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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....
Beyond the average
A piece of the Dodd-Frank financial reform law required for the first time that companies disclose the ratio of their CEO’s pay to the median salary of its employees, although the employers were allowed to exclude some workers from the calculation. / Sources: Company filings (Some companies excluded non-U.S. employees and others.)

Pay ratio disclosures show wide gaps between CEOs, employees

Out of the 19 public companies that are based in or have significant ­operations within Rhode Island and have filed proxy statements recently, 14...
COMMUNITY IMPACT: The SouthCoast Chamber of Commerce’s annual legislative luncheon on June 1 at Rachel’s Lakeside in Dartmouth will focus on taxation throughout Massachusetts and its impact on the local business community. Pictured are attendees at last year’s luncheon. / COURTESY SOUTHCOAST CHAMBER OF COMMERCE

Editor’s Choice: Discuss taxation at legislative luncheon

EDITOR’S CHOICE Discuss taxation at legislative luncheon THE SOUTHCOAST CHAMBER OF COMMERCE will host its annual legislative luncheon, offering business leaders a chance to meet with...
EDWARD O. "NED" HANDY III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. / COURTESY WASHINGTON TRUST

Five Questions With: Edward O. Handy III

Edward O. “Ned” Handy III is chairman and CEO of Washington Trust Bancorp Inc., parent of The Washington Trust Co. The Westerly based bank...
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.

Washington Trust to open new branch in North Providence

NORTH PROVIDENCE – The Washington Trust Co. expects to open a new branch in North Providence sometime around the start of 2019. Edward O. “Ned”...
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