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Former Providence mayor is one of two named to Washington Trust...

WESTERLY – Former Providence Mayor Angel Taveras will join Washington Trust Bancorp Inc.'s board of directors starting March 1. The parent company of The Washington...
WASHINGTON TRUST Bancorp Inc., the parent company for The Washington Trust Co., says its net income for 2023 was $48.2 million compared with $71.7 million it posted in 2022. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust’s year-end profit declines 32.8% to $48.2M

WESTERLY – The Washington Trust Bancorp Inc. on Wednesday posted a profit of $48.2 million for 2023, down 32.8% from the $71.7 million it...
THE WASHINGTON TRUST Bancorp Inc. reported a net income of $11.2 million in the third-quarter Tuesday, during what company chairman and CEO Edward O. Handy III called “difficult operating conditions." / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $11.2M profit in Q3, a 40% drop from...

WESTERLY – The Washington Trust Bancorp Inc. on Tuesday posted a third-quarter profit of $11.2 million, down 40.2% from $18.7 million it reported in...
WASHINGTON TRUST BANCORP INC. reported $11.3 million in profit for the second quarter of 2023, down 43% from the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust posts $11.3M profit in Q2

WESTERLY – Washington Trust Bancorp. Inc. on Monday reported a $11.3 million second-quarter net income, a decrease of $8.7 million, or 43%, from the...

Washington Trust reports $72M 2022 profit, record loans

WESTERLY –  Rising interest rates, typically a boon for banks’ bottom lines, weren’t enough to offset inflationary headwinds for Washington Trust Bancorp Inc., which...

Washington Trust president to retire, successor will be first woman in...

WESTERLY – The second-in-command for The Washington Trust Co. is stepping down, paving the way for the company’s first woman president to fill his...

Washington Trust opens New Haven lending office

NEW HAVEN, Conn. – The Washington Trust Co. is expanding in Connecticut, with the recent opening of a new commercial lending office in New...
NEW HOME: The Washington Trust Co.’s mortgage team traded in their paperwork for hard hats and hammers, volunteering to help build a new home in partnership with South County Habitat for Humanity. / COURTESY THE WASHINGTON TRUST CO.

The Washington Trust Co.

PBN BEST PLACES TO WORK 2022 Enterprise Company 2. The Washington Trust Co. Employees in R.I.: 529 Chairman and CEO: Edward O. Handy III Questions answered by: Community Relations Officer...
IN SAFE HANDS: William Wray, chief risk officer for The Washington Trust Co. in Westerly, says he takes pride in the bank’s credit risk being “viewed as among the best in the entire industry” because it’s “the most common reason why banks fail, so it is a critical survival skill.” / COURTESY THE WASHINGTON TRUST CO.

Wray keeps Washington Trust poised to take on any challenge

2022 C-Suite Awards: Enterprise company | William Wray, The Washington Trust Co. chief risk office If there was ever an example of the need for...
WASHINGTON TRUST BANCORP INC. posted profits of $16.5 million in the first quarter of 2022 and a record amount of in-market deposits. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports record in-market deposits as 1st quarter earnings decline

WESTERLY – Washington Trust Bancorp Inc. continues to stake its claim in the Rhode Island market, boasting a quarterly record of $4.7 billion in-market...
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