NASDAQ$WASH
Washington Trust Bancorp Inc · Q3 2022 earnings
Q3 2022 earnings · · Investor relations
Briefing
Washington Trust's Q3 2022 results were announced, showcasing a solid performance driven by a diversified business model.
Washington Trust Bancorp reported a net income of $18.7 million, or $1.08 per diluted share, for the third quarter of 2022. The results reflect strong loan growth and an all-time quarterly record for net interest income.
- Net income for Q3 2022 was $18.7 million, or $1.08 per diluted share.
- Net interest income reached a record $42.0 million, up 12% from the previous quarter.
- Total loans increased to $4.8 billion, reflecting growth in commercial and residential real estate loan portfolios.
- In-market deposits amounted to $4.6 billion, up 2% from the previous quarter.
Headline financials
Revenue & EPS history
Washington Trust · Revenue · Quarterly
$57.8M
Revenue by segment
Washington Trust · $11.6M total across 2 segments · Q3 2022
- Wealth Mgmt$9.53M-9.3%82.3%
- Mortgage Banking$2.05M-68.0%17.7%
Forward guidance
Washington Trust will host a conference call to discuss its third quarter results, business highlights and outlook on Tuesday, October 25, 2022.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q3 2022
+0.2%
Avg return
Earnings day
+0.3%
Avg return
5 days after
+1.1%
Avg return
30 days after
50%
33 / 66 earnings
Positive
+12.8%
Q4 2025
Best reaction
-12.5%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.3% | -14.3% | -10.8% | |
| Q4 2025 | +12.8% | +18.3% | +11.6% | |
| Q3 2025 | +2.9% | +3.7% | -0.6% | |
| Q2 2025 | -2.7% | -2.4% | +3.1% | |
| Q1 2025 | -3.6% | +1.9% | +3.6% | |
| Q4 2024 | -0.8% | +2.9% | -1.1% | |
| Q3 2024 | +4.1% | +3.4% | +10.0% | |
| Q2 2024 | +6.2% | +5.4% | -2.4% | |
| Q1 2024 | +3.6% | +2.3% | +5.8% | |
| Q4 2023 | -4.1% | -0.2% | -14.6% | |
| Q3 2023 | -9.0% | -11.4% | +7.6% | |
| Q2 2023 | +2.1% | +11.5% | -4.3% | |
| Q1 2023 | -12.5% | -14.2% | -21.8% | |
| Q4 2022 | -11.1% | -11.6% | -10.2% | |
| Q3 2022 | +2.0% | +1.4% | +2.9% | |
| Q2 2022 | +5.5% | +10.4% | +7.0% | |
| Q1 2022 | -2.7% | -5.5% | -2.8% | |
| Q4 2021 | -1.9% | -2.6% | -6.2% | |
| Q3 2021 | +1.5% | -0.7% | +5.1% | |
| Q2 2021 | -7.2% | -4.5% | +3.8% | |
| Q1 2021 | +2.3% | +4.8% | +7.6% | |
| Q4 2020 | -1.5% | -3.0% | +5.3% | |
| Q3 2020 | +2.6% | +8.0% | +17.8% | |
| Q2 2020 | +12.0% | +8.3% | +10.9% | |
| Q1 2020 | +7.6% | +2.8% | +2.9% | |
| Q4 2019 | -7.6% | -7.6% | -9.8% | |
| Q3 2019 | +3.7% | +1.9% | +6.7% | |
| Q2 2019 | -6.5% | -2.9% | -7.9% | |
| Q1 2019 | +2.8% | +2.6% | +5.0% | |
| Q4 2018 | -3.8% | -1.0% | -1.4% | |
| Q3 2018 | -3.1% | -4.8% | -4.7% | |
| Q2 2018 | +3.2% | -0.5% | +0.8% | |
| Q1 2018 | +0.5% | +1.1% | +4.4% | |
| Q4 2017 | -0.3% | +1.8% | -2.6% | |
| Q3 2017 | -6.8% | -3.2% | -6.5% | |
| Q2 2017 | +7.1% | +6.2% | -0.4% | |
| Q1 2017 | +0.9% | -3.8% | -4.5% | |
| Q4 2016 | +8.1% | +2.2% | +2.9% | |
| Q3 2016 | +10.7% | +10.9% | +28.7% | |
| Q2 2016 | -3.9% | -3.5% | +5.0% | |
| Q1 2016 | -1.6% | — | — | |
| Q4 2015 | +7.0% | — | — | |
| Q3 2015 | -2.1% | — | — | |
| Q2 2015 | +2.9% | — | — | |
| Q1 2015 | -0.2% | — | — | |
| Q4 2014 | -1.8% | — | — | |
| Q3 2014 | +2.2% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | -0.3% | — | — | |
| Q4 2013 | -3.8% | — | — | |
| Q3 2013 | +3.4% | — | — | |
| Q2 2013 | -0.5% | — | — | |
| Q1 2013 | -0.4% | — | — | |
| Q4 2009 | -0.1% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q4 2012 | +0.5% | — | — | |
| Q3 2012 | +0.5% | — | — | |
| Q2 2012 | -0.8% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q1 2012 | +1.8% | — | — | |
| Q3 2011 | +2.4% | — | — | |
| Q3 2010 | +2.4% | — | — | |
| Q2 2011 | -3.2% | — | — | |
| Q4 2010 | -3.2% | — | — | |
| Q2 2010 | -3.2% | — | — | |
| Q1 2010 | +0.1% | — | — |
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