net interest margin - Providence Business News

THE WASHINGTON TRUST Bancorp Inc. reports a third-quarter profit of $11.0 million, down 1.4% from $11.16 million it reported in the same period a year ago. / PBN FILE PHOTO/ SCOTT KINGSLEY

Washington Trust reports slightly lower profit for Q3 on higher interest...

Economic Activity 10/22/2024

WESTERLY – Washington Trust Bancorp Inc. on Tuesday posted a third-quarter profit of $11 million, down 1.4% from $11.16 million a year ago, as...

Webster sees Q3 profit narrow to $193M

Economic Activity 10/17/2024

STAMFORD, Conn. – Webster Financial Corp. on Thursday posted a third-quarter profit of $193 million, a 14.8% decline from the same period a year...

BankRI parent sees profits rise to $14.7M in Q1

Economic Activity 04/25/2024

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Wednesday reported a profit of $14.7 million in the first quarter...

CITIZENS FINANCIAL Group Inc. saw its profit decrease 34.6% in the first quarter of 2024 compared with a same period a year ago. / PBN FILE PHOTO

Citizens Financial Group’s profit drops 34.6% in Q1

Economic Activity 04/17/2024

PROVIDENCE – Citizens Financial Group Inc. Wednesday posted a net income of $334 million in the first quarter of 2024, a decline of 34.6%...

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

Economic Activity 01/17/2024

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

Economic Activity 01/12/2024

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

BankRI parent sees profits narrow to $22.7M in Q3

Economic Activity 10/26/2023

PROVIDENCE – The parent company of Bank Rhode Island on Thursday posted a third-quarter profit of $22.7 million, down 24.7% from the same period...

BankRI parent sees Q2 profit narrow to $21.9M

Economic Activity 07/27/2023

PROVIDENCE – Boston-based Brookline Bancorp Inc., parent company of Bank Rhode Island, reported Wednesday a second-quarter net income of $21.9 million, marking a 13%...

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

Economic Activity 07/24/2023

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...