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Monday, November 18, 2013

BRIEF-Pacific Premier Bancorp acquires Infinity Franchise Holdings, (NASDAQ: PPBI), (NASDAQ: TBBK)

Pacific Premier Bancorp Inc : * Acquires infinity franchise holdings, llc * Says equity purchase price is estimated to be approximately $16 million * Deal expected to be accretive to ppbi's 2014 earnings per share and to generate an internal rate of return in excess of 20% * Source text for Eikon * Further company coverage

Pacific Premier Bancorp, Inc. is a holding company for Pacific Premier Bank (Bank). Shares of PPBI remained unchanged at $13.97. In the past year, the shares have traded as low as $9.85 and as high as $14.20. On average, 51377 shares of PPBI exchange hands on a given day and today's volume is recorded at 0.

The Bancorp, Inc. is a financial holding company with a wholly owned subsidiary, The Bancorp Bank (the Bank). Shares of TBBK remained unchanged at $17.86. In the past year, the shares have traded as low as $10.39 and as high as $19.14. On average, 197346 shares of TBBK exchange hands on a given day and today's volume is recorded at 0.



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