Pacific Premier Bancorp Inc
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides various banking products and services in the United States. The company accepts deposit products, which includes checking, money market, savings accounts, and certificates of deposit. Its loan portfolio includes commercial real estate owner and non-owner-occupied, multifamily, construction an… Read more
Pacific Premier Bancorp Inc (PPBI) - Net Assets
Latest net assets as of June 2025: $2.98 Billion USD
Based on the latest financial reports, Pacific Premier Bancorp Inc (PPBI) has net assets worth $2.98 Billion USD as of June 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($17.78 Billion) and total liabilities ($14.81 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $2.98 Billion |
| % of Total Assets | 16.73% |
| Annual Growth Rate | 16.23% |
| 5-Year Change | -84.61% |
| 10-Year Change | 888.61% |
| Growth Volatility | 168.02 |
Pacific Premier Bancorp Inc - Net Assets Trend (1997–2024)
This chart illustrates how Pacific Premier Bancorp Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Pacific Premier Bancorp Inc (1997–2024)
The table below shows the annual net assets of Pacific Premier Bancorp Inc from 1997 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $2.96 Billion | +2.54% |
| 2023-12-31 | $2.88 Billion | +3.01% |
| 2022-12-31 | $2.80 Billion | -86.15% |
| 2021-12-31 | $20.21 Billion | +5.22% |
| 2020-12-31 | $19.20 Billion | +854.19% |
| 2019-12-31 | $2.01 Billion | +2.18% |
| 2018-12-31 | $1.97 Billion | +58.59% |
| 2017-12-31 | $1.24 Billion | +170.40% |
| 2016-12-31 | $459.32 Million | +53.63% |
| 2015-12-31 | $298.98 Million | +49.80% |
| 2014-12-31 | $199.59 Million | +13.91% |
| 2013-12-31 | $175.23 Million | +30.26% |
| 2012-12-31 | $134.52 Million | +55.01% |
| 2011-12-31 | $86.78 Million | +10.40% |
| 2010-12-31 | $78.60 Million | +6.94% |
| 2009-12-31 | $73.50 Million | +27.72% |
| 2008-12-31 | $57.55 Million | -5.27% |
| 2007-12-31 | $60.75 Million | +4.67% |
| 2006-12-31 | $58.04 Million | +14.75% |
| 2005-12-31 | $50.58 Million | +14.88% |
| 2004-12-31 | $44.03 Million | +17.94% |
| 2003-12-31 | $37.33 Million | +221.19% |
| 2002-12-31 | $11.62 Million | +51.97% |
| 2001-12-31 | $7.65 Million | -44.98% |
| 2000-12-31 | $13.90 Million | -59.71% |
| 1999-12-31 | $34.50 Million | -33.65% |
| 1998-12-31 | $52.00 Million | +2.16% |
| 1997-12-31 | $50.90 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Pacific Premier Bancorp Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 7201.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | $635.27 Million | 21.49% |
| Common Stock | $942.00K | 0.03% |
| Other Comprehensive Income | $-75.81 Million | -2.56% |
| Other Components | $2.40 Billion | 81.04% |
| Total Equity | $2.96 Billion | 100.00% |
Pacific Premier Bancorp Inc Competitors by Market Cap
The table below lists competitors of Pacific Premier Bancorp Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Gruma S.A.B. de C.V.
MX:GRUMAB
|
$2.31 Billion |
|
Hangzhou Lion Electronics Co Ltd
SHG:605358
|
$2.32 Billion |
|
DHT Holdings Inc
NYSE:DHT
|
$2.32 Billion |
|
BOK Financial Corporation
NASDAQ:BOKF
|
$2.32 Billion |
|
Shenzhen Zhongjin Lingnan Nonfemet Co Ltd
SHE:000060
|
$2.31 Billion |
|
Benefit Systems SA
WAR:BFT
|
$2.31 Billion |
|
Loncin Motor Co Ltd
SHG:603766
|
$2.31 Billion |
|
Bosideng International Holdings Limited
F:3BD
|
$2.31 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Pacific Premier Bancorp Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 2,882,581,000 to 2,955,743,000, a change of 73,162,000 (2.5%).
- Net income of 158,802,000 contributed positively to equity growth.
- Dividend payments of 127,108,000 reduced retained earnings.
- Share repurchases of 4,976,000 reduced equity.
- Other comprehensive income increased equity by 23,819,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $158.80 Million | +5.37% |
| Dividends Paid | $127.11 Million | -4.3% |
| Share Repurchases | $4.98 Million | -0.17% |
| Other Comprehensive Income | $23.82 Million | +0.81% |
| Other Changes | $22.62 Million | +0.77% |
| Total Change | $- | 2.54% |
Book Value vs Market Value Analysis
This analysis compares Pacific Premier Bancorp Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.78x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has increased from 0.63x to 0.78x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-12-31 | $38.88 | $24.49 | x |
| 1998-12-31 | $38.21 | $24.49 | x |
| 1999-12-31 | $26.08 | $24.49 | x |
| 2000-12-31 | $10.42 | $24.49 | x |
| 2001-12-31 | $5.73 | $24.49 | x |
| 2002-12-31 | $4.69 | $24.49 | x |
| 2003-12-31 | $10.98 | $24.49 | x |
| 2004-12-31 | $6.65 | $24.49 | x |
| 2005-12-31 | $7.60 | $24.49 | x |
| 2006-12-31 | $8.68 | $24.49 | x |
| 2007-12-31 | $9.31 | $24.49 | x |
| 2008-12-31 | $9.27 | $24.49 | x |
| 2009-12-31 | $13.03 | $24.49 | x |
| 2010-12-31 | $7.11 | $24.49 | x |
| 2011-12-31 | $8.16 | $24.49 | x |
| 2012-12-31 | $12.25 | $24.49 | x |
| 2013-12-31 | $10.55 | $24.49 | x |
| 2014-12-31 | $11.51 | $24.49 | x |
| 2015-12-31 | $13.91 | $24.49 | x |
| 2016-12-31 | $16.74 | $24.49 | x |
| 2017-12-31 | $32.25 | $24.49 | x |
| 2018-12-31 | $36.07 | $24.49 | x |
| 2019-12-31 | $33.16 | $24.49 | x |
| 2020-12-31 | $34.55 | $24.49 | x |
| 2021-12-31 | $30.70 | $24.49 | x |
| 2022-12-31 | $29.74 | $24.49 | x |
| 2023-12-31 | $30.59 | $24.49 | x |
| 2024-12-31 | $31.22 | $24.49 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Pacific Premier Bancorp Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 5.37%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 18.61%
- • Asset Turnover: 0.05x
- • Equity Multiplier: 6.06x
- Recent ROE (5.37%) is above the historical average (-2.47%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 20.24% | 21.33% | 0.12x | 7.80x | $5.21 Million |
| 1998 | 2.12% | 1.99% | 0.13x | 8.23x | $-4.10 Million |
| 1999 | -51.59% | -28.12% | 0.12x | 15.87x | $-21.25 Million |
| 2000 | -149.51% | -52.77% | 0.10x | 29.81x | $-22.17 Million |
| 2001 | -79.13% | -21.28% | 0.12x | 31.86x | $-6.82 Million |
| 2002 | 24.76% | 13.88% | 0.09x | 20.50x | $1.72 Million |
| 2003 | 5.53% | 10.56% | 0.06x | 8.29x | $-1.67 Million |
| 2004 | 15.31% | 24.54% | 0.05x | 12.34x | $2.34 Million |
| 2005 | 14.28% | 19.08% | 0.05x | 13.89x | $2.16 Million |
| 2006 | 12.80% | 14.67% | 0.07x | 12.59x | $1.62 Million |
| 2007 | 5.96% | 6.49% | 0.07x | 12.57x | $-2.46 Million |
| 2008 | 1.23% | 3.74% | 0.03x | 12.86x | $-5.05 Million |
| 2009 | -0.63% | -1.00% | 0.06x | 10.98x | $-7.81 Million |
| 2010 | 5.39% | 10.59% | 0.05x | 10.52x | $-3.62 Million |
| 2011 | 12.18% | 19.05% | 0.06x | 11.08x | $1.89 Million |
| 2012 | 11.73% | 24.49% | 0.05x | 8.73x | $2.32 Million |
| 2013 | 5.13% | 12.89% | 0.04x | 9.78x | $-8.53 Million |
| 2014 | 8.32% | 18.28% | 0.04x | 10.22x | $-3.34 Million |
| 2015 | 8.53% | 19.96% | 0.05x | 9.33x | $-4.38 Million |
| 2016 | 8.73% | 22.39% | 0.04x | 8.80x | $-5.83 Million |
| 2017 | 4.84% | 20.61% | 0.04x | 6.46x | $-64.10 Million |
| 2018 | 6.26% | 26.46% | 0.04x | 5.83x | $-73.63 Million |
| 2019 | 7.94% | 29.47% | 0.05x | 5.85x | $-41.54 Million |
| 2020 | 2.20% | 8.89% | 0.03x | 7.19x | $-214.31 Million |
| 2021 | 11.78% | 43.33% | 0.04x | 7.31x | $51.26 Million |
| 2022 | 10.14% | 34.02% | 0.04x | 7.75x | $3.90 Million |
| 2023 | 1.07% | 3.47% | 0.05x | 6.60x | $-257.41 Million |
| 2024 | 5.37% | 18.61% | 0.05x | 6.06x | $-136.77 Million |
Industry Comparison
This section compares Pacific Premier Bancorp Inc's net assets metrics with peer companies in the Banks - Regional industry.
Industry Context
- Industry: Banks - Regional
- Average net assets among peers: $25,670,820,700
- Average return on equity (ROE) among peers: 9.44%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Pacific Premier Bancorp Inc (PPBI) | $2.98 Billion | 20.24% | 4.98x | $2.31 Billion |
| Ameris Bancorp (ABCB) | $120.94 Million | 10.83% | 9.48x | $4.91 Billion |
| ACNB Corporation (ACNB) | $2.75 Billion | 1.01% | 0.01x | $462.57 Million |
| Addiko Bank AG (ADBKF) | $839.50 Million | 5.41% | 6.63x | $210.07 Million |
| Affinity Bancshares Inc (AFBI) | $120.97 Million | 6.26% | 5.51x | $79.94 Million |
| Absa Group Limited (AGRPF) | $19.52 Billion | 23.08% | 14.72x | $6.72 Billion |
| AIB Group plc (AIBGY) | $14.46 Billion | -16.17% | 8.45x | $21.72 Billion |
| Akbank Turk Anonim Sirketi (AKBTY) | $211.22 Billion | 31.48% | 8.02x | $8.60 Billion |
| Alpha Bank SA (ALBKY) | $7.32 Billion | 8.44% | 8.89x | $1.12 Billion |
| Community Capital Bancshares Inc (ALBY) | $9.19 Million | 7.09% | 8.66x | $19.76 Million |
| Alpine Banks of Colorado (ALPIB) | $342.89 Million | 16.92% | 10.27x | $248.47 Million |