Pacific Premier Bancorp

Pacific Premier Bancorp, Inc. to Announce First Quarter 2024 Financial Results on April 24, 2024

Retrieved on: 
Friday, March 29, 2024
Banking, Professional Services, Finance, Pacific Premier Bancorp, Webcast, PPBI

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its first quarter 2024 financial results before the market opens on Wednesday, April 24, 2024.

Key Points: 
  • Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its first quarter 2024 financial results before the market opens on Wednesday, April 24, 2024.
  • Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m.
  • ET that day to discuss its financial results.
  • Analysts and investors may participate in the question-and-answer session.

Bret Rathwick and Michael Anthony Join Commercial and Industrial Team at Western Alliance Bank

Retrieved on: 
Tuesday, February 20, 2024
Banking, Professional Services, Finance, Opus, Comerica, Multimedia, Bank, Relationship, Citibank, Commercial, Wells Fargo, Business administration, Pacific Premier Bancorp, California State University, Chapman University, Bank of America

Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team.

Key Points: 
  • Western Alliance Bank today announced the appointment of Bret Rathwick and Michael Anthony to the organization’s Commercial and Industrial team.
  • View the full release here: https://www.businesswire.com/news/home/20240220072844/en/
    “Bret and Michael’s addition to the commercial banking team at Western Alliance Bank strengthens our capacity to serve the thriving commercial market in California,” said Julian Parra, head of commercial and industrial banking for California at Western Alliance Bank.
  • Prior to joining the Western Alliance Bank team, he served as an Area Manager at Wells Fargo, overseeing a team of commercial loan officers in Orange County.
  • Anthony brings nearly a decade of experience to the Western Alliance team.

Pacific Premier Bancorp, Inc. to Announce Fourth Quarter 2023 Financial Results on January 29, 2024

Retrieved on: 
Tuesday, January 2, 2024
Banking, Professional Services, Finance, Webcast, Pacific Premier Bancorp, PPBI

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its fourth quarter 2023 financial results before the market opens on Monday, January 29, 2024.

Key Points: 
  • Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its fourth quarter 2023 financial results before the market opens on Monday, January 29, 2024.
  • Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m.
  • ET that day to discuss its financial results.
  • Analysts and investors may participate in the question-and-answer session.

Pacific Premier Announces Securities Portfolio Repositioning

Retrieved on: 
Monday, November 20, 2023
Banking, Professional Services, Finance, Sale, Pacific Premier Bancorp, Bank, PPBI

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank (the “Bank,” and together with Pacific Premier, the “Company”), announced the Bank completed an investment securities portfolio repositioning.

Key Points: 
  • Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank (the “Bank,” and together with Pacific Premier, the “Company”), announced the Bank completed an investment securities portfolio repositioning.
  • The Bank sold approximately $1.27 billion of available-for-sale securities consisting primarily of lower-yielding agency and mortgage-backed debt securities with an average yield of 1.34% for an estimated after-tax loss of approximately $182.3 million.
  • Steven R. Gardner, Chairman, Chief Executive Officer, and President of Pacific Premier, commented, “We elected to proactively reposition our securities portfolio during the fourth quarter, which we anticipate will provide significant earnings benefit as we enter 2024.
  • “Through this securities portfolio repositioning, we have significantly improved the Company’s future earnings power, while simultaneously preserving our strong capital levels and further enhancing our liquidity.

CCEDA UNVEILS SURVEY INTO BANK SUPPORT FOR CALIFORNIA CDCS AND CDFIS

Retrieved on: 
Wednesday, November 29, 2023
Western Alliance Bancorporation, PacWest Bancorp, City National Bank, Comerica, Farmers and Merchants Bank, Bank, HSBC, BMO, PNC Financial Services, Banner Bank, Citibank, Farmer, Cathay Bank, Community development, BIPOC, CDC 3000 series, Chairperson, Union Bank, U.S. Bancorp, Pacific Premier Bancorp, JPMorgan Chase, Morgan Stanley, Community, Bank of the West, Community development financial institution, Goldman Sachs, Capital One, FleetBoston Financial, PACE, Umpqua Holdings Corporation, Growth, Bank of America, Ally Financial, EastWest Bank, Wells Fargo, First Bank, First Citizens BancShares

LOS ANGELES, Nov. 27, 2023 /PRNewswire/ -- California Community Economic Development Association (CCEDA) in collaboration with Rise Economy, formerly known as the Community Reinvestment Coalition, has released the results of a survey aimed at illuminating the funding landscape for Community Development Corporations (CDCs) and Community Development Financial Institutions (CDFIs) across California. Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).

Key Points: 
  • Conducted between August 2nd and September 21st, 2023, the survey reached out to over 100 CDCs and CDFIs, receiving 45 responses (40%).
  • The top two banks cited by CDCs and CDFIs, especially BIPOC led CDFIs, were JP Morgan Chase and Wells Fargo Bank, while a large number of CDCs, more almost 40%, pointed to NO bank support.
  • "This report stands as an important instrument in encouraging bank backing for the invaluable efforts of CDCs and CDFIs in California," stated Roberto Barragan, Executive Director at CCEDA.
  • Fifty five banks were listed in the survey including JPMorgan Chase (including First Republic), Bank of America, Citibank, Wells Fargo Bank, US Bank (including Union Bank), PNC Bank, Goldman Sachs, Capital One, BMO (including Bank of the West), First Citizens Bank, Morgan Stanley, Ally Bank, HSBC, City National Bank, Comerica Bank, Western Alliance Bank, EastWest Bank, Umpqua Bank, Pacific Western Bank, First Bank, Cathay Bank, Pacific Premier Bank, Bank of Hope, Mechanics Bank, Banner Bank, First Foundation Bank, and Farmers and Merchants Bank (Long Beach).

Genesis Bank Opportunistically Adds New Hire to Its 1031 Exchange Division

Retrieved on: 
Wednesday, October 18, 2023
Banking, Asset Management, Professional Services, Finance, Opus, Knowledge, Shannon, Bank, Acquisition, Investment, Pacific Premier Bancorp, Exchange, Internal Revenue Code section 1031, Financial services

Genesis Bank (“Genesis” or the “Bank”), announced today that Shannon Kinnard has joined Genesis as Vice President, Exchange Officer, and is responsible for further expanding the Bank’s 1031 Exchange Division, client base, and growth initiatives.

Key Points: 
  • Genesis Bank (“Genesis” or the “Bank”), announced today that Shannon Kinnard has joined Genesis as Vice President, Exchange Officer, and is responsible for further expanding the Bank’s 1031 Exchange Division, client base, and growth initiatives.
  • In just over one year since the initial launch of our 1031 Exchange Division, the Bank has executed 40 transactions totaling over $375 million.
  • Stephen H. Gordon, Chairman and Chief Executive Officer of Genesis Bank, stated, “We are thrilled that Shannon has joined Genesis Bank and Genesis Bank Exchange as our 1031 Exchange division continues facilitating transactions on behalf of its clients.
  • Having previously worked with Shannon at Opus Bank following our acquisition of Commerce Escrow and RPM Investments in 2015, we are honored to have the opportunity to work with her again here through the Bank’s Genesis Bank Exchange division.

Pacific Premier Bancorp, Inc. to Announce Third Quarter 2023 Financial Results on October 24, 2023

Retrieved on: 
Friday, September 29, 2023
Banking, Personal Finance, Professional Services, Finance, Webcast, PPBI, Pacific Premier Bancorp, PT, Rare-earth element, Broadcasting, Online shopping

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its third quarter 2023 financial results before the market opens on Tuesday, October 24, 2023.

Key Points: 
  • Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its third quarter 2023 financial results before the market opens on Tuesday, October 24, 2023.
  • Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m.
  • ET that day to discuss its financial results.
  • Analysts and investors may participate in the question-and-answer session.

FHLBank San Francisco Doubles Empowering Black Homeownership Matching Grant Program with New $2 Million Commitment

Retrieved on: 
Wednesday, September 20, 2023
Citizens Business Bank, Federal Home Loan Banks, Erie Neighborhood House, Partnership, Marketing, Service, Bank of the West, MUFG Union Bank, Pacific Premier Bancorp, WISH, Research, Urban, HUD, PacWest Bancorp, SAN, HCA, City National Bank, Mechanics Bank, Tri Counties Bank, Bank, NHS, Toyota Financial Services, HCA Healthcare, Social, Empowerment, FleetBoston Financial, Farmer, Drug, Western Alliance Bancorporation, Black

With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.

Key Points: 
  • With participation by FHLBank San Francisco member institutions in Arizona, California, and Nevada, the 2023 program has the potential to deploy up to $4 million to increase Black homeownership and help bridge the racial wealth gap.
  • We are proud to double our commitment to this transformative program, and we look forward to matching up to $2 million in grants aimed at supporting Black community members on their path to reaching and sustaining homeownership and economic security.”
    The Empowering Black Homeownership program is one component of FHLBank San Francisco’s commitment to advancing racial equity.
  • To that end, the Empowering Black Homeownership matching grant program was created in 2022 to allow FHLBank San Francisco member financial institutions to request dollar-for-dollar matching grants up to a total of $125,000 per member.
  • The Empowering Black Homeownership matching grant program is just one example of the Bank's mission of promoting homeownership.

Pacific Premier Bancorp, Inc. to Announce Second Quarter 2023 Financial Results on July 27, 2023

Retrieved on: 
Friday, June 30, 2023
Banking, Personal Finance, Professional Services, Finance, Webcast, PPBI, Pacific Premier Bancorp, PT, Rare-earth element, Broadcasting, Online shopping

Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its second quarter 2023 financial results before the market opens on Thursday, July 27, 2023.

Key Points: 
  • Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) ("Pacific Premier"), the holding company of Pacific Premier Bank, announced today that it will issue its second quarter 2023 financial results before the market opens on Thursday, July 27, 2023.
  • Pacific Premier will also host a conference call at 9:00 a.m. PT / 12:00 p.m.
  • ET that day to discuss its financial results.
  • Analysts and investors may participate in the question-and-answer session.

RealManage Hires Barry Coleman as Vice President of Corporate Development

Retrieved on: 
Monday, June 26, 2023
Mergers and acquisitions, Pacific Premier Bancorp, Partnership, Senior, Pacific Ocean, Corporate development, Management, Sales

Atlanta, GA, June 26, 2023 (GLOBE NEWSWIRE) -- RealManage, a leading provider of community management services, is pleased to announce the hiring of Barry Coleman as the Vice President of Corporate Development.

Key Points: 
  • Atlanta, GA, June 26, 2023 (GLOBE NEWSWIRE) -- RealManage, a leading provider of community management services, is pleased to announce the hiring of Barry Coleman as the Vice President of Corporate Development.
  • Barry brings a wealth of experience and expertise to his new role at RealManage.
  • Prior to joining the organization, he served as the Senior Vice President and Director of the Community Association Banking division at Pacific Premier Bank.
  • His responsibilities will include driving corporate growth initiatives, identifying potential partnership opportunities, and spearheading strategic business development efforts.