Welcome to our dedicated page for Pacific Premier Bancorp news (Ticker: PPBI), a resource for investors and traders seeking the latest updates and insights on Pacific Premier Bancorp stock.
This page provides a historical news archive for Pacific Premier Bancorp, Inc. (formerly Nasdaq: PPBI), the former parent company of Pacific Premier Bank, National Association. Company press releases and joint announcements describe Pacific Premier as a commercially focused bank serving small, middle-market, and corporate businesses across major metropolitan markets in California, Washington, Oregon, Arizona, and Nevada, with a range of deposit, digital banking, treasury management, and loan products.
A significant portion of the recent news flow for PPBI relates to its combination with Columbia Banking System, Inc., the parent company of Columbia Bank. On April 23, 2025, the companies announced a definitive merger agreement for an all-stock acquisition of Pacific Premier by Columbia. Subsequent releases reported shareholder and stockholder approvals on July 21, 2025, receipt of all required regulatory approvals on August 6, 2025, and the closing of the transaction effective August 31, 2025. These items detail the strategic rationale for the merger, the exchange ratio for Pacific Premier shares, and the integration of Pacific Premier Bank into Columbia Bank.
Other historical PPBI news items include quarterly earnings releases, dividend declarations, and operational updates. These communications discuss metrics such as net income, net interest margin, cost of deposits, asset quality, and capital ratios, as well as commentary on loan origination trends, deposit mix, and provision for credit losses. Together, they provide context on Pacific Premier’s financial performance and business focus leading up to its acquisition.
Because PPBI has been acquired and its common stock has been delisted from Nasdaq, new standalone news about Pacific Premier Bancorp, Inc. is not expected. Researchers and investors can use this archive to review the company’s historical announcements, including the sequence of events surrounding its merger with Columbia Banking System, Inc. and the subsequent integration into Columbia Bank.
Pacific Premier Bancorp (NASDAQ: PPBI) announced that Kroll Bond Rating Agency (KBRA) has affirmed the company's senior unsecured debt rating at BBB+, subordinated debt at BBB, and short-term debt at K2. KBRA also affirmed Pacific Premier Bank's deposit and senior unsecured debt ratings at A-, subordinated debt at BBB+, and short-term deposit and debt at K2. The outlook for all long-term ratings has been revised to Positive from Stable. KBRA highlighted Pacific Premier's strong, low-cost deposit base, robust capital levels, and effective balance sheet management. The company's operating ROA has been approximately 1% in recent quarters, in line with peers.
Pacific Premier Bancorp (Nasdaq: PPBI) has been named one of the 100 Best Banks in America on Forbes' 2024 list. This ranking evaluates publicly-traded banks based on growth, credit quality, profitability, and stock performance up to March 18, 2024. Pacific Premier has consistently ranked highly, being in the top ten in 2023, 2022, and 2020. CEO Steve Gardner highlighted the company's ability to deliver stable performance despite industry challenges in 2023, crediting the efforts of employees, a robust business model, and effective risk management. Looking forward, Pacific Premier aims to foster new client relationships and enhance stakeholder value.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.
Summary not available.