Pacific Premier Bancorp (PPBI) Raises Quarterly Dividend 13.6% to $0.25; 3.2% Yield
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Pacific Premier Bancorp (PPBI) Tops Q4 EPS by 8c
January 23, 2020 6:03 AM ESTPacific Premier Bancorp (NASDAQ: PPBI) reported Q4 EPS of $0.69, $0.08 better than the analyst estimate of $0.61.
Fourth 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... More
