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0 0 0.0014470925253241 0.00307138005374913 0.00572930510026271 0.00321904255633309 0.00469566758217415 0.00469566758217415
Stock impact report

Washington Trust Bancorp (WASH) Shares Skyrocket, What You Need To Know [Yahoo! Finance]

Washington Trust Bancorp, Inc. (WASH) 
Last washington trust bancorp, inc. earnings: 4/27 08:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The regional bank reported adjusted earnings per share of $0.83, beating the consensus estimate of $0.75. Revenue for the quarter came in at $59.25 million, a 20.4% increase from the same period last year and also ahead of projections. A key driver for the positive results was net interest income, which grew 23.7% year-on-year. This was supported by a better-than-expected net interest margin, a key measure of a bank's profitability. Furthermore, the bank's tangible book value per share, another important metric for financial institutions, also exceeded Wall Street's forecast. Is now the time to buy Washington Trust Bancorp? Access our full analysis report here, it's free Washington Trust Bancorp's shares are not very volatile and have only had 5 moves greater than 5% over the last year. Moves this big are rare for Washington Trust Bancorp and indicate this news significantly impacted the market's perception of the business. Washington Trust Bancorp is up 17% since the beginning Show less Read more
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