Boston Private Financial (BPFH) Tops Q4 EPS by 3c
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Boston Private Reports Fourth Quarter and Full Year 2019 Results
January 22, 2020 4:15 PM ESTFourth Quarter 2019 Highlights include:
GAAP Net income was $21.2 million, or $0.26 per diluted share, and operating net income was $20.5 million, or $0.25 per diluted share Return on average common equity (non-GAAP) was 10.3%; operating return on average common equity was 9.9% Return on average tangible common equity (non-GAAP) was 11.5%; operating return on average tangible common equity was 11.1% Average total deposits were $7.0 billion, a 1% increase year-over-year Average total loans were $7.1 billion, a 4% increase year-over-year Total assets under management/advisory (AUM) were $16.8 billion, a 5% increase year-over-year Total net flows were negative $209 million, of which... More