SOURCE Washington Trust Bancorp, Inc. WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers , /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release third quarter 2025 earnings and host a conference call with the Corporation's executives, as follows: | Earnings Release: | Monday, October 20, 2025, After Market Closes | | --- | --- | | Conference Call: | Tuesday, October 21, 2025, 8:30 a.m ...

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Conference Call / Webcast Information The live audio webcast of the call and presentation slides will be available in Events & Presentations in the Investor Relations section of the company's website (https://investorrelations.northwest.bank/events-and- presentations/). The general public can register for the conference call by visiting https://events.q4inc.com/attendee/273388838. After registering, they will receive instructions for downloading the meeting calendar event and signing up for email reminders. ...

Core Viewpoint - United Community Banks, Inc. is set to release its third quarter 2025 financial results on October 22, 2025, and will hold a conference call to discuss these results and the company's outlook [1][2]. Company Overview - United Community Banks, Inc. is a financial holding company with $28.1 billion in assets as of June 30, 2025, operating 200 offices across six states [3]. - The company offers a comprehensive range of banking, mortgage, and wealth management services and has a nationally recognized SBA lending franchise [3]. - United Community has received multiple accolades, including being named the most trusted bank in its region in 2025 and winning J.D. Power's award for highest customer satisfaction among consumer banks in the Southeast for 11 times [3]. - The company has been recognized as one of the "Best Banks to Work For" by American Banker for eight consecutive years and has earned five 2025 Greenwich Best Brand awards in commercial banking [3]. - Forbes has consistently listed United Community among the World's Best and America's Best Banks [3].

Core Insights - First National Bank, a subsidiary of F.N.B. Corporation, has appointed Santosh Sinha and Sundeep Tangirala as Senior Vice Presidents to enhance its AI and data science capabilities [1][3] - The focus on innovation and digital technology is aimed at driving growth and improving client experience [1] - Sinha will lead the AI strategy with an emphasis on ethical practices, while Tangirala will oversee strategic decisioning systems and regulatory models [1][3] Group 1: Company Developments - Santosh Sinha has over 10 years of experience in financial services and has previously worked as a cofounder of a technology startup and an AI researcher for the U.S. government [1][2] - Sundeep Tangirala has more than 20 years of technology experience, including nearly 15 years in the financial services sector, and previously served as Senior Vice President at PNC Bank [3][4] - F.N.B. Corporation operates in seven states and the District of Columbia, with total assets nearing $50 billion and approximately 350 banking offices [5][6] Group 2: Strategic Focus - The company aims to leverage AI, data science, and quantitative modeling to inform strategic planning and service delivery [1] - Tangirala's team will focus on identifying insights to drive revenue, efficiency, and process improvements across various departments [3] - The bank's services include commercial banking, consumer banking, and wealth management solutions, indicating a diversified service offering [6]

Core Viewpoint - Northwest Bancshares, Inc. reported strong financial performance for the second quarter of 2025, with significant revenue growth and successful integration of the Penns Woods merger, despite a decrease in net income compared to the previous quarter [1][4][5]. Financial Performance - Total revenue increased by 54% year-over-year, with net interest income rising by 12% compared to the prior year quarter [1]. - Adjusted net income for 2Q25 was $38 million, or $0.30 per diluted share, a decrease from $44 million, or $0.35 per diluted share in the prior quarter [2]. - Net income for the quarter ended June 30, 2025, was $34 million, or $0.26 per diluted share, up from $5 million, or $0.04 per diluted share in the same quarter last year, but down from $43 million, or $0.34 per diluted share in the prior quarter [1][2][14]. Interest Income and Margin - Net interest income for 2Q25 was $119.4 million, down 6.6% from the previous quarter but up 11.8% from the same quarter last year [6][21]. - The net interest margin stood at 3.56%, a decrease from 3.87% in the previous quarter but an increase from 3.20% in the same quarter last year [6][21]. Loan and Deposit Growth - Commercial C&I lending showed strong momentum with a 19% growth over the last year [1]. - Average loans receivable decreased by $120 million from the previous year, primarily due to a decline in the personal banking portfolio, while the commercial banking portfolio grew by $145 million [7]. - Average deposits increased by $68 million year-over-year, driven by higher balances in money market and interest-bearing accounts [7]. Noninterest Income and Expenses - Noninterest income grew by 9% over the prior quarter, totaling $30.9 million, with notable increases in service charges and fees [11][21]. - Total noninterest expense increased to $97.5 million, reflecting higher personnel and non-personnel expenses due to merger-related costs [12][13]. Credit Quality - The provision for credit losses was $9 million, primarily due to downgrades in the commercial real estate portfolio [9]. - Classified loans increased to $518 million, representing 4.57% of total loans, up from 2.26% a year ago [10]. Dividends - The Board of Directors declared a quarterly cash dividend of $0.20 per share, marking the 123rd consecutive quarter of dividend payments, with an annualized yield of approximately 6.3% [3].

Company Overview - Washington Trust Bancorp, Inc. is the publicly-owned holding company of The Washington Trust Company, with assets totaling $6.6 billion as of March 31, 2025 [2] - Founded in 1800, it is recognized as the oldest community bank in the United States and the largest state-chartered bank headquartered in Rhode Island [2] - The bank offers a variety of services including commercial banking, mortgage banking, personal banking, and wealth management across Rhode Island, Connecticut, and Massachusetts [2] Upcoming Earnings Release - The company will release its second quarter 2025 earnings on July 21, 2025, after market closes [1] - A conference call with the Corporation's executives is scheduled for July 22, 2025, at 8:30 a.m. ET [1] - Participants can access the call via a toll-free number or through a webcast on the company's website [1]

Core Points - Northwest Bancshares, Inc. will host a conference call to discuss its second quarter 2025 financial results on July 30, 2025, at 8:30 a.m. EDT [1] - Financial results will be released after market close on July 29, 2025 [1] Conference Call / Webcast Information - The live audio webcast and presentation slides will be available in the Investor Relations section of the company's website [2] - The public can register for the conference call through a provided link and will receive instructions for calendar event download and email reminders [2] Additional Information - Northwest Bancshares, Inc. is headquartered in Columbus, Ohio, and operates as the bank holding company for Northwest Bank, which was founded in 1896 [4] - The bank offers a full range of business and personal banking products, employee benefits, and wealth management services, with 131 full-service financial centers and eleven drive-up facilities across Pennsylvania, New York, Ohio, and Indiana [4] - The company's common stock is listed on the NASDAQ Global Select Market under the ticker "NWBI" [4]

Core Insights - Orange Bank & Trust Company has promoted Elizabeth "Liz" Jones to Executive Vice President, recognizing her significant contributions to the bank's operational efficiency and strategic growth [1][3]. Company Overview - Orange Bank & Trust Company is a leading financial institution in the Hudson Valley, focusing on commercial lending, business banking, payment processing, and wealth management services, with over $2.5 billion in assets [5]. Leadership and Achievements - Liz Jones joined the bank in 2016 and has held various leadership positions, including Chief Operating Officer, where she oversaw critical operational projects such as the bank's core conversion [2][4]. - The promotion reflects her exceptional leadership, work ethic, and ability to align the bank's structure and offerings with client needs, contributing to sustained loan and deposit growth [3][4]. Strategic Role - As Chief of Staff to the President and CEO, Jones has played a key role in driving the bank's strategic agenda and delivering on major project milestones [3].

Core Viewpoint - Community Financial System, Inc. will host a conference call to discuss its financial and operating results for the second quarter of 2025, scheduled for July 22, 2025 [1][2]. Group 1: Conference Call Details - The conference call will take place on Tuesday, July 22, 2025, at 11:00 a.m. Eastern Time [2]. - Dial-in numbers for the call include 1-833-630-0464 for U.S. participants and 1-412-317-1809 for international participants [2]. - A webcast of the call will be available at https://app.webinar.net/n7jl8918GAN, with management's prepared remarks lasting approximately 15 minutes, followed by a Q&A session [2]. Group 2: Financial Results Release - The financial results for the second quarter will be released prior to market open on July 22, 2025, and will be accessible in the 'News' section of the Company's website [3]. - A replay of the webcast will be available on the website for one year at no cost [3]. Group 3: Company Overview - Community Financial System, Inc. is a diversified financial services company with four main business lines: banking services, employee benefit services, insurance services, and wealth management services [4]. - The banking subsidiary, Community Bank, N.A., has over $16 billion in assets and operates approximately 200 customer facilities across several states [4]. - The Company also includes subsidiaries that provide employee benefits administration, insurance services, and comprehensive financial planning [4].