What is DA Davidson’s Forecast for PPBI FY2025 Earnings?

Pacific Premier Bancorp Inc (NASDAQ:PPBI) – Research analysts at DA Davidson lifted their FY2025 EPS estimates for Pacific Premier Bancorp in a research report issued to clients and investors on Wednesday, July 30th. DA Davidson analyst G. Tenner now forecasts that the financial services provider will post earnings per share of $1.49 for the year, up from their previous estimate of $1.47. DA Davidson has a “Hold” rating on the stock. The consensus estimate for Pacific Premier Bancorp’s current full-year earnings is $1.34 per share.

Separately, Wall Street Zen assumed coverage on shares of Pacific Premier Bancorp in a report on Thursday, May 22nd. They set a “sell” rating on the stock.

Pacific Premier Bancorp Trading Down 2.3%

NASDAQ:PPBI opened at $21.18 on Friday. The company has a debt-to-equity ratio of 0.04, a current ratio of 0.86 and a quick ratio of 0.86. The business’s 50-day simple moving average is $21.60 and its 200-day simple moving average is $22.13. Pacific Premier Bancorp has a fifty-two week low of $18.06 and a fifty-two week high of $30.28. The stock has a market capitalization of $2.06 billion, a PE ratio of 14.92 and a beta of 1.19.

Pacific Premier Bancorp (NASDAQ:PPBI) last posted its earnings results on Thursday, July 24th. The financial services provider reported $0.39 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.34 by $0.05. The firm had revenue of $145.64 million during the quarter, compared to analysts’ expectations of $147.67 million. Pacific Premier Bancorp had a return on equity of 4.85% and a net margin of 16.13%. During the same period in the previous year, the firm earned $0.43 earnings per share.

Pacific Premier Bancorp Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, August 15th. Shareholders of record on Tuesday, August 5th will be paid a $0.33 dividend. The ex-dividend date of this dividend is Tuesday, August 5th. This represents a $1.32 annualized dividend and a dividend yield of 6.2%. Pacific Premier Bancorp’s dividend payout ratio (DPR) is currently 92.96%.

Institutional Trading of Pacific Premier Bancorp

Institutional investors have recently modified their holdings of the company. New York Life Investment Management LLC bought a new position in shares of Pacific Premier Bancorp during the second quarter worth about $4,504,000. Teacher Retirement System of Texas boosted its position in Pacific Premier Bancorp by 85.6% during the 2nd quarter. Teacher Retirement System of Texas now owns 26,168 shares of the financial services provider’s stock worth $552,000 after acquiring an additional 12,069 shares during the last quarter. Nisa Investment Advisors LLC grew its stake in shares of Pacific Premier Bancorp by 1,013.9% during the 2nd quarter. Nisa Investment Advisors LLC now owns 40,434 shares of the financial services provider’s stock worth $853,000 after acquiring an additional 36,804 shares in the last quarter. D.A. Davidson & CO. grew its stake in shares of Pacific Premier Bancorp by 24.8% during the 2nd quarter. D.A. Davidson & CO. now owns 21,381 shares of the financial services provider’s stock worth $451,000 after acquiring an additional 4,253 shares in the last quarter. Finally, Yousif Capital Management LLC raised its holdings in shares of Pacific Premier Bancorp by 1.3% in the second quarter. Yousif Capital Management LLC now owns 36,051 shares of the financial services provider’s stock valued at $760,000 after purchasing an additional 446 shares during the last quarter. 93.11% of the stock is currently owned by institutional investors.

Pacific Premier Bancorp Company Profile

Pacific Premier Bancorp, Inc operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction and land, franchise real estate secured, and small business administration (SBA); revolving lines of credit, term loans, seasonal loans, and loans secured by liquid collateral; one-to-four family and home equity lines of credit loans; and small balance personal unsecured loans and savings account secured loans.