Boston Private Financial (BPFH) Misses Q2 EPS by 5c

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Go back to Boston Private Financial (BPFH) Misses Q2 EPS by 5c

Boston Private Financial Holdings, Inc. Reports Second Quarter 2018 Results

July 18, 2018 4:15 PM EDT

Second Quarter 2018 Highlights include:

GAAP net income was $6.4 million or $0.06 per diluted share, and operating net income was $19.1 million or $0.21 per diluted share Notable items: Income tax expense of $12.7 million or $0.15 per share attributable to the divestiture of Anchor Capital Advisors LLC (Anchor), which closed on April 13, 2018 Operating return on average common equity was 10.0% Operating return on average tangible common equity was 11.9% Average total deposits were $6.3 billion, a 2% decrease year-over-year Average total loans were $6.7 billion, a 7% increase year-over-year... More