Tag: net interest margin
SEC filing of the week: Beacon Financial Q2 profit doubles as...
BOSTON – Beacon Financial Corp. reported second-quarter profit more than double its earnings from a year earlier on Wednesday as the bank continued operating...
Webster Bank parent posts $257M Q2 profit as Santander deal moves...
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, reported second-quarter profit of $256.8 million after markets closed Tuesday, a slight...
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...
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,...
Washington Trust Q1 profit rises 3.3% to $12.6M
WESTERLY – The Washington Trust Bancorp Inc. reported first-quarter profit of $12.6 million on Monday, up 3.3% from $12.2 million in the same period...
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...
Citizens Financial Q1 profit rises to $517M on margin expansion, fee...
PROVIDENCE – Citizens Financial Group Inc. on Thursday reported a profit of $517 million in the first quarter of 2026, a 39% increase from...
Washington Trust CEO eyes stronger margins in 2026
WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...
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...
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