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Pacific Premier Bancorp Inc
Pacific Premier Bancorp, Inc. is a bank holding company headquartered in Irvine, California. The company operates through its subsidiary, Pacific Premier Bank, which provides a range of commercial banking services to businesses, professionals, and individuals.
Pacific Premier Bancorp's stock is listed on the NASDAQ stock exchange under the ticker symbol "PPBI". The company has a market capitalization of around $5.5 billion as of February 2023.
Pacific Premier Bancorp's business is organized into three segments: Commercial Banking, Community Banking, and Residential Mortgage Banking. The Commercial Banking segment provides financial services to businesses and professionals, including commercial and industrial loans, commercial real estate loans, and deposit products. The Community Banking segment serves individuals and small businesses through a network of branches in Southern California. The Residential Mortgage Banking segment originates and services residential mortgage loans through a network of mortgage banking branches and loan production offices.
Pacific Premier Bancorp has a strong track record of financial performance, with steady growth in earnings and assets over the past several years. The company has also been active in mergers and acquisitions, completing several deals in recent years to expand its footprint and diversify its business.
Overall, Pacific Premier Bancorp is a well-established and growing bank holding company with a focus on commercial banking, community banking, and residential mortgage banking. Its stock has performed well over the past several years and the company is well-positioned to continue growing in the future.