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THE WASHINGTON TRUST Bancorp Inc. has reported a loss of $28.1 million for 2024, down 41.7% from the $48.2 million profit it reported the year prior because it repositioned in balance sheet in December. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $28.1M loss in 2024 because of ‘repositioning’ strategy

WESTERLY – Washington Trust Bancorp Inc. has posted a loss of $28.1 million for 2024 after the bank "repositioned" its balance sheet in December...
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