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Webster’s Q2 profit soars 42.5% year over year to $258.8M

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, reported a profit of $258.8 million for the second quarter of this...

Citizens posts $436M profit in Q2

PROVIDENCE – Citizens Financial Group Inc. posted a profit of $436 million for the second quarter of 2025 on Thursday, an 11% increase year-over-year. The...

Bank of America reports $7.12B profit in Q2, surpasses earnings expectations

CHARLOTTE, N.C. – Bank of America Corp. reported a $7.12 billion second-quarter profit Wednesday, a 3% increase from $6.9 billion the nation's second-largest bank...

SEC filing of the week: Beeline posts $6.9M loss in first...

PROVIDENCE – Beeline Holdings Inc., a financial technology mortgage lender, reported a loss of $6.9 million in its first quarter as a publicly traded...

Legislation targets R.I.’s sports betting monopoly

New state legislation submitted in both the House and Senate is looking to upend the monopoly in Rhode Island’s sports betting market as revenue...

HARI: R.I. hospitals generate $11.7B in economic output in 2024

PROVIDENCE – Hospitals in Rhode Island supported more than 60,000 jobs and generated about $11.7 billion in economic output in 2024, according to a...

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%...

Looking ahead

Are you optimistic that 2025 will be a good year for your company?  Yes: 80% Somewhat: 20% No: 0% What growth is your company hoping for this year?...

Hasbro confirms pending layoffs, reports Q3 profit of $223.2M

PAWTUCKET – Hasbro Inc. posted a third-quarter profit of $223.2 million on Thursday, up from a $171 million loss in the same period a...

Hasbro CEO bullish on the ‘power of play’ 

PROVIDENCE – Chris Cocks, Hasbro Inc. CEO and president, is confident that in today’s recreational gaming economy, customers need not age out as the...
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