Washington Trust Bancorp Inc. - Page 4 of 6

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

Financial Services 01/27/2021

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

Financial Services 10/23/2020

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

Washington Trust reports $18M Q3 profit

Financial Services 10/19/2020

WESTERLY – Washington Trust Bancorp Inc. reported an $18.3 million profit for the third quarter, propelled by new records within mortgage banking activity, the...

Strong housing market bolsters Washington Trust earnings

Financial Services 07/24/2020

WESTERLY – The world might still be turned upside down by COVID-19, but you wouldn’t know it looking at Washington Trust Bancorp Inc.’s latest...

Washington Trust Bancorp posts $21M quarterly profit

Economic Activity 07/20/2020

WESTERLY – Washington Trust Bancorp. Inc, the parent company for Westerly-based The Washington Trust Co., saw second-quarter earnings increase 21% year over year, including...

THE WASHINGTON TRUST CO. posted an $11.9 million profit in the first quarter of 2020, a 32% decline from one year prior. / PBN FILE PHOTO/SCOTT KINGSLEY

Washington Trust posts $11.9M Q1 profit, 32% drop from last year

Financial Services 04/27/2020

WESTERLY – Washington Trust Bancorp. Inc., the parent company for Westerly-based The Washington Trust Co., saw a 32% drop in profit compared to the...

Washington Trust announces stock buyback program

Financial Services 12/09/2019

WESTERLY – Washington Trust Bancorp Inc. is seeking to repurchase up to 850,000 shares, or 5%, of the company’s outstanding common stock over the...

Balancing demand for touch and tech

Financial Services 06/22/2018

With an evolving mixture of millennials and older customers, local banks and credit unions increasingly face a dilemma when it comes to rapidly evolving...

EDWARD O. Handy III is the chairman and CEO of Westerly-based Washington Trust Bancorp Inc., the second largest Rhode Island-based bank. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust reports $16M Q1 profit

Economy 04/20/2018

WESTERLY – Washington Trust Bancorp Inc. on Friday reported record-breaking quarterly profit, which grew 37.6 percent to $16.2 million, or 93 cents per diluted...