Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last $38.61 USD
Change Today +0.14 / 0.36%
Volume 35.8K
WASH On Other Exchanges
Symbol
Exchange
NASDAQ GS
As of 8:10 PM 08/31/15 All times are local (Market data is delayed by at least 15 minutes).

washington trust bancorp (WASH) Key Developments

Washington Trust Bancorp Inc. Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2015; Announces Net Loan Charge-Offs for the Second Quarter of 2015; Provides Effective Tax Rate Guidance for the Full Year of 2015

Washington Trust Bancorp Inc. announced unaudited consolidated earnings results for the second quarter and six months ended June 30, 2015. For the quarter, the company reported total interest and dividend income of $31,510,000 compared to $29,591,000 a year ago. Net interest income was $26,028,000 compared to $24,468,000 a year ago. Income before income taxes was $16,890,000 compared to $14,384,000 a year ago. Net income was $11,503,000 compared to $9,797,000 a year ago. Diluted earnings per common share were $0.68 compared to $0.58 a year ago. Book value per share was $21.34 compared to $20.56 a year ago. Tangible book value per share - non-GAAP was $17.61 compared to $16.77 a year ago. Return on average assets was 1.27% compared to 1.22% a year ago. Return on average tangible assets - non-GAAP was 1.29% compared to 1.24% a year ago. Return on average equity was 12.88% compared to 11.52% a year ago. Return on average tangible equity - non-GAAP was 15.62% compared to 14.15% a year ago. For the six months, the company reported total interest and dividend income of $62,747,000 compared to $58,881,000 a year ago. Net interest income was $51,730,000 compared to $48,304,000 a year ago. Income before income taxes was $33,081,000 compared to $27,998,000 a year ago. Net income was $22,513,000 compared to $19,095,000 a year ago. Diluted earnings per common share were $1.32 compared to $1.13 a year ago. Return on average assets was 1.25% compared to 1.20% a year ago. Return on average tangible assets - non-GAAP was 1.27% compared to 1.22% a year ago. Return on average equity was 12.71% compared to 11.31% a year ago. Return on average tangible equity - non-GAAP was 15.45% compared to 13.93% a year ago. For the quarter, the company reported net loan charge-offs of $323,000 compared to $224,000 a year ago. The Corporation currently expects that its full-year 2015 effective tax rate will be approximately 32.5%.

Washington Trust Bancorp Inc. to Report Q2, 2015 Results on Jul 20, 2015

Washington Trust Bancorp Inc. announced that they will report Q2, 2015 results at 5:00 PM, Eastern Standard Time on Jul 20, 2015

Washington Trust Bancorp Inc., Q2 2015 Earnings Call, Jul 21, 2015

Washington Trust Bancorp Inc., Q2 2015 Earnings Call, Jul 21, 2015

Washington Trust Bancorp Inc. Presents at Keefe Bruyette & Woods Sixteenth Annual Community Bank Investor Conference, Jul-28-2015 10:00 AM

Washington Trust Bancorp Inc. Presents at Keefe Bruyette & Woods Sixteenth Annual Community Bank Investor Conference, Jul-28-2015 10:00 AM. Venue: Grand Central Grand Hyatt, New York, New York, United States. Speakers: David V. Devault, Vice Chairman, Chief Financial Officer, Secretary, Vice Chair of Washington Trust Company, Chief Financial Officer of Washington Trust Company and Secretary of Washington Trust Company, Edward O. Handy, President, Chief Operating Officer, President of Washington Trust Companyand Chief Operating Officer of Washington Trust Company, Elizabeth B. Eckel, Senior Vice President of Marketing - Washington Trust Company, Joseph J. MarcAurele, Chairman, Chief Executive Officer, Member of Executive Committee, Chairman of Washington Trust Company and Chief Executive Officer of Washington Trust Company, Mark K. W. Gim, Executive Vice President of Wealth Management, Treasurer, Executive Vice President of Wealth Management - Washington Trust Company and Treasurer of Washington Trust Company.

Washington Trust Bancorp, Inc. Declares Second Quarter Dividend, Payable on July 14, 2015

The Board of Directors of Washington Trust Bancorp Inc. declared a quarterly dividend of 34 cents per share for the quarter ending June 30, 2015. The dividend will be paid July 14, 2015 to shareholders of record on July 1, 2015.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
WASH:US $38.61 USD +0.14

WASH Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Bank of America Corp $16.34 USD -0.02
Idaho Independent Bank $8.18 USD 0.00
Sterling Bank PLC 2.13 NGN +0.10
Washington Federal Inc $22.69 USD +0.23
Wells Fargo & Co $53.33 USD -0.21
View Industry Companies
 

Industry Analysis

WASH

Industry Average

Valuation WASH Industry Range
Price/Earnings 14.8x
Price/Sales 4.3x
Price/Book 1.8x
Price/Cash Flow 14.6x
TEV/Sales 0.4x
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact WASHINGTON TRUST BANCORP, please visit . Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.