Updated March 24 at 6:27pm
Financial Services
357 results total, viewing 61 - 70
Although Rhode Island’s financial services industry accounted for 4.2 percent of direct employment in 2015, the industry contributed 9 percent of the state’s gross domestic product, ranking 8th most in the country. more
Despite a slight drop in fourth-quarter profit, Brookline Bancorp Inc. reported 2016 net income grew 5.2 percent to $52.4 million. more
The Beacon Mutual Insurance Co. on Thursday said it will issue a $1 million dividend payment to its more than 12,000 policyholders. more
Double-digit fourth-quarter net income growth fueled record-breaking 2016 profit for Washington Trust Bancorp Inc., which posted earnings of $46.5 million on the year, an increase of 6.9 percent compared with 2015. more
The state’s $7.7 billion pension fund realized a 7.4 percent – or $530 million – gain on investment during 2016, marking the greatest return since 2013. more
Textron Inc. is acquiring Arctic Cat Inc., which specializes in recreational vehicles, for $247 million, the manufacturer said in its fourth-quarter and full-year earnings release on Wednesday. more
Banco Santander SA Chairman Ana Botin said she expects growth in all of the lenders’ markets in 2017 after Spain’s largest bank reported fourth-quarter profit that beat estimates. more
The Dow Jones Industrial Average climbed past 20,000 for the first time as stocks around the world extended a rally after corporate earnings reignited investors’ optimism in economic growth. Bonds sold off with oil. more
WalletHub has ranked Rhode Island 21st on its list of the “most and least educated states” in the U.S. more
Citizens Financial Group Inc. on Friday reported fourth-quarter profit growing 27.7 percent to $282 million, or 55 cents per share, and 2016 profit increasing 24.4 percent to $1.04 billion, or $1.97 per share. more
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