Anuncio • Apr 29
Washington Trust Bancorp, Inc. Appoints Jeffrey M. Wilhelm to its Board and Audit Committee, Effective April 28, 2026 Washington Trust Bancorp, Inc. announced that Jeffrey M. Wilhelm, an industry leader with more than 25 years of data, technology and digital transformation experience, has been elected to the boards of the Corporation and its subsidiary bank, The Washington Trust Company, effective April 28, 2026. Wilhelm will also serve on the Audit Committees of both companies. Wilhelm is the founder and chief executive officer of Infused Innovations, a strategic technology consulting firm specializing in digital transformation, cloud engineering, cybersecurity and AI. He has held senior corporate and consulting roles across a range of industries and partnered with global teams to develop and responsibly deploy data-driven solutions to complex business and technology challenges. Wilhelm is active in civic, educational, and innovation-focused organizations across Rhode Island, serving on the Rhode Island Artificial Intelligence Taskforce and the Rhode Island Foundation's AI Advisory Committee, and as an advisor to the University of Rhode Island's Launch Lab. He is also chair of the North Kingstown Town Council's Information Technology Advisory Committee. Anuncio • Apr 21
Washington Trust Bancorp, Inc. Announces Net Charge Offs for the First Quarter Ended March 31, 2026 Washington Trust Bancorp, Inc. announced net charge offs for the first quarter ended March 31, 2026. The company recorded $10,000 of net charge-offs in the first quarter, compared to $2,304,000 a year ago. Anuncio • Apr 09
Washington Trust Bancorp, Inc. to Report Q1, 2026 Results on Apr 20, 2026 Washington Trust Bancorp, Inc. announced that they will report Q1, 2026 results After-Market on Apr 20, 2026 Anuncio • Mar 19
Washington Trust Bancorp, Inc. Announces Dividend for the Quarter Ending March 31, 2026, Payable on April 10, 2026 Washington Trust Bancorp, Inc.,declared a quarterly dividend of 56 cents per share for the quarter ending March 31, 2026. The dividend will be paid April 10, 2026 to shareholders of record on April 1, 2026. Anuncio • Feb 10
Washington Trust Bancorp, Inc., Annual General Meeting, Apr 28, 2026 Washington Trust Bancorp, Inc., Annual General Meeting, Apr 28, 2026. Anuncio • Jan 16
Washington Trust Bancorp, Inc. to Report Q4, 2025 Results on Jan 28, 2026 Washington Trust Bancorp, Inc. announced that they will report Q4, 2025 results After-Market on Jan 28, 2026 Anuncio • Dec 19
Washington Trust Bancorp, Inc. Announces Quarterly Dividend, Payable on January 14, 2026 to The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending December 31, 2025. The dividend will be paid January 14, 2026 to shareholders of record on January 2, 2026. Anuncio • Oct 21
Washington Trust Bancorp, Inc. Reports Net Charge-Offs for the Third Quarter Ended September 30, 2025 Washington Trust Bancorp, Inc. reported Net charge-offs for the third quarter ended September 30, 2025. For the quarter, the company reported Net Loan Charge-Offs of $11,433,000 against $48,000 a year ago. Anuncio • Oct 10
Washington Trust Bancorp, Inc. to Report Q3, 2025 Results on Oct 20, 2025 Washington Trust Bancorp, Inc. announced that they will report Q3, 2025 results After-Market on Oct 20, 2025 Anuncio • Sep 18
Washington Trust Bancorp, Inc. Announces Dividend for the Quarter Ending September 30, 2025, Payable on October 10, 2025 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending September 30, 2025. The dividend will be paid October 10, 2025 to shareholders of record on October 1, 2025. Anuncio • Sep 15
Washington Trust Appoints James C. Brown as Senior Executive Vice President and Chief Commercial Banking Officer Washington Trust announced that James C. Brown has been appointed Senior Executive Vice President and Chief Commercial Banking Officer. In this key role, Brown will be responsible for all Commercial Banking activities, including Commercial Real Estate, Commercial & Industrial, Business Banking, Private Clients Group, and Cash Management Services. His leadership will support a broad range of clients across privately held businesses, nonprofit organizations, professional service firms, real estate developers, and related investors, with a focus on growing the Bank's C&I and CRE lending portfolios, expanding commercial deposits, and strengthening relationships with customers, business advisors, and community leaders. Brown has more than 38 years of experience in the financial services industry, with expertise in leading high-performing Commercial Banking teams. Prior to joining Washington Trust, he served as Senior Executive Vice President at Berkshire Bank, overseeing all Commercial and Private Banking activities across Massachusetts, Connecticut, Rhode Island, New York, and the Mid-Atlantic Asset-Based Lending team. Jim began his career in commercial banking and credit at Shawmut Bank and State Street Bank in Boston, where he built a strong foundation in the industry. He then spent 22 years at Boston Private Bank, where he served as Co-President of the Commercial Bank. He holds a bachelor's degree from Nichols College, where he has served as a Trustee for the past decade, and a Master of Business Administration from the Carroll School of Management at Boston College. He serves on the board of Ranfac Corporation, a privately owned medical device manufacturing and design company in Avon, MA, and on various fundraising committees, including the Judge Baker Children's Center, the Jim Lerner Charitable Foundation and its support for the Play Ball Foundation, as well as endowment funding and local community support for college scholarships. Anuncio • Jul 11
Washington Trust Bancorp, Inc. to Report Q2, 2025 Results on Jul 21, 2025 Washington Trust Bancorp, Inc. announced that they will report Q2, 2025 results After-Market on Jul 21, 2025 Anuncio • Jun 13
Washington Trust Bancorp, Inc. Declares Dividend for the Quarter Ending June 30, 2025, Payable on July 11, 2025 Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2025. The dividend will be paid July 11, 2025 to shareholders of record on July 1, 2025. Anuncio • May 02
Washington Trust Introduces New Home Equity Line of Credit Washington Trust launched a new Home Equity Line of Credit product on May 2, 2025, to help homeowners with home improvement projects, debt consolidation, and other expenses. Customers can lock in a low introductory 5.99% Annual Percentage Rate (APR) for an initial period of 18 months. Home Equity Lines of Credit allow customers to borrow what they need when they need it, pay it off, and then borrow again during the life of the line. It's ideal for when costs and timing vary on expenses such as a major home renovation. The special promotion is available for a limited time. Applications can be made by visiting any Washington branch location, calling the bank at 800-475-2265, or applying quickly and easily online for an answer in less than a minute. Additional information: Introductory Annual percentage Rate (APR) of 5.99% is fixed for the first 18 months. Your actual (APR) may be different than the rates shown. APR is based on the specific characteristics of credit application including but not limited to: evaluation of credit history, amount of credit requested, property type, lien position, and combined loan to value. Offer available for new lines only. All loans subject to credit and underwriting approval. After the introductory rate, the APR is a variable rate based on the Wall Street Journal Prime Rate (minus) -0.125% to (plus) +0.25%, and will not exceed 18.00% or be less than 2.75%. As of 12/19/2024, Prime Rate is 7.50%. Minimum line amount for Prime (minus) -0. 125% is $250,000. Other rates are available for lines of credit in amounts below $250,000. Offer valid on home equity line amounts up to $400,000. For home equity line amounts greater than $400,000, additional terms and conditions will apply. Autopay from a Washington Trust personal checking account is required to be eligible for the introductory promotional rate, which is reflected in the rate shown here. Properties must be located in Connecticut, Massachusetts, New Hampshire, or Rhode Island. Single-family, owner-occupied primary residences or second homes only. No Trusts or LLCs allowed. $10,000 minimum initial draw to a third party is required at closing. The following fees apply: account closure fee of $350 if the account is closed within 36 months from the date the account is opened; annual fee of $50 due each year of the draw period beginning with the 13th billing cycle; recording fee of approximately $88 in RI and $110-$217 in CT, MA, and NH. Some home improvement projects may be subject to inspection fees and a satisfactory completion certificate. Other fees may apply. Not intended for homes currently for sale or intended to be sold within 12 months of closing. Property insurance is required. Flood insurance where required by law. Offer available for a limited time only and may be withdrawn at any time. Rates subject to change. Other restrictions may apply. Consult your tax advisor regarding the deductibility of interest.RI and $110-$217 inCT, MA, and NH. Anuncio • Apr 21
Washington Trust Bancorp, Inc. Reports Unaudited Net Loan Charge-Offs Results for the First Quarter Ended March 31, 2025 Washington Trust Bancorp, Inc. reported unaudited net loan charge-offs results for the first quarter ended March 31, 2025. For the quarter, the company reported total net loan charge-offs of $2,304,000 compared to $52,000 a year ago. Anuncio • Apr 10
Washington Trust Bancorp, Inc. to Report Q1, 2025 Results on Apr 21, 2025 Washington Trust Bancorp, Inc. announced that they will report Q1, 2025 results at 8:00 AM, US Eastern Standard Time on Apr 21, 2025 Anuncio • Mar 04
Washington Trust Bancorp, Inc., Annual General Meeting, Apr 22, 2025 Washington Trust Bancorp, Inc., Annual General Meeting, Apr 22, 2025. Anuncio • Jan 17
Washington Trust Bancorp, Inc. to Report Q4, 2024 Results on Jan 29, 2025 Washington Trust Bancorp, Inc. announced that they will report Q4, 2024 results After-Market on Jan 29, 2025 Anuncio • Dec 20
Washington Trust Bancorp, Inc. Announces Dividend for the Quarter Ending December 31, 2024, Payable on January 15, 2025 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending December 31, 2024. The dividend will be paid January 15, 2025 to shareholders of record on January 2, 2025. Anuncio • Dec 14
Washington Trust Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $64.999976 million. Washington Trust Bancorp, Inc. has completed a Follow-on Equity Offering in the amount of $64.999976 million.
Security Name: Common Stock
Security Type: Common Stock
Securities Offered: 1,911,764
Price\Range: $34
Discount Per Security: $1.7 Anuncio • Dec 13
Washington Trust Bancorp, Inc. has filed a Follow-on Equity Offering. Washington Trust Bancorp, Inc. has filed a Follow-on Equity Offering.
Security Name: Common Stock
Security Type: Common Stock Anuncio • Nov 14
Washington Trust Appoints Michelle Kile as Executive Vice President and Chief Retail Banking Officer Washington Trust announced that Michelle Kile has been appointed Executive Vice President and Chief Retail Banking Officer. Kile is responsible for the retail
sales and customer service through Washington Trust's 28 retail branch offices, Customer Solutions Center, and digital banking services. A Rhode Island resident, and a graduate of Rhode Island College, Kile comes to Washington Trust most recently from Digital Federal Credit Union in Franklin, MA, where she successfully led Retail branch services, business development, and customer experience. She has extensive speaking and panelist experience in the banking industry, acting as mentor and sharing her knowledge with peers, and has served on community boards including the Women's Initiative Advisory Committee for The United Way of Central, MA. New Risk • Nov 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to €36.80, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 75% over the past year. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.66 in 3Q 2023) Third quarter 2024 results: EPS: US$0.64 (down from US$0.66 in 3Q 2023). Revenue: US$48.3m (flat on 3Q 2023). Net income: US$11.0m (down 1.4% from 3Q 2023). Profit margin: 23% (in line with 3Q 2023). Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Declared Dividend • Sep 30
Second quarter dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 1st October 2024 Payment date: 11th October 2024 Dividend yield will be 7.5%, which is higher than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 7.6% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 5.1% over the next year. However, it would need to fall by 7.4% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: US$0.63 (vs US$0.66 in 2Q 2023) Second quarter 2024 results: EPS: US$0.63 (down from US$0.66 in 2Q 2023). Revenue: US$47.7m (up 1.3% from 2Q 2023). Net income: US$10.8m (down 3.8% from 2Q 2023). Profit margin: 23% (down from 24% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 6.0% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Anuncio • Jul 23
Washington Trust Bancorp, Inc. Reports Net Charge-Offs for the Second Quarter Ended June 30, 2024 Washington Trust Bancorp, Inc. reported net charge-offs for the second quarter ended June 30, 2024. For the quarter, the company's Net charge-offs of $27,000 in the second quarter of 2024, compared to $52,000 in the preceding quarter. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €28.20, the stock trades at a forward P/E ratio of 15x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 21% over the past year. Anuncio • Jul 10
Washington Trust Bancorp, Inc. to Report Q2, 2024 Results on Jul 22, 2024 Washington Trust Bancorp, Inc. announced that they will report Q2, 2024 results After-Market on Jul 22, 2024 Anuncio • Jun 20
Washington Trust Bancorp, Inc. Announces Quarterly Dividend for the Quarter Ending June 30, 2024, Payable on July 12, 2024 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2024. The dividend will be paid July 12, 2024 to shareholders of record on July 1, 2024. Reported Earnings • Apr 22
First quarter 2024 earnings released: EPS: US$0.64 (vs US$0.75 in 1Q 2023) First quarter 2024 results: EPS: US$0.64 (down from US$0.75 in 1Q 2023). Revenue: US$48.1m (down 3.1% from 1Q 2023). Net income: US$10.9m (down 14% from 1Q 2023). Profit margin: 23% (down from 26% in 1Q 2023). Revenue is forecast to grow 5.6% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Anuncio • Apr 13
Washington Trust Bancorp, Inc. to Report Q1, 2024 Results on Apr 22, 2024 Washington Trust Bancorp, Inc. announced that they will report Q1, 2024 results at 8:00 AM, US Eastern Standard Time on Apr 22, 2024 Declared Dividend • Mar 25
Fourth quarter dividend of US$0.56 announced Shareholders will receive a dividend of US$0.56. Ex-date: 28th March 2024 Payment date: 12th April 2024 Dividend yield will be 8.8%, which is higher than the industry average of 4.8%. Sustainability & Growth Dividend is covered by earnings (79% payout ratio) and is expected to be covered in 3 years' time (87% forecast payout ratio). The dividend has increased by an average of 8.4% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 9.6% over the next 2 years. However, it would need to fall by 12% to increase the payout ratio to a potentially unsustainable range. Anuncio • Mar 22
Washington Trust Bancorp, Inc. Announces Quarterly Dividend for the Quarter Ending March 31, 2024, Payable on April 12, 2024 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending March 31, 2024. The dividend will be paid April 12, 2024 to shareholders of record on April 1, 2024. Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$2.82 (vs US$4.15 in FY 2022) Full year 2023 results: EPS: US$2.82 (down from US$4.15 in FY 2022). Revenue: US$190.0m (down 14% from FY 2022). Net income: US$48.1m (down 33% from FY 2022). Profit margin: 25% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Net interest margin (NIM): 2.05% (down from 2.69% in FY 2022). Non-performing loans: 0.79% (up from 0.25% in FY 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Anuncio • Feb 13
Washington Trust Bancorp, Inc. and The Washington Trust Company Appoints Angel Taveras to Board of Directors, Effective from March 1, 2024 Washington Trust Bancorp, Inc. announced the appointment of Angel Taveras, Esq. to the Board of Directors (the "Board") of Washington Trust Bancorp, Inc. (the "Corporation") and its subsidiary bank, The Washington Trust Company, effective March 1, 2024. Mr. Taveras has extensive leadership and legal expertise. He recently joined Adler Pollock & Sheehan P.C. as Senior Counsel, after serving as a Partner with Womble Bond Dickinson (US) LLP from 2021 until January 2024. He previously served as Shareholder with Greenberg Traurig LLP from 2015 until 2021. Mr. Taveras was Mayor of the City of Providence from 2011 until 2015. A graduate of Harvard University and Georgetown University Law Center, he is an Adjunct Professor at Providence College. Mr. Taveras is a member of the board and serves on the Audit Committee for Lifespan Corp. and is a board member for National Civic League and IKEA Foundation. Anuncio • Feb 04
Washington Trust Bancorp, Inc., Annual General Meeting, Apr 23, 2024 Washington Trust Bancorp, Inc., Annual General Meeting, Apr 23, 2024, at 11:00 US Eastern Standard Time. Anuncio • Jan 31
Washington Trust Bancorp, Inc. and The Washington Trust Company, of Westerly Appoints Debra M. Paul to the Board of Directors, Effective March 1, 2024 On January 24, 2024, the Board of Directors (Board) of Washington Trust Bancorp, Inc. (Corporation) elected Debra M. Paul to serve as a director of the Corporation effective as of March 1, 2024, filling a vacancy created by an expansion of the Board. Ms. Paul was also appointed to the Board of Directors of the Corporation’s subsidiary bank The Washington Trust Company, of Westerly. Ms. Paul has not been appointed to serve on a Board committee at this time; however, the Board plans to appoint her to the Audit Committee of the Board following the Corporation’s Annual Meeting of Shareholders in April 2024. The Board has determined that Ms. Paul is independent under Nasdaq listing rules and other applicable standards and that she qualifies as an “audit committee financial expert” as that term is defined in Item 407(d)(5) of Regulation S-K. Ms. Paul was elected to the class of directors serving until the Corporation’s 2026 Annual Meeting of Shareholders and until her successor is duly elected and qualified. Ms. Paul has extensive experience in the healthcare industry and has held executive positions including Chief Financial Officer & Strategic Consultant at Elwyn; President & CEO of Fellowship Health Resources, Inc.; and Chief Financial Officer & SVP of Woman & Infants Hospital. Anuncio • Jan 26
Washington Trust Bancorp, Inc. Reports Net Charge-Offs for the Fourth Quarter Ended December 31, 2023 Washington Trust Bancorp, Inc. reported net charge-offs for the fourth quarter ended December 31, 2023. In the fourth quarter of 2023, net charge-offs of $406,000 were recognized, compared to $30,000 in the preceding quarter. Reported Earnings • Jan 26
Full year 2023 earnings released: EPS: US$2.82 (vs US$4.15 in FY 2022) Full year 2023 results: EPS: US$2.82 (down from US$4.15 in FY 2022). Revenue: US$190.0m (down 14% from FY 2022). Net income: US$48.1m (down 33% from FY 2022). Profit margin: 25% (down from 33% in FY 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 2 years, compared to a 1.9% growth forecast for the Banks industry in Europe. Anuncio • Jan 13
Washington Trust Bancorp, Inc. to Report Q4, 2023 Results on Jan 24, 2024 Washington Trust Bancorp, Inc. announced that they will report Q4, 2023 results After-Market on Jan 24, 2024 Anuncio • Dec 23
Washington Trust Bancorp, Inc. Declares Quarterly Dividend for the Quarter Ending December 31, 2023, Payable on January 12, 2024 Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending December 31, 2023. The dividend will be paid January 12, 2024 to shareholders of record on January 2, 2024. New Risk • Dec 05
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 4.8% per year for the foreseeable future. Minor Risk Share price has been volatile over the past 3 months (6.6% average weekly change). Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €23.60, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 7x in the Banks industry in Europe. Reported Earnings • Oct 24
Third quarter 2023 earnings released: EPS: US$0.66 (vs US$1.08 in 3Q 2022) Third quarter 2023 results: EPS: US$0.66 (down from US$1.08 in 3Q 2022). Revenue: US$48.5m (down 15% from 3Q 2022). Net income: US$11.2m (down 40% from 3Q 2022). Profit margin: 23% (down from 33% in 3Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 2 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Anuncio • Oct 06
Washington Trust Bancorp, Inc. to Report Q3, 2023 Results on Oct 23, 2023 Washington Trust Bancorp, Inc. announced that they will report Q3, 2023 results After-Market on Oct 23, 2023 Anuncio • Sep 22
Washington Trust Bancorp, Inc. Declares Quarterly Dividend for the Quarter Ending September 30, 2023, Payable on October 12, 2023 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending September 30, 2023. The dividend will be paid October 12, 2023 to shareholders of record on October 2, 2023. Reported Earnings • Jul 25
Second quarter 2023 earnings released: EPS: US$0.66 (vs US$1.15 in 2Q 2022) Second quarter 2023 results: EPS: US$0.66 (down from US$1.15 in 2Q 2022). Revenue: US$47.1m (down 16% from 2Q 2022). Net income: US$11.3m (down 43% from 2Q 2022). Profit margin: 24% (down from 35% in 2Q 2022). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 1.4% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Anuncio • Jul 25
Washington Trust Bancorp, Inc. Reports Net Charges-Offs for the Second Quarter of 2023 Washington Trust Bancorp, Inc. reported net charges-offs for the second quarter of 2023. In the second quarter of 2023, net charge-offs of $37,000 were recognized, compared to $47,000 in the preceding quarter. Anuncio • Jul 12
Washington Trust Bancorp, Inc. to Report Q2, 2023 Results on Jul 24, 2023 Washington Trust Bancorp, Inc. announced that they will report Q2, 2023 results After-Market on Jul 24, 2023 Anuncio • Jun 16
Washington Trust Bancorp, Inc. Announces Quarterly Dividend, Payable on July 13, 2023 The Board of Directors of Washington Trust Bancorp, Inc. declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2023. The dividend will be paid July 13, 2023 to shareholders of record on July 3, 2023. Reported Earnings • May 08
First quarter 2023 earnings released: EPS: US$0.75 (vs US$0.95 in 1Q 2022) First quarter 2023 results: EPS: US$0.75 (down from US$0.95 in 1Q 2022). Revenue: US$49.7m (down 4.7% from 1Q 2022). Net income: US$12.8m (down 22% from 1Q 2022). Profit margin: 26% (down from 32% in 1Q 2022). The decrease in margin was primarily driven by lower revenue. Revenue is forecast to grow 1.6% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. 
