Tag: Washington Trust Bancorp Inc.
Banks adjust as borrowing costs climb
In early 2022, Rhode Island’s banks were still operating in an environment defined by abundant liquidity and historically low interest rates.
COVID-19 pandemic-era stimulus programs...
Washington Trust CEO points to commercial lending, branch growth after strong...
WESTERLY – Washington Trust Bancorp Inc. Chairman and CEO Edward O. “Ned” Handy III said the bank's improved second-quarter results showed growth in commercial...
Washington Trust Q2 profit rises 21% on lending growth, higher margins
WESTERLY – Washington Trust Bancorp Inc., the parent company of The Washington Trust Co., on Monday reported a $16 million profit for the second...
Washington Trust CEO Edward Handy honored by Junior Achievement of Rhode...
WESTERLY – Edward O. “Ned” Handy III, chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co., has been named...
Washington Trust adds tech executive Jeffrey M. Wilhelm to board
WESTERLY – Washington Trust Bancorp Inc. has elected technology and cybersecurity executive Jeffrey M. Wilhelm to the boards of the company and its subsidiary...
Washington Trust CEO: Q1 results mixed amid wealth and institutional push
WESTERLY – Washington Trust Bancorp Inc. CEO and Chairman Edward O. “Ned” Handy III said Tuesday that the company's first-quarter results reflected uneven fee...
Washington Trust CEO eyes stronger margins in 2026
WESTERLY – Washington Trust Bancorp Inc., the parent of The Washington Trust Co., is poised for higher profitability in 2026 as a costly interest...
Washington Trust bounces back to black with $52M profit in 2025
WESTERLY – Washington Trust Bancorp Inc., the parent of Washington Trust, on Wednesday reported a year-end profit of $52.2 million for 2025, reversing a...
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...
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