WESTERLY, R.I., Jan. 16, 2025 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release fourth quarter 2024 earnings and host a conference call with the Corporation's executives as follows: Earnings Release: Wednesday, January 29, 2025, After Market Closes Conference Call: Thursday, January 30, 2025, 8:30 a.m. ET Participant Dial In: 1-833-470-1428 (Toll-Free) International Dial In: Global Dial-In Numbers ...

A downtrend has been apparent in Washington Trust Bancorp (WASH) lately. While the stock has lost 16.4% over the past four weeks, it could witness a trend reversal as a hammer chart pattern was formed in its last trading session. This could mean that the bulls have been able to counteract the bears to help the stock find support.While the formation of a hammer pattern is a technical indication of nearing a bottom with potential exhaustion of selling pressure, rising optimism among Wall Street analysts about ...

Washington Trust Bancorp (WASH) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individua ...

Here is a stock with buy rank and strong income characteristics for investors to consider today, December 30th:Washington Trust Bancorp, Inc. (WASH) : This bank holding company for The Washington Trust Company, of Westerly has witnessed the Zacks Consensus Estimate for its next year earnings increasing 3.9% over the last 60 days.This Zacks Rank #1 company has a dividend yield of 7.3%, compared with the industry average of 2.5%. See the full list of top ranked stocks here. Find more top income stocks with so ...

WESTERLY, R.I., Dec. 23, 2024 /PRNewswire/ -- The Washington Trust Company ("Washington Trust") recently announced that it has made charitable contributions and in-kind donations to 40 local nonprofit organizations to support their outreach efforts this holiday season. Washington Trust and its employees recently supported 40 Rhode Island-based community organizations during the holiday season through a combination of grant funding, toys, gifts, gift cards, and more. Donations benefited local families via ...

核心观点 - 公司通过出售低收益资产并重新投资高收益资产，优化了资产负债表，预计将在2025年及以后实现更高的盈利能力 [2][8][15] 资产出售与再投资 - 公司出售了约4.09亿美元的可用出售债务证券，加权平均收益率为2.65%，并同意出售约3.45亿美元的住宅抵押贷款，加权平均利率为3.03%，预计在2025年第一季度完成 [2] - 公司重新投资了约3.78亿美元的可用出售债务证券，加权平均收益率为5.30% [2] - 公司预计在2025年第一季度偿还约3.52亿美元的批发融资余额，估计加权平均利率为4.50% [2] 财务影响 - 出售交易预计将导致2024年第四季度净税后亏损约7000万美元，这将导致公司报告2024年第四季度和全年的净亏损，但已通过之前披露的股权发行筹集的7000万美元资本完全融资 [16] 公司背景 - 公司是华盛顿信托银行的公司控股公司，截至2024年9月30日，资产规模为71亿美元 [10] - 公司成立于1800年，是美国最古老的社区银行，也是罗德岛州最大的州立银行，提供广泛的商业银行、抵押银行、个人银行和财富管理服务 [10] 管理层评论 - 公司董事长兼首席执行官Edward "Ned" O. Handy III表示，通过出售低收益资产并重新投资高收益资产，公司能够专注于增长和投资，这对股东、员工、客户和社区都有利，并使公司在财务上更加强大，为2025年及以后的盈利能力提升奠定了基础 [8] 未来展望 - 公司将在提交给美国证券交易委员会的8-K表格中提供有关资产负债表重新定位的更多详细信息，并将在公司网站上提供 [9]

核心观点 - Washington Trust 提供了80万美元的融资，用于帮助罗德岛州西班牙裔商会在普罗维登斯市购买新总部物业，该物业名为James Potter House，是一座建于1889年的Queen Anne风格豪宅 [1][2] 融资细节 - Washington Trust 提供了80万美元的融资，用于购买位于普罗维登斯市359 Broad Street的物业，该物业将作为罗德岛州西班牙裔商会的新总部 [1] 物业描述 - 该物业名为James Potter House，是一座建于1889年的Queen Anne风格豪宅，由Stone, Carpenter and Willson设计，位于普罗维登斯市的Elmwood区，属于Trinity Square国家历史街区 [2] 商会领导发言 - 商会首席执行官Oscar Mejias表示，新总部是对商会持续增长和成功的证明，也是对服务社区和扩大影响力的坚定承诺，并对支持商会使命的人表示衷心感谢 [3] 银行领导发言 - Washington Trust 董事长兼首席执行官Edward O. "Ned" Handy表示，银行自豪地支持罗德岛州西班牙裔商会及其使命，成为西班牙裔和少数族裔企业的资源中心，并期待继续与商会及其成员建立强有力的关系，共同促进和赋能不断增长的西班牙裔商业社区 [3] 商会背景 - 罗德岛州西班牙裔商会成立于2016年5月19日，旨在代表、促进和赋能不断增长的西班牙裔商业社区，支持本地企业的需求，并建立企业美国与罗德岛州西班牙裔企业之间的强大关系 [4] 银行背景 - Washington Trust 成立于1800年，是美国最古老的社区银行，也是东北地区领先的金融服务公司，提供包括商业银行业务、抵押银行业务、个人银行业务和财富管理及信托服务在内的全方位金融服务，其子公司The Washington Trust Company是Washington Trust Bancorp, Inc.的子公司，股票在NASDAQ上市，代码为WASH [5]

WESTERLY, R.I., Dec. 16, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced the closing of its previously announced underwritten public offering of 1,911,764 shares of its common stock at a public offering price of $34.00 per share. The 2,198,528 shares sold in the offering include 286,764 shares sold pursuant to the exercise of the underwriters' purchase option. BofA Securities is ...

WESTERLY, R.I., Dec. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced the pricing of its previously announced underwritten public offering of 1,911,764 shares of its common stock at a public offering price of $34.00 per share.  The expected proceeds to the Corporation, after deducting underwriting discounts and commissions but before deducting operating expenses payable by the ...

WESTERLY, R.I., Dec. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced it has commenced an underwritten public offering of $55,000,000 of the Corporation's common stock. The Corporation also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. BofA Securities is serving as the sole book-runn ...