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Boston Private Financial: 4Q Earnings Snapshot

BOSTON (AP) _ Boston Private Financial Holdings Inc. (BPFH) on Wednesday reported fourth-quarter profit of $21.2 million.

The bank, based in Boston, said it had earnings of 26 cents per share.

The bank holding company posted revenue of $102.1 million in the period. Its revenue net of interest expense was $82.9 million, exceeding Street forecasts.

For the year, the company reported profit of $81.2 million, or 97 cents per share. Revenue was reported as $329.6 million.

Boston Private Financial shares have risen 2.5% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $12.34, a climb of slightly more than 7% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on BPFH at https://www.zacks.com/ap/BPFH