Washington Trust posts $69M profit in 2019

WASHINGTON TRUST CO. posted a $69.1 million profit in 2019. / PBN FILE PHOTO/SCOTT KINGSLEY
WESTERLY – Washington Trust Bancorp Inc., the parent of Westerly-based The Washington Trust Co., posted a $69.1 million profit in 2019, the company reported Monday. Year-end earnings represent a 1% increase over the $68.4 million profit in 2018. Earnings per diluted share reached $3.96, compared to $3.93 at the end of 2018. The marginal profit…

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