Boston Private Financial Holdings Q4 Profit Down - Quick Facts

(RTTNews) - Boston Private Financial Holdings, Inc. (BPFH) Wednesday reported fourth-quarter profit of $17.7 million or $0.20 per share, down from $18.3 million or $0.22 per share in the same period last year.

On average, nine analysts polled by Thomson Reuters expected the company to earn $0.19 per share for the quarter. Analysts' estimates typically exclude special items.

Net-interest income improved 3 percent to $43.5 million from $42.3 million last year. Net-interest margin was 2.98 percent, compared to 2.99 percent last year.

Total Assets Under Management or Advisory increased 7 percent to $24.3 billion from $22.7 billion last year.