WASHINGTON (dpa-AFX) - Boston Private Financial Holdings Inc. (BPFH) revealed a profit for its second quarter that advanced from last year.
The company's profit totaled $19.4 million, or $0.22 per share. This compares with $6.4 million, or $0.03 per share, in last year's second quarter.
Excluding items, Boston Private Financial Holdings Inc. reported adjusted earnings of $19.4 million or $0.22 per share for the period.
Analysts had expected the company to earn $0.22 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
Boston Private Financial Holdings Inc. earnings at a glance:
-Earnings (Q2): $19.4 Mln. vs. $19.5 Mln. last year. -EPS (Q2): $0.22 vs. $0.21 last year. -Analysts Estimate: $0.22
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