Boston Private Financial Holdings (Boston Private Financial Holdings) Net Income : $55.0 Mil (TTM As of Mar. 2021)

View and export this data going back to 1994. Start your Free Trial

What is Boston Private Financial Holdings Net Income?

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax. Boston Private Financial Holdings's Net Income for the three months ended in Mar. 2021 was $10.7 Mil. Its Net Income for the trailing twelve months (TTM) ended in Mar. 2021 was $55.0 Mil.

Net Income is linked to the most popular Earnings per Share (Diluted) number. Boston Private Financial Holdings's Earnings per Share (Diluted) for the three months ended in Mar. 2021 was $0.13.

Boston Private Financial Holdings Net Income Historical Data

The historical data trend for Boston Private Financial Holdings's Net Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Boston Private Financial Holdings Net Income Chart

Boston Private Financial Holdings Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Net Income

Get a 7-Day Free Trial

71.63

40.59

80.38

80.03

45.15

Boston Private Financial Holdings Quarterly Data
	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Net Income	Get a 7-Day Free Trial															0.80	-3.30	22.68	24.97	10.65

Boston Private Financial Holdings Net Income Calculation

Net Income is the net profit that a company earns after deducting all costs and losses including cost of goods, SGA, DDA, interest expenses, non-recurring items and tax.

Net Income
= Revenue - Cost of Goods Sold - Selling, General, & Admin. Expense - Research & Development - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= EBITDA - Depreciation, Depletion and Amortization - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Operating Income - Interest Expense - Non Operating Income (NRI) - Tax Expense + Others
= Pre-Tax Income - Tax Expense + Others

Boston Private Financial Holdings's Net Income for the fiscal year that ended in Dec. 2020 is calculated as

	Net Income		(A: Dec. 2020 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	54.047	+	-8.888	+	0	+	-0.0060000000000002
=	45.2

Boston Private Financial Holdings's Net Income for the quarter that ended in Mar. 2021 is calculated as

	Net Income		(Q: Mar. 2021 )
=	Pre-Tax Income	+	Tax Provision	+	Net Income (Discontinued Operations)	+	Others
=	16.728	+	-6.076	+	0	+	-1.7763568394003E-15
=	10.7

Net Income for the trailing twelve months (TTM) ended in Mar. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $55.0 Mil.

Boston Private Financial Holdings (NAS:BPFH) Net Income Explanation

Net Income is the most widely cited number in reporting a company's profitability. It is linked to the most popular earnings-per-share (EPS) number through:

Boston Private Financial Holdings's Earnings per Share (Diluted) (EPS) for the quarter that ended in Mar. 2021 is calculated as

Earnings per Share (Diluted) (Q: Mar. 2021 )	=	(Net Income	-	Preferred Dividends)	/	Shares Outstanding (Diluted Average)
	=	(10.652	-	0)	/	83.934
	=	0.13

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

EPS is most useful for companies that have:

A predictable business
Consistent accounting methods
And few restructurings

The dividend paid to preferred stocks needs to be subtracted from the total net income in the calculation of EPS because common stock holders are not entitled to that part of the net income.

Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred Net Income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.

Boston Private Financial Holdings Net Income Related Terms

Thank you for viewing the detailed overview of Boston Private Financial Holdings's Net Income provided by GuruFocus.com. Please click on the following links to see related term pages.

Boston Private Financial Holdings (Boston Private Financial Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Boston Private Financial Holdings Inc (NAS:BPFH) » Definitions » Net Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Ten Post Office Square, Boston, MA, USA, 02109

Website

https://www.bostonprivate.com

Boston Private Financial Holdings Inc is a bank holding company. The company provides personal banking, wealth management, commercial banking, and asset management services to high net worth individuals, families, businesses, and institutions. It operates in two segments: Private Banking and Wealth Management & Trust. The company generates maximum revenue from the Private Banking segment. The private Banking segment operates primarily in three geographic markets: New England, Northern California, and Southern California.

Executives

Lizabeth H Zlatkus	director	ONE HARTFORD PLAZA, HARTFORD CT 06155
James Cannon Brown	officer: EVP	24 NORTH STREET, PITTSFIELD MA 01201
Maura Almy	officer: EVP	BOSTON PRIVATE FINANCIAL HOLDINGS, INC. TEN POST OFFICE SQUARE BOSTON MA 02109
W. Timothy Macdonald	officer: EVP, Chief Risk Officer	BOSTON PRIVATE FINANCIAL HOLDINGS, INC. TEN POST OFFICE SQUARE BOSTON MA 02109
Kimberly S Stevenson	director	199 FREMONT STREET, 7TH FLOOR, SAN FRANCISCO CA 94105
Luis A Ubinas	director	209 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065-1175
Gloria C Larson	director	UNUM GROUP, 1 FOUNTAIN SQUARE, CHATTANOOGA TN 37402
Stephen M Waters	director	TEN POST OFFICE SQUARE, BOSTON MA 02109
Joseph C Guyaux	director	249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222
Mark F Furlong	director	770 M WATER ST, MILWAUKEE WI 53202
Deborah F Kuenstner	director	C/O PUTNAM LLC, ONE POST OFFICE SQUARE L5, BOSTON MA 02109
William I Woodson	officer: EVP	BOSTON PRIVATE FINANCIAL HOLDINGS, INC. TEN POST OFFICE SQUARE BOSTON MA 02109
Steven M Gaven	officer: EVP, Chief Financial Officer	BOSTON PRIVATE TEN POST OFFICE SQUARE BOSTON MA 02109
Christopher A Cooper	officer: SVP, Assistant General Counsel	BOSTON PRIVATE FINANCIAL HOLDINGS, INC. TEN POST OFFICE SQUARE BOSTON MA 02109
Joy Enos	officer: EVP, Chief HR Officer	BOSTON PRIVATE TEN POST OFFICE SQUARE BOSTON MA 02109