Boston Private Bank & Trust Company

Boston Private Bank & Trust Company

Overview / Commentary
Ten Post Office Square
Boston, MA 02109

Boston Private Bank & Trust Company is headquartered in Boston and is the 5th largest bank in the state of Massachusetts. It is also the 151st largest bank in the nation. It was established in 1983 and as of December of 2020, it had grown to 798 employees at 23 locations. Boston Private Bank & Trust Company has an A health rating.

Reviews (1)

Good Bye To My Bank

Posted by: |

My wife and I had banked at a one branch San Francisco California bank for many years. We had a business in the City. They progressively added a few more branches but they did a reasonable job of maintaining a personal touch for both business and individuals.

They were bought out by Boston Private Bank and within a very short time the stopped being a service and business bank and became a classic east coast bureaucratic no-service bank. They eliminated services, added fees, and are now a very unfriendly bank, without any of the personal touch that Borel had.

We are now looking for another bank, although admittedly all banks seem to be very poor on individual customer service.

Another California business destroyed by out of state carpet baggers.



Health Grade Components

FDIC Certificate #24811
Year Established1983
Primary RegulatorFED
Profit Margin
Return on Assets - YTD0.55%
Return on Equity - YTD5.83%
Annual Interest Income$274.3MM
Assets and Liabilities
AssetsQ4 2020vs Q4 2019$10.02B$8.80B
LoansQ4 2020vs Q4 2019$7.04B$6.91B
DepositsQ4 2020vs Q4 2019$8.67B$7.30B
Equity CapitalQ4 2020vs Q4 2019$884.3MM$852.2MM
Loan Loss AllowanceQ4 2020vs Q4 2019$81.2MM$72.0MM
Unbacked Noncurrent LoansQ4 2020vs Q4 2019$23.9MM$16.1MM
Real Estate OwnedQ4 2020vs Q4 2019$0$0

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