Monday, September 27, 2021

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Five Questions With: Joseph Confessore

Joseph Confessore is leading The Washington Trust Co.’s new Private Clients Group, designed to provide a spectrum of banking and investment services for business...

Washington Trust launches new private client group

WESTERLY – The Washington Trust Co. has launched a new private client group designed to provide “personalized financial solutions” for business owners, executives and...

Washington Trust, BankNewport appoint new branch managers

PROVIDENCE – The Washington Trust Co. has appointed Marcus Charlemagne as assistant vice president and branch manager for the new Washington Trust branch set...
BANK OF AMERICA reported a net income of $7.2 billion in the third quarter. / BLOOMBERG NEWS FILE PHOTO/RON ANTONELLI

Bank of America’s deposits surge in R.I. on mobile banking

Going by the numbers, Bank of America had a banner year in Rhode Island. Its deposits within the state skyrocketed to $12.4 billion as...

WashTrust $17.5M profit in Q3 driven by growing commercial loans

WESTERLY – Regional banking leader Washington Trust Bancorp Inc., parent of The Washington Trust Co., posted a $17.5 million profit in the third quarter,...
BUILDERS STARTED on the most single-family homes in January in more than four years.  / BLOOMBERG FILE PHOTO/DANIEL ACKER

Washington Trust sees decline in new residential mortgage business

WESTERLY – Decreases in regional banking leader Washington Trust’s residential mortgage totals in the last quarter reflect the rise in interest rates this year...

WashTrust posts $17.5M Q3 profit

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 35.1 percent year-over-year increase in profit in the third quarter to $17.5 million, or...
WESTERLY-BASED WASHINGTON TRUST Bancorp posted net income of $17.5 million in the first quarter, driven by an increase in loans, the bank reported Monday.

Washington Trust hosts paper-shredding day Oct. 20

PROVIDENCE – The Washington Trust Co. is offering a free Community Shred Day from 10 a.m. to 1 p.m. on Oct. 20 at some...
A GROUP OF EMPLOYEES from Westerly-based Washington Trust Bancorp, led by Chairman and CEO Edward O. Handy III (center), ring the opening bell Tuesday for the Nasdaq Stock Market in New York. / COURTESY NASDAQ AND WASHINGTON TRUST

Washington Trust group rings opening bell for Nasdaq

WESTERLY – A group of employees from Rhode Island-based Washington Trust Bancorp Inc. had their moment in the sun Tuesday, ringing the daily opening...
THE WASHINGTON TRUST CO. set a record for quarterly earnings in the April-June period, with net income of $17.7 million, a 33.9 percent increase year over year.

WashTrust sets profit record in 2Q

WESTERLY – Washington Trust Bancorp Inc. on Monday reported a 33.9 percent increase in profit in the second quarter compared with the same period...

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