Benzinga | Oct 21, 2020 04:54PM EDT

Boston Private Finl Hldgs: Q3 Earnings Insights

Shares of Boston Private Finl Hldgs (NASDAQ:BPFH) moved lower by 2.55% in after-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share were up 12.50% year over year to $0.27, which beat the estimate of $0.16.

Revenue of $57,824,000 up by 2.98% year over year, which missed the estimate of $59,120,000.

Guidance

Earnings guidance hasn't been issued by the company for now.

Boston Private Finl Hldgs hasn't issued any revenue guidance for the time being.

Price Action

52-week high: $13.08

52-week low: $5.00

Price action over last quarter: Up 13.57%

Company Overview

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 select institutions. It operates in two reportable segments such as Private Banking, and Wealth Management and Trust. The company generates maximum revenue from the Private Banking segment. Private Banking segment operates primarily in three geographic markets: New England, Northern California and Southern California.