Washington Trust Bancorp, Inc. (NASDAQ:WASH ) Q4 2024 Earnings Conference Call January 30, 2025 8:30 AM ET Company Participants Sharon Walsh - Senior Vice President, Marketing Strategy & Planning Ned Handy - Chairman & Chief Executive Officer Ron Ohsberg - Senior Executive Vice President, Chief Financial Officer & Treasurer Bill Wray - Senior Executive Vice President & Chief Risk Officer Conference Call Participants Laurie Hunsicker - Seaport Research Partners Damon DelMonte - KBW Operator Good morning, and welcome to Washington Trust Bancorp, Inc.'s Conference Call. My name is Lydia, and I'll be your operator today.
Washington Trust Bancorp (WASH) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.76 per share a year ago.
WESTERLY, R.I. , Jan. 16, 2025 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release fourth quarter 2024 earnings and host a conference call with the Corporation's executives as follows: Earnings Release: Wednesday, January 29, 2025, After Market Closes Conference Call: Thursday, January 30, 2025, 8:30 a.m.
After losing some value lately, a hammer chart pattern has been formed for Washington Trust (WASH), indicating that the stock has found support. This, combined with an upward trend in earnings estimate revisions, could lead to a trend reversal for the stock in the near term.
Washington Trust (WASH) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
WASH made it to the Zacks Rank #1 (Strong Buy) income stocks list on December 30, 2024.
WESTERLY, R.I. , Dec. 20, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced Bank balance sheet repositioning transactions to support continued organic growth and capital generation.
WESTERLY, R.I. , Dec. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced the pricing of its previously announced underwritten public offering of 1,911,764 shares of its common stock at a public offering price of $34.00 per share.
WESTERLY, R.I. , Dec. 12, 2024 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced it has commenced an underwritten public offering of $55,000,000 of the Corporation's common stock.
Does Washington Trust Bancorp (WASH) have what it takes to be a top stock pick for momentum investors? Let's find out.