Tag: Washington Trust Bancorp Inc.
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...
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...
Former Providence mayor is one of two named to Washington Trust...
WESTERLY – Former Providence Mayor Angel Taveras will join Washington Trust Bancorp Inc.'s board of directors starting March 1.
The parent company of The Washington...
Washington Trust’s year-end profit declines 32.8% to $48.2M
WESTERLY – The Washington Trust Bancorp Inc. on Wednesday posted a profit of $48.2 million for 2023, down 32.8% from the $71.7 million it...