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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....
WASHINGTON TRUST BANCORP ranked No. 33 among best-performing community banks with assets between $3 billion and $10 billion in 2018. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Report: 2 R.I. community banks among top performing in U.S.

PROVIDENCE – Two Rhode Island financial institutions were named among the best performing community banks and credit unions in the nation by S&P Global...

Thundermist presents Community Partnership Award to WashTrust

WARWICK – Thundermist Health Center presented The Washington Trust Co. with the 2019 Community Partnership Award during the center’s annual meeting on March 11.Washington...

Washington Trust reports record earnings in 2018

WESTERLY – Washington Trust Bancorp Inc., parent of The Washington Trust Co., reported Monday a year-over-year 49 percent increase in earnings in 2018, as...

Tax reform boosts profits in banking industry

You might say 2018 was the year of Trump in banking. It’s debatable whether President Donald Trump is accomplishing his campaign promise to make...

WashTrust $17.5M profit in Q3 driven by growing commercial loans

WESTERLY – Regional banking leader Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted a $17.5 million profit in the third quarter,...
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