Boston Private Financial (BPFH) Tops Q3 EPS by 2c
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Boston Private Financial Holdings, Inc. Reports Third Quarter 2018 Results
October 17, 2018 4:15 PM EDTThird Quarter 2018 Highlights include:
GAAP net income was $18.0 million or $0.20 per diluted share, and operating net income was $22.5 million or $0.25 per diluted share Operating return on average common equity was 12.1% Operating return on average tangible common equity was 14.2% Average total deposits were $6.7 billion, a 5% increase year-over-year Average total loans were $6.7 billion, a 6% increase year-over-year Total assets under management/advisory (AUM) were $22.4 billion and total net flows were positive $342 million Restructuring expense of $5.8 million expected to... More