Washington Trust Bancorp (WASH) Tops Q1 EPS by 5c

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Go back to Washington Trust Bancorp (WASH) Tops Q1 EPS by 5c

Washington Trust Reports First Quarter 2019 Earnings

April 22, 2019 6:00 AM EDT

WESTERLY, R.I., April 22, 2019 (GLOBE NEWSWIRE) -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced first quarter 2019 net income of $17.5 million, or $1.00 per diluted share, compared to net income of $17.0 million, or $0.98 per diluted share, reported for the fourth quarter of 2018.

Washington Trust posted solid first quarter earnings and earnings per share, stated Edward O. Handy III, Chairman and Chief Executive Officer.  We had good activity across all business lines resulting from favorable market conditions, recent branch expansion, and continued marketing and business development... More