Washington Trust reports $17.5M Q2 profit

WASHINGTON TRUST CO. posted a $17.5 million profit in the second quarter of 2021. / PBN FILE PHOTO/SCOTT KINGSLEY
WESTERLY – While the real estate market remains as hot as ever, mortgage profits have diminished for Washington Trust Bancorp Inc., which saw its quarterly mortgage banking revenue cut by more than half compared to a year ago, the company reported on Wednesday. The loss of mortgage banking revenue contributed to the overall 17% decline…
Free Access WeekRegister to read all articles free until July 29! One week only, get full access to all articles on PBN.com when you create a complimentary account. Register Now Already a Subscriber or Registrant? Login now

No posts to display