Washington Trust Reports Q4 2024 Earnings with Net Loss and Adjusted Earnings
Washington Trust (WASH) reported a net loss of $60.8 million for the quarter, attributed to balance sheet repositioning losses, but adjusted net income was $10.4 million. The company noted a slight increase in net interest income and margin, with projections for further improvement in the coming quarters.
Topics: Earnings Loan Portfolio Mortgage Banking Net Income Net Interest Income Net Loss Wealth Management