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Rhode Island Foundation names Washington Trust SVP to Board

Peter R. Phillips has been named to the Board of Directors of the Rhode Island Foundation. As the state’s largest funder of nonprofit organizations,...

Leadership in a Time of Crisis: Washington Trust

There are many words we could use to describe 2020: surreal, challenging, uncertain, unprecedented ... but at the same time, inspiring, collaborative, cooperative, and...

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...

Washington Trust reports $4.8M mortgage banking revenues in Q3

WESTERLY – The Trump administration’s push for ever-lower interest rates is squeezing banks’ earnings, just a year after Trump’s tax cuts left banks awash...

Washington Trust reports $18.8M profit in Q3

WESTERLY – Washington Trust Bancorp Inc. reported Monday a third-quarter profit of $18.8 million, a 7.4% increase from a profit of $17.5 million in...

Washington Trust ramps up dividends

WESTERLY – The board of directors of Washington Trust Bancorp Inc., parent of The Washington Trust Co., recently declared a dividend of 51 cents...

American Banker names WashTrust among ‘Best Banks to Work For’

WESTERLY – The Washington Trust Co. was recently named one of the nation’s “Best Banks to Work For” by American Banker magazine. Among 85 community...

Washington Trust encouraged that Fed expected to cut interest rates

WESTERLY – After reporting a 2.3% decline in second-quarter profit compared to the previous year, The Washington Trust Co. executives on July 22 welcomed...
WASHINGTON TRUST reported a 2.3% decrease in profit in the second quarter ended June 30, compared with the .same period last year. GREATER CITY PROVIDENCE/JEF NICKERSON

Washington Trust posts slight decrease in quarterly profit

WESTERLY – Washington Trust Bancorp Inc. reported Monday a 2.3% drop in net income in the second quarter, driven by higher rates paid on...
WASHINGTON TRUST was named No. 1 in Rhode Island for overall quality at the Banking Choice Awards this year. Above, Washington Trust Chairman and CEO Edward O. Handy III. / PBN FILE PHOTO MICHAEL SALERNO

Washington Trust earns top overall quality honor at Banking Choice Awards

PROVIDENCE – Washington Trust ranked No. 1 for overall quality of a bank in Rhode Island at the 2019 Banking Choice awards, according to...

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