Washington Trust reports Q3 EPS 65, consensus 58c

Reports Q3 net charge-offs of $30,000 were recognized, compared to $37,000 in the preceding quarter. “Washington Trust’s Q3 performance reflects the Corporation’s core strength, resilience, and ability to manage through difficult operating conditions,” stated Edward O. Handy III, Washington Trust Chairman and CEO. “We continue to attract new business across all lines, which is challenging in the current rate and competitive environment. We value our employees, customers, communities, and shareholders and remain committed to enhancing the value of these relationships over time.”