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Washington Trust is struggling and has not yet recovered from the banking crisis of early 2023. The bank has a good track record of dividend issuance, but future dividend cuts cannot be ruled out. Declining profitability and limited operations are contributing to the bank's difficulties, and its capital ratios are among the lowest in the sector.
WESTERLY, R.I., May 15, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc., (the Corporation"), NASDAQ: WASH, has released the Corporation's 2024 Environmental, Social and Governance Report ("ESG Report"), which presents the actions the Corporation has taken, and continues to take, to fulfill its obligations as an employer of choice, a business of choice, and a responsible corporate citizen.
Washington Trust Bancorp, Inc. (NASDAQ:WASH ) Q1 2024 Earnings Call Transcript April 22, 2024 10:00 AM ET Company Participants Elizabeth B. Eckel - EVP, Chief Marketing and Corporate Communications Officer Ned Handy - Chairman and CEO Ron Ohsberg - Senior EVP, CFO and Treasurer Bill Wray - Senior EVP and CRO Conference Call Participants Mark Fitzgibbon - Piper Sandler Damon DelMonte - KBW Lauri...
WESTERLY, R.I. , April 22, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced first quarter 2024 net income of $10.9 million, or $0.64 per diluted share, compared to net income of $12.9 million, or $0.76 per diluted share, for the fourth quarter of 2023.
WESTERLY, R.I. , April 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly-owned holding company of The Washington Trust Company, will release first quarter 2024 earnings and host a conference call with the Corporation's executives as follows: Earnings Release: Monday, April 22, 2024, 8:00 a.m.
WESTERLY, R.I. , March 21, 2024 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 56 cents per share for the quarter ending March 31, 2024.
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