Boston Private Financial (BPFH) Misses Q3 EPS by 1c

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Boston Private Financial Holdings, Inc. Reports Third Quarter 2017 Results

October 18, 2017 4:05 PM EDT

Third Quarter Highlights:

Total Revenue increased 8% year-over-year driven by a 14% increase in Net Interest Income and a 3% increase in Total Core Fees and Income. Average Total Deposits increased 8% year-over-year to $6.4 billion, and Average Total Loans increased 10% year-over-year to $6.4 billion. Total Assets Under Management/Advisory (AUM) increased 8% year-over-year to $29.8 billion. Annualized Return on Average Common Equity for the quarter was 9.9% and annualized Return on Average Tangible Common Equity for the quarter was 13.2%.

BOSTON--(BUSINESS WIRE)-- Boston Private Financial Holdings, Inc. (NASDAQ:... More