Washington Trust Bancorp, Inc. (WASH), parent company of The Washington Trust Company, reported first quarter net income of $10.9 million, or $0.64 per share compared to $12.8 million or $0.74 per share, prior year. On average, four analysts polled by Thomson Reuters expected the company to report profit per share of $0.45, for the quarter. Analysts' estimates typically exclude special items.
Net interest income declined to $31.7 million from $37.2 million, prior year. Total noninterest income was $17.2 million compared to $13.3 million, last year. Analysts on average had estimated $31.5 million in revenue.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.