Pacific Premier Bancorp: Q1 Earnings Insights

Pacific Premier Bancorp PPBI reported its Q1 earnings results on Tuesday, April 26, 2022 at 06:00 AM.

Here's what investors need to know about the announcement.

Pacific Premier Bancorp missed estimated earnings by 5.41%, reporting an EPS of $0.7 versus an estimate of $0.74.

Revenue was up $2.34 million from the same period last year.

Last quarter the company beat on EPS by $0.05 which was followed by a 2.95% drop in the share price the next day.

Here's a look at Pacific Premier Bancorp's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.84	0.83	0.71	0.58
EPS Actual	0.89	0.95	1.01	0.72
Revenue Estimate	173.81M	166.08M	167.69M	166.57M
Revenue Actual	198.00M	199.17M	187.66M	185.39M

To track all earnings releases for Pacific Premier Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.