BPFH Boston Private Financial

Boston Private is a leading provider of integrated wealth management, trust and banking services to individuals, families, businesses and nonprofits. For more than 30 years, Boston Private has delivered comprehensive advice coupled with deep technical expertise to help clients simplify their lives and achieve their goals. The firm offers the capabilities of a large institution with the superior service of a boutique firm to clients across the United States. Boston Private is the corporate brand of Boston Private Financial Holdings, Inc..
Company profile
Ticker
BPFH
Exchange
Website
CEO
Anthony DeChellis
Employees
Incorporated
Location
Fiscal year end
Sector
Industry (SIC)
Former names
BOSTON PRIVATE BANCORP INC
SEC CIK
Corporate docs
IRS number
42976299
BPFH stock data
()
News
Boston Private Financial Investor, HoldCo Asset Mgmt., Highlights Presentation On Co.'s Proposed Merger With SVB, Urges Shareholders To Vote Against Merger
30 Mar 21
Boston Private Financial Shareholder, HoldCo Asset Mgmt. Sends Letter To Co. Shareholders
25 Mar 21
Boston Private Financial Sends Letter To Shareholders Related To Deal With SVB Financial, Says Deal Is Financially, Strategically Compelling
19 Mar 21
Stocks That Hit 52-Week Highs On Friday
12 Mar 21
Stocks That Hit 52-Week Highs On Thursday
25 Feb 21
Press releases
INVESTIGATION ALERT: Halper Sadeh LLP Investigates COHR, FFG, CMD, MDCA, BPFH; Shareholders are Encouraged to Contact the Firm
12 Apr 21
HoldCo Issues Presentation Rebutting BPFH's Misleading and Self-Serving Claims
9 Apr 21
SHAREHOLDER ALERT: WeissLaw LLP Reminds BPFH, BMTC, TLND, and PRAH Shareholders About Its Ongoing Investigations
7 Apr 21
Boston Private Files Investor Presentation and Board of Directors Sends Letter to Shareholders Regarding the Proposed Transaction with SVB Financial
7 Apr 21
SHAREHOLDER ALERT: Halper Sadeh LLP Investigates PRAH, CMD, COHR, PRSP, BPFH; Shareholders are Encouraged to Contact the Firm
1 Apr 21
Calendar
15 Mar 21
13 Apr 21
31 Dec 21
Financial summary
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Financial data from company earnings reports.
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Mar 21 | Regan Joseph D | RSU Common Stock | Grant | Aquire A | No | No | 0 | 4,455 | 0 | 4,455 |
15 Mar 21 | Longley John T. | RSU Common Stock | Grant | Aquire A | No | No | 0 | 25,703 | 0 | 25,703 |
15 Mar 21 | Brown James Cannon | RSU Common Stock | Grant | Aquire A | No | No | 0 | 25,634 | 0 | 25,634 |
15 Mar 21 | MacDonald W. Timothy | RSU Common Stock | Grant | Aquire A | No | No | 0 | 17,992 | 0 | 17,992 |
15 Mar 21 | Almy Maura | RSU Common Stock | Grant | Aquire A | No | No | 0 | 16,792 | 0 | 16,792 |
Institutional ownership Q4 2020
Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.
93.2% owned by funds/institutions
13F holders |
Current |
---|---|
Total holders | 168 |
Opened positions | 19 |
Closed positions | 25 |
Increased positions | 54 |
Reduced positions | 64 |
13F shares |
Current |
---|---|
Total value | 653.12M |
Total shares | 76.82M |
Total puts | 12.2K |
Total calls | 13.2K |
Total put/call ratio | 0.9 |
Largest owners |
Shares | Value |
---|---|---|
BLK Blackrock | 12.04M | $101.73M |
Vanguard | 8.49M | $71.77M |
Wellington Management | 5.76M | $48.68M |
Dimensional Fund Advisors | 5.45M | $46.04M |
HoldCo Asset Management | 4.05M | $34.22M |
STT State Street | 3.2M | $27.03M |
BK Bank Of New York Mellon | 2.49M | $21M |
FMR | 2.32M | $19.64M |
AMP Ameriprise Financial | 2.13M | $17.98M |
Banc Funds | 2.1M | $17.76M |
Financial report summary
?Management Discussion
- Net income. The Company recorded Net income from continuing operations for the year ended December 31, 2020 of $45.2 million, compared to Net income from continuing operations of $80.4 million and $81.9 million in 2019 and 2018, respectively. Net income attributable to the Company, which includes income from both continuing and discontinued operations, if any, less Net income attributable to noncontrolling interests, for the year ended December 31, 2020 was $45.2 million, compared to income of $80.0 million and $80.4 million in 2019 and 2018, respectively.
- The Company recognized Diluted earnings per share from continuing operations for the year ended December 31, 2020 of $0.55 per share, compared to $0.97 per share and $0.90 per share in 2019 and 2018, respectively. Diluted earnings per share attributable to common shareholders, which includes both continuing and discontinued operations, if any, for the year ended December 31, 2020 was $0.55 per share, compared to earnings of $0.97 per share and $0.92 per share in 2019 and 2018, respectively. Net income from continuing operations in 2020 and 2019 was positively impacted by decreases in the redemption value of certain redeemable noncontrolling interests, which increased income available to common shareholders. Net income from continuing operations in 2018 was partially offset by dividends paid on preferred stock, net of a decrease in the redemption value of certain redeemable noncontrolling interests. See Part II. Item 8. “Financial Statements and Supplementary Data - Note 16: Earnings Per Share” for further detail on the charges made to arrive at income attributable to common shareholders.
Content analysis
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H.S. freshman Avg
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New words:
accuracy, adhering, aid, anti, aware, Buyer, career, certainty, choose, circumstance, combat, conceptual, concert, consent, counting, curtailment, DCF, deny, devoted, DFPI, distancing, double, educational, effort, elevated, faith, fallout, fluid, forbearance, forgiven, fringe, fulfilled, guaranty, hardship, heightened, hinder, innovation, inspecting, interagency, introduction, lapse, Lastly, learning, LGD, noncommercial, onset, opposition, output, pandemic, paused, paycheck, PD, pendency, pending, PPP, PPPLF, precise, prioritizing, proactive, proceed, proceeding, reassessed, recommending, reject, rejection, resumed, shop, Southeastern, standing, straight, strongly, suffer, suitable, SVB, teamwork, top, turbulence, unanimously, unavailable, unique, valuable, view, waiting
Removed:
antidilutive, arose, August, Burbank, calculating, captioned, comparative, concept, deductibility, depositary, DFI, Division, excluding, forma, Granada, Hypothetical, illiquidity, indefinite, indexed, initiative, leave, noncash, OCI, preference, privately, pro, prospective, Proxy, ranging, reclassification, reevaluated, refinement, residual, simple, stranded, strong, upgrade, venture
Financial reports
10-K/A
2020 FY
Annual report (amended)
15 Mar 21
10-K
2020 FY
Annual report
1 Mar 21
10-Q
2020 Q3
Quarterly report
5 Nov 20
10-Q
2020 Q2
Quarterly report
6 Aug 20
10-Q
2020 Q1
Quarterly report
8 May 20
10-K
2019 FY
Annual report
28 Feb 20
10-Q
2019 Q3
Quarterly report
4 Nov 19
10-Q
2019 Q2
Quarterly report
5 Aug 19
10-Q
2019 Q1
Quarterly report
8 May 19
10-K
2018 FY
Annual report
27 Feb 19
Current reports
8-K
Regulation FD Disclosure
9 Mar 21
8-K
Boston Private Reports Fourth Quarter and Full Year 2020 Results
21 Jan 21
8-K
Entry into a Material Definitive Agreement
8 Jan 21
8-K
SVB Financial Group to Acquire Boston Private, a Leading Provider of Wealth Management, Trust and Banking Services
3 Jan 21
8-K
Regulation FD Disclosure
9 Dec 20
8-K
Boston Private Reports Third Quarter 2020 Results
21 Oct 20
8-K
Regulation FD Disclosure
28 Sep 20
8-K
Regulation FD Disclosure
1 Sep 20
8-K
Boston Private Reports Second Quarter 2020 Results
28 Jul 20
8-K
Regulation FD Disclosure
2 Jun 20
Registration and prospectus
425
Business combination disclosure
9 Apr 21
425
Business combination disclosure
7 Apr 21
425
Business combination disclosure
7 Apr 21
425
Business combination disclosure
5 Apr 21
425
Business combination disclosure
29 Mar 21
425
Business combination disclosure
19 Mar 21
425
Business combination disclosure
8 Jan 21
425
Business combination disclosure
8 Jan 21
425
Business combination disclosure
7 Jan 21
425
Business combination disclosure
7 Jan 21
Proxies
DFAN14A
Additional proxy materials by non-management
9 Apr 21
DFAN14A
Additional proxy materials by non-management
30 Mar 21
DFAN14A
Additional proxy materials by non-management
24 Mar 21
DEFC14A
Proxy in contested situation
22 Mar 21
DFAN14A
Additional proxy materials by non-management
19 Mar 21
DEFM14A
Proxy related to merger
17 Mar 21
PREC14A
Preliminary proxy with contested solicitation
24 Feb 21
DFAN14A
Additional proxy materials by non-management
2 Feb 21
DFAN14A
Additional proxy materials by non-management
28 Jan 21
DFAN14A
Additional proxy materials by non-management
27 Jan 21
Other
EFFECT
Notice of effectiveness
29 May 20
CORRESP
Correspondence with SEC
25 May 20
UPLOAD
Letter from SEC
21 May 20
UPLOAD
Letter from SEC
12 Jan 14
CORRESP
Correspondence with SEC
1 Jan 14
UPLOAD
Letter from SEC
18 Dec 13
EFFECT
Notice of effectiveness
16 Jan 13
EFFECT
Notice of effectiveness
27 Jan 11
EFFECT
Notice of effectiveness
27 Jan 11
EFFECT
Notice of effectiveness
12 Aug 10
Ownership
4
BOSTON PRIVATE FINANCIAL / Luis A Ubinas ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / Stephen M Waters ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / Kimberly S Stevenson ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / JOSEPH C GUYAUX ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / MARK F FURLONG ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / GLORIA C LARSON ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / Lizabeth H Zlatkus ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / DEBORAH F KUENSTNER ownership change
17 Mar 21
4
BOSTON PRIVATE FINANCIAL / Colleen A Graham ownership change
16 Mar 21
4
BOSTON PRIVATE FINANCIAL / Paul M Simons ownership change
16 Mar 21
Transcripts
2020 Q3
Earnings call transcript
22 Oct 20
2020 Q2
Earnings call transcript
2 Aug 20
2020 Q1
Earnings call transcript
2 May 20
2019 Q4
Earnings call transcript
23 Jan 20
2019 Q3
Earnings call transcript
25 Oct 19
2019 Q2
Earnings call transcript
28 Jul 19
2019 Q1
Earnings call transcript
18 Apr 19
2018 Q4
Earnings call transcript
31 Jan 19
2018 Q3
Earnings call transcript
18 Oct 18
2018 Q2
Earnings call transcript
19 Jul 18