Pacific Premier Bancorp (PPBI) reported Q1 earnings late Wednesday of $0.37 per diluted share, down from $0.49 a year earlier.

Analysts polled by FactSet expected $0.31.

Revenue for the quarter ended March 31, expressed as the sum of net interest income and noninterest income, was $144.8 million, compared with $170.9 million a year earlier.

Four analysts surveyed by FactSet expected $143.2 million.