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Pacific Premier Bancorp Inc  (PPBI)
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    Sector  Financial    Industry Regional Banks
 
 

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Pacific Premier Bancorp Inc announced forth quarter 2016 operating income of $33.487 millions



For the forth quarter 2016 Pacific Premier Bancorp Inc income increased by 16.65 % of $0.43 per share compare to $0.37 a year ago and earnings grew by 30.3 % from $0.33 per share from the previous quarter.

Revenues jumped by 42.12 % to $45 millions from $31 millions in the same quarter a year ago and sequentially Revenues advanced by 8.76 % from $41 millions.



Net income of $12 millions in the forth quarter 2016 increased by 48.23 % from net earnings of $8 millions reported in the forth quarter 2016 a year ago. Pacific Premier Bancorp Inc also emphasized it's improving profit margins, where net margin rose to 26.83% in forth quarter 2016, and operating margin edged up to 75.16%.
Looking into financial results for the fiscal year 2016, Pacific Premier Bancorp Inc reported Revenues of $164 millions and net income of $40 millions.

Regional Banks Company explained also, that Earnings per share grew by 22.69 % to $1.46 per share from $1.19 in the previous fiscal year, while Revenues surged by 43.36 % from $114 millions a year ago.

Pacific Premier Bancorp Inc is expected to report next financial results on February 14, 2018.
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