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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,...

WashTrust posts $17.5M Q3 profit

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 35.1 percent year-over-year increase in profit in the third quarter to $17.5 million, or...
A GROUP OF EMPLOYEES from Westerly-based Washington Trust Bancorp, led by Chairman and CEO Edward O. Handy III (center), ring the opening bell Tuesday for the Nasdaq Stock Market in New York. / COURTESY NASDAQ AND WASHINGTON TRUST

Washington Trust group rings opening bell for Nasdaq

WESTERLY – A group of employees from Rhode Island-based Washington Trust Bancorp Inc. had their moment in the sun Tuesday, ringing the daily opening...
EDWARD O. HANDY III, right, recently assumed the position of chairman and CEO of Washington Trust Bancorp Inc., the Westerly-based parent of The Washington Trust Co. Handy previously served as the bank's president and chief operating officer. Mark K. W. Gim, left, will take over that role. Gim previously served as the bank's senior executive vice president of wealth management and chief strategy officer. / COURTESY WASHINGTON TRUST

Washington Trust makes leadership change official

WESTERLY – The planned leadership change at Washington Trust Bancorp Inc. became official last week. Edward O. Handy III assumed the position of chairman and...
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