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Washington Trust Bancorp, Inc. - WASH STOCK NEWS

Welcome to our dedicated news page for Washington Trust Bancorp (Ticker: WASH), a resource for investors and traders seeking the latest updates and insights on Washington Trust Bancorp.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Washington Trust Bancorp's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Washington Trust Bancorp's position in the market.

Rhea-AI Summary
Washington Trust opens its 27th branch in Smithfield, Rhode Island, offering a full suite of financial solutions to customers in northern Rhode Island. The branch aims to provide convenience through personal in-branch service and digital banking options.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.87%
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none
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Rhea-AI Summary
Washington Trust Bancorp, Inc. (NASDAQ: WASH) appoints Debra M. Paul and Angel Taveras, Esq. to its Board of Directors, bringing extensive leadership and expertise to the Corporation and its subsidiary bank, effective March 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.41%
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management
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Rhea-AI Summary
Washington Trust Bancorp, Inc. (NASDAQ: WASH) has announced that its 2024 Annual Meeting of Shareholders will be held virtually on April 23, 2024. Shareholders of record as of February 27, 2024, are entitled to attend and vote at the meeting. The meeting will be held at 11:00 a.m. ET. Additional information will be provided in the Company's proxy statement.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.19%
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conferences
Rhea-AI Summary
Washington Trust President & COO Mary E. Noons visited Crossroads Rhode Island to donate 'Welcome Home' kits for clients transitioning from homelessness to stable housing. The kits, collected by Washington Trust employees, contained personal care and household supplies. Washington Trust also committed $50,000 to Crossroads' 'Roads to Home' capital campaign to reduce homelessness by creating nearly 300 affordable permanent supportive apartments for formerly homeless adults in Providence.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.82%
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none
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Rhea-AI Summary
Washington Trust Bancorp, Inc. (Nasdaq: WASH) announced a net income of $12.9 million for the fourth quarter of 2023, compared to $11.2 million for the third quarter. The year-end net income was $48.2 million, down from $71.7 million the previous year. This decrease was influenced by changes in Massachusetts tax law, resulting in a revaluation of deferred tax assets and liabilities, leading to a $3.3 million increase in net deferred tax assets and a corresponding decrease in income tax expense. The CEO highlighted the Corporation's perseverance in facing economic challenges.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.17%
Tags
earnings
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Rhea-AI Summary
Washington Trust Bancorp, Inc. (WASH) will release Q4 2023 earnings on January 24, 2024, and host a conference call on January 25, 2024. The company's website will provide a webcast, and a teleconference replay will be available until February 8, 2024. Participant dial-in and access codes are provided for both domestic and international callers.
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Rhea-AI Sentiment
End-of-Day
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earnings
Rhea-AI Summary
Washington Trust Bancorp, Inc. (NASDAQ: WASH) declares a quarterly dividend of 56 cents per share for the quarter ending December 31, 2023.
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End-of-Day
-- %
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dividends
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Rhea-AI Summary
Washington Trust Company: Named One of the Nation's Best Banks to Work For for the Fifth Consecutive Year. The Washington Trust Company has been recognized by American Banker magazine as one of the 'Best Banks to Work For' for the fifth year in a row. The company's Chairman and CEO, Edward O. 'Ned' Handy III, expressed gratitude for the honor, emphasizing the bank's commitment to providing a welcoming, engaging, and rewarding workplace for its employees. The program conducts extensive research and employee surveys to recognize banks with outstanding satisfaction ratings. Washington Trust offers a robust suite of employee wellness offerings to support good lifestyle habits.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.15%
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none
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Rhea-AI Summary
Washington Trust Company (WASH) Donates $24,000 to Hunger Relief Agencies in RI, MA, and CT to Support Food Distribution Efforts
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.24%
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none
Rhea-AI Summary
Washington Trust Company announces a $30,000 donation to support Amos House's Financial Opportunity Center. The donation will be used for savings and incentive programs and outreach efforts. Amos House's FOC has helped individuals increase their net income, savings, and overall stability.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-9.58%
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none
Washington Trust Bancorp, Inc.

Nasdaq:WASH

WASH Rankings

WASH Stock Data

461.37M
16.72M
1.33%
67.85%
2.55%
Commercial Banking
Finance and Insurance
Link
US
Westerly

About WASH

founded in 1800, washington trust is the oldest community bank in the nation and one of the northeast’s premier financial services companies. washington trust offers a full range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in rhode island, connecticut and massachusetts. the washington trust company is a subsidiary of washington trust bancorp, inc., (nasdaq: wash). additional information on washington trust and its subsidiaries can be found at https://www.washtrust.com/. member fdic.