Pacific Premier Bank Ranked as the Third Best Bank in America by Forbes
IRVINE, Calif.–(BUSINESS WIRE)–$PPBI #PPBI–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 #3 on the Forbes’ list of “America’s Best Banks.” The prestigious list by Forbes’ evaluates the 100 largest publicly-traded banks and thrifts based on their growth, credit quality, and profitability, excluding banks where the top-level parent company is based outside the U.S. The ten metrics used in the rankings are based on regulatory filings through September 30, 2021.
“We are excited to again be recognized as one of America’s Best Banks by Forbes, ranking third for the second time in the last three years,” said Steve Gardner, Chairman, President, and Chief Executive Officer of Pacific Premier. “Our strong 2021 financial performance is reflective of our commercially-focused and diversified business model, the impact of our technology-driven growth strategy, and the strength of our culture centered on continuous improvement. As we navigate the current environment, we are focused on driving new business development, strengthening and deepening our client relationships, continuing to support our dedicated employees, and actively engaging with the communities we serve.”
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, Oregon, 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 $21 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 over $18 billion of assets under custody and approximately 45,000 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.
Contacts
Pacific Premier Bancorp, Inc.
Steven R. Gardner
Chairman, President and Chief Executive Officer
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
