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Sep 30, 2023
Washington Trust Q3 2023 Earnings Report
Reported net income of $11.2 million for the third quarter of 2023.
Key Takeaways
Washington Trust Bancorp reported a net income of $11.2 million, or $0.65 per diluted share, for the third quarter of 2023. The corporation's performance reflects its core strength and resilience in managing difficult operating conditions. They continue to attract new business across all lines.
Net income was $11.2 million, or $0.65 per diluted share.
Net interest income totaled $33.8 million, up 1% from the preceding quarter.
Total loans amounted to $5.6 billion, up 4% from the end of the preceding quarter.
In-market deposits amounted to $4.7 billion, up 1% from June 30, 2023.
Washington Trust
Washington Trust
Washington Trust Revenue by Segment
Revenue by Segment
Wealth Management Revenues Revenue
CapyFin.comMortgage Banking Revenues Revenue
CapyFin.com Forward Guidance
Washington Trust will host a conference call to discuss its third quarter results, business highlights and outlook on Tuesday, October 24, 2023.
Revenue & Expenses
Visualization of income flow from segment revenue to net income