Boston Private Financial Holdings, Inc. (BPFH) Financial Statements (2025 and earlier)

Company Profile

Business Address 10 POST OFFICE SQ
BOSTON, MA 02109
State of Incorp. MA
Fiscal Year End December 31
Industry (SIC) 6022 - State Commercial Banks (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

3/31/2021
MRQ
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments 1,097,040311,289141,487120,541106,557238,694
Cash and cash equivalent 1,055,588292,479127,259120,541106,557238,694
Short-term investments 41,45218,81014,228   
Total current assets: 1,097,040311,289141,487120,541106,557238,694
Noncurrent Assets
Operating lease, right-of-use asset 97,859102,075
Property, plant and equipment 44,08744,52745,41237,64031,82731,036
Long-term investments and receivables      27,700
Long-term investments      27,700
Intangible assets, net (including goodwill) 66,66367,95969,83491,681169,279185,089
Goodwill 57,60757,60757,60775,598142,554152,082
Intangible assets, net (excluding goodwill) 9,05610,35212,22716,08326,72533,007
Deferred costs 7,2006,1006,8007,1006,1005,600
Deferred income tax assets 6,77411,383
Investment, proportional amortization method, elected, amount 75,70065,50054,40039,40034,200 
Total noncurrent assets: 298,283297,544176,446175,821241,406249,425
Other undisclosed assets 8,653,4108,221,6688,176,6928,015,3827,622,5117,054,389
TOTAL ASSETS: 10,048,7338,830,5018,494,6258,311,7447,970,4747,542,508
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Debt 153,548327,763280,946561,889549,895274,816
Total current liabilities: 153,548327,763280,946561,889549,895274,816
Noncurrent Liabilities
Liabilities, other than long-term debt 35,40027,80023,00011,50011,300 
Investment program, proportional amortization method, elected, commitment 35,40027,80023,00011,50011,300 
Total noncurrent liabilities: 35,40027,80023,00011,50011,300 
Other undisclosed liabilities 8,991,7777,654,5377,434,1996,934,9506,623,8266,502,991
Total liabilities: 9,180,7258,010,1007,738,1457,508,3397,185,0216,777,807
Temporary equity, including noncontrolling interest  1,3832,52617,46116,97218,088
Equity
Equity, attributable to parent 868,008819,018753,954780,758764,320743,220
Preferred stock    47,75347,75347,753
Common stock 82,33483,26683,65684,20883,73283,411
Additional paid in capital 597,558600,708600,196607,929597,454600,670
Accumulated other comprehensive income (loss) 31,6857,575(17,719)(8,658)(12,548)(1,500)
Retained earnings 156,431127,46987,82149,52647,92912,886
Other undisclosed equity    5,1864,1613,393
Total equity: 868,008819,018753,954785,944768,481746,613
TOTAL LIABILITIES AND EQUITY: 10,048,7338,830,5018,494,6258,311,7447,970,4747,542,508

Income Statement (P&L) ($ in thousands)

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Revenues 327,310329,623384,563378,652359,225346,939
Net investment income 263,413297,654280,813245,304215,223202,735
Cost of revenue
(Provision for Loan, Lease, and Other Losses)
 (31,998)     
Gross profit: 295,312329,623384,563378,652359,225346,939
Operating expenses (90,398)(90,131)(99,250)(295,682)(255,839)(247,932)
Other operating income, net
(Noninterest Income, Other Operating Income)
    2,0983,4103,722
Operating income: 204,914239,492285,31385,068106,796102,729
Nonoperating income (expense) (1,109)(1,669)(423)(46)306124
Gains (losses) on sales of other real estate    (46)306124
Net periodic defined benefits expense (reversal of expense), excluding service cost component (1,109)(1,669)(423)
Interest and debt expense (40,279)(80,371)(58,338)(34,009)(27,201)(27,898)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes (109,479)(54,471)(107,146)35,37221,30618,358
Income from continuing operations before income taxes: 54,047102,981119,40686,385101,20793,313
Income tax expense (8,888)(22,591)(37,537)(46,196)(30,963)(30,392)
Income from continuing operations: 45,15980,39081,86940,18970,24462,921
Income before gain (loss) on sale of properties:45,15980,39083,87145,05975,78569,332
Income from discontinued operations   2,0024,8705,5416,411
Net income: 45,15980,39083,87145,05975,78569,332
Net loss attributable to noncontrolling interest (6)(362)(3,487)(4,468)(4,157)(4,407)
Net income attributable to parent: 45,15380,02880,38440,59171,62864,925
Preferred stock dividends and other adjustments 4141,143(1,682)(3,475)(3,475) 
Other undisclosed net loss available to common stockholders, basic    (1,412)(588)(3,194)
Net income available to common stockholders, diluted: 45,56781,17178,70235,70467,56561,731

Comprehensive Income ($ in thousands)

3/31/2021
TTM
12/31/2020
12/31/2019
12/31/2018
12/31/2017
12/31/2016
12/31/2015
Net income: 45,15980,39083,87145,05975,78569,332
Other comprehensive income (loss) 24,110  5,425(11,048)(803)
Comprehensive income: 69,26980,39083,87150,48464,73768,529
Comprehensive loss, net of tax, attributable to noncontrolling interest (6)(362)(3,487)(4,468)(4,157)(4,407)
Other undisclosed comprehensive income (loss), net of tax, attributable to parent  25,294(8,727)   
Comprehensive income, net of tax, attributable to parent: 69,263105,32271,65746,01660,58064,122

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: