPBI) Tops Q4 EPS by 3c

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Go back to Pacific Premier Bancorp (PPBI) Tops Q4 EPS by 3c

Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2018 Financial Results (Unaudited) and the Initiation of a Quarterly Cash Dividend of $0.22 Per Share

January 29, 2019 6:00 AM EST

Fourth Quarter 2018 Summary

Net income of $39.6 million, or $0.63 per diluted share, which includes $2.6 million of merger-related expense Return on average assets of 1.37%, return on average equity of 8.15%, and return on average tangible common equity of 16.65% Efficiency ratio of 48.3% Net interest margin of 4.49%, core net interest margin of 4.24% Cost of deposits of 0.55% in the current quarter compared with 0.54% in the prior quarter Nonperforming assets as a percent of total assets of... More