Tag: Washington Trust Bancorp Inc.
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...
OFF WALL STREET: ‘You don’t need to go [outside R.I.] to...
As much as technology is reshaping financial services, at The Washington Trust Co. soft skills continue to be “a cornerstone of our culture,” said...
Washington Trust parent reports 22% increase in Q2 profits year over...
WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., reported a $13.2 million profit for the second quarter of...
Washington Trust gears up to celebrate 225th anniversary this summer
WESTERLY – Founded in Rhode Island and recognized as the nation’s oldest community bank, The Washington Trust Co. is celebrating its 225th birthday this...
Washington Trust earns $7M in leasebacks for 5 branch locations in...
WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., earned $7 million after completing sales leaseback transactions on five...
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...
Washington Trust reports $28.1M loss in 2024 because of ‘repositioning’ strategy
WESTERLY – Washington Trust Bancorp Inc. has posted a loss of $28.1 million for 2024 after the bank "repositioned" its balance sheet in December...
Washington Trust sells assets at a $70M loss to improve earnings...
WESTERLY – Washington Trust Bancorp Inc. says it is "repositioning" its balance sheet in a strategy that has the company selling off low-yielding assets...
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...
Washington Trust discloses $2.1M income from lawsuit against 4 former advisers
WESTERLY – Washington Trust Bancorp Inc. has been paid $2.1 million to settle its federal lawsuit against four wealth advisers who quit in September...
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