Pacific Premier Bancorp, Inc., founded in 2000 and headquartered in Irvine, California, is a prominent financial institution focused on providing a wide range of banking and financial services primarily to small and medium-sized businesses, as well as retail customers. The company operates through its wholly-owned subsidiary, Pacific Premier Bank, which offers services such as commercial lending, deposit products, and treasury management solutions.
| Bond Name | Country | Maturity | Coupon(%) | |
|---|---|---|---|---|
| PPBI 4.88% 2029-05-15 USDPacific Premier Bancorp, Inc. | United States | 2029-05-15 | 4.875 | 5.75 |
| PPBI 5.38% 2030-06-15 USDPacific Premier Bancorp, Inc. | United States | 2030-06-15 | 5.375 | 8.50 |
Company overview and issue history are AI generated, and should not be cited or relied on without verification.
Pacific Premier Bancorp began issuing bonds in the early 2010s, primarily to support its growth and acquisitions. Notably, in 2020, the company issued $100 million in senior notes, bolstering its capital position amid economic uncertainties caused by the pandemic. As of late 2023, the company's bond yields are competitive within the industry, reflecting its strong credit profile and low default risk, while its bonds include features such as call options, allowing for strategic refinancing opportunities.