Boston Private Financial Holdings, Inc. operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the United States.
No risks detected for BPFH from our risk checks.
Flawless balance sheet 6 star dividend payer.
Share Price & News
How has Boston Private Financial Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: BPFH has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: BPFH underperformed the US Banks industry which returned 11.1% over the past year.
Return vs Market: BPFH underperformed the US Market which returned 19.3% over the past year.
Price Volatility Vs. Market
How volatile is Boston Private Financial Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 day ago | Simply Wall StDoes The Boston Private Financial Holdings, Inc. (NASDAQ:BPFH) Share Price Tend To Follow The Market?
2 weeks ago | Simply Wall StHere's What We Like About Boston Private Financial Holdings, Inc. (NASDAQ:BPFH)'s Upcoming Dividend
3 weeks ago | Simply Wall StYou Have To Love Boston Private Financial Holdings, Inc.'s (NASDAQ:BPFH) Dividend
Is Boston Private Financial Holdings undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: BPFH ($11.88) is trading below our estimate of fair value ($15.02)
Significantly Below Fair Value: BPFH is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: BPFH is good value based on its PE Ratio (12.2x) compared to the Banks industry average (12.6x).
PE vs Market: BPFH is good value based on its PE Ratio (12.2x) compared to the US market (18.5x).
Price to Earnings Growth Ratio
PEG Ratio: BPFH is poor value based on its PEG Ratio (9.6x)
Price to Book Ratio
PB vs Industry: BPFH is overvalued based on its PB Ratio (1.2x) compared to the US Banks industry average (1.2x).
How is Boston Private Financial Holdings forecast to perform in the next 1 to 3 years based on estimates from 4 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: BPFH's forecast earnings growth (1.3% per year) is below the savings rate (1.7%).
Earnings vs Market: BPFH's earnings (1.3% per year) are forecast to grow slower than the US market (14.2% per year).
High Growth Earnings: BPFH's earnings are forecast to grow, but not significantly.
Revenue vs Market: BPFH's revenue (4.4% per year) is forecast to grow slower than the US market (7.6% per year).
High Growth Revenue: BPFH's revenue (4.4% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: BPFH's Return on Equity is forecast to be low in 3 years time (9.5%).
How has Boston Private Financial Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: BPFH has high quality earnings.
Growing Profit Margin: BPFH's current net profit margins (24.4%) are higher than last year (19.8%).
Past Earnings Growth Analysis
Earnings Trend: BPFH's earnings have grown by 6.1% per year over the past 5 years.
Accelerating Growth: BPFH's earnings growth over the past year (5.8%) is below its 5-year average (6.1% per year).
Earnings vs Industry: BPFH earnings growth over the past year (5.8%) underperformed the Banks industry 12.2%.
Return on Equity
High ROE: BPFH's Return on Equity (9.8%) is considered low.
Return on Assets
Return on Capital Employed
How is Boston Private Financial Holdings's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Inventory Level: BPFH has a low level of unsold assets or inventory.
Debt Coverage by Assets: BPFH's debt is not covered by short term assets (assets are 0.6x debt).
Financial Institutions Analysis
Asset Level: BPFH's level of assets compared to its equity is moderate.
Allowance for Bad Loans: BPFH has a sufficient allowance for bad loans.
Low Risk Liabilities: BPFH's liabilities are made up of primarily low risk sources of funding.
Loan Level: BPFH has an acceptable proportion of non-loan assets held.
Low Risk Deposits: BPFH's loans are broadly funded by customer deposits.
Level of Bad Loans: BPFH has an appropriate level of bad loans (0.23%)
What is Boston Private Financial Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: BPFH's dividend (4.04%) is higher than the bottom 25% of dividend payers in the US market (1.44%).
High Dividend: BPFH's dividend (4.04%) is in the top 25% of dividend payers in the US market (3.71%)
Stability and Growth of Payments
Stable Dividend: BPFH's dividends per share have been stable in the past 10 years.
Growing Dividend: BPFH's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (49.3%), BPFH's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: BPFH's dividends in 3 years are forecast to be well covered by earnings (48.4% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Tony DeChellis (56yo)
Mr. Anthony DeChellis, also known as Tony, has been a President at Boston Private Financial Holdings, Inc. since November 26, 2018. He is also President for Boston Private Bank & Trust Company. He serves a ...
CEO Compensation Analysis
Compensation vs Market: Tony's total compensation ($USD3.05M) is about average for companies of similar size in the US market ($USD2.48M).
Compensation vs Earnings: Insufficient data to compare Tony's compensation with company performance.
|CEO, President & Director||1.3yrs||US$3.05m||0.20% $1.9m|
|Executive VP & CFO||2.1yrs||US$698.69k||0.014% $135.6k|
|Executive VP and Chief Operating & Platform Officer||1.1yrs||no data||no data|
|Chief Investment Officer||1.1yrs||no data||no data|
|Senior VP & Director of Investor Relations||0yrs||no data||no data|
|Executive VP & General Counsel||0.8yrs||no data||no data|
|Senior Vice President of Corporate Development-Private & Commercial Banking New England||1.3yrs||no data||no data|
|Chief Marketing Officer||0.08yrs||no data||no data|
|Executive VP & Chief Human Resources Officer||2.1yrs||no data||no data|
|Executive VP & Chief Risk Officer||8.9yrs||US$1.14m||0.12% $1.2m|
Experienced Management: BPFH's management team is not considered experienced ( 1.3 years average tenure), which suggests a new team.
|CEO, President & Director||1.3yrs||US$3.05m||0.20% $1.9m|
|Chairman of the Board||9.6yrs||US$170.00k||0.038% $378.3k|
|Independent Director||3.4yrs||US$120.00k||0.033% $330.9k|
|Independent Director||3.4yrs||US$120.00k||0.017% $164.4k|
|Independent Director||4.6yrs||US$130.00k||0.033% $327.5k|
|Independent Director||5.1yrs||US$120.00k||0.037% $362.3k|
|Independent Director||2.4yrs||US$125.00k||0.012% $120.1k|
|Independent Director||12.6yrs||US$130.00k||0.16% $1.6m|
|Independent Director||4.3yrs||US$130.00k||0.045% $445.1k|
Experienced Board: BPFH's board of directors are considered experienced (4.3 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: BPFH insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Boston Private Financial Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Boston Private Financial Holdings, Inc.
- Ticker: BPFH
- Exchange: NasdaqGS
- Founded: 1987
- Industry: Regional Banks
- Sector: Banks
- Market Cap: US$989.196m
- Shares outstanding: 83.27m
- Website: https://www.bostonprivate.com
Number of Employees
- Boston Private Financial Holdings, Inc.
- Ten Post Office Square
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|BPFH||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 1994|
|BP8||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 1994|
Boston Private Financial Holdings, Inc. operates as the bank holding company for Boston Private Bank & Trust Company that provides a range of banking services in the United States. It operates in three segments: Private Banking, Wealth Management and Trust, and Affiliate Partners. The company accepts deposit products, such as checking accounts, savings and NOW accounts, money market accounts, and certificates of deposit. Its loan products include loans to individuals, such as residential mortgage loans, mortgage loans on investment or vacation properties, unsecured and secured personal lines of credits, home equity loans, and overdraft protection; and loans to businesses consisting of commercial and mortgage loans, revolving lines of credit, working capital loans, equipment financing, community lending programs, and construction and land loans. In addition, it provides wealth management solutions comprising customized investment solutions, wealth planning, trust, and family office services for high net worth individuals and families; services for pension funds, endowments, trusts, foundations and select institutions, mutual funds, and high net worth individuals and their families; and financial planning, tax planning and preparation, estate and insurance planning, retirement planning, charitable planning, and intergenerational gifting and succession planning. The company operates offices in Boston, Miami, New York, Los Angeles, San Francisco, San Jose, and Florida. Boston Private Financial Holdings, Inc. was founded in 1987 and is headquartered in Boston, Massachusetts.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 00:27|
|End of Day Share Price||2020/02/20 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.