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Boston Private Financial Holdings Inc
Regional Northeast Banks, with the stock ticker BPFH, is a bank holding company that is primarily focused on the New England region of the United States. The company's flagship bank is called BankProv, which is one of the oldest community banks in the United States, with a history dating back to 1828. The bank offers a range of financial services, including commercial and consumer banking, wealth management, and insurance.
In terms of financial performance, here are some key metrics that you may find useful:
* Earnings: For the full year 2021, Regional Northeast Banks reported net income of $25.3 million, or $1.46 per diluted share, compared to net income of $14.0 million, or $0.83 per diluted share, for the full year 2020.
* Revenue: Total revenue for the full year 2021 was $160.5 million, up from $122.2 million in 2020.
* Assets: As of December 31, 2021, total assets were $2.6 billion, compared to $2.1 billion at the end of 2020.
* Loans: Total loans as of December 31, 2021 were $1.8 billion, up from $1.5 billion at the end of 2020.
* Deposits: Total deposits as of December 31, 2021 were $2.1 billion, up from $1.8 billion at the end of 2020.
In terms of growth, Regional Northeast Banks has been expanding its presence in the New England region, particularly in the commercial banking space. The bank has also been investing in technology to improve its digital capabilities and better serve its customers. In addition, the bank has been focused on managing risk and maintaining strong capital levels, which should position it well for long-term success.
Overall, Regional Northeast Banks appears to be a well-run community bank that is focused on serving the needs of its customers and shareholders in the New England region. While past performance is not necessarily indicative of future results, the bank's financial performance and growth initiatives suggest that it may be a compelling investment opportunity for those interested in the banking sector.