PPBI Stock Fair Value Calculation – Voya Investment Management LLC Invests $9.75 Million in Pacific Premier Bancorp,

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Voya Investment Management LLC recently invested $9.75 million in Pacific Premier Bancorp ($NASDAQ:PPBI), Inc., according to Defense World. Pacific Premier Bancorp, Inc is a bank holding company that operates through its wholly owned subsidiary, Pacific Premier Bank. Its services include business deposits, treasury management, loans, credit cards, and other services.

It offers competitive interest rates and innovative products to its customers, including a cash back rewards card, money market accounts, and certificates of deposit. The company also offers remote banking services such as mobile banking and online banking, allowing its customers to manage their accounts from anywhere.

Price History

On Monday, the stock of the company opened at $20.1 and closed at $20.5, a 2.3% increase from its last closing price of $20.0. The investment from Voya Investment Management LLC indicates that they are confident in the future of Pacific Premier Bancorp and are willing to put their money behind it. This has been received positively by investors who are now eyeing the stock for further growth. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for PPBI. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for PPBI. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for PPBI. More…

Key Ratios Snapshot

Some of the financial key ratios for PPBI are shown below. More…

Analysis – PPBI Stock Fair Value Calculation

As GoodWhale, we have carefully analyzed the fundamentals of PACIFIC PREMIER BANCORP and have come to the conclusion that the fair value of its shares is around $35.0. This has been calculated using our proprietary Valuation Line. Currently, PACIFIC PREMIER BANCORP shares are trading at $20.5, which is undervalued by 41.4%. Therefore, we believe that this could be a good opportunity for investors to purchase the shares at a discount. More…

Peers

The competition between Pacific Premier Bancorp Inc and its competitors is fierce. Each company is vying for market share and trying to outdo the other in terms of products, services, and customer satisfaction. While there are many similarities between the companies, each has its own unique strengths and weaknesses. Primary Bk is known for its strong customer service, while Banco Espirito Santo SA has a reputation for being a reliable and efficient bank. InBankshares Corp is known for its innovative products and services.

– Primary Bk ($OTCPK:PRMY)

Banco Espirito Santo SA is a Portuguese bank headquartered in Lisbon. The bank was founded in 1869 and is the oldest bank in Portugal. The bank is the largest Portuguese bank by assets and has a strong presence in Portugal, Spain, Angola, Mozambique, Cape Verde, and São Tomé and Príncipe. The bank’s market cap as of 2022 is 56.25k. The bank offers a wide range of banking services including retail banking, corporate banking, investment banking, asset management, and insurance.

– Banco Espirito Santo SA ($OTCPK:BKESY)

As of 2022, TowneBank’s market cap is $103.87 million. The company is a community bank that operates primarily in Virginia and North Carolina. It offers a range of banking and financial services to retail and commercial customers, including deposit and loan products, treasury management, and wealth management.

Summary

Voya Investment Management LLC recently revealed its holdings in Pacific Premier Bancorp, Inc. (PBCP) totaling $9.75 million. This investment marks a significant increase from the previous quarter, indicating a potential growth in investment activity. Analysts have noted that PBCP is an attractive choice for investors due to the company’s steady performance and positive outlook. The company is well-positioned in the banking sector, with a strong market position, ample liquidity, and high capital efficiency.

Additionally, PBCP has an impressive track record of acquiring banks to expand its reach across the country, as well as a long history of paying dividends to shareholders. Overall, PBCP looks like an attractive option for investors and should provide a good return over the long-term.