Washington Trust Bancorp, Inc. (WASH) Tops Q1 EPS by 3c

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Washington Trust Reports Record Earnings for Third Quarter 2014

October 20, 2014 4:01 PM EDT

WESTERLY, R.I., Oct. 20, 2014 (GLOBE NEWSWIRE) -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced net income of $10.5 million, or 62 cents per diluted share, for the third quarter of 2014, up from second quarter of 2014 net income of $9.8 million, or 58 cents per diluted share.

"Washington Trust's strong performance continued into the third quarter, as earnings reached an all-time quarterly high," stated Joseph J. MarcAurele, Washington Trust Chairman and CEO. "These results are truly a company-wide effort, as we had good growth along key business lines."

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