Washington Trust CEO cites deposit growth, loan workout after strong Q3

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WESTERLY – Washington Trust Bancorp Inc. Chairman and CEO Edward O. “Ned” Handy III said deposit growth, improved lending margins and a successful commercial real estate loan restructuring helped support the bank’s strong third-quarter results. On Monday, the parent company of the Washington Trust Co. reported $19.4 million in profit, up 79% from $10.8 million […]

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