Pacific Premier Bancorp to acquire Opus Bank in $1 bln deal

Pacific Premier Bancorp

03/02/2020 11:08

Feb 3 (Reuters) - U.S. bank Pacific Premier Bancorp Inc
 PPBI.O  said on Monday it would buy peer Opus Bank in an
all-stock deal valued at $1 billion.
    Pacific Premier expects the deal to increase its earnings
per share by 14% in 2021. (https://reut.rs/36OrzCJ)

 (Reporting by Bharath Manjesh in Bengaluru; Editing by Maju
Samuel)
 ((Bharath.ManjeshR@thomsonreuters.com;  outside U.S. +91 80
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