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BankRI’s new parent company posts $56.3M loss after Brookline-Berkshire merger

BOSTON – Beacon Financial Corp., the holding company of Bank Rhode Island, reported a third-quarter net loss of $56.3 million on Wednesday, reversing a...
WASHINGTON TRUST CEO Edward O. “Ned” Handy III says the sharp increase in loan charge-offs wase caused by two isolated and unusual setbacks. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust execs call $11.4M in loan charge-offs isolated

WESTERLY – Washington Trust Bancorp Inc. executives called two recent commercial loan charge-offs totaling $11.4 million isolated setbacks after reporting a 2% dip in...

Washington Trust posts $10.8M Q3 profit, down 2% year over year

WESTERLY – Washington Trust Bancorp Inc., the parent company of Washington Trust, posted a third-quarter profit of $10.8 million on Monday, down 2% compared with...

Webster Financial Q3 profit jumps 35% year over year to $261.2M

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank N.A., reported a third-quarter profit of $261.2 million on Friday, an increase...

Citizens Financial posts $494M profit in Q3, up 29% year over...

PROVIDENCE – Citizens Financial Group Inc. on Wednesday reported a third-quarter profit of $494 million, an increase of 29% from a year ago driven...

HarborOne Bank parent posts $8.1M Q2 profit

BROCKTON, Mass. – HarborOne Bancorp Inc., parent of HarborOne Bank, reported $8.1 million in second-quarter profit on Thursday, up 11% from the $7.3 million...

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...
WEBSTER FINANCIAL Corp., the parent company of Webster Bank, recorded a $226.9 million profit in the first quarter of 2025, up nearly 5% from the $216.3 million it made in the first quarter of 2024. / PBN FILE PHOTO

Webster Financial Corp. reports $226.9M in Q1 profit

STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, on Thursday said it recorded a $226.9 million profit in the first...
BROOKLINE BANCORP, the parent company of Bank Rhode Island, posted their first-quarter earnings statement on Wednesday. / COURTESY OF BROOKLINE BANKCORP

Bank Rhode Island’s parent company Q1 profit up 30%

BOSTON – Brookline Bancorp Inc., the parent company of Bank Rhode Island, reported a net income of $19.1 million in the first quarter of...
THE WASHINGTON TRUST Bancorp Inc. reported a profit of $12.2 million for the first quarter of 2025, an increase of 11% from the $10.9 million posted in the same period a year ago. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports profit up 11% to $12.2M in Q1

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a profit of $12.2 million for the first quarter, an increase of 11% from the...
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