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Boston Private Financial Holdings (Boston Private Financial Holdings) Property, Plant and Equipment : $134.9 Mil (As of Mar. 2021)


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What is Boston Private Financial Holdings Property, Plant and Equipment?

Boston Private Financial Holdings's quarterly net PPE increased from Sep. 2020 ($137.8 Mil) to Dec. 2020 ($141.9 Mil) but then declined from Dec. 2020 ($141.9 Mil) to Mar. 2021 ($134.9 Mil).

Boston Private Financial Holdings's annual net PPE increased from Dec. 2018 ($45.4 Mil) to Dec. 2019 ($146.6 Mil) but then declined from Dec. 2019 ($146.6 Mil) to Dec. 2020 ($141.9 Mil).


Boston Private Financial Holdings Property, Plant and Equipment Historical Data

The historical data trend for Boston Private Financial Holdings's Property, Plant and Equipment 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 Property, Plant and Equipment Chart

Boston Private Financial Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Property, Plant and Equipment
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.83 37.64 45.41 146.60 141.95

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
Property, Plant and Equipment Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 142.44 137.95 137.79 141.95 134.86

Boston Private Financial Holdings Property, Plant and Equipment Calculation

Property, Plant and Equipment (PPE) are the fixed assets of the companyFixed assets are also known as non-current assets.

Property, plant, and equipment includes assets that will - in the normal course of business - neither be used up in the next year nor will become a part of any product sold to customers.

Some of the most common parts of property, plant, and equipment are:


Land
Buildings (and leasehold improvements)
Transportation equipment
Manufacturing equipment
Office equipment
Office furniture

Companies with lots of property, plant, and equipment often have special categories. For example, railroad property includes:


Track
Ties
Ballast
Bridges
Tunnels
Signals
Locomotives
Freight Cars

There is often a note in the financial statements - found in a company's 10-K - that will explain the different categories of property a company owns.

The market value of property, plant, and equipment can differ tremendously from the book value of property, plant, and equipment.

For example, when Berkshire Hathaway liquidated its textile mills, it had to pay the buyers of the company's manufacturing equipment to haul the equipment away. That property, plant, and equipment was literally worth less than zero. On the other hand, some companies own thousands of acres of land.

All property, plant, and equipment other than land is depreciated. Land is never depreciated. However, land is not marked up to market value either. Under Generally Accepted Accounting Principles (GAAP), land is shown on the balance sheet at cost.

The property, plant, and equipment line shown on the balance sheet is usually net property, plant, and equipment. This means it is the cost of the property, plant, and equipment less accumulated depreciation.


Boston Private Financial Holdings  (NAS:BPFH) Property, Plant and Equipment Explanation

A company with durable competitive advantage doesn't need to constantly upgrade its equipment to stay competitive. The company replaces when it wears out. On the other hand, a company without any advantages must replace to keep pace.

Difference between a company with a moat and one without is that the company with the competitive advantage finances new equipment through internal cash flows, whereas the no advantage company requires debt to finance.

Producing a consistent product that doesn't change equates to consistent profits. There is no need to upgrade plants which frees up cash for other ventures. Think Coca Cola, Johnson & Johnson etc.


Boston Private Financial Holdings Property, Plant and Equipment Related Terms

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

Traded in Other Exchanges
N/A
Address
Ten Post Office Square, Boston, MA, USA, 02109
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

Boston Private Financial Holdings (Boston Private Financial Holdings) Headlines