PPBI - Pacific Premier Bancorp GAAP EPS of $0.66 misses by $0.03 revenue of $189.99M misses by $4.5M
2023-04-27 06:13:30 ET
- Pacific Premier Bancorp press release ( NASDAQ: PPBI ): Q1 GAAP EPS of $0.66 misses by $0.03 .
- Revenue of $189.99M (+1.2% Y/Y) misses by $4.5M .
- Cost of deposits of 0.94%, and cost of core deposits (1) of 0.54%; total deposits decreased $144.6 million, or 0.8%, from the prior quarter
- Nonperforming assets to total assets of 0.14%, and net charge-offs to average loans of 0.02%
- Total risk-based capital ratio of 16.33% and common equity tier 1 capital ratio of 13.54%
- Tangible book value per share increased $0.23 to $19.61 compared to the prior quarter; tangible common equity ratio of 9.20%
- Available liquidity of $10 billion; cash and cash equivalents increased to $1.42 billion and unused borrowing capacity of $8.55 billion at quarter end
For further details see:
Pacific Premier Bancorp GAAP EPS of $0.66 misses by $0.03, revenue of $189.99M misses by $4.5M