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Article: Boston Private Reports Record Earnings and AUM for the Third Quarter 2007.(Financial report)
- Article from:
- Business Wire
- Article date:
- October 24, 2007
CopyrightCOPYRIGHT 2007 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Double Digit Organic Growth of Three Key Business Lines
BOSTON -- Boston Private Financial Holdings, Inc. (NASDAQ: BPFH) (the "Company") today reported third quarter 2007 cash earnings per diluted share (defined later in this press release) of $0.54, a 20.0% increase over $0.45 per diluted share in the third quarter 2006. GAAP earnings were $0.44 per diluted share, compared to $0.36 per diluted share for the third quarter 2006, a 22.2% increase.
Included in the third quarter 2007 financials are the results from the most recent acquisition of Charter Bank ("Charter") on July 1, 2007. More detailed financial information regarding Charter's financial ...