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WASHINGTON TRUST BANCORP INC. posted profits of $16.5 million in the first quarter of 2022 and a record amount of in-market deposits. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports record in-market deposits as 1st quarter earnings decline

WESTERLY – Washington Trust Bancorp Inc. continues to stake its claim in the Rhode Island market, boasting a quarterly record of $4.7 billion in-market...

Washington Trust announces first-ever ESG report

WESTERLY – A diverse staff and board, community donations and energy efficient buildings are among the highlights Washington Trust Bancorp Inc. laid out in...

Washington Trust elects 2 new board members

WESTERLY – Washington Trust Bancorp. Inc. recently named two new members to its board of directors, according to a news release. Joseph P. Gencarella, former...
WASHINGTON TRUST BANCORP INC. posted an $76.9 million profit for 2021, including record in-market deposits, wealth management income and residential mortgage loan originations. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust reports $77M 2021 earnings and record in-market deposits

WESTERLY – New residential mortgage loans, wealth management services and deposit account growth helped Washington Trust Bancorp Inc. post $76.9 million in net income...

Washington Trust announces 5% stock buyback plan

WESTERLY – Washington Trust Bancorp Inc. is buying back up to 5% shares under a stock repurchase program adopted by the corporation’s board of...

Washington Trust reports $18.8M Q3 profit, record quarterly assets and deposits

WESTERLY - An $18.8 million profit and record-setting assets and deposits helped strengthen Washington Trust Bancorp. Inc’s third-quarter balance sheet, though year-over-year earnings remained...

Washington Trust reports $17.5M Q2 profit

WESTERLY – While the real estate market remains as hot as ever, mortgage profits have diminished for Washington Trust Bancorp Inc., which saw its...

Washington Trust reports $20.5M Q1 profit

WESTERLY – Washington Trust Bancorp Inc. saw its first-quarter earnings rise more than 72% compared to the first quarter of 2020, the company reported...

Washington Trust reports $69.8M 2020 profit, ‘record’ mortgage banking income

WESTERLY – Despite a year of economic volatility in which many financial institutions reported significant profit losses, Washington Trust Bancorp Inc. saw its 2020...

Caution in PPP loan spending bolsters Washington Trust Q3 deposits

WESTERLY – The Washington Trust Co. continues to see deposits increase, in part due to federal forgivable payroll loans that some recipients still haven’t...
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