Pacific Premier Bank Ranked as the Ninth Best Bank in America by Forbes
February 22 2023 - 8:59AM
Business Wire
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 today
that the Company was ranked #9 on the 2023 Forbes’ list of
“America’s Best Banks.” The prestigious list by Forbes evaluates
the 100 largest publicly-traded banks and thrifts based on their
revenue growth, credit quality, and profitability, excluding banks
where the top-level parent company is based outside the U.S. The
metrics used in the rankings are based on public filings through
September 30, 2022. The company was ranked #3 on Forbes’ list in
2022 and 2020.
“We are pleased to be named as one of America’s Best Banks by
Forbes, ranking in the top ten for the third time in the last four
years,” said Steve Gardner, Chairman, Chief Executive Officer, and
President of Pacific Premier. “Despite new challenges presented by
the operating environment in 2022, we delivered another year of
strong financial performance, which is a testament to the hard work
of our employees, the resiliency of our diversified business model,
and our prudent approach to risk management. As we enter 2023, we
are focused on leveraging technology to drive new business
development, strengthening our client relationships, continuing to
invest in our employees, and supporting our communities.”
About Pacific Premier Bancorp, Inc.
Pacific Premier Bancorp, Inc. (Nasdaq: PPBI) is the parent
company of Pacific Premier Bank, a California-based commercial bank
focused on serving small, middle-market, and corporate businesses
throughout the western United States in major metropolitan markets
in California, Washington, Arizona, and Nevada. Founded in 1983,
Pacific Premier Bank has grown to become one of the largest banks
headquartered in the western region of the United States, with
approximately $22 billion in total assets. Pacific Premier Bank
provides banking products and services, including deposit accounts,
digital banking, and treasury management services, to businesses,
professionals, entrepreneurs, real estate investors, and nonprofit
organizations. Pacific Premier Bank also offers a wide array of
loan products, such as commercial business loans, lines of credit,
SBA loans, commercial real estate loans, agribusiness loans,
franchise lending, home equity lines of credit, and construction
loans. Pacific Premier Bank offers commercial escrow services and
facilitates 1031 Exchange transactions through its Commerce Escrow
division. Pacific Premier Bank offers clients IRA custodial
services through its Pacific Premier Trust division, which has
approximately $17 billion of assets under custody and approximately
39,000 client accounts comprised of self-directed investors,
financial institutions, capital syndicators, and financial
advisors. Additionally, Pacific Premier Bank provides nationwide
customized banking solutions to Homeowners’ Associations and
Property Management companies. Pacific Premier Bank is an Equal
Housing Lender and Member FDIC. For additional information about
Pacific Premier Bancorp, Inc. and Pacific Premier Bank, visit our
website: www.ppbi.com.
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Pacific Premier Bancorp, Inc.
Steven R. Gardner Chairman, Chief Executive Officer and
President 949-864-8000
Ronald J. Nicolas, Jr. Senior Executive Vice President and Chief
Financial Officer 949-864-8000
Matthew J. Lazzaro Senior Vice President, Director of Investor
Relations 949-243-1082
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