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SEC filing of the week: Webster Bank parent sees profits fall...

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $768.7 million profit in 2024, marking an 11.4%...

SEC filing of the week: Rockland Trust parent’s profit narrows to...

PROVIDENCE – Independent Bank Corp., the parent company for Rockland Trust Co., ended 2024 with $192 million in earnings, down 19.8% over the prior...
CITIZENS FINANCIAL Group Inc.'s annual profit fell 6.2% to $1.51 billion in 2024 compared with a year earlier. / COURTESY CITIZENS FINANCIAL GROUP INC.

Citizens Financial’s profit drops 6.2% for 2024 to $1.51B

PROVIDENCE – Citizens Financial Group Inc.'s annual profit fell 6.2% to $1.51 billion in 2024 compared with a year earlier. The parent company of Citizens...
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...

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

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...
WASHINGTON TRUST BANCORP Inc., the parent company of Washington Trust Co., reports a net income of $10.9 million in the first quarter of 2024, down 14.8% from the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $10.9M profit in Q1, down 14.8%

WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., on Monday reported a net income of $10.9 million in...
BROOKLINE BANCORP INC., the parent for Bank Rhode Island, saw its third-quarter profit decrease 24.7% year over year to $22.7 million.

BankRI parent sees profits narrow to $22.7M in Q3

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...
THE WASHINGTON TRUST Bancorp Inc. reported a net income of $11.2 million in the third-quarter Tuesday, during what company chairman and CEO Edward O. Handy III called “difficult operating conditions." / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $11.2M profit in Q3, a 40% drop from...

WESTERLY – The Washington Trust Bancorp Inc. on Tuesday posted a third-quarter profit of $11.2 million, down 40.2% from $18.7 million it reported in...
BOSTON-BASED Brookline Bancorp Inc., parent company of Bank Rhode Island, has reported a second-quarter net income of $21.9 million, marking a 13% decline over a year ago. 

BankRI parent sees Q2 profit narrow to $21.9M

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

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...
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