Pacific Premier Bancorp (PPBI) Raises Quarterly Dividend 13.6% to $0.25; 3.2% Yield
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Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2019 Financial Results (Unaudited) and Increases Quarterly Cash Dividend to $0.25 per Share
January 23, 2020 6:00 AM ESTFourth Quarter 2019 Summary
Net income of $41.1 million, or $0.69 per diluted share Return on average assets of 1.42%, return on average equity of 8.20% and return on average tangible common equity of 15.89% Net interest margin of 4.33% and core net interest margin of 4.10% Non-maturity deposits growth of $335.3 million, or 18% annualized Noninterest bearing deposits increased to 43% of total deposits, compared to 41% in the prior quarter Cost of deposits of 0.58% in the current quarter compared with 0.71% in the prior... More