Washington Trust Bancorp (WASH) Reports In-Line Q1 EPS

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Washington Trust Reports First Quarter 2016 Earnings

April 27, 2016 8:12 AM EDT

WESTERLY, R.I., April 27, 2016 (GLOBE NEWSWIRE) -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced net income of $10.9 million, or $0.64 per diluted share, for the first quarter of 2016, up from net income of $10.7 million, or $0.62 per diluted share, reported for the fourth quarter of 2015. 

"Washington Trust continued to post solid earnings in the latest quarter," stated Joseph J. MarcAurele, Washington Trust Chairman and CEO.  "We recently opened a new retail branch on the East Side of Providence, Rhode Island, and have selected a... More