Pacific Premier Bancorp, Inc. (PPBI)

Pacific Premier Bancorp Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	655.21	717.62	673.72	622.03	577.56
Interest Income on Investments	167.36	170.37	94.86	74.71	53.17
Total Interest Income	822.57	887.99	768.58	696.74	630.73
Interest Paid on Deposits	257.99	217.45	40.09	11.82	34.34
Interest Paid on Borrowings	27.63	45.5	31.37	22.55	22.18
Total Interest Expense	285.62	262.95	71.47	34.37	56.52
Net Interest Income	536.95	625.04	697.11	662.37	574.21
Net Interest Income Growth (YoY)	-14.09%	-10.34%	5.24%	15.35%	28.37%
Trust Income	37.12	39.13	41.61	38.18	16.65
Gain (Loss) on Sale of Investments	-	-253.93	1.71	16.92	13.88
Other Non-Interest Income	34.64	29.05	31.5	39.29	25.47
Total Non-Interest Income	82.84	-174.71	88.75	108.03	71.33
Non-Interest Income Growth (YoY)	-	-	-17.85%	51.46%	98.97%
Revenues Before Loan Losses	619.79	450.33	785.86	770.4	645.54
Provision for Loan Losses	4.79	10.13	4.83	-70.88	191.82
Revenue	615	440.2	781.03	841.28	453.72
Revenue Growth (YoY)	39.71%	-43.64%	-7.16%	85.42%	-4.97%
Salaries and Employee Benefits	211.06	194.3	206.32	202.43	169.59
Federal Deposit Insurance	8.37	11.37	5.77	5.27	3.57
Amortization of Goodwill & Intangibles	11.09	12.3	13.98	15.94	17.07
Selling, General & Administrative	101.84	126.15	123.69	116.7	103.39
Other Non-Interest Expense	70.13	62.61	46.91	39.94	38.37
Total Non-Interest Expense	402.53	406.95	396.67	380.27	331.99
EBT Excluding Unusual Items	212.47	33.25	384.36	461.01	121.73
Other Unusual Items	-	0.79	-	-0.18	-
Pretax Income	212.47	34.04	384.36	460.82	72.6
Income Tax Expense	53.67	3.19	100.62	120.93	12.25
Net Income	158.8	30.85	283.74	339.89	60.35
Preferred Dividends & Other Adjustments	2.86	2.06	3.41	3.52	0.8
Net Income to Common	155.94	28.79	280.34	336.37	59.55
Net Income Growth	414.72%	-89.13%	-16.52%	463.19%	-62.21%
Basic Shares Outstanding	95	94	94	94	79
Diluted Shares Outstanding	95	94	94	94	80
Shares Change (YoY)	0.47%	0.15%	0.08%	18.24%	31.00%
EPS (Basic)	1.65	0.31	2.99	3.60	0.75
EPS (Diluted)	1.65	0.31	2.98	3.58	0.75
EPS Growth	438.96%	-89.73%	-16.76%	377.33%	-71.15%
Dividend Per Share	1.320	1.320	1.320	1.320	1.080
Dividend Growth	0%	0%	0%	22.22%	18.68%
Effective Tax Rate	25.26%	9.37%	26.18%	26.24%	16.87%

Source: S&P Capital IQ. Banks template. Financial Sources.