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Despite low interest rates, WashTrust officials confident for 2020

WESTERLY – Despite the challenge posed by low interest rates, The Washington Trust Co. leaders are optimistic for 2020. The bank posted a $69 million...

Washington Trust posts $69M profit in 2019

WESTERLY – Washington Trust Bancorp Inc., the parent of Westerly-based The Washington Trust Co., posted a $69.1 million profit in 2019, the company reported...

Washington Trust reports $4.8M mortgage banking revenues in Q3

WESTERLY – The Trump administration’s push for ever-lower interest rates is squeezing banks’ earnings, just a year after Trump’s tax cuts left banks awash...

Washington Trust reports $18.8M profit in Q3

WESTERLY – Washington Trust Bancorp Inc. reported Monday a third-quarter profit of $18.8 million, a 7.4% increase from a profit of $17.5 million in...

American Banker names WashTrust among ‘Best Banks to Work For’

WESTERLY – The Washington Trust Co. was recently named one of the nation’s “Best Banks to Work For” by American Banker magazine. Among 85 community...
WASHINGTON TRUST reported a 2.3% decrease in profit in the second quarter ended June 30, compared with the .same period last year. GREATER CITY PROVIDENCE/JEF NICKERSON

Washington Trust posts slight decrease in quarterly profit

WESTERLY – Washington Trust Bancorp Inc. reported Monday a 2.3% drop in net income in the second quarter, driven by higher rates paid on...
WASHINGTON TRUST was named No. 1 in Rhode Island for overall quality at the Banking Choice Awards this year. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Washington Trust earns top overall quality honor at Banking Choice Awards

PROVIDENCE – Washington Trust ranked No. 1 for overall quality of a bank in Rhode Island at the 2019 Banking Choice awards, according to...

Washington Trust Bancorp elects 4 to board of directors

WESTERLY – Four members of the board of directors of Washington Trust Bancorp Inc. were elected at the company’s recent annual shareholders meetings. The event...

Greater Boston real estate market helps WashTrust achieve 8% profit in...

WESTERLY – The Washington Trust Co. partly rode Greater Boston’s powerful real estate market to a 7.9% profit in the quarter ended March 31,...
WESTERLY-BASED WASHINGTON TRUST Bancorp posted net income of $17.5 million in the first quarter, driven by an increase in loans, the bank reported Monday.

WashTrust reports 8% profit growth

WESTERLY – The Washington Trust Co.’s parent company reported Monday a 7.9% increase in net income in the first quarter from a year earlier....
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