Payload Logo
Business News

Washington Trust: Q1 Earnings Snapshot

By AP News
Published

WESTERLY, R.I. (AP) — WESTERLY, R.I. (AP) — Washington Trust Bancorp Inc. (WASH) on Monday reported net income of $10.9 million in its first quarter.

The bank, based in Westerly, Rhode Island, said it had earnings of 64 cents per share.

The holding company for The Washington Trust Co. posted revenue of $102.4 million in the period. Its revenue net of interest expense was $48.8 million, surpassing Street forecasts.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WASH at https://www.zacks.com/ap/WASH

📬 Sign up for the Daily Brief

Our free, fast and fun briefing on the global economy, delivered every weekday morning.