Washington Trust Bancorp Inc
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WASH Washington Trust Bancorp Inc
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Financials : Banks | Company profile

Washington Trust Bancorp, Inc. is a bank holding company and financial holding company. The Company is a holding company of The Washington Trust Company, of Westerly (the Bank), a Rhode Island chartered commercial bank. The Company operates through two business segments: Commercial Banking and Wealth Management Services. The Company offers a range of product lines of banking and financial services to individuals and businesses, including commercial, residential and consumer lending, retail and commercial deposit products, and wealth management services through its offices in Rhode Island, eastern Massachusetts and Connecticut; its automated teller machines (ATMs); telephone banking; mobile banking and its Internet Website (www.washtrust.com). Its investment securities portfolio amounted to $755.5 million, as of December 31, 2016. The Company's total loan portfolio amounted to $3.2 billion, as of December 31, 2016.

Day's Change
0.075 (0.14%)
B/A Size
Day's High
Day's Low
(Heavy Day)

Today's volume of 43,020 shares is on pace to be much greater than WASH's 10-day average volume of 43,335 shares.


GE's stock surges after report of IPO plans for health-care business

7:41 am ET December 19, 2018 (MarketWatch)

Shares of General Electric Co. (GE) rallied 2.9% in premarket trade Wednesday, after Bloomberg reported that diversified industrial company had confidentially filed for an initial public offering of its health-care unit. Bloomberg reported, citing people familiar with the matter, that GE is working with Goldman Sachs, Bank of America, Citigroup, J.P. Morgan Chase and Morgan Stanley on the planned IPO. GE said earlier this year that it planned to spin off its health-care business (http://www.marketwatch.com/story/ge-to-spin-off-health-care-business-unload-baker-hughes-2018-06-26), as part of the company's strategy to focus on its power, aviation and renewable-energy businesses. The stock has tumbled 43.5% over the past three months and has dropped 58.3% year to date, while the Dow Jones Industrial Average has lost 10.3% over the past three months and has slipped 4.2% this year.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

(END) Dow Jones Newswires

December 19, 2018 07:41 ET (12:41 GMT)

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