Boston Private Financial (BPFH) Tops Q2 EPS by 1c
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Boston Private Financial Holdings, Inc. Reports Second Quarter 2015 GAAP EPS of $0.20
July 15, 2015 4:05 PM EDTSecond Quarter Highlights:
Revenue Growth: Total Revenue increased 9% year-over-year and was flat on a linked quarter basis at $87.7 million. The year-over-year increase was driven by the acquisition of Banyan Partners LLC and organic growth. Deposit and Loan Growth: Average Total Deposits increased 6% year-over-year to $5.4 billion. On a linked quarter basis, Average Total Deposits decreased 1%, while Average Total Loans grew 4% year-over-year and 1% linked quarter. The Average Loan-to-Deposit ratio was 99% at the end of the second quarter, down from 102% in the second quarter of 2014.... More