Tag: Washington Trust Bancorp Inc.
Washington Trust announces stock buyback program
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
With an evolving mixture of millennials and older customers, local banks and credit unions increasingly face a dilemma when it comes to rapidly evolving...
Washington Trust reports $16M Q1 profit
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...
Retiring CEO John Bowen has helped JWU expand and prosper. What...
For 44 years, John J. Bowen has been a fixture in the Johnson & Wales University community. In January, the chancellor, president and CEO...
Washington Trust provides $19M for East Providence apartments
EAST PROVIDNECE – The Washington Trust Co. recently provided $19.6 million in financing for a 134-unit apartment complex in East Providence.
The deal was made...
Washington Trust boosts dividend to 43 cents per share
WESTERLY – Washington Trust Bancorp Inc. board of directors last week approved a 43 cent per share dividend for this year’s first quarter, marking...
Washington Trust makes leadership change official
WESTERLY – The planned leadership change at Washington Trust Bancorp Inc. became official last week.
Edward O. Handy III assumed the position of chairman and...
Banks are optimistic tax reform will benefit the bottom line long-term
The Rhode Island banking community has largely celebrated the sweeping tax overhaul approved by Congress that among other things lowered the corporate tax rate...
Washington Trust provides $7.4M for Connecticut retail center
WESTERLY – The Washington Trust Co. recently provided $7.4 million to finance a mixed-use property in Rocky Hill, Conn.
The deal was made with Woodgreen...
Brookline Bancorp 2017, 4Q profit fall after new tax law
BOSTON – Brookline Bancorp Inc. suffered a $9 million noncash charge on deferred tax assets stemming from the federal tax overhaul, depressing both full-year...