WESTERLY, R.I. (AP) _ Washington Trust Bancorp Inc. (WASH) on Wednesday reported net income of $20.2 million in its fourth quarter.
The bank, based in Westerly, Rhode Island, said it had earnings of $1.15 per share.
The holding company for The Washington Trust Co. posted revenue of $61.7 million in the period. Its revenue net of interest expense was $58 million, exceeding Street forecasts.
For the year, the company reported profit of $76.6 million, or $4.39 per share. Revenue was reported as $228.8 million.
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