Pacific Premier Bancorp (PPBI) Tops Q4 EPS by 5c

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Go back to Pacific Premier Bancorp (PPBI) Tops Q4 EPS by 5c

Pacific Premier Bancorp, Inc. Announces Fourth Quarter 2021 Financial Results and a Quarterly Cash Dividend of $0.33 per Share

January 20, 2022 5:57 AM EST

Fourth Quarter 2021 Summary

Net income of $84.8 million, or $0.89 per diluted share Return on average assets of 1.63%, return on average equity of 11.90%, and return on average tangible common equity of 18.66%(1) Efficiency ratio of 48.0%(1) Loan growth of $315.8 million, or 9.0%, annualized Net interest margin of 3.53%, and core net interest margin of 3.36%(1) Cost of deposits decreased to 0.04% Nonperforming assets represent 0.15% of total assets Tangible book value per diluted share increased $0.54 to $20.29(1)

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