Tag: year-end earnings
SEC filing of the week: Pangaea Logistics ends 2024 with a...
NEWPORT – Pangaea Logistics Solutions Ltd. earned a profit of $29 million for 2024, a 10% increase from $26.3 million a year ago.
In its...
CVS Health steers through rising insurance costs in a strong fourth...
CVS Health Corp. steered through rising costs in its insurance division to handily beat profit expectations on Wall Street.
The drugstore chain and pharmacy benefits...
Washington Trust reports $28.1M loss in 2024 because of ‘repositioning’ strategy
WESTERLY – Washington Trust Bancorp Inc. has posted a loss of $28.1 million for 2024 after the bank "repositioned" its balance sheet in December...
SEC filing of the week: Rockland Trust parent’s profit narrows to...
PROVIDENCE – Independent Bank Corp., the parent company for Rockland Trust Co., ended 2024 with $192 million in earnings, down 19.8% over the prior...
Citizens Financial’s profit drops 6.2% for 2024 to $1.51B
PROVIDENCE – Citizens Financial Group Inc.'s annual profit fell 6.2% to $1.51 billion in 2024 compared with a year earlier.
The parent company of Citizens...
Hasbro reports $1.49B loss in ‘challenging’ 2023
PAWTUCKET – Hasbro Inc. posted a loss of $1.49 billion in what the company called a "challenging" 2023, following a $203.5 million profit in...
BankRI parent company reports $75M profit in 2023, a drop of...
PROVIDENCE - Brookline Bancorp Inc., the parent company of Bank Rhode Island, on Thursday reported 2023 earnings of $75 million, down 31% compared to...
Washington Trust’s year-end profit declines 32.8% to $48.2M
WESTERLY – The Washington Trust Bancorp Inc. on Wednesday posted a profit of $48.2 million for 2023, down 32.8% from the $71.7 million it...
Webster Bank parent sees profits rise 35% in 2023 but decline...
STAMFORD, Conn. – Webster Financial Corp., the parent company of Webster Bank, says it recorded a $867.8 million profit in 2023, marking a 34.7%...
General Dynamics reports $3.32B profit in 2023
PROVIDENCE – General Dynamics Corp. on Wednesday reported a profit of $3.32 billion for 2023, down 2.2% from the $3.39 billion posted a year...