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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...
WASHINGTON TRUST ranked No. 32 among mid-tier banks for earnings performance, according to the latest annual ranking by American Banker magazine. Above, Mark Gim, the bank’s president and chief operating officer. / PBN FILE PHOTO/MICHAEL SALERNO

Washington Trust named among top-performing banks

WESTERLY - The Washington Trust Co. ranked among the nation’s top 50 mid-sized banks, based on a three-year rolling average of earnings performance, according...
FROM LEFT: Brian Baldizar, assistant principal, Classical High School; Thomas Flanagan, chief academic officer, Providence Public Schools; Zawadi J. Hawkins-Gladstone, principal, Dr. Jorge Alvarez High School; Seth Magaziner, R.I. General Treasurer; Edward O. “Ned” Handy III, chairman & CEO, The Washington Trust Co.; Christopher Coleman, principal, Mt. Pleasant High School; and Judy Fried, assistant principal, Providence Career and Technical Academy, mark the success of Washington Trust’s financial literacy program at the bank’s East Side of Providence branch. / COURTESY THE WASHINGTON TRUST CO.

Washington Trust honored for its educational partnership promoting financial literacy

PROVIDENCE – The Washington Trust Co. has been awarded the 2018 Financial Capability Innovation Award by EverFi Inc. and its Financial Capability Network for...
TURKEY TIME: Washington Trust employees volunteer at the Pawtucket Thanksgiving Basket Drive in November, helping to assemble food boxes.
 / COURTESY THE Washington Trust Co.

The Washington Trust Co.

BEST PLACES TO WORK 2018 3. ENTERPRISE | The Washington Trust Co. Employees in R.I.: 501 Chairman and CEO Edward O. Handy III Questions answered by: Edward O....
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