KBRA Releases Surveillance Report for Pacific Premier Bancorp, Inc.

On May 31, 2024, KBRA affirmed the senior unsecured debt rating of BBB+, the subordinated debt rating of BBB, and the short-term debt rating of K2 for Irvine, California based Pacific Premier Bancorp, Inc. (NASDAQ: PPBI). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A-, the subordinated debt rating of BBB+, and the short-term deposit and debt ratings of K2 for Pacific Premier Bank, the lead subsidiary. The Outlook for all long-term ratings was revised to Positive from Stable.

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