Washington Trust Bancorp, Inc. (NASDAQ:WASH) is set to announce second quarter earning results on Monday 20th July 2020, after market close.
Analysts surveyed by Thomson Reuters are predicting, WASH to report 2Q20 income of $ 0.63 per share.
For the full year, analysts anticipate top line of $ 131.88 million, while looking forward to income of $ 2.74 per share bottom line.
Previous Quarter Performance
Washington Trust Bancorp, Inc. outlined income for the first quarter of $ 0.68 per share, from the revenue of $ 32.60 million. The quarterly earnings down 32.00 percent while revenues lowered 5.73 percent compared with the same quarter last year.
Wall street analysts are predicting, WASH to report 1Q20 income of $ 0.80 per share from revenue of $ 32.43 million. The bottom line results missed street analysts by $ 0.12 or 15 percent, at the same time, top line results outshined analysts by $ 0.17 million or 0.52 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of WASH was $ 30.95, representing a 19.68 % increase from the 52 week low of $ 25.86 and a 43.69 % decrease over the 52 week high of $ 54.96.
The company has a market capital of $ 534.15 million and is part of the Financial Services sector and Banks – Regional – US industry.
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Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various financial products and services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services.
