Washington Trust Bancorp (WASH) Tops Q2 EPS by 3c

Washington Trust Bancorp (NASDAQ: WASH) reported Q2 EPS of $0.68, $0.03 better than the analyst estimate of $0.65. Revenue for the quarter came in at $26 million versus the consensus estimate of $25.99 million.

"Washington Trust once again posted solid quarterly results, reflecting the strength of our diversified business model and our expanded regional presence," stated Joseph J. MarcAurele, Chairman and Chief Executive Officer. "In June we announced our intention to acquire Halsey Associates, Incorporated, a New Haven, Connecticut-based registered investment adviser. This acquisition, which we expect to complete during the third quarter, is significant as it further enhances our reputation as one of the premier wealth management firms and financial institutions in the region."

For earnings history and earnings-related data on Washington Trust Bancorp (WASH) click here.

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