Pacific Premier Bancorp Jumps to Record High

Pacific Premier Bancorp rose to a record high in Tuesday’s afternoon trading after the Southern California-based community bank reported Q4 earnings and revenues slightly above Street views. Shares were up 8.7% and earlier hit $39.30 – an all-time high.

The bank reported Q4 EPS of $0.43, above the $0.41 Street view as compiled by Capital IQ, and also above the $0.37 reported a year earlier,

Pacific Premier reported Q4 combined net interest and non-interest revenues of $46.6 million, above the Street view of $45.2 million, and also above the $33.1 million reported a year earlier.

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