Pacific Premier Bancorp: Q2 Earnings Snapshot

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IRVINE, Calif. (AP) — IRVINE, Calif. (AP) — Pacific Premier Bancorp Inc. (PPBI) on Thursday reported second-quarter earnings of $57.6 million.

The Irvine, California-based company said it had profit of 60 cents per share.

The results exceeded Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 59 cents per share.

The holding company for Pacific Premier Bank posted revenue of $245.9 million in the period. Its adjusted revenue was $180.6 million, which met Street forecasts.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on PPBI at https://www.zacks.com/ap/PPBI

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