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Boston Private Financial Holdings (Boston Private Financial Holdings) Asset Turnover : 0.01 (As of Mar. 2021)


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What is Boston Private Financial Holdings Asset Turnover?

Asset Turnover measures how quickly a company turns over its asset through sales. It is calculated as Revenue divided by Total Assets. Boston Private Financial Holdings's Revenue for the three months ended in Mar. 2021 was $85.6 Mil. Boston Private Financial Holdings's Total Assets for the quarter that ended in Mar. 2021 was $10,293.6 Mil. Therefore, Boston Private Financial Holdings's Asset Turnover for the quarter that ended in Mar. 2021 was 0.01.

Asset Turnover is linked to ROE % through Du Pont Formula. Boston Private Financial Holdings's annualized ROE % for the quarter that ended in Mar. 2021 was 4.94%. It is also linked to ROA % through Du Pont Formula. Boston Private Financial Holdings's annualized ROA % for the quarter that ended in Mar. 2021 was 0.41%.


Boston Private Financial Holdings Asset Turnover Historical Data

The historical data trend for Boston Private Financial Holdings's Asset Turnover 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 Asset Turnover Chart

Boston Private Financial Holdings Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Asset Turnover
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.05 0.04 0.04 0.04

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
Asset Turnover 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Boston Private Financial Holdings's Asset Turnover

For the Banks - Regional subindustry, Boston Private Financial Holdings's Asset Turnover, along with its competitors' market caps and Asset Turnover 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 Asset Turnover Distribution in the Banks Industry

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

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



Boston Private Financial Holdings Asset Turnover Calculation

Asset Turnover measures how quickly a company turns over its asset through sales.

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (A: Dec. 2020 )/( (Total Assets (A: Dec. 2019 )+Total Assets (A: Dec. 2020 ))/ count )
=327.31/( (8830.501+10048.733)/ 2 )
=327.31/9439.617
=0.03

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

Asset Turnover
=Revenue/Average Total Assets
=Revenue (Q: Mar. 2021 )/( (Total Assets (Q: Dec. 2020 )+Total Assets (Q: Mar. 2021 ))/ count )
=85.647/( (10048.733+10538.492)/ 2 )
=85.647/10293.6125
=0.01

* 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.

Companies with low profit margins tend to have high Asset Turnover, while those with high profit margins have low Asset Turnover. Companies in the retail industry tend to have a very high turnover ratio.


Boston Private Financial Holdings  (NAS:BPFH) Asset Turnover Explanation

Asset Turnover is linked to ROE % through Du Pont Formula.

Boston Private Financial Holdings's annulized ROE % for the quarter that ended in Mar. 2021 is

ROE %**(Q: Mar. 2021 )
=Net Income/Total Stockholders Equity
=42.608/863.2155
=(Net Income / Revenue)*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(42.608 / 342.588)*(342.588 / 10293.6125)*(10293.6125/ 863.2155)
=Net Margin %*Asset Turnover*Equity Multiplier
=12.44 %*0.0333*11.9247
=ROA %*Equity Multiplier
=0.41 %*11.9247
=4.94 %

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.

** The ROE % used above is for Du Pont Analysis only. It is different from the defined ROE % page on our website, as here it uses Net Income instead of Net Income attributable to Common Stockholders in the calculation.

It is also linked to ROA % through Du Pont Formula:

Boston Private Financial Holdings's annulized ROA % for the quarter that ended in Mar. 2021 is

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

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Therefore, it is a good sign if a company's Asset Turnover is consistent or even increases. If a company's asset grows faster than sales, its Asset Turnover will decline, which can be a warning sign.


Boston Private Financial Holdings Asset Turnover Related Terms

Thank you for viewing the detailed overview of Boston Private Financial Holdings's Asset Turnover 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

Boston Private Financial Holdings (Boston Private Financial Holdings) Headlines