Detail akcie Washington Trust online

Business Summary: Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities, deposit generation, cash management activities, banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, Internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management, holistic financial planning services, personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedents’ estates, and institutional trust services, including custody and fiduciary services.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2024, Washington Trust Bancorp Inc interest income increased 10% to $340.7M. Net interest income after loan loss provision decreased 6% to $126M. Net loss applicable to common stockholders totaled $28M vs. income of $48.1M. Net interest income after loan loss provision reflects Commercial Banking segment decrease of 6% to $126M, Wealth Management Services segment decrease from $37K to $0K.