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) reported a net income of $90.1 million, or $0.95 per diluted share, for Q3 2021, down from $96.3 million in Q2 2021. Total revenue increased to $199.2 million, reflecting a 20.2% annualized growth in net interest income. The company achieved an annualized 11.5% loan growth and a 10.7% deposit growth. Key metrics included a net interest margin of 3.51% and a tangible book value of $19.75 per diluted share. The efficiency ratio improved to 47.5%. Provision recapture for credit losses was $19.7 million.
Pacific Premier Bancorp (NASDAQ: PPBI) has launched its Equitable Impact Initiative, committing
Pacific Premier Bancorp (Nasdaq: PPBI) will release its Q3 2021 financial results on October 21, 2021, before market opening. A conference call is scheduled for 9:00 a.m. PT / 12:00 p.m. ET on the same day to discuss these results. Interested analysts and investors can participate in a live Q&A session. Details for accessing the call and webcast are available on the company's investor relations website.
Pacific Premier Bancorp (NASDAQ: PPBI) has appointed George M. Pereira as a director, effective August 16, 2021. Pereira brings over 30 years of financial services experience, having served as COO and CFO at Charles Schwab Investment Management. He will join the Audit and Enterprise Risk Committees, enhancing the board’s strategic planning and value creation capabilities. Pereira's expertise includes financial reporting, risk management, and cybersecurity oversight. His addition is expected to strengthen the leadership team as PPBI continues to grow its operations across the western U.S.
Pacific Premier Bancorp (NASDAQ: PPBI) reported a net income of $96.3 million, or $1.01 per diluted share, for Q2 2021, up from $68.7 million (or $0.72) in Q1 2021, and a significant recovery from a net loss of $99.1 million in Q2 2020. The Company's ROAA was 1.90%, and ROAE at 14.02%. Total assets increased to $20.53 billion. Loan commitments surged to $1.58 billion, a 36.7% increase from the previous quarter. The provision for credit losses saw a recapture of $38.5 million, reflecting a positive shift in asset quality.
Pacific Premier Bancorp (Nasdaq: PPBI) has received the Corporate Responsibility award from the Association for Corporate Growth (ACG) Orange County during the 2021 ACG Awards, held on June 10, 2021. This recognition highlights Pacific Premier's commitment to listening, adapting, and contributing to its communities over the past year. Pacific Premier was one of nine companies honored, chosen for their excellence and impact on economic growth in Orange County. The selection process emphasized adaptation during the global pandemic, showcasing Pacific Premier's efforts in responsible corporate stewardship.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) plans to release its second quarter 2021 financial results on July 27, 2021, prior to market opening. A conference call is scheduled for the same day at 9:00 a.m. PT / 12:00 p.m. ET, where analysts and investors can participate in a Q&A session. The call will be available via live webcast and archived for later access. Pacific Premier Bank, the parent company, serves businesses across the western U.S. with approximately $20 billion in assets and provides various banking services and loan products.
Pacific Premier Bancorp (NASDAQ: PPBI) reported a net income of $68.7 million, or $0.72 per diluted share for Q1 2021, marking an increase from $67.1 million, or $0.71 per diluted share in Q4 2020, and $25.7 million, or $0.43 per diluted share in Q1 2020. Total assets reached $20.17 billion, up from $19.74 billion in Q4 2020. The company increased its dividend to $0.33 per share. Despite challenges, loan production exceeded $1.15 billion, a 27% increase from the previous quarter, supported by robust asset quality and lower deposit costs.
Pacific Premier Bancorp (Nasdaq: PPBI) has committed $70,000 as the Exclusive Sponsor of the California Community Economic Development Association's (CCEDA) Climate Adaptation Initiative. This funding aims to support low- and moderate-income communities in California in preparing for climate change. The partnership will enhance CCEDA's digital outreach, promoting resources for community-based nonprofits addressing climate issues. CEO Steve Gardner emphasized the initiative's focus on underserved communities at risk from climate change impacts.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) is set to release its first quarter 2021 financial results on April 27, 2021, before the market opens. Following the announcement, the bank will host a conference call at 9:00 a.m. PT (12:00 p.m. ET) to discuss the results. The call will be accessible through a live webcast, with a replay available shortly after. Pacific Premier Bank, which has approximately $20 billion in total assets, provides diverse banking services across the western United States.