NASDAQ$PPBI
Pacific Premier Bancorp Inc · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Pacific Premier's financial performance was strong, marked by increased net income and strategic capital management.
Pacific Premier Bancorp reported a net income of $67.1 million for Q4 2020, with a return on average assets of 1.34% and an increased quarterly cash dividend to $0.30 per share. The company also approved a new $150 million share repurchase program.
- Net income reached $67.1 million, or $0.71 per diluted share.
- Return on average assets was 1.34%, return on average equity was 9.91%, and return on average tangible common equity was 16.32%.
- Net interest margin stood at 3.61%, with a core net interest margin of 3.32%.
- The company increased its common equity quarterly dividend by $0.02 to $0.30 per share and approved a new $150 million share repurchase program.
Headline financials
Revenue & EPS history
Pacific Premier · Revenue · Quarterly
$191M
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
Pacific Premier is well-positioned to manage through the impact of the ongoing pandemic and capitalize on the economic recovery. They expect increasing levels of organic growth in their various markets and will continue to pursue strategic growth opportunities that can expand and enhance their franchise.
Tailwinds
- Well-positioned to manage through the impact of the ongoing pandemic
- Capitalize on the economic recovery
- Expect increasing levels of organic growth in various markets
- Continue to pursue strategic growth opportunities
- Investments in talent and technology to create a robust, highly scalable platform
Headwinds
- Ongoing pandemic impact
- Deterioration in general business and economic conditions
- Turbulence in domestic or global financial markets
- Changes to statutes, regulations, or regulatory policies
- Uncertainty regarding potential alternative reference rates, including SOFR
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 11 quarterly earnings reports
-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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