Boston Private Financial (BPFH) Misses Q3 EPS by 4c

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Go back to Boston Private Financial (BPFH) Misses Q3 EPS by 4c

Boston Private Financial Holdings, Inc. Reports Third Quarter 2015 GAAP EPS of $0.16

October 21, 2015 4:05 PM EDT

Third Quarter Highlights:

Revenue Growth: Total Revenue increased 9% year-over-year and was down 2% on a linked quarter basis at $85.9 million. Year-over-year, Net Interest Income and Core Fees were up $1.7 million and $5.9 million, respectively. On a linked quarter basis, a $1.4 million increase in Net Interest Income was offset by a $0.9 million decline in Core Fees and a $2.3 million reduction in Other Income. Deposit and Loan Growth: Average Total Deposits increased 10% year-over-year to $5.7 billion. On a linked quarter basis, Average Total Deposits increased 7%, while Average Total Loans grew 7% year-over-year and... More