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Boston Private Financial Holdings (Boston Private Financial Holdings) ROA % : 0.41% (As of Mar. 2021)


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What is Boston Private Financial Holdings ROA %?

ROA % is calculated as Net Income divided by its average Total Assets over a certain period of time. Boston Private Financial Holdings's annualized Net Income for the quarter that ended in Mar. 2021 was $42.6 Mil. Boston Private Financial Holdings's average Total Assets over the quarter that ended in Mar. 2021 was $10,293.6 Mil. Therefore, Boston Private Financial Holdings's annualized ROA % for the quarter that ended in Mar. 2021 was 0.41%.

The historical rank and industry rank for Boston Private Financial Holdings's ROA % or its related term are showing as below:

BPFH' s ROA % Range Over the Past 10 Years
Min: 0.46   Med: 0.94   Max: 1.09
Current: 0.56

During the past 13 years, Boston Private Financial Holdings's highest ROA % was 1.09%. The lowest was 0.46%. And the median was 0.94%.

BPFH's ROA % is not ranked
in the Banks industry.
Industry Median: 0.9 vs BPFH: 0.56

Boston Private Financial Holdings ROA % Historical Data

The historical data trend for Boston Private Financial Holdings's ROA % 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 ROA % Chart

Boston Private Financial Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
ROA %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.50 0.96 0.92 0.48

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
ROA % 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 0.04 -0.15 0.98 1.03 0.41

Competitive Comparison of Boston Private Financial Holdings's ROA %

For the Banks - Regional subindustry, Boston Private Financial Holdings's ROA %, along with its competitors' market caps and ROA % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Boston Private Financial Holdings's ROA % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Boston Private Financial Holdings's ROA % distribution charts can be found below:

* The bar in red indicates where Boston Private Financial Holdings's ROA % falls into.



Boston Private Financial Holdings ROA % Calculation

Boston Private Financial Holdings's annualized ROA % for the fiscal year that ended in Dec. 2020 is calculated as:

ROA %=Net Income (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=45.153/( (8830.501+10048.733)/ 2 )
=45.153/9439.617
=0.48 %

Boston Private Financial Holdings's annualized ROA % for the quarter that ended in Mar. 2021 is calculated as:

ROA %=Net Income (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=42.608/( (10048.733+10538.492)/ 2 )
=42.608/10293.6125
=0.41 %

* 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.

In the calculation of annual ROA %, the net income of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Net Income data used here is four times the quarterly (Mar. 2021) net income data. ROA % is displayed in the 30-year financial page.


Boston Private Financial Holdings  (NAS:BPFH) ROA % Explanation

ROA % measures the rate of return on the total assets (shareholder equity plus liabilities). It measures a firm's efficiency at generating profits from shareholders' equity plus its liabilities. ROA % shows how well a company uses what it has to generate earnings. ROA %s can vary drastically across industries. Therefore, ROA % should not be used to compare companies in different industries. For retailers, a ROA % of higher than 5% is expected. For example, Wal-Mart (WMT) has a ROA % of about 8% as of 2012. For banks, ROA % is close to their interest spread. A bank’s ROA % is typically well under 2%.

Similar to ROE, ROA % is affected by profit margins and asset turnover. This can be seen from the Du Pont Formula:

ROA %(Q: Mar. 2021 )
=Net Income/Total Assets
=42.608/10293.6125
=(Net Income / Revenue)*(Revenue / Total Assets)
=(42.608 / 342.588)*(342.588 / 10293.6125)
=Net Margin %*Asset Turnover
=12.44 %*0.0333
=0.41 %

Note: The Net Income data used here is four times the quarterly (Mar. 2021) net income data. The Revenue data used here is four times the quarterly (Mar. 2021) revenue data.

* 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.


Be Aware

Like ROE, ROA % is calculated with only 12 months data. Fluctuations in the company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. ROA % can be affected by events such as stock buyback or issuance, and by goodwill, a company's tax rate and its interest payment. ROA % may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).

Many analysts argue the higher return the better. Buffett states that really high ROA % may indicate vulnerability in the durability of the competitive advantage.

E.g. Raising $43b to take on KO is impossible, but $1.7b to take on Moody's is. Although Moody's ROA % and underlying economics is far superior to Coca Cola, the durability is far weaker because of lower entry cost.


Boston Private Financial Holdings ROA % Related Terms

Thank you for viewing the detailed overview of Boston Private Financial Holdings's ROA % 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

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

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