Pacific Premier Bancorp Inc - Understand $ppbi stock

$PPBI Market Cap: $2.706 Billion

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Financial Snapshot

Revenue

$627.1M

TTM

Gross Margin

Net Earnings

-$9.854M

TTM

Current Assets

Current Liabilities

$212.5M

Q3 2024

Current Ratio

Total Assets

$17.91B

Q3 2024

Total Liabilities

$14.97B

Q3 2024

Book Value

$2.944B

Q3 2024

Cash

$982.2M

Q3 2024

P/E

-274.6

Nov 13, 2024 EST

Free Cash Flow

$165.2M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Revenue	$888.0M	$768.6M	$696.7M	$630.7M	$526.1M	$448.4M	$270.0M	$166.6M	$118.4M	$81.34M	$63.80M	$52.95M	$50.23M	$41.10M	$43.44M
YoY Change	15.54%	10.31%	10.47%	19.89%	17.32%	66.08%	62.06%	40.77%	45.51%	27.49%	20.5%	5.42%	22.19%	-5.38%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Revenue	$888.0M	$768.6M	$696.7M	$630.7M	$526.1M	$448.4M	$270.0M	$166.6M	$118.4M	$81.34M	$63.80M	$52.95M	$50.23M	$41.10M	$43.44M
Cost Of Revenue
Gross Profit
Gross Profit Margin

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Selling, General & Admin
YoY Change
% of Gross Profit
Research & Development	$29.68M	$26.65M	$23.77M	$20.49M	$12.30M	$13.41M	$8.206M	$4.261M	$2.816M	$2.570M	$3.080M	$2.366M	$1.419M	$806.0K	$633.0K
YoY Change	11.37%	12.11%	16.0%	66.58%	-8.28%	63.44%	92.58%	51.31%	9.57%	-16.56%	30.18%	66.74%	76.05%	27.33%
% of Gross Profit
Depreciation & Amortization	$13.85M	$14.75M	$15.98M	$13.35M	$9.815M	$7.773M	$4.888M	$2.854M	$2.400M	$2.198M	$1.900M	$1.358M	$1.203M	$991.0K	$1.017M	$1.000M	$800.0K	$500.0K	$300.0K	$400.0K	$500.0K	$700.0K	$1.200M	$3.000M	$7.000M	$4.600M	$1.700M	$600.0K	$500.0K
YoY Change	-6.15%	-7.67%	19.69%	36.01%	26.27%	59.02%	71.27%	18.92%	9.19%	15.68%	39.91%	12.88%	21.39%	-2.56%	1.7%	25.0%	60.0%	66.67%	-25.0%	-20.0%	-28.57%	-41.67%	-60.0%	-57.14%	52.17%	170.59%	183.33%	20.0%	150.0%
% of Gross Profit
Operating Expenses	$29.68M	$26.65M	$23.77M	$20.49M	$12.30M	$13.41M	$8.206M	$4.261M	$2.816M	$2.570M	$3.080M	$2.366M	$1.419M	$806.0K	$633.0K
YoY Change	11.37%	12.11%	16.0%	66.58%	-8.28%	63.44%	92.58%	51.31%	9.57%	-16.56%	30.18%	66.74%	76.05%	27.33%
Operating Profit
YoY Change

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Interest Expense	$262.9M	$71.47M	$34.37M	$56.52M	$78.81M	$55.71M	$22.50M	$13.53M	$12.06M	$7.704M	$5.356M	$7.149M	$9.596M	$12.67M	$20.25M
YoY Change	267.93%	107.96%	-39.19%	-28.29%	41.45%	147.58%	66.32%	12.22%	56.5%	43.84%	-25.08%	-25.5%	-24.24%	-37.46%
% of Operating Profit
Other Income/Expense, Net
YoY Change

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Pretax Income	$34.04M	$384.4M	$460.8M	$72.60M	$217.8M	$165.6M	$102.2M	$65.32M	$40.72M	$27.34M	$14.58M	$25.77M	$16.98M	$6.321M	-$547.0K	$700.0K	$5.700M	$7.900M	$8.700M	$7.700M	$1.500M	$500.0K	-$5.400M	-$17.80M	-$29.20M	$1.800M	$17.70M	$0.00	$800.0K
YoY Change	-91.14%	-16.59%	534.73%	-66.66%	31.51%	61.97%	56.51%	60.39%	48.98%	87.48%	-43.41%	51.71%	168.68%	-1255.58%	-178.14%	-87.72%	-27.85%	-9.2%	12.99%	413.33%	200.0%	-109.26%	-69.66%	-39.04%	-1722.22%	-89.83%		-100.0%	-180.0%
Income Tax	$3.189M	$100.6M	$120.9M	$12.25M	$58.04M	$42.24M	$42.13M	$25.22M	$15.21M	$10.72M	$5.587M	$9.989M	$6.411M	$2.083M	-$87.00K	$0.00	$2.100M	$500.0K	$1.400M	$1.000M	-$600.0K	-$2.300M	$600.0K	$3.000M	-$11.40M	$700.0K	$7.400M	$0.00	$300.0K
% Of Pretax Income	9.37%	26.18%	26.24%	16.87%	26.65%	25.51%	41.21%	38.6%	37.35%	39.21%	38.32%	38.77%	37.75%	32.95%		0.0%	36.84%	6.33%	16.09%	12.99%	-40.0%	-460.0%				38.89%	41.81%		37.5%
Net Earnings	$30.85M	$283.7M	$339.9M	$60.35M	$159.7M	$123.3M	$60.10M	$40.10M	$25.52M	$16.62M	$8.993M	$15.78M	$10.57M	$4.200M	-$500.0K	$700.0K	$3.600M	$7.400M	$7.200M	$6.700M	$2.100M	$2.900M	-$6.100M	-$20.80M	-$17.80M	$1.100M	$10.30M	-$100.0K	$500.0K
YoY Change	-89.13%	-16.52%	463.19%	-62.21%	29.49%	105.22%	49.86%	57.17%	53.56%	84.77%	-43.0%	49.22%	151.71%	-940.0%	-171.43%	-80.56%	-51.35%	2.78%	7.46%	219.05%	-27.59%	-147.54%	-70.67%	16.85%	-1718.18%	-89.32%	-10400.0%	-120.0%	-171.43%
Net Earnings / Revenue	3.47%	36.92%	48.78%	9.57%	30.36%	27.51%	22.26%	24.07%	21.56%	20.43%	14.1%	29.8%	21.05%	10.22%	-1.15%
Basic Earnings Per Share	$0.31	$2.99	$3.60	$0.75	$2.62	$2.29	$1.59	$1.49	$1.21	$0.97	$0.57	$1.49	$1.05	$0.42	-$0.08
Diluted Earnings Per Share	$0.31	$2.98	$3.58	$0.75	$2.60	$2.26	$1.56	$1.46	$1.19	$0.96	$0.54	$1.44	$0.99	$0.38	-$0.08	$112.9K	$553.8K	$1.104M	$1.075M	$1.015M	$617.6K	$1.160M	-$4.692M	-$16.00M	-$13.69M	$785.7K	$10.30M	-$200.0K	$1.250M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995
Cash & Short-Term Investments
YoY Change
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets
YoY Change
Property, Plant & Equipment	$98.23M	$115.1M	$136.0M	$155.0M	$102.0M	$65.00M	$53.00M	$12.00M	$9.000M	$9.000M	$10.00M	$9.000M	$10.00M	$8.000M	$9.000M	$10.00M	$9.000M	$9.000M	$6.000M	$5.000M	$5.000M	$5.000M	$1.000M	$3.000M	$6.000M	$7.000M	$5.000M	$2.000M	$1.000M
YoY Change	-14.68%	-15.34%	-12.26%	51.96%	56.92%	22.64%	341.67%	33.33%	0.0%	-10.0%	11.11%	-10.0%	25.0%	-11.11%	-10.0%	11.11%	0.0%	50.0%	20.0%	0.0%	0.0%	400.0%	-66.67%	-50.0%	-14.29%	40.0%	150.0%	100.0%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$113.6M	$183.6M	$87.00M	$89.00M	$0.00	$16.00M	$13.00M	$17.00M	$12.00M	$9.000M	$8.000M	$7.000M	$9.000M	$11.00M	$11.00M	$11.00M	$7.000M	$7.000M	$5.000M	$3.000M	$3.000M	$2.000M	$0.00	$1.000M	$5.000M			$0.00	$0.00
YoY Change	-38.14%	111.04%	-2.25%		-100.0%	23.08%	-23.53%	41.67%	33.33%	12.5%	14.29%	-22.22%	-18.18%	0.0%	0.0%	57.14%	0.0%	40.0%	66.67%	0.0%	50.0%		-100.0%	-80.0%
Total Long-Term Assets
YoY Change
Total Assets	$19.03B	$21.69B	$21.09B	$19.74B	$11.78B	$11.49B	$8.025B	$4.036B	$2.790B	$2.039B	$1.714B	$1.174B	$961.0M	$827.0M	$807.0M	$740.0M	$763.0M	$731.0M	$703.0M	$543.0M	$309.0M	$238.0M	$244.0M	$414.0M	$552.0M	$428.0M	$397.0M	$104.0M	$74.00M
YoY Change
Accounts Payable																										$11.00M	$15.00M	$6.000M	$2.000M
YoY Change																										-26.67%	150.0%	200.0%
Accrued Expenses	$216.6M	$206.0M	$204.0M	$243.0M	$129.0M	$80.00M	$54.00M	$34.00M	$30.00M	$22.00M	$18.00M	$9.000M	$7.000M	$10.00M	$13.00M	$5.000M	$8.000M	$7.000M	$6.000M	$3.000M	$2.000M	$3.000M	$2.000M	$7.000M	$29.00M
YoY Change	5.13%	0.99%	-16.05%	88.37%	61.25%	48.15%	58.82%	13.33%	36.36%	22.22%	100.0%	28.57%	-30.0%	-23.08%	160.0%	-37.5%	14.29%	16.67%	100.0%	50.0%	-33.33%	50.0%	-71.43%	-75.86%
Deferred Revenue
YoY Change
Short-Term Debt																						$11.00M
YoY Change
Long-Term Debt Due	$60.00M	$0.00	$0.00	$0.00	$0.00	$0.00				$18.00M	$20.00M
YoY Change										-10.0%
Total Short-Term Liabilities	$276.6M	$206.0M	$204.0M	$243.0M	$129.0M	$80.00M	$54.00M	$34.00M	$30.00M	$40.00M	$38.00M	$9.000M	$7.000M	$10.00M	$13.00M	$5.000M	$8.000M	$7.000M	$6.000M	$3.000M	$2.000M	$3.000M	$2.000M	$7.000M	$29.00M	$11.00M	$15.00M	$6.000M	$2.000M
YoY Change	34.25%	0.99%	-16.05%	88.37%	61.25%	48.15%	58.82%	13.33%	-25.0%	5.26%	322.22%	28.57%	-30.0%	-23.08%	160.0%	-37.5%	14.29%	16.67%	100.0%	50.0%	-33.33%	50.0%	-71.43%	-75.86%	163.64%	-26.67%	150.0%	200.0%
Long-Term Debt	$271.8M	$331.2M	$331.0M	$502.0M	$215.0M	$110.0M	$105.0M	$69.00M	$69.00M	$99.00M	$39.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$0.00	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$10.00M	$0.00	$0.00
YoY Change	-17.92%	0.06%	-34.06%	133.49%	95.45%	4.76%	52.17%	0.0%	-30.3%	153.85%	290.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%		-100.0%	0.0%	0.0%	0.0%	0.0%	-80.0%
Other Long-Term Liabilities					$2.000M	$2.000M	$1.000M
YoY Change					0.0%	100.0%
Total Long-Term Liabilities	$271.8M	$331.2M	$331.0M	$502.0M	$217.0M	$112.0M	$106.0M	$69.00M	$69.00M	$99.00M	$39.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$10.00M	$0.00	$2.000M	$2.000M	$2.000M	$2.000M	$2.000M	$10.00M	$0.00	$0.00
YoY Change	-17.92%	0.06%	-34.06%	131.34%	93.75%	5.66%	53.62%	0.0%	-30.3%	153.85%	290.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%		-100.0%	0.0%	0.0%	0.0%	0.0%	-80.0%
Total Liabilities	$16.14B	$18.89B	$18.21B	$16.99B	$9.763B	$9.518B	$6.783B	$3.577B	$2.491B	$1.839B	$1.539B	$1.039B	$874.0M	$748.0M	$734.0M	$682.0M	$703.0M	$673.0M	$652.0M	$499.0M	$272.0M	$227.0M	$236.0M	$401.0M	$517.0M	$376.0M	$346.0M	$95.00M	$70.00M
YoY Change	-14.53%	3.74%	7.17%	74.02%	2.57%	40.32%	89.63%	43.6%	35.45%	19.49%	48.12%	18.88%	16.84%	1.91%	7.62%	-2.99%	4.46%	3.22%	30.66%	83.46%	19.82%	-3.81%	-41.15%	-22.44%	37.5%	8.67%	264.21%	35.71%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009
Basic Shares Outstanding	94.11M shares	93.72M shares	93.53M shares	79.21M shares	60.34M shares	53.96M shares	37.71M shares	26.93M shares	21.16M shares	17.05M shares	15.80M shares	10.57M shares	10.09M shares	10.03M shares	5.643M shares
Diluted Shares Outstanding	94.24M shares	94.09M shares	94.01M shares	79.51M shares	60.69M shares	54.61M shares	38.51M shares	27.44M shares	21.49M shares	17.34M shares	16.61M shares	10.98M shares	10.63M shares	11.06M shares	5.643M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $2.7061 Billion

About Pacific Premier Bancorp Inc

Pacific Premier Bancorp, Inc. is a bank holding company, which engages in the provision of banking services through its subsidiary, Pacific Premier Bank. The company is headquartered in Irvine, California and currently employs 1,345 full-time employees. The firm operates through its wholly owned subsidiary, Pacific Premier Bank (the Bank). The Bank provides banking products and services, including deposit accounts, digital banking, and treasury management services, to businesses, professionals, entrepreneurs, real estate investors, and nonprofit organizations. The Bank also offers a range of loan products, such as commercial business loans, lines of credit, commercial real estate loans, agribusiness loans, franchise lending, and construction loans. Pacific Premier Bank offers commercial escrow services and facilitates 1031 Exchange transactions through its Commerce Escrow division. The Bank offers clients individual retirement account (IRA) custodial services through its Pacific Premier Trust division. The company conducts business throughout the Western Region of the United States from its 58 full-service depository branches located in Arizona, California, Nevada, and Washington.

Industry: State Commercial Banks Peers: Ameris Bancorp Associated Banc-Corp BancFirst Corp Bank of Hawaii Corp First Hawaiian Inc Cathay General Bancorp PNC Financial Services Group Inc Simmons First National Corp Texas Capital Bancshares Inc