Pacific Premier Bancorp Inc reports results for the quarter ended March 31 - Earnings Summary

Pacific Premier Bancorp

24/04/2025 14:32

Pacific Premier Bancorp Inc PPBI.OQ reported quarterly adjusted earnings of 37 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 49 cents.  The mean expectation of seven analysts for the quarter was for earnings of 30 cents per share. Wall Street expected results to range from 25 cents to 33 cents per share.

Revenue fell 15% to $123.37 million from a year ago; analysts expected $122.61 million.

Pacific Premier Bancorp Inc's reported EPS for the quarter was 37 cents​.

The company reported quarterly net income of $36.02 million.

Pacific Premier Bancorp Inc shares had fallen by 5.7% this quarter and lost 19.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 0.2% in the last three months.​

In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Pacific Premier Bancorp Inc is $25.00

This summary was machine generated from LSEG data April 24 at 01:32 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.30
0.37
Beat
Dec. 31 2024
0.31
0.35
Beat
Sep. 30 2024
0.38
0.37
Missed
Jun. 30 2024
0.43
0.43
Met