NASDAQ$PPBI
Pacific Premier Bancorp Inc · Q2 2023 earnings
Q2 2023 earnings · · Investor relations
Briefing
Pacific Premier reported net income of $57.6 million, a decrease compared to the previous quarter and the same period last year. The company's return on average assets was 1.09%, and the net interest margin was 3.33%.
Pacific Premier Bancorp reported a solid performance in a challenging second quarter, with a focus on risk management, liquidity, and capital management. Net income was $57.6 million, or $0.60 per diluted share. The company maintained strong capital ratios and available liquidity.
- Net income was $57.6 million, or $0.60 per diluted share.
- Return on average assets was 1.09%, return on average equity was 8.11%, and return on average tangible common equity was 12.66%.
- Net interest margin was 3.33%.
- Nonperforming assets to total assets was 0.08%, and net charge-offs to average loans was 0.03%.
Headline financials
Revenue & EPS history
Pacific Premier · Revenue · Quarterly
$181M
Revenue by segment
Pacific Premier · $23.7M total across 9 segments · Q4 2021
- Trust custodial account fees$11.6M—49.0%
- Earnings on bank owned life insurance$3.52M—14.9%
- Service charges on deposit accounts$2.59M—10.9%
- Escrow and exchange fees$2.22M—9.4%
- Net gain from sales of loans$1.33M—5.6%
- Debit card interchange fee income$769K—3.2%
- Other income$754K—3.2%
- Loan servicing income$505K—2.1%
- Other service fee income$391K—1.7%
Forward guidance
The Company anticipates ongoing uncertainty and industry challenges to continue until the Federal Reserve completes its cycle of tighter monetary policy. The organization remains committed to providing stability for its clients, communities, and employees while delivering long-term value for its stockholders.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 11 quarterly earnings reports · overlaid with Q2 2023
-0.0%
Avg return
Earnings day
-1.1%
Avg return
5 days after
+0.8%
Avg return
30 days after
54%
34 / 63 earnings
Positive
+11.4%
Q4 2016
Best reaction
-15.6%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q3 2025 | — | — | — | |
| Q2 2025 | +6.6% | +2.6% | +14.7% | |
| Q1 2025 | +5.6% | +2.9% | +5.1% | |
| Q4 2025 | +2.0% | +5.5% | -1.3% | |
| Q3 2024 | -3.0% | +0.7% | +11.1% | |
| Q2 2024 | -5.4% | -7.0% | -7.4% | |
| Q1 2024 | -1.9% | -2.6% | -2.4% | |
| Q4 2023 | -3.4% | -9.9% | -19.1% | |
| Q3 2023 | -9.4% | -5.8% | +13.0% | |
| Q2 2023 | +0.4% | +0.5% | -10.6% | |
| Q1 2023 | +5.9% | -7.6% | -6.2% | |
| Q4 2022 | +2.4% | +6.8% | +8.8% | |
| Q3 2022 | -1.8% | +1.2% | +4.0% | |
| Q2 2022 | +1.1% | — | — | |
| Q1 2022 | -7.8% | — | — | |
| Q4 2021 | -6.7% | — | — | |
| Q3 2021 | +2.8% | — | — | |
| Q2 2021 | +2.0% | — | — | |
| Q1 2021 | +2.5% | — | — | |
| Q4 2020 | -2.2% | — | — | |
| Q3 2020 | -5.0% | — | — | |
| Q2 2020 | -1.7% | — | — | |
| Q1 2020 | +8.3% | — | — | |
| Q4 2019 | +0.9% | — | — | |
| Q3 2019 | +4.9% | — | — | |
| Q2 2019 | +4.0% | — | — | |
| Q1 2019 | +0.9% | — | — | |
| Q4 2018 | +1.2% | — | — | |
| Q3 2018 | -15.6% | — | — | |
| Q2 2018 | -2.5% | — | — | |
| Q1 2018 | -2.8% | — | — | |
| Q4 2017 | -1.5% | — | — | |
| Q3 2017 | +2.2% | — | — | |
| Q2 2017 | -1.6% | — | — | |
| Q1 2017 | +0.8% | — | — | |
| Q4 2016 | +11.4% | — | — | |
| Q3 2016 | -3.6% | — | — | |
| Q2 2016 | -6.5% | — | — | |
| Q1 2016 | +7.3% | — | — | |
| Q4 2015 | -1.7% | — | — | |
| Q3 2015 | +0.4% | — | — | |
| Q2 2015 | +6.0% | — | — | |
| Q1 2015 | -1.3% | — | — | |
| Q4 2014 | +1.7% | — | — | |
| Q3 2014 | +2.6% | — | — | |
| Q2 2014 | +2.0% | — | — | |
| Q1 2014 | -11.6% | — | — | |
| Q4 2013 | -0.1% | — | — | |
| Q3 2013 | +1.1% | — | — | |
| Q2 2013 | -4.5% | — | — | |
| Q1 2013 | -4.3% | — | — | |
| Q4 2012 | +6.2% | — | — | |
| Q3 2012 | +5.6% | — | — | |
| Q2 2012 | -1.0% | — | — | |
| Q1 2011 | -0.7% | — | — | |
| Q1 2012 | -2.1% | — | — | |
| Q4 2009 | -3.0% | — | — | |
| Q4 2011 | -3.0% | — | — | |
| Q3 2010 | +5.2% | — | — | |
| Q3 2011 | +5.2% | — | — | |
| Q2 2011 | +1.4% | — | — | |
| Q2 2010 | +1.4% | — | — | |
| Q4 2010 | +1.4% | — | — | |
| Q1 2010 | +0.8% | — | — |
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