Investor Relations

Press Release

Boston Private Financial Holdings, Inc. Reports Second Quarter 2019 Results

Company Release - 7/24/2019 4:15 PM ET

Second Quarter 2019 Highlights include:

  • GAAP Net income was $19.4 million, or $0.22 per diluted share
  • Return on average common equity was 9.8%
  • Return on average tangible common equity was 11.1%
  • Average total loans were $7.0 billion, a 5% increase year-over-year
  • Average total deposits were $6.6 billion, a 4% increase year-over-year
  • Total assets under management/advisory (“AUM”) were $16.2 billion, a decrease of 4% year-over-year
  • Total net flows were negative $269 million, of which $127 million were attributable to the Wealth Management & Trust segment and $142 million were attributable to Affiliate Partners

BOSTON--(BUSINESS WIRE)-- Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (the “Company” or “BPFH”) today reported second quarter 2019 GAAP Net income attributable to the Company of $19.4 million, compared to $19.4 million for the first quarter of 2019 and $6.4 million for the second quarter of 2018. Second quarter 2019 GAAP Diluted earnings per