Pacific Premier Bancorp, Inc. (PPBI)

Pacific Premier Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	630.76	655.21	717.62	673.72	622.03	577.56
Interest Income on Investments	165.71	167.36	170.37	94.86	74.71	53.17
Total Interest Income	796.47	822.57	887.99	768.58	696.74	630.73
Interest Paid on Deposits	258.06	257.99	217.45	40.09	11.82	34.34
Interest Paid on Borrowings	23.23	27.63	45.5	31.37	22.55	22.18
Total Interest Expense	281.28	285.62	262.95	71.47	34.37	56.52
Net Interest Income	515.19	536.95	625.04	697.11	662.37	574.21
Net Interest Income Growth (YoY)	-14.36%	-14.09%	-10.34%	5.24%	15.35%	28.37%
Trust Income	36.78	37.12	39.13	41.61	38.18	16.65
Gain (Loss) on Sale of Investments	-	-	-255.12	1.71	16.92	13.88
Other Non-Interest Income	25.36	29.37	30.25	31.5	39.29	25.47
Total Non-Interest Income	73.26	77.57	-174.71	88.75	108.03	71.33
Non-Interest Income Growth (YoY)	-	-	-	-17.85%	51.46%	98.97%
Revenues Before Loan Losses	588.45	614.52	450.33	785.86	770.4	645.54
Provision for Loan Losses	-2.78	4.79	10.13	4.83	-70.88	191.82
Revenue	591.23	609.73	440.2	781.03	841.28	453.72
Revenue Growth (YoY)	40.61%	38.51%	-43.64%	-7.16%	85.42%	-4.97%
Salaries and Employee Benefits	188.02	189.34	194.3	206.32	202.43	169.59
Federal Deposit Insurance	7.74	8.37	11.37	5.77	5.27	3.57
Amortization of Goodwill & Intangibles	10.82	11.09	12.3	13.98	15.94	17.07
Selling, General & Administrative	123.03	123.55	126.15	123.69	116.7	103.39
Other Non-Interest Expense	70.58	70.13	62.61	46.91	39.94	38.37
Total Non-Interest Expense	400.19	402.53	406.95	396.67	380.27	331.99
EBT Excluding Unusual Items	191.04	207.2	33.25	384.36	461.01	121.73
Other Unusual Items	5.27	5.27	0.79	-	-0.18	-
Pretax Income	196.31	212.47	34.04	384.36	460.82	72.6
Income Tax Expense	48.51	53.67	3.19	100.62	120.93	12.25
Net Income	147.8	158.8	30.85	283.74	339.89	60.35
Preferred Dividends & Other Adjustments	2.86	2.86	2.06	3.41	3.52	0.8
Net Income to Common	144.94	155.94	28.79	280.34	336.37	59.55
Net Income Growth	865.05%	414.72%	-89.13%	-16.52%	463.19%	-62.21%
Basic Shares Outstanding	95	95	94	94	94	79
Diluted Shares Outstanding	95	95	94	94	94	80
Shares Change (YoY)	0.49%	0.47%	0.15%	0.08%	18.25%	31.00%
EPS (Basic)	1.53	1.65	0.31	2.99	3.60	0.75
EPS (Diluted)	1.53	1.65	0.31	2.98	3.58	0.75
EPS Growth	984.39%	438.96%	-89.73%	-16.76%	377.33%	-71.15%
Dividend Per Share	1.320	1.320	1.320	1.320	1.320	1.080
Dividend Growth	-	-	-	-	22.22%	18.68%
Effective Tax Rate	24.71%	25.26%	9.37%	26.18%	26.24%	16.87%

Updated Feb 28, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q