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CVS Health beats Q4 expectations, but trims annual outlook as costs...

CVS Health Corp.'s fourth-quarter profit fell as the drugstore chain and pharmacy benefits manager dealt with increased operating costs. Still, its adjusted profit and...

BankRI parent company reports $75M profit in 2023, a drop of...

PROVIDENCE - Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Thursday reported 2023 earnings of $75 million, down 31% compared to...
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...
WEBSTER FINANCIAL Corp., parent company of Webster Bank, reported a $867.8 million profit in 2023, marking a 34.7% increase over the year prior.

Webster Bank parent sees profits rise 35% in 2023 but decline...

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...
GENERAL DYNAMICS Corp. on Wednesday reported a profit of $3.32 billion for 2023, a decline of 2.2% from the year before. / COURTESY GENERAL DYNAMICS ELECTRIC BOAT

General Dynamics reports $3.32B profit in 2023

PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.32 billion for 2023, down 2.2% from the $3.39 billion posted a year...
TEXTRON INC. says its net income for 2023 was $921 million, an increase from $861 million one year prior. / COURTESY TEXTRON INC.

Textron reports $921M profit for 2023, up 7%

PROVIDENCE – Textron Inc. on Wednesday reported that its net income for 2023 was $921 million, an increase from $861 million one year prior.  Earnings...
RTX CORP., formerly Raytheon Technologies Corp., says it recorded a year-end profit of $3.2 billion in 2023, a decline from $5.2 billion a year prior.

RTX Corp. posts $3.2B year-end profit, down 39% from 2022

ARLINGTON, Va. – RTX Corp., formerly Raytheon Technologies Corp., reported a 2023 year-end profit of $3.2 billion, or $2.23 per share, a decline from...
CITIZENS FINANCIAL Group Inc. reported a profit of $1.61 billion in 2023, a decrease from $2.1 billion a year earlie. / COURTESY HORVATH & TREMBLAY

Citizens Financial’s profit drops 22% for 2023 to $1.61B

PROVIDENCE – Citizens Financial Group Inc.'s annual profit fell 22% to $1.61 billion in 2023 compared with a year earlier as the rising cost...
BANK OF AMERICA Corp. saw its fourth-quarter profit fall more than 50% from a year earlier because of lingering banking industry headwinds. / AP FILE PHOTO/MICHAEL DWYER

Bank of America profits fall 50% in fourth quarter of 2023

NEW YORK (AP) – Bank of America Corp. saw its fourth-quarter profit fall more than 50% from a year earlier as the banking industry...

General Dynamics reports $3.4B profit in 2022

PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.4 billion for 2022, a 4.1% increase year over year.  Earnings of $12.19 per...
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