Tag: net interest income
Washington Trust Q2 profit rises 21% on lending growth, higher margins
WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., on Monday reported a $16 million profit for the second...
Citizens’ 2Q profit increases 34.6%
PROVIDENCE – Citizens Financial Group Inc. on Thursday posted a $587 million profit for the second quarter of 2026, up 34.6% year over year. The increase was...
Bank of America sees 27% increase in profit in second quarter
CHARLOTTE, N.C. – Bank of America Corp. on Tuesday reported a second-quarter profit of $9.1 billion, a 27% increase from $7.2 billion a year...
SEC filing of the week: Beacon Financial Q1 profit rises to...
BOSTON – Beacon Financial Corp. reported first-quarter profit of $46.2 million on April 29, up 142% from $19.1 million in the same period a...
Eastern Bankshares reports $65.3M first quarter profit
BOSTON – Eastern Bankshares Inc. reported first-quarter profit of $65.3 million, compared with a $217.7 million loss in the same period a year ago,...
Bank of America posts $8.6B Q1 profit on trading gains, steady...
PROVIDENCE – Bank of America Corp. on Wednesday reported a net income of $8.58 billion for the first quarter of 2026, up 17% from...
SEC filing of week: Beacon Financial Corp. reports $53.4M profit in...
BOSTON – Beacon Financial Corp., the regional bank created in September 2025 through the merger of Berkshire Hills Bancorp Inc. and Brookline Bancorp Inc....
Washington Trust bounces back to black with $52M profit in 2025
WESTERLY – Washington Trust Bancorp Inc., the parent of Washington Trust, on Wednesday reported a year-end profit of $52.2 million for 2025, reversing a...
SEC filing of the week: Eastern Bankshares reports $237M profit for...
BOSTON – Eastern Bankshares Inc., the parent company of Eastern Bank, reported a of $237 million for 2025, down roughly 40% from $395 million...
Webster Financial ends 2025 with $1B profit on stronger loans, higher...
PROVIDENCE – Webster Financial Corp., the parent company of Webster Bank N.A., reported a year-end profit of $1 billion for 2025 on Friday, up...
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