Washington Trust Bancorp (WASH) Tops Q3 EPS by 1c

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Washington Trust Reports Third Quarter 2017 Earnings

October 23, 2017 4:05 PM EDT

WESTERLY, R.I., Oct. 23, 2017 (GLOBE NEWSWIRE) -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced third quarter 2017 net income of $13.0 million, or $0.75 per diluted share, compared to $13.2 million, or $0.76 per diluted share, reported for the second quarter of 2017.

Washington Trusts third quarter performance reflects our continued success at growing our key business lines, stated Joseph J. MarcAurele, Washington Trust Chairman and Chief Executive Officer.  Our diversified revenue streams were integral to our solid quarterly results, allowing us to maintain our strong profitability metrics.

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