WESTERLY – Despite multiple business lines failing to yield anticipated revenue, Washington Trust Bancorp Inc. will stay the course with its current business model and look to bounce back from a third-quarter profit drop reported last week.
Webster Financial Corp. on Friday reported third quarter profit growing 0.87 percent to $51.8 million, or 54 cents per share, compared with $51.4 million, or 53 cents per share, for the same period last year.
Citizens Financial Group Inc. on Friday reported third quarter profit growing 35 percent to $297 million, or 56 cents per share, compared with $220 million, or 40 cents per share, during the same period last year.
Dennis Watson financed his first solar system for a homeowner in California in 2009. For the next five years, he helped roughly 2,000 more homeowners with financing to own solar systems.
The introduction to the solar industry would …
Brookline Bancorp Inc. on Wednesday reported third-quarter profit grew 6.1 percent to $14.3 million, or 19 cents per diluted share, compared with $13.4 million, or 18 cents per diluted share, last year.
Operating solely in South County with about $300 million in assets, The Washington Trust Co. was a relatively small fish when David V. Devault joined the bank back in 1986.
But there was definitely reason for Devault to be optimistic about …
by JOHN A. LAHTINEN | Contributing Writer