CSIMarket

Washington Trust Bancorp Inc  (WASH)
Other Ticker:  
 
    Sector  Financial    Industry Commercial Banks
   Industry Commercial Banks
   Sector  Financial
 
Price: $49.2000 $-0.39 -0.786%
Day's High: $49.4 Week Perf: -2.9 %
Day's Low: $ 48.68 30 Day Perf: -7.54 %
Volume (M): 41 52 Wk High: $ 60.96
Volume (M$): $ 2,022 52 Wk Avg: $52.97
Open: $49.40 52 Wk Low: $45.60



 Market Capitalization (Millions $) 857
 Shares Outstanding (Millions) 17
 Employees 582
 Revenues (TTM) (Millions $) 226
 Net Income (TTM) (Millions $) 75
 Cash Flow (TTM) (Millions $) -34
 Capital Exp. (TTM) (Millions $) 4

Washington Trust Bancorp Inc

Washington Trust Bancorp, Inc., a publicly-owned registered bank holding company and financial holding company, was organized in 1984 under the laws of the state of Rhode Island. The Bancorp owns all of the outstanding common stock of The Washington Trust Company, of Westerly (the “Bank”), a Rhode Island chartered commercial bank founded in 1800. The Bancorp was formed in 1984 under a plan of reorganization in which outstanding common shares of the Bank were exchanged for common shares of the Bancorp.

Through its subsidiaries, the Bancorp offers a comprehensive product line of banking and financial services to individuals and businesses, including commercial, residential and consumer lending, retail and commercial deposit products, and wealth management services through its offices in Rhode Island, eastern Massachusetts and Connecticut; its automated teller machine (“ATM”) networks; and its Internet website at www.washtrust.com. The Bancorp’s common stock is traded on the NASDAQ OMX® Market under the symbol “WASH.”

Washington Trust manages its operations through two business segments: Commercial Banking and Wealth Management Services. Activity not related to the segments, including activity related to the investment securities portfolio, wholesale matters and administrative units are considered Corporate.

Washington Trust offers a variety of commercial and retail lending products. Interest rates charged on loans may be fixed or variable and vary with the degree of risk, loan term, underwriting and servicing costs, loan amount, and the extent of other banking relationships maintained with customers. Rates are further subject to competitive pressures, the current interest rate environment, availability of funds, and government regulations.

Residential real estate loans are primarily originated by commissioned mortgage originator employees. Residential real estate loans are originated both for sale in the secondary market as well as for retention in the Bank’s loan portfolio.

The Board of Directors of the Bank monitors credit risk management through two committees, the Finance Committee and the Audit Committee. The Finance Committee has primary oversight responsibility for the credit granting function, including approval authority for credit granting policies, review of management’s credit granting activities and approval of large exposure credit requests. The Audit Committee oversees various systems and procedures performed by management to monitor the credit quality of the loan portfolio, conduct a loan review program, maintain the integrity of the loan rating system and determine the adequacy of the allowance for loan losses. The Audit Committee also approves the policy and methodology for establishing the allowance for loan losses. These committees report the results of their respective oversight functions to the Bank’s Board of Directors. In addition, the Bank’s Board of Directors receives information concerning asset quality measurements and trends on a regular basis.

Investment activity is monitored by an Investment Committee, the members of which also sit on the Corporation’s Asset/Liability Committee (“ALCO”). Asset and liability management objectives are the primary influence on the Corporation’s investment activities. However, the Corporation also recognizes that there are certain specific risks inherent in investment portfolio activity. The securities portfolio is managed in accordance with regulatory guidelines and established internal corporate investment policies that provide limitations on specific risk factors such as market risk, credit risk and concentration, liquidity risk and operational risk to help monitor risks associated with investing in securities.

The Bank has two registered investment adviser subsidiaries, Weston Financial Group, Inc. (“Weston Financial”) and Halsey Associates, Inc. (“Halsey”). Weston Financial and its broker-dealer and insurance agency subsidiaries were acquired by the Bancorp in August 2005. Weston Financial is located in Wellesley, Massachusetts. Halsey was acquired by the Bancorp in August 2015 and is located in New Haven, Connecticut. The acquisitions of Weston Financial and Halsey expanded the geographic reach of Washington Trust’s wealth management business.



   Company Address: 23 Broad Street Westerly, 2891 RI
   Company Phone Number: 348-1200   Stock Exchange / Ticker: NASDAQ WASH
   WASH is expected to report next financial results on November 07, 2022.


Customers Net Income grew by WASH's Customers Net Profit Margin grew to

94.14 %

11.14 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

Year to Date Decrease / Increase
     
ABTX   -0.3%    
CBSH   -1.41%    
CFR        5.63% 
NBHC   -13.69%    
PB   -5.88%    
WSFS   -8.11%    
BAC   -31.29%    
C   -29.86%    
COF   -36.78%    
GE   -32.93%    
• View Complete Report
   



Smart Powerr Corp.

Smart Powerr Corp reported Sales were unchanged from the same period a year ago in the fourth quarter of 2021

In the fourth quarter of 2021 Smart Powerr Corp posted a loss of $-1.96 per share compared to $1.39 a year ago and increased losses from $-0.08 per share from the previous quarter.

Evi Industries Inc.

Despite Very Strong Sales EPS Fell

Evi Industries Inc announced earnings per share of $0.05 and Sales of $60.04 millions in the most recent fiscal period, Company's income fell sharply by -90.74 % per share, versus $0.55 eps, earned in the same quarter a year ago, although Evi Industries Inc saw its Sales rise by 28.32% in the same period.

Alpha Healthcare Acquisition Corp. Iii

Alpha Healthcare Acquisition Corp. Iii records $0.27 million tax charge

The fiscal period ending Jun 30 2022 earnings vanished, due to hefty $0.27 million tax charge, resulting in $-0.02 loss per share

Alzamend Neuro Inc.

Losses Widen by Alzamend Neuro Inc in the first quarter of 2022 earnings season report

In the first quarter of 2022 earnings season Alzamend Neuro Inc increased losses of $-0.03 per share compared to $0.00 a year ago and eps fell from $0.07 per share from the previous quarter.

Mind Technology Inc

Redemption of Losses by Mind Technology Inc in the financial period ending Jul 31 2022 release

In the financial period ending Jul 31 2022 Mind Technology Inc decreased loss of $-0.21 per share compared to $-0.24 a year ago and improved from $-0.24 per share from the previous quarter.






 

Washington Trust Bancorp Inc's Segments
 
 
• View Complete Report


       
Economy


Advance Monthly Sales

Consumer Price Index CPI

Producer Price Index PPI

Retail Inventories

Personal Income

Gross Domestic Product GDP

Money Supply

Industrial Production

Productivity

Employment Situation

US International Trade

Factory Orders

Durable Goods

Construction Spending

Housing Starts

Vehicle Unit Sales

Stocks


Event Calendar

TBSA's Profile

Stock Price

TBSA's Financials

Business Description

Fundamentals

Charts & Quotes

TBSA's News

Suppliers

TBSA's Competitors

Customers & Markets

Economic Indicators

TBSA's Growth

Company Segments

Screening


Stock Performance

Growth Rates

Profitability

Valuation

Dividend

Financial Strength

Efficiency

Largest Companies

Management Effectivness

Industries


At a Glance

Performance

Growth Rates

Profitability

Valuation

Financial Strength

Markets


At a Glance

Stocks

Cryptocurrencies

Sectors & Industries

Commodities

Currencies

Help


Sitemap

Advertise

About us

Glossary


Financial Terms

Technical Analysis

Fundamental Analysis

Energy Terms

Manufacturing Terms

Transportation Terms

Health Care

Insurance Terms

Economy Terms

Hotel & Leisure Terms

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research.    Copyright © 2022 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com
CSIMarket.com 1500 N. University Drive, Coral Springs, FL 33071