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Eastern Bankshares reports $65.3M first quarter profit

BOSTON – Eastern Bankshares Inc. reported first-quarter profit of $65.3 million, compared with a $217.7 million loss in the same period a year ago,...
WASHINGTON TRUST Bancorp reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust Q1 profit rises 3.3% to $12.6M

WESTERLY – The Washington Trust Bancorp Inc. reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period...

Bank of America posts $8.6B Q1 profit on trading gains, steady...

PROVIDENCE – Bank of America Corp. on Wednesday reported a net income of $8.58 billion for the first quarter of 2026, up 17% from...

KVH Industries sees full-year losses narrow to $7.5M in 2025

PROVIDENCE – KVH Industries Inc. on Tuesday reported a $7.4 million loss for 2025, an improvement from an $11 million deficit the company reported...

Washington Trust bounces back to black with $52M profit in 2025

WESTERLY – Washington Trust Bancorp Inc., the parent of Washington Trust, on Wednesday reported a year-end profit of $52.2 million for 2025, reversing a...

Webster Financial ends 2025 with $1B profit on stronger loans, higher...

PROVIDENCE – Webster Financial Corp., the parent company of Webster Bank N.A., reported a year-end profit of $1 billion for 2025 on Friday, up...

BankRI’s new parent company posts $56.3M loss after Brookline-Berkshire merger

BOSTON – Beacon Financial Corp., the holding company of Bank Rhode Island, reported a third-quarter net loss of $56.3 million on Wednesday, reversing a...
GENERAL DYNAMICS CORP. on Wednesday reported a profit of $4.21 billion for 2025, up 11.3% from the $3.8 billion posted a year earlier. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics Q3 profit rises 14% as marine, aerospace demand surges

NORTH KINGSTOWN – General Dynamics Corp. reported third-quarter earnings of $1.06 billion, a 13.9% increase from $930 million a year ago, the aerospace and...

Washington Trust posts $10.8M Q3 profit, down 2% year over year

WESTERLY – Washington Trust Bancorp Inc., the parent company of Washington Trust, posted a third-quarter profit of $10.8 million on Monday, down 2% compared with...

Citizens Financial posts $494M profit in Q3, up 29% year over...

PROVIDENCE – Citizens Financial Group Inc. on Wednesday reported a third-quarter profit of $494 million, an increase of 29% from a year ago driven...
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