Wikipedia:Articles for deletion/Pacific Premier Bancorp


 * The following discussion is an archived debate of the proposed deletion of the article below. Please do not modify it. Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review).  No further edits should be made to this page.

The result was keep with a caveat that the article probably should focus more on the bank and not the holding company. SoWhy 18:32, 6 July 2018 (UTC)

Pacific Premier Bancorp

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Non-notable company. Just another run of the mill local bank. Google searches turn up the usual stock listings (Reuters, Bloomberg, Yahoo, etc.) and GNews turns up a bunch of buy/sell/hold recommendations, but nothing significant. WikiDan61 ChatMe!ReadMe!! 20:39, 13 June 2018 (UTC)
 * Note: This discussion has been included in the list of Companies-related deletion discussions.  WikiDan61 ChatMe!ReadMe!! 21:04, 13 June 2018 (UTC)
 * Note: This discussion has been included in the list of California-related deletion discussions.  WikiDan61 ChatMe!ReadMe!! 21:04, 13 June 2018 (UTC)


 * Speedy keep since the nominator misrepresents the article topic. Bank is NASDAQ WP:LISTED and part of the S&P 600. Clearly notable per WP:LISTED. Of course there are buy sell hold recommendations because various independent analysts who track the company. That further proves notability. Legacypac (talk) 22:15, 13 June 2018 (UTC)
 * Comment the S&P 600 contains (roughly) companies 901-1500 on the NYSE/NASDAQ. While I assume most of them are notable, I'm not immediately ready to agree that all of them are (as would being on the S&P 500). power~enwiki ( π,  ν ) 03:56, 14 June 2018 (UTC)
 * Comment WP:LISTED states explicitly: Consensus has been that notability is not automatic in this (or any other) case. I.e. just being listed is not a sufficient argument to keep the article. It does go on to say that for most listed companies, notability can usually be established by finding other reliable significant sources, but not always. If anyone can provide the sources for this article, I'm happy to change my opinion, but until I see them, I don't assume they exist. WikiDan61 ChatMe!ReadMe!! 12:44, 14 June 2018 (UTC)

 Relisted to generate a more thorough discussion and clearer consensus.
 * Comment I can't find much of anything other than acquisition reports. Press releases such as  are of no help.  That might be unavoidable for bank articles; U.S. Bancorp and San Diego County Credit Union do very little beyond that, and Fifth Third Bank gets a "Controversies" section.  power~enwiki ( π,  ν ) 04:48, 14 June 2018 (UTC)

Please add new comments below this notice. Thanks, The editor  whose username is Z0  11:57, 20 June 2018 (UTC)  Relisted to generate a more thorough discussion and clearer consensus.
 * Delete-Per Power's and Wikidan's persuasive reasoning. LPac's vote seems to be likely devoid of much/any merit. &#x222F; WBG converse 13:17, 28 June 2018 (UTC)

Please add new comments below this notice. Thanks,  Sandstein   18:24, 28 June 2018 (UTC)
 * Delete per nomination. Holding companies exist for principally legal and tax purposes, and for this reason they are rarely independently notable. There are exceptions! -The Gnome (talk) 22:51, 28 June 2018 (UTC)
 * Comment Pacific Premier Bank redirects here. Individual retail banking locations simply aren't discussed very frequently, though the "enterprise value" is a lot higher than a similarly-sized fast-food chain. power~enwiki ( π,  ν ) 18:12, 4 July 2018 (UTC)

<li>Keep per the significant coverage in multiple independent reliable sources. From Notability (organizations and companies) (my bolding): "There has been considerable discussion over time whether publicly traded corporations, or at least publicly traded corporations listed on major stock exchanges such as the NYSE and other comparable international stock exchanges, are inherently notable. Consensus has been that notability is not automatic in this (or any other) case. However, sufficient independent sources almost always exist for such companies, so that notability can be established using the primary criterion discussed above. Examples of such sources include independent press coverage and analyst reports. Accordingly, article authors should make sure to seek out such coverage and add references to such articles to properly establish notability." Analyst reports  This 28 September 2015 articlearchive.is from StreetInsider about a Piper Jaffray analyst report notes: "Piper Jaffray initiates coverage on Pacific Premier Bancorp (NASDAQ: PPBI) with a Overweight rating and a price target of $25.00. Analyst Matthew Clark commented, 'We initiate coverage of PPBI with an Overweight rating and $25 target based on double-digit growth prospects and operating leverage that should allow EPS to grow by 12-25% annually through 2017. The end result should be a relatively stable margin, a diverse mix on both sides of the balance sheet, and an increasingly attractive Southern California franchise. A disciplined approach to acquisitions should also help Pacific Premier supplement its strong loan growth and leverage its current expense base.'" This 1 May 2018 articlearchive.is from StreetInsider about a Piper Jaffray analyst report notes: "Piper Jaffray lowered its price target on Pacific Premier Bancorp (NASDAQ: PPBI) to $50.00 (from $55.00) while maintaining a Overweight rating. Analyst Matt Clark continues to like the company citing the double-digit earnings growth potential, industry leading profitability, disciplined M&A strategy and scarcity value that is being in southern California according to a late day research note. The analyst cuts his price target on lowered EPS estimates."This 1 May 2017 articlearchive.is from StreetInsider about an FBR Capital Markets analyst report notes: "FBR Capital upgraded Pacific Premier Bancorp (NASDAQ: PPBI) from Market Perform to Outperform with a price target of $44.00 (from $40.00). Analyst Bob Ramsey noted the company posted annualized organic loan growth of 18% and is growing EPS north of 20%. In addition, it has a well-diversified loan book, strong core deposit base, and good profitability, the analyst said." This 26 July 2017archive.is article from StreetInsider about a Stephens Inc. analyst report notes: "Stephens downgraded Pacific Premier Bancorp (NASDAQ: PPBI) from Overweight to Equal Weight. Analyst Tyler Stafford cites the valuation, softness in EPS and low visibility for the downgrades."

Some of the analyst reports mentioned above are listed at https://www.marketbeat.com/stocks/NASDAQ/PPBI/price-target/ under a paywallWebCite:

The analyst reports are sufficient to establish notability per Notability (organizations and companies).

Sources about acquisitions

Here are more sources about the acquisitions that I am not using to establish notability but am including here so interested editors can use them to source and expand the article:<ol> <li> The article notes: "Irvine-based Pacific Premier Bancorp has signed an agreement to acquire the holding company of Riverside’s Security Bank of California, along with its branches in Riverside, Orange and San Bernardino counties. ... Acquiring Security Bank, with $734 million in total assets and $654 million in total deposits as of Aug. 31, will drive Pacific Premier’s total assets to $3.4 billion, its total loans outstanding to $2.6 billion and its total deposits to $2.8 billion."</li> <li> The article notes: "Pacific Premier Bancorp Inc. of Irvine announced Wednesday it has agreed to buy Newport Beach-based Independence Bank for $71.5 million. Independence, a community bank, had $426.2 million in total assets as of Sept. 30 and six branches in Orange and Riverside Counties. Pacific Premier Bancorp, the holding company for Pacific Premier Bank, had $2 billion in assets at the end of the same period. One of the largest banks based in Orange County, Pacific Premier is a business bank with 13 branches spread through much of Southern California."</li> <li> The article notes: "Bank of Tucson will soon have a new owner and its name will disappear as its parent company, Los Angeles-based Grandpoint Bank, is acquired by a California bank holding company. In a deal expected to close July 1, Pacific Premier Bancorp, a publicly traded company based in Irvine, California, is buying Grandpoint Bank’s parent company, Grandpoint Capital Inc., in a stock transaction worth $641 million. ... Pacific Premier has about $8 billion in assets, with more than 30 offices in California and one in Las Vegas."</li> </ol>There is sufficient coverage in reliable sources to allow Pacific Premier Bancorp to pass Notability, which requires "significant coverage in reliable sources that are independent of the subject". Cunard (talk) 04:35, 5 July 2018 (UTC) </li></ul>
 * Keep. The holding company angle is irrelevant, as we don't have an article on the bank. The publicly traded entity is the holding company (which just holds the bank) - if we were to have an article on both, I would've swung for a merge (as this is not Alphabet Inc. size turf). The company in question has a market cap of 1.75 Billion - which is not huge, but not tiny either. Looking at coverage - it is, as a public entity for many years (and as a bank), covered by analysts for several years - both in analyst reports (which then get regurgiatated by the media) and in directories of public companies such as .Icewhiz (talk) 10:17, 5 July 2018 (UTC)
 * Keep notable and old corporation. Dial911 (talk) 15:50, 6 July 2018 (UTC)


 * The above discussion is preserved as an archive of the debate. <b style="color:red">Please do not modify it.</b> Subsequent comments should be made on the appropriate discussion page (such as the article's talk page or in a deletion review). No further edits should be made to this page.