Boston Private Financial Holdings Inc. reported a third-quarter loss of $273.36 million, or $5.92 a share, after reporting a profit of $17.42 million, or 44 cents a share, a year earlier.

The loss resulted from noncash charges of $227 million, or $4.45 a share, and a loan-loss provision of $86.4 million, or $1.69 a share, Boston Private said Wednesday after the market closed.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.