Welcome to our dedicated page for Washington Tr Bancorp news (Ticker: WASH), a resource for investors and traders seeking the latest updates and insights on Washington Tr Bancorp stock.
Washington Trust Bancorp, Inc. (NASDAQ: WASH) is the parent of The Washington Trust Company, a community bank founded in 1800 and recognized by the company as the oldest community bank in the United States. From its base in Westerly, Rhode Island, Washington Trust offers commercial banking, mortgage banking, personal banking, and wealth management and trust services through offices in Rhode Island, Connecticut, and Massachusetts.
This news page aggregates coverage of Washington Trust’s key corporate developments and financial updates. Readers can follow announcements from the holding company and the Bank, including quarterly earnings results, dividend declarations by the Board of Directors, and information on capital management actions such as stock repurchase activity disclosed in SEC filings and press releases.
Because Washington Trust combines commercial banking with a significant wealth management business, its news flow often includes items on commercial real estate financing transactions, business banking initiatives, and expansions of its wealth management team and capabilities. The Bank also reports on branch openings and regional expansion within New England, as well as technology enhancements to its business banking and payment solutions.
In addition, Washington Trust regularly issues updates related to its long operating history, community engagement, and milestones as a Rhode Island‑based financial institution. Investors, customers, and community members can use this page to review historical and recent news about Washington Trust Bancorp (WASH) and The Washington Trust Company, including corporate announcements, operational highlights, and other material events described in company communications.
Washington Trust Bancorp (NASDAQ: WASH) will announce its second quarter 2024 earnings on July 22, 2024, after market close. A conference call with the company's executives is scheduled for July 23, 2024, at 8:30 a.m. ET. Investors can participate via toll-free dial-in at 1-833-470-1428 or through international numbers listed. A webcast will be available on the company's investor relations website. A teleconference replay will be accessible until August 6, 2024, with a toll-free replay number 1-866-813-9403 and access code 808623.
Washington Trust Bancorp has declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2024.
This dividend will be paid out on July 12, 2024 to shareholders who are on record as of July 1, 2024.
This announcement was made by the Board of Directors on June 20, 2024.
Washington Trust, the largest state-chartered bank in Rhode Island, launched a multimedia campaign to highlight the ease of opening deposit accounts online. The campaign features local talent, businesses, and classic Rhode Island activities, and is available in both English and Spanish. The Bank emphasizes its commitment to providing a fast and secure online banking experience, enabling users to quickly switch direct deposits and recurring payments. The campaign was developed in collaboration with local companies and businesses, showcasing locations such as Roger Williams Park Zoo and Misquamicut State Beach.
Washington Trust has allocated $20,000 to West Elmwood Housing Development This contribution will support the Match Savings Incentive Program (MSIP) and the Get Your House In Order Program (GYHIOP). MSIP aims to assist low-to-moderate income individuals towards asset ownership through financial workshops covering budgeting, debt management, and home buying. GYHIOP provides culturally specific financial education for African Americans, focusing on financial literacy over a four-week course. This donation is a part of Washington Trust's larger initiative, which has given over $584,000 to various organizations, including $122,000 towards affordable housing programs up to May 31, 2024.
Washington Trust announced a $125,000 donation to the City of Central Falls for the development of El Centro, a community hub aimed at providing health, wellness, education, and workforce development resources. The five-year grant will aid in planning and redevelopment of the hub at 702 Broad Street. El Centro will connect residents with vital services such as mental health, public safety behavioral health, and small business assistance. Washington Trust's Chairman and CEO, Edward O. Handy III, expressed enthusiasm for the transformative project, while Central Falls Mayor Maria Rivera highlighted its potential impact on residents' lives. Additionally, Washington Trust supports financial education through programs in local schools.
Washington Trust has launched a Spanish version of its website to better serve the Hispanic/Latino community. Partnering with Envision Technology Advisors and Be Moore Interpreting, the bank aims to provide inclusive financial tools and information. This initiative aligns with the bank's long-standing commitment to economic empowerment and inclusivity. The new website can be accessed at https://www.washtrust.com/es/.
Washington Trust Bancorp (NASDAQ: WASH) released its 2024 Environmental, Social, and Governance (ESG) Report on May 15, 2024. This report outlines the 's ongoing efforts and achievements in key areas such as employee engagement, diversity, equity, inclusion, corporate governance, data security, community involvement, and environmental responsibility. CEO Edward O. Handy III emphasized the importance of maintaining high ESG standards to ensure the long-term sustainability of the business and positively impact all stakeholders. The report provides insights into how Washington Trust is attracting a diverse workforce, managing risk, and enriching the community, while also prioritizing sustainable practices to lessen environmental impact.
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