Dallas, Texas 01/23/2014 (FINANCIALSTRENDS) – Boston Private Financial Hldg Inc (NASDAQ:BPFH) is an investment management company which is in direct competition with other big banking and investment services segment such as Enterprise Bancor or EBTC, Century Bancorp, CNBKA and several others. The company among the peer group has managed a consistent performance through a balancing act across its various segments.
Consolidates through restructuring
Boston Private Financial Hldg Inc (NASDAQ:BPFH) has taken the consolidation route to ensure the company moves forward. The company has sold the interest it held in Coldstream Holdings Inc, followed this by merging with Borel Private Bank, First Private Bank as well as the Charter Private Bank, which were its other subsidiaries.
Boston Private Financial Hldg Inc (NASDAQ:BPFH) is the operative bank for the Boston Private Bank and Trust Company. The company is known to hold, apart from the banking collateral, two consolidated investment affiliations which are for investment management. The company also operates three consolidated wealth advisory affiliations. The Boston based company has reported third quarter net profit margin of 24,71% in September of 2013. The Operating margin for the company was reported to be 36.53% while investors found that the average return assets were in the range of 1.17%. The return on average equity is 11.43%.
Boston Private Financial Hldg Inc (NASDAQ:BPFH) is known to operate in three segments which is the investment banking sector as well as the Private Banking, besides Wealth Advisory section as well.
Boston Private Financial Hldg Inc (NASDAQ:BPFH) in the latest trading day saw a high of $13,37 and low of $13,66. The company has a 52 week trading high of $8.88 and $14.64. The company has a market capital of $1.07 billion. The PE ratio for the company is 25.41. The dividend rate for the company is 0.08 while the yield is 2.38. The EPS is 0.53. The shares are 79.8million for the company which currently trades at $13.46, a slide of over 1.17% over previous close.