Washington Trust Bancorp Stock (NASDAQ: WASH)

Washington Trust Bancorp (NASDAQ:WASH) Stock, Quote.Headers.trade-ideas

Washington Trust Bancorp

Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.

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MAWSON INFRSTRUCTURE GRP by Mawson Infrastructure Group Inc.

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Washington Trust Bancorp, Inc. - Common Stock

Washington Trust Bancorp Inc

WASHTEC AG AUGSBURG by WashTec AG AUGSBURG

WashTec AG

Washington Business Bank

WASHINGTON HSOUL PATTINSN by Washington Hsoul Pattinson & Co., Ltd.

Washington H Soul Pattinson & Co Ltd

Washington Trust Announces Sale Transactions To Result In Net After-Tax Loss Of About $70M That Will Be Recognized In Q4; Expects To Pay Down About $352M Of Wholesale Funding Balances With Estimated Weighted Average Rate Of 4.50% In Q1 2025

Washington Trust Announces Balance Sheet Repositioning; Bank Sold ~$409M Of Available For Sale Debt Securities With A Weighted Average Yield Of 2.65%; Agreed To Sell About $345M In Residential Mortgage Loans With Weighted Average Rate Of 3.03%; Bank Has Reinvested About $378M Into Available For Sale Debt Securities With A Weighted Average Yield Of 5.30%

Reported Earlier, Washington Trust Prices $61.75M Upsized Stock Offering Of 1,911,764 Common Shares At $34/Share

<p>Washington Trust&nbsp;Bancorp, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WASH#NASDAQ">WASH</a>) (the "Corporation"), parent company of The Washington Trust Company, of Westerly (the "Bank"), today announced it has commenced an underwritten public offering of $55,000,000 of the Corporation's common stock. The Corporation also expects to grant the underwriter a 30-day option to purchase up to an additional 15% of the shares of its common stock sold in the offering. BofA Securities is serving as the sole book-running manager for the offering.</p>


Offerings

Washington Trust Announces $55M Stock Offering

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Shares of banking-related companies are trading higher after Donald Trump won the US presidential election.

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Washington Trust Bancorp

Washington Trust Bancorp (WASH) Forecast

Washington Trust Bancorp (NASDAQ:WASH) Stock, Quote.Headers.trade-ideas

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