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Washington Trust: Q1 Earnings Snapshot

Washington Trust: Q1 Earnings Snapshot

By AP News
Published - Apr 24, 2023, 08:12 AM ET
Last Updated - Jun 22, 2023, 04:39 AM EDT

WESTERLY, R.I. (AP) — WESTERLY, R.I. (AP) — Washington Trust Bancorp Inc. (WASH) on Monday reported net income of $12.8 million in its first quarter.

The Westerly, Rhode Island-based bank said it had earnings of 74 cents per share.

The holding company for The Washington Trust Co. posted revenue of $82 million in the period. Its revenue net of interest expense was $50.5 million, missing Street forecasts.

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