Washington Trust(WASH)

Search documents
Compared to Estimates, Washington Trust (WASH) Q3 Earnings: A Look at Key Metrics
ZACKS· 2024-10-21 23:31
For the quarter ended September 2024, Washington Trust Bancorp (WASH) reported revenue of $48.53 million, down 0.9% over the same period last year. EPS came in at $0.64, compared to $0.65 in the year-ago quarter.The reported revenue represents a surprise of +2.57% over the Zacks Consensus Estimate of $47.32 million. With the consensus EPS estimate being $0.56, the EPS surprise was +14.29%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare ...
Washington Trust Bancorp (WASH) Tops Q3 Earnings and Revenue Estimates
ZACKS· 2024-10-21 22:21
Washington Trust Bancorp (WASH) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.56 per share. This compares to earnings of $0.65 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 14.29%. A quarter ago, it was expected that this holding company for The Washington Trust Co. Would post earnings of $0.49 per share when it actually produced earnings of $0.63, delivering a surprise of 28 ...
Washington Trust(WASH) - 2024 Q3 - Quarterly Results
2024-10-21 20:10
Exhibit 99.1 NASDAQ: WASH Contact: Elizabeth B. Eckel EVP, Chief Marketing & Corporate Communications Officer Telephone: (401) 348-1309 E-mail: ebeckel@washtrust.com Date: October 21, 2024 FOR IMMEDIATE RELEASE Washington Trust Reports Third Quarter 2024 Earnings WESTERLY, R.I., October 21, 2024 (PR NEWSWIRE)…Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced third quarter 2024 net income of $11.0 million, or $0.64 per diluted share, compared to ne ...
Washington Trust Reports Third Quarter 2024 Earnings
Prnewswire· 2024-10-21 20:05
WESTERLY, R.I., Oct. 21, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced third quarter 2024 net income of $11.0 million, or $0.64 per diluted share, compared to net income of $10.8 million, or $0.63 per diluted share, for the second quarter of 2024."Washington Trust's third quarter results remained steady, demonstrating the strength of our diversified business model, and commitment to our customers," stated Edward O. Handy I ...
Exploring Analyst Estimates for Washington Trust (WASH) Q3 Earnings, Beyond Revenue and EPS
ZACKS· 2024-10-16 14:21
In its upcoming report, Washington Trust Bancorp (WASH) is predicted by Wall Street analysts to post quarterly earnings of $0.56 per share, reflecting a decline of 13.9% compared to the same period last year. Revenues are forecasted to be $47.32 million, representing a year-over-year decrease of 3.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this time ...
Washington Trust Announces Date of Third Quarter 2024 Earnings Release, Conference Call and Webcast
Prnewswire· 2024-10-08 20:00
WESTERLY, R.I., Oct. 8, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly-owned holding company of The Washington Trust Company, will release third quarter 2024 earnings and host a conference call with the Corporation's executives as follows: Earnings Release: Monday, October 21, 2024, After Market Closes Conference Call: Tuesday, October 22, 2024, 8:30 a.m. ET Participant Dial In: 1-833-470-1428 (Toll-Free) International Dial In: Global Dial-In Numbers Access Code: 539756 Web ...
Washington Trust(WASH) - 2024 Q2 - Quarterly Report
2024-08-06 14:42
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark One) ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the quarterly period ended June 30, 2024 or ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 for the transition period from ______ to ______. Commission file number: 001-32991 WASHINGTON TRUST BANCORP, INC. (Exact name of registrant as specified in its charter) Rhode Island 05-0404671 ...
Washington Trust Bancorp (WASH)'s Technical Outlook is Bright After Key Golden Cross
ZACKS· 2024-07-29 14:55
Washington Trust Bancorp, Inc. (WASH) reached a significant support level, and could be a good pick for investors from a technical perspective. Recently, WASH's 50-day simple moving average broke out above its 200-day moving average; this is known as a "golden cross." Considered an important signifier for a bullish breakout, a golden cross is a technical chart pattern that's formed when a stock's short-term moving average breaks above a longer-term moving average; the most common crossover involves the 50-d ...
Washington Trust Promotes Scott McCaughey to Senior Vice President & Team Leader, Commercial Banking
Prnewswire· 2024-07-25 21:01
McCaughey currently serves on the Advisory Board at Saint Joseph School in West Warwick and has coached soccer and basketball in the Catholic Athletic League for more than 10 years. He holds a bachelor's degree from Stonehill College. SOURCE The Washington Trust Company WESTERLY, R.I., July 25, 2024 /PRNewswire/ -- Washington Trust ("the Bank") today announced the promotion of Scott McCaughey to Senior Vice President and Team Leader within the Commercial Banking division. In his new role McCaughey, a 30-yea ...
Washington Trust Appoints Anthony Botelho To Lead Bank's Commercial Banking Division
Prnewswire· 2024-07-24 13:30
Anthony A. Botelho, Executive Vice President and Chief Lending Officer ABOUT WASHINGTON TRUST® SOURCE The Washington Trust Company WESTERLY, R.I., July 24, 2024 /PRNewswire/ -- Washington Trust ("the Bank") today announced Anthony A. Botelho, Executive Vice President, has been appointed Chief Lending Officer and assumed responsibility for the Bank's Commercial and Industrial Lending, Commercial Real Estate Lending, Business Banking and Cash Management groups. Botelho has more than 35 years of banking experi ...