Washington Trust reports $18M Q3 profit

WASHINGTON TRUST Bancorp Inc. posted an $18 million profit for the third quarter of 2020, the company announced Monday. / PBN FILE PHOTO/SCOTT KINGSLEY
WESTERLY – Washington Trust Bancorp Inc. reported an $18.3 million profit for the third quarter, propelled by new records within mortgage banking activity, the company announced on Monday. The parent company for The Washington Trust Co. saw year-over-year earnings tick down 2.6% over the $18.8 million profit in the third quarter of 2019. Earnings per…

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