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 ...

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 ...

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 ...

Washington Trust Bancorp, Inc. (NASDAQ:WASH) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Elizabeth Eckel - EVP, Chief Marketing & Corporate Communications Officer Ned Handy - Chairman & CEO Ron Ohsberg - Senior EVP, CFO & Treasurer Mary Noons - President & COO Bill Wray - Senior EVP & CRO Conference Call Participants Mark Fitzgibbon - Piper Sandler Damon DelMonte - KBW Laurie Hunsicker - Seaport Research Operator Good morning, and welcome to Washington Trust Bancorp, Inc.' ...

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: July 22, 2024 FOR IMMEDIATE RELEASE Washington Trust Reports Second Quarter 2024 Earnings WESTERLY, R.I., July 22, 2024 (PR NEWSWIRE)…Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced second quarter 2024 net income of $10.8 million, or $0.63 per diluted share, compared to net in ...

WESTERLY, R.I., July 22, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced second quarter 2024 net income of $10.8 million, or $0.63 per diluted share, compared to net income of $10.9 million, or $0.64 per diluted share, for the first quarter of 2024. "Washington Trust's second quarter performance reflects our continued focus on successfully managing through current economic conditions, while positioning the company for future ...

Analysts predict that the 'Total noninterest income' will reach $15.15 million. The estimate is in contrast to the year-ago figure of $14.33 million. Wall Street analysts expect Washington Trust Bancorp (WASH) to post quarterly earnings of $0.49 per share in its upcoming report, which indicates a year-over-year decline of 25.8%. Revenues are expected to be $46.06 million, down 3.7% from the year-ago quarter. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earn ...

Shares of Washington Trust Bancorp rallied for the fourth straight trading session. With the Federal Reserve keeping an eye on unemployment reports and cooling inflation numbers, market participants are projecting interest rate cuts as early as during the September FOMC meeting. Thus, this is a positive development for banks that are already reeling under the Fed's aggressive monetary tightening. As the rates come down, so will banks' funding costs. Hence, the investors turned bullish on banking sector stoc ...

Washington Trust was recently named to the Forbes' Best-In-State Banks list for the fourth consecutive year. Forbes partnered with Statista Inc., the world-leading statistics portal and industry ranking provider, to conduct an independent survey. The firm gathered feedback from respondents on their level of satisfaction with their bank, and their willingness to recommend it to others, and to rate the organization on such criteria as: customer service, the quality of financial advice offered by representativ ...

WESTERLY, R.I., July 9, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly-owned holding company of The Washington Trust Company, will release second quarter 2024 earnings and host a conference call with the Corporation's executives as follows: Webcast: Washington Trust Bancorp's website, https://ir.washtrust.com ABOUT WASHINGTON TRUST BANCORP, INC. SOURCE Washington Trust Bancorp, Inc. Earnings Release: Monday, July 22, 2024, After Market Closes Conference Call: Tuesday, July ...