Pacific Premier Bancorp (PPBI) Declares $0.33 Quarterly Dividend; 3.1% Yield
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Pacific Premier Bancorp, Inc. Announces Third Quarter 2021 Financial Results and a Quarterly Cash Dividend of $0.33 Per Share
October 21, 2021 5:58 AM EDTThird Quarter 2021 Summary
Net income of $90.1 million, or $0.95 per diluted share Total revenue increased to $199.2 million, compared with $187.7 million in the prior quarter Return on average assets of 1.73%, return on average equity of 12.67%, and return on average tangible common equity of 19.89%(1) Pre-provision net revenue (PPNR) on average assets of 1.98%, annualized, and efficiency ratio of 47.5%(1) Loan and deposit growth of 11.5% and 10.7%, annualized, respectively Net interest margin of 3.51%, compared with 3.44% in the prior... More