Washington Trust: 1Q Earnings Snapshot
Washington Trust: 1Q Earnings Snapshot
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WESTERLY, R.I. (AP) _ Washington Trust Bancorp Inc. (WASH) on Monday reported first-quarter earnings of $17.5 million.
The Westerly, Rhode Island-based bank said it had earnings of $1 per share.
The holding company for The Washington Trust Co. posted revenue of $65.6 million in the period. Its revenue net of interest expense was $50 million, topping Street forecasts.
Washington Trust shares have climbed 4.5 percent since the beginning of the year. The stock has dropped 11 percent in the last 12 months.
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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
