Steven Gardner - Pacific Premier CEO

PPBI Stock  USD 22.74  0.14  0.62%   

CEO

Mr. Steven R. Gardner is Chairman of the Board, President, Chief Executive Officer of the Company. Mr. Gardner was the CEO and a director of the Bank since 2000, and also served as the Banks President from 2000 until 2016. Mr. Gardner became Chairman of the Board of the Company and the Bank in May 2016. Mr. Gardner has more than 30 years of experience as a commercial banking executive. He has extensive knowledge of all facets of financial institution management. Having completed 10 acquisitions of whole banks, specialty finance lines of business and FDIC failed banks, Mr. Gardner has significant experience in all areas of mergers and acquisitions as well as capital market transactions. Prior to joining the Company, Mr. Gardner was an executive officer of Hawthorne Financial Corporation since 1997, responsible for all credit administration and portfolio management. Prior to Hawthorn, Mr. Gardner served in senior management positions at both commercial banks and thrift institutions. Mr. Gardner has served in various highlevel roles in trade associations and organizations that serve the banking industry, including as a member of the Board of Directors of the Federal Reserve Bank of San Francisco since January 2013. Mr. Gardner formerly served on the Board of Directors of the Federal Home Loan Bank of San Francisco, and was the Chairman of the Finance Committee of the Federal Home Loan Bank of San Francisco. Mr. Gardner previously served as the Vice Chairman of the Federal Reserve Bank of San Franciscos Community Depository Institutions Advisory Council, as a director and a member of the Executive Committee of the Independent Community Bankers of America, and as a director of ICBA Holding Company and ICBA Securities, a registered brokerdealer since 2016.
Age 63
Tenure 8 years
Address 17901 Von Karman Avenue, Irvine, CA, United States, 92614
Phone949 864 8000
Webhttps://www.ppbi.com
Gardner holds a B.A. from California State University, Fullerton and attended graduate school at California State University, Long Beach.

Pacific Premier Management Efficiency

The Pacific Premier's current Return On Tangible Assets is estimated to increase to 0. The Pacific Premier's current Return On Capital Employed is estimated to increase to 0. As of now, Pacific Premier's Other Assets are increasing as compared to previous years. The Pacific Premier's current Total Current Assets is estimated to increase to about 1.8 B, while Intangible Assets are projected to decrease to under 33.7 M. Pacific Premier's management efficiency ratios could be used to measure how well Pacific Premier manages its routine affairs as well as how well it operates its assets and liabilities.
The company currently holds 978.96 M in liabilities with Debt to Equity (D/E) ratio of 8.33, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist Pacific Premier until it has trouble settling it off, either with new capital or with free cash flow. So, Pacific Premier's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Pacific Premier Bancorp sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Pacific to invest in growth at high rates of return. When we think about Pacific Premier's use of debt, we should always consider it together with cash and equity.

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CEO Age

John BordelonHome Bancorp
68
Pacific Premier Bancorp, Inc. operates as the bank holding company for Pacific Premier Bank that provides banking services to businesses, professionals, real estate investors, and non-profit organizations. Pacific Premier Bancorp, Inc. was founded in 1983 and is headquartered in Irvine, California. Pacific Premier operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 1520 people. Pacific Premier Bancorp (PPBI) is traded on NASDAQ Exchange in USA. It is located in 17901 Von Karman Avenue, Irvine, CA, United States, 92614 and employs 1,345 people. Pacific Premier is listed under Regional Banks category by Fama And French industry classification.

Management Performance

Pacific Premier Bancorp Leadership Team

Elected by the shareholders, the Pacific Premier's board of directors comprises two types of representatives: Pacific Premier inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Pacific. The board's role is to monitor Pacific Premier's management team and ensure that shareholders' interests are well served. Pacific Premier's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Pacific Premier's outside directors are responsible for providing unbiased perspectives on the board's policies.
Mark Whalen, Chief VP
Allen Nicholson, CFO, Executive VP, CFO of Pacific Premier Bank and Executive VP of Pacific Premier Bank
Kenneth Boudreau, Independent Director
Barbara Polsky, Director
Michael Pfau, Independent Director
Christian Mitchell, Independent Director
John Goddard, Independent Director
Steven Gardner, CEO and President Director, Member of Credit Committee, CEO of Pacific Premier Bank and President of Pacific Premier Bank and Director of Pacific Premier Bank
John Mangold, First Treasurer
Katherine Hage, VP Branch
Simone Lagomarsino, Independent Director
James Robinson, Senior Executive Vice President and Head of Commercial Banking of the Bank
Steven Arnold, Corporate Secretary
Cora Tellez, Independent Director
Steve Arnold, Senior Executive Vice President and General Counsel of the Bank,Corporate Secretary of the Company
Ayad Fargo, Independent Director
Ernest Hwang, Senior Executive Vice President and Chief Banking Officer of the Bank
Jeff Jones, Independent Chairman of the Board
Joseph Garrett, Independent Director
Matthew Lazzaro, Senior Relations
Lori CPA, Senior CFO
Thomas Rice, COO, Executive VP, COO of Pacific Premier Bank and Executive VP of Pacific Premier Bank
Michael Karr, Chief Credit Officer, Executive VP, Chairman of Credit Committee and Chairman of Credit and Investment Review Committee
Edward Wilcox, Chief Banking Officer, Sr. Executive VP, Chief Banking Officer of Pacific Premier Bank and Sr. Executive VP of Pacific Premier Bank
John Carona, Director
Lori Wright, Executive Vice President Chief Accounting Officer
Tamara MBA, Senior Trust
Donn Jakosky, Executive Vice President Chief Credit Officer
Ronald Nicolas, CFO, Senior Vice President
Jamie Robinson, Senior Executive Vice President and Head of Commercial Banking of the Bank
Teresa Dawson, Senior Executive Vice President and Chief Retail Banking Officer of the Bank
Jorge DazIrizarry, VP Branch
Christopher Porcelli, Executive Vice President Head of Real Estate and SBA of the Bank
Michael Morris, Independent Director
Michael McKennon, Independent Director
Zareh Sarrafian, Independent Director
Richard Immesberger, EVP Trust
John Rinaldi, Executive Vice President and President of Franchise Lending of the Bank
Jaynie Studenmund, Director

Pacific Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Pacific Premier a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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When determining whether Pacific Premier Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Pacific Premier's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Pacific Premier Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Pacific Premier Bancorp Stock:
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Pacific Premier Bancorp. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of labor statistics.
Note that the Pacific Premier Bancorp information on this page should be used as a complementary analysis to other Pacific Premier's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Portfolio Volatility module to check portfolio volatility and analyze historical return density to properly model market risk.

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When running Pacific Premier's price analysis, check to measure Pacific Premier's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Pacific Premier is operating at the current time. Most of Pacific Premier's value examination focuses on studying past and present price action to predict the probability of Pacific Premier's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Pacific Premier's price. Additionally, you may evaluate how the addition of Pacific Premier to your portfolios can decrease your overall portfolio volatility.
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Is Pacific Premier's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Pacific Premier. If investors know Pacific will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Pacific Premier listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.38)
Dividend Share
1.32
Earnings Share
0.31
Revenue Per Share
4.677
Quarterly Revenue Growth
(0.18)
The market value of Pacific Premier Bancorp is measured differently than its book value, which is the value of Pacific that is recorded on the company's balance sheet. Investors also form their own opinion of Pacific Premier's value that differs from its market value or its book value, called intrinsic value, which is Pacific Premier's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Pacific Premier's market value can be influenced by many factors that don't directly affect Pacific Premier's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Pacific Premier's value and its price as these two are different measures arrived at by different means. Investors typically determine if Pacific Premier is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Pacific Premier's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.