This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Boston Private Financial Holdings, Inc. Reports Fourth Quarter And Full Year 2012 Results; Announces Dividend Increase And Share Repurchase Program

Nonaccrual Loans (“Nonaccruals”) decreased 17% to $60.7 million on a linked quarter basis. On a year-over-year basis, Nonaccruals were down 11%. As a percentage of Total Loans, Nonaccruals were 1.26% in the fourth quarter of 2012, down 22 basis points from 1.48% in the third quarter of 2012. On a year-over-year basis, Nonaccruals as a percentage of Total Loans declined 20 basis points from 1.46%.

Additional credit metrics are listed below on a linked quarter and year-over-year basis:
(In millions)        

December 31, 2012
        September 30, 2012         December 31, 2011
Total Criticized Loans         $235.0         $275.5         $309.3
Total Loans 30-89 Days Past Due and Accruing (10)         $46.4         $9.5         $27.0
Total Net Loans (Charged-off)/Recovered         ($2.1)         ($3.9)         ($0.1)
Allowance for Loan Losses/Total Loans         1.75%         1.83%         2.07%
                       

Capital Ratios Strengthen in Q4, Dividend Increase and Share Repurchase Program Announced

Most regulatory risk-based capital ratios and tangible common equity ratios increased on a linked quarter basis and year-over-year. The Board of Directors today announced a dividend increase to $0.05 per share, up from $0.01 per share last quarter.

3 of 7

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
SYM TRADE IT LAST %CHG

Markets

Chart of I:DJI
DOW 16,261.79 +203.44 1.27%
S&P 500 1,935.26 +21.41 1.12%
NASDAQ 4,702.7090 +66.6040 1.44%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs