PPBI Stock Intrinsic Value – Pacific Premier Bancorp Reports Disappointing Q4 Results

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Pacific Premier Bancorp ($NASDAQ:PPBI) reported its fourth quarter results and the news was not good. The California-based financial services institution saw earnings per share of $0.66, which fell short of expectations by $0.03. Revenue was also lower than expected at $189.99M, $4.5M less than what was expected. Pacific Premier Bancorp is a holding company for Pacific Premier Bank, a full-service commercial bank.

It offers services such as deposits, loans, and cash management services, among others. Pacific Premier Bancorp operates through its banking network in Southern and Northern California, with branches located in Los Angeles, Orange, Riverside, San Bernardino, San Diego, and Ventura counties.

Price History

Despite the gains, the overall performance of the company was disappointing. Pacific Premier Bancorp is a regional bank holding company that provides a range of banking services to business and personal clients. Despite this quarter’s disappointing results, the company remains committed to long-term growth and profitability. 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 Intrinsic Value

At GoodWhale, we have conducted our own analysis of the financials of PACIFIC PREMIER BANCORP. After taking a comprehensive look at its earnings, cash flows, balance sheet and other metrics, we have determined that the intrinsic value of the company’s share is around $35.2. This figure has been calculated using our proprietary Valuation Line. Currently, PACIFIC PREMIER BANCORP stock is trading at $22.3, which represents a discount of 36.7%. This suggests that the stock is undervalued by the market and could be an attractive buy opportunity for investors. 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

Despite these results, the stock price moved up the same day, likely due to investors expecting worse results. Analysts are watching to see if this positive movement will be sustained throughout the quarter, with many expecting the bank to benefit from the current market environment. Additionally, there has been speculation that the bank could be a takeover target for larger rivals, which would likely lead to an increase in value for shareholders. With this in mind, investors will be keeping a close eye on the bank’s progress and reactions in the coming weeks.