Pacific Premier Bancorp traded at $24.49 this Friday August 29th, increasing $0.08 or 0.33 percent since the previous trading session. Looking back, over the last four weeks, Pacific Premier Bancorp gained 12.60 percent. Over the last 12 months, its price fell by 4.71 percent. Looking ahead, we forecast Pacific Premier Bancorp to be priced at 24.00 by the end of this quarter and at 22.60 in one year, according to Trading Economics global macro models projections and analysts expectations.
Pacific Premier Bancorp, Inc. is a bank holding company. The Company's subsidiary, Pacific Premier Bank (the Bank), is a California state-chartered commercial bank. The Bank's lending business is focused on meeting the financial needs of small- and medium-sized businesses and corporations. The Bank's loan portfolio includes commercial and industrial (C&I) and franchise lending, commercial owner-occupied business lending, commercial non-owner-occupied real estate lending, multifamily residential lending, construction lending, one-to-four family real estate lending, and consumer loans. The Bank also offers an array of deposit products and services, including checking, money market, and savings accounts, electronic banking services, treasury management services, and online bill payment. The Bank operates approximately 63 branches in metropolitan markets in California, Washington, Oregon, Arizona, and Nevada.