PPBI Overview

NASDAQ 100 After Hours Performance

• Current Indicator: The NASDAQ 100 After Hours Indicator is down by 7.17 points, settling at 23,408.25.
• Trading Volume: A total of 173,977,891 shares have been traded in the after-hours session.

Most Active Stocks

• Elanco Animal Health (ELAN): The stock remains unchanged at $18.35 with a trading volume of 22,912,351 shares. The earnings forecast for the fiscal quarter ending June 2026 has seen 4 upward revisions, with a consensus EPS forecast of $0.30. The current recommendation is in the "buy range."

• NVIDIA Corporation (NVDA): The stock is down by 0.1303 to $174.05, with 6,348,499 shares traded. It has also had 4 upward revisions for the earnings forecast for the fiscal quarter ending October 2025, with a consensus EPS forecast of $1.12. The recommendation remains in the "buy range."

• Alphabet Inc. (GOOG): The stock is down by 0.1 to $213.43, with 5,238,602 shares traded, following a 52-week high in the regular session.

• Pacific Premier Bancorp Inc (PPBI): The stock is up by 0.22 to $24.71, with 5,082,734 shares traded. Its last sale is 98.84% of the target price of $25.

• Sarepta Therapeutics, Inc. (SRPT): The stock is down by 0.05 to $18.15, with 4,891,937 shares traded. Its last sale is 95.53% of the target price of $19.

• Columbia Banking System, Inc. (COLB): The stock is up by 0.12 to $26.89, with 4,750,632 shares traded. Its last sale is 99.59% of the target price of $27.

• Microsoft Corporation (MSFT): The stock is down by 0.0101 to $506.68, with 4,009,598 shares traded. It has had 10 upward revisions for the earnings forecast for the fiscal quarter ending September 2025, with a consensus EPS forecast of $3.65. The recommendation is in the "buy range."

• Snap Inc. (SNAP): The stock is up by 0.0198 to $7.16, with 3,682,014 shares traded. It has had 3 upward revisions for the earnings forecast for the fiscal quarter ending September 2025, with a consensus EPS forecast of -$0.10. Its last sale is 79.55% of the target price of $9.

• Kinder Morgan, Inc. (KMI): The stock remains unchanged at $26.98, with 2,685,938 shares traded. Its last sale is 84.31% of the target price of $32.

• Exxon Mobil Corporation (XOM): The stock is down by 0.09 to $114.20, with 2,186,537 shares traded. It has had 4 upward revisions for the earnings forecast for the fiscal quarter ending September 2025, with a consensus EPS forecast of $1.71. The recommendation is in the "buy range."

• NextEra Energy, Inc. (NEE): The stock is down by 0.25 to $71.80, with 1,942,179 shares traded. The recommendation is in the "buy range."

• Pfizer, Inc. (PFE): The stock is up by 0.0091 to $24.77, with 1,937,924 shares traded. Its last sale is 88.46% of the target price of $28.

Conclusion

• The after-hours trading session reflects a mix of performance among major stocks, with several companies experiencing upward revisions in their earnings forecasts, indicating positive market sentiment. The overall trading volume suggests active investor engagement during this period.

• S&P 500 Changes: Interactive Brokers Group Inc. will replace Walgreens Boots Alliance Inc. in the S&P 500 effective August 28.

• Acquisition of Walgreens: Sycamore Partners is acquiring Walgreens Boots Alliance, with the deal expected to finalize soon.

• S&P SmallCap 600 Update: Kinetik Holdings Inc. will take the place of Pacific Premier Bancorp Inc. in the S&P SmallCap 600 on September 2.

• Columbia Banking System Acquisition: Columbia Banking System Inc. is acquiring Pacific Premier Bancorp, pending final closing conditions.

• S&P 500 Index Update: Interactive Brokers will be added to the S&P 500 Index on Thursday, replacing Walgreens Boots Alliance, which is going private in a deal with Sycamore Partners.

• Stock Performance: Following the announcement, Interactive Brokers shares rose nearly 5% and have doubled over the past year, while Robinhood Markets shares saw a slight decline despite significant gains this year.

• MidCap and SmallCap Changes: Talen Energy will replace Interactive Brokers in the S&P MidCap 400, with its stock benefiting from increased power demand; Kinetik Holdings will take over Pacific Premier Bancorp's spot in the S&P SmallCap 600.

• Market Trends: The changes reflect ongoing trends in the market, including the impact of electrification and artificial intelligence on energy demand.

• Stock Performance Overview: PPBI's stock has a 52-week low of $18.06 and a high of $30.28, with the last trade recorded at $23.56.

• Disclaimer on Opinions: The views expressed in the article are solely those of the author and do not necessarily represent Nasdaq, Inc.

• Regulatory Approval for Merger: Columbia Banking System, Inc. has received all necessary regulatory approvals to acquire Pacific Premier Bancorp, with the transaction expected to close around August 31, 2025, following customary closing conditions.

• Market Position and Integration Plans: The acquisition aims to strengthen Columbia's market leadership in the West and enhance service delivery, with both companies expressing confidence in a seamless integration process for customers and associates.

• Author's Perspective: The opinions shared in the article are solely those of the author and do not represent Nasdaq, Inc.
• Data Limitations: The information is based on data available up to October 2023.