New insider activity at Pacific Premier Bancorp ( (PPBI) ) has taken place on May 3, 2025.
President & COO Edward Earl Wilcox has sold 14,500 shares of Pacific Premier Bancorp stock, amounting to a total sale value of $294,060.
Recent Updates on PPBI stock
Pacific Premier Bancorp recently announced a merger agreement with Columbia Banking System, which will see Pacific Premier merge into Columbia, with Columbia as the surviving entity. This merger, approved by both companies’ boards, involves a stock exchange and cash compensation for Pacific Premier shareholders. Analysts have responded with mixed adjustments to price targets. Raymond James lowered Pacific Premier’s price target, citing the merger as a significant value unlock for shareholders that would have taken longer to achieve independently. RBC Capital also adjusted its model to reflect the merger, noting stable quarterly results but slightly lower loan balances and net interest income. The merger is seen as a positive step for Pacific Premier, offering a favorable risk-reward outlook, although there are concerns about execution risks due to Columbia’s recent acquisition history.
Spark’s Take on PPBI Stock
According to Spark, TipRanks’ AI Analyst, PPBI is a Neutral.
Pacific Premier Bancorp’s overall score of 67 reflects a solid financial performance with notable revenue growth and strong balance sheet. The valuation is attractive with a high dividend yield. While the earnings call was positive, technical analysis indicates bearish momentum, requiring cautious optimism. The merger with Columbia adds a positive outlook for the future.
To see Spark’s full report on PPBI stock, click here.
More about Pacific Premier Bancorp
YTD Price Performance: -15.49%
Average Trading Volume: 885,613
Technical Sentiment Signal: Buy
Current Market Cap: $2.02B