Loading...
•
Sep 30, 2022
Washington Trust Q3 2022 Earnings Report
Washington Trust's Q3 2022 results were announced, showcasing a solid performance driven by a diversified business model.
Key Takeaways
Washington Trust Bancorp reported a net income of $18.7 million, or $1.08 per diluted share, for the third quarter of 2022. The results reflect strong loan growth and an all-time quarterly record for net interest income.
Net income for Q3 2022 was $18.7 million, or $1.08 per diluted share.
Net interest income reached a record $42.0 million, up 12% from the previous quarter.
Total loans increased to $4.8 billion, reflecting growth in commercial and residential real estate loan portfolios.
In-market deposits amounted to $4.6 billion, up 2% from the previous quarter.
Revenue by Segment
Forward Guidance
Washington Trust will host a conference call to discuss its third quarter results, business highlights and outlook on Tuesday, October 25, 2022.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...