WESTERLY, R.I. (AP) — WESTERLY, R.I. (AP) — Washington Trust Bancorp Inc. (WASH) on Monday reported net income of $10.9 million in its first quarter.

The bank, based in Westerly, Rhode Island, said it had earnings of 64 cents per share.

The holding company for The Washington Trust Co. posted revenue of $102.4 million in the period. Its revenue net of interest expense was $48.8 million, surpassing Street forecasts.

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