Boston Private Financial (BPFH) Misses Q4 EPS by 1c
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Boston Private Financial Holdings, Inc. Reports Fourth Quarter and Year End 2015 Results; Raises Dividend to $0.10 Per Share
January 27, 2016 4:05 PM ESTFourth Quarter and Full Year Highlights:
Deposit and Loan Growth: Average Total Deposits increased 8% year-over-year to $5.9 billion. On a linked quarter basis, Average Total Deposits increased 3%, while Average Total Loans grew 8% year-over-year and 2% linked quarter. The Average Loan-to-Deposit ratio was 95% at the end of the fourth quarter, flat year-over-year. Net Interest Income Growth: Net Interest Income increased 9% year-over-year and increased 4% linked quarter to $48.1 million. Assets Under Management: Total Assets Under Management/Advisory (AUM) decreased 8% year-over-year to $27.6 billion, reflecting negative net flows and... More