Washington Trust reports $18.8M Q3 profit, record quarterly assets and deposits

Nancy Lavin

10/25/2021

WASHINGTON TRUST CO. posted an $18.8 million profit in the third quarter of 2021. / PBN FILE PHOTO/SCOTT KINGSLEY

WESTERLY - An $18.8 million profit and record-setting assets and deposits helped strengthen Washington Trust Bancorp. Inc’s third-quarter balance sheet, though year-over-year earnings remained relatively flat, the company reported on Monday. The parent company for Washington Trust Co. said the quarterly profit represents a 2.5% increase over the third quarter of 2020. Earnings per diluted…

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