Latest Washington Trust Bancorp (WASH) Headlines
Washington Trust finances two medical office buildings for USD8.8m in Rhode Island
M2 - Wed Mar 12, 8:34AM CDT
A provider of commercial real estate mortgages and subsidiary of the financial services company Washington Trust Bancorp Inc (NASDAQ GS:WASH), Washington Trust Company's Commercial Real Estate Group revealed on Tuesday that it recently provided USD8.8mn in financing for the refunding of University Medical Center LLC and Collyer Rehabilitation Center LLC at 195 and 208 Collyer St in Providence, Rhode Island.
Washington Trust Provides $8.8 Million in Financing to Two Medical Office Buildings in Providence, RI
Business Wire - Tue Mar 11, 8:54AM CDT
Washington Trust's Commercial Real Estate Group recently provided $8.8 million in financing for the refinancing of University Medical Center, LLC located at 195 Collyer St. in Providence, R.I. and Collyer Rehabilitation Center, LLC located at 208 Collyer St. Both are medical office buildings primarily leased to Miriam Hospital.
Washington Trust Finances Lakeview Center in Branford, Conn.
Business Wire - Thu Mar 06, 12:00PM CST
Washington Trust's Commercial Real Estate Group recently provided $4.8 million in financing to Lakeview Center Associates, LLC and Branford Equities, LLC for the refinancing of Lakeview Center, a 69,955 square foot shopping center located at 249-251 West Main Street, Branford, Conn., consisting of four single-story buildings leased by 16 tenants.
Washington Trust Partners with Vantiv for Merchant Processing Services
Business Wire - Mon Mar 03, 10:00AM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select(R): WASH), announced today that its wholly-owned subsidiary, The Washington Trust Company, has expanded its long-term relationship with Vantiv, Inc. (NYSE: VNTV), to now include Merchant Services.
Washington Trust Provides $3.9 in Financing to Taymil Ivy Manor, LLC
Business Wire - Mon Feb 24, 10:22AM CST
Washington Trust's Commercial Real Estate Group recently provided $3.9 million in financing to Taymil Ivy Manor, LLC, for refinancing and capital improvements to Manchester Green Apartment Homes in Manchester, Conn., which features four two-story buildings housing 72 multi-family rental units.
Washington Trust Reports Strong Fourth Quarter and Record 2013 Earnings
Business Wire - Tue Jan 28, 3:05PM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select; symbol: WASH), parent company of The Washington Trust Company, today announced net income of $9.8 million, or 58 cents per diluted share, for the fourth quarter of 2013. These results compared to third quarter of 2013 net income of $10.0 million, or 59 cents per diluted share, and fourth quarter of 2012 net income of $9.0 million, or 55 cents per diluted share.
Washington Trust provides USD6.45m finance for Civic Center Parking in Providence
M2 - Wed Jan 08, 6:50AM CST
Washington Trust Company's Commercial Real Estate Group, a provider of financial services and a subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), provided USD6.45m in financing to Civic Center Parking Associates LLC for Civic Center Parking in Providence, Rhode Island, it declared on Tuesday.
Washington Trust Finances $6.45 Million Parking Garage in Providence
Business Wire - Tue Jan 07, 2:52PM CST
Washington Trust's Commercial Real Estate Group recently provided $6.45 million in financing to Civic Center Parking Associates LLC for Civic Center Parking, a 438-space, five-story parking garage, and its two adjacent 39-space parking lots. Civic Center Parking is located at 165-191 Washington Street, Providence, RI, adjacent to Trinity Repertory Company and is directly across from Hasbro's new office building. The two parking lots are located at 143 Washington Street and 132 Fountain Street in Providence, RI.
Washington Trust Fourth Quarter 2013 Earnings Conference Call and Webcast
Business Wire - Mon Jan 06, 3:02PM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select(R): WASH), the publicly-owned holding company of The Washington Trust Company, will release fourth quarter 2013 earnings and the Corporation's executives will host a conference call as follows:
Uptrend Call Working As Washington Trust Bancorp Stock Rises 17.1% (WASH)
Comtex SmarTrend(R) - Mon Dec 23, 5:29PM CST
SmarTrend identified an Uptrend for Washington Trust Bancorp (NASDAQ:WASH) on October 10th, 2013 at $31.99. In approximately 2 months, Washington Trust Bancorp has returned 17.13% as of today's recent price of $37.47.
Washington Trust Bancorp, Inc. Declares 4th Quarter Dividend
Business Wire - Thu Dec 19, 12:41PM CST
The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ Global Select(R); symbol: WASH), today declared a quarterly dividend of 27 cents per share for the quarter ending December 31, 2013. This represents a one cent increase over the dividend paid last quarter and is the Corporation's third dividend increase this year. The dividend will be paid on January 14, 2014 to shareholders of record on January 2, 2014.
Washington Trust Finances $19.05 Million Historic Complex in Providence Foundry Associates Continues to Rebuild Promenade District
Business Wire - Tue Oct 29, 3:00PM CDT
Washington Trust's Commercial Real Estate Group recently provided financing to Foundry ALCO Members, LLC, for its $19.05 million acquisition of the five-building American Locomotive (ALCO) Complex at 68 Hemlock and 51 Valley Streets in Providence, RI. The brick ALCO buildings, originally constructed as a locomotive factory in 1901, are located on 11.8 acres in the Promenade District of downtown, Providence. The 200,000 square foot commercial property was redeveloped into an office complex in 2006-2009 and is now 70 percent leased with a mix of tenants, including law firms, an engineering company, and the Rhode Island Economic Development Corporation. The largest tenant in the complex is United Natural Foods, Inc., the largest wholesale natural food distributor in the United States. Washington Trust led the financing which included funding from Rockland Trust.
Washington Trust Finances $7.2 Million Retail Center in Smithfield, RI
Business Wire - Thu Oct 24, 10:22AM CDT
Washington Trust's Commercial Real Estate Group recently provided $7.2 million in financing to Linear Retail Smithfield, LLC for tenant improvements to Smithfield Commons, a 35,130 square foot shopping center located at 400 Putnam Pike in Smithfield, RI. Over the past several years the building has been renovated to provide space to new tenants such as Starbucks and Sienna Restaurant. Other major tenants include: Papa Gino's, Concentra, Verizon, Sprint, H&R Block, UPS, and Sovereign Bank.
Downgrade Alert for Washington Trust Bancorp (WASH)
Comtex SmarTrend(R) - Wed Oct 23, 7:11AM CDT
Washington Trust Bancorp (NASDAQ:WASH) was downgraded from Buy to Hold at Sandler ONeill today. The stock closed yesterday at $34.60 on volume of 33,000 shares, above average daily volume of 31,000. Washington Trust Bancorp share prices have moved between a 52-week high of $35.64 and a 52-week low of $23.50 and closed yesterday at 47% above that low price at $34.60 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.
Washington Trust Announces Third Quarter 2013 Earnings
Business Wire - Mon Oct 21, 3:03PM CDT
Washington Trust Bancorp, Inc. (NASDAQ Global Select; symbol: WASH), parent company of The Washington Trust Company, today announced net income of $10.0 million, or 59 cents per diluted share, for the third quarter 2013. These results compared favorably to second quarter of 2013 net income of $9.0 million, or 54 cents per diluted share, and third quarter of 2012 net income of $8.9 million, or 54 cents per diluted share.
Washington Trust Finances $10.5 Million Fairfield County Property
Business Wire - Thu Oct 17, 2:00PM CDT
Washington Trust's Commercial Real Estate Group provided $10.5 million in commercial real estate financing to 180 Westport Partners, LLC for the acquisition and renovation of a mixed-used property in Westport, CT. The 32,103 square foot office-retail space is located in Westport's downtown retail corridor at 180 Post Road, just one block from the town's Main Street.
Washington Trust provides financing of USD2.6m for Connecticut retail centre
M2 - Thu Oct 17, 4:28AM CDT
Washington Trust, a financial services company and a subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), disclosed on Wednesday that its Commercial Real Estate Group financed 1086 North Colony LLC with USD2.6m, for a two-suite retail centre in Wallingford, Connecticut.
Washington Trust Finances $2.6 Million Wallingford, CT Retail Center
Business Wire - Wed Oct 16, 3:25PM CDT
Washington Trust's Commercial Real Estate Group provided $2.6 million in financing to 1086 North Colony, LLC for a two-suite retail center in Wallingford, CT. The 1.13 acre property consists of a 7,500 square foot, multi-tenant convenience/retail center, which is scheduled for completion in early 2014. Pre-leased retail tenants include Verizon Wireless and DiBella's Old-Fashioned Submarine, Inc.
Washington Trust Wealth Management names Robert B Norberg as VP and business development officer
M2 - Thu Oct 10, 5:28AM CDT
The Washington Trust Company, a financial services provider and subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), announced on Wednesday that Washington Trust Wealth Management named Robert B Norberg as vice president (VP) and business development officer of Weston Financial, at its Wellesley, Massachusetts division.
Fidelity Exec Joins Washington Trust Wealth Management's Wellesley Office
Business Wire - Wed Oct 09, 1:44PM CDT
Washington Trust Wealth Management announced that Robert B. Norberg of Winchester, MA has joined Weston Financial, its Wellesley, MA division, as Vice President & Business Development Officer. Norberg will oversee Weston's corporate relationships, assisting companies with developing financial life planning programs for executives. Norberg joins Washington Trust after 18 years at Fidelity Investments where he most recently served as Vice President of Client Service Operations & Process Improvement for Fidelity's Stock Plan Services business.
Washington Trust finances two medical office buildings for USD8.8m in Rhode Island
M2 - Wed Mar 12, 8:34AM CDT
A provider of commercial real estate mortgages and subsidiary of the financial services company Washington Trust Bancorp Inc (NASDAQ GS:WASH), Washington Trust Company's Commercial Real Estate Group revealed on Tuesday that it recently provided USD8.8mn in financing for the refunding of University Medical Center LLC and Collyer Rehabilitation Center LLC at 195 and 208 Collyer St in Providence, Rhode Island.
Washington Trust Provides $8.8 Million in Financing to Two Medical Office Buildings in Providence, RI
Business Wire - Tue Mar 11, 8:54AM CDT
Washington Trust's Commercial Real Estate Group recently provided $8.8 million in financing for the refinancing of University Medical Center, LLC located at 195 Collyer St. in Providence, R.I. and Collyer Rehabilitation Center, LLC located at 208 Collyer St. Both are medical office buildings primarily leased to Miriam Hospital.
Washington Trust Finances Lakeview Center in Branford, Conn.
Business Wire - Thu Mar 06, 12:00PM CST
Washington Trust's Commercial Real Estate Group recently provided $4.8 million in financing to Lakeview Center Associates, LLC and Branford Equities, LLC for the refinancing of Lakeview Center, a 69,955 square foot shopping center located at 249-251 West Main Street, Branford, Conn., consisting of four single-story buildings leased by 16 tenants.
Washington Trust Partners with Vantiv for Merchant Processing Services
Business Wire - Mon Mar 03, 10:00AM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select(R): WASH), announced today that its wholly-owned subsidiary, The Washington Trust Company, has expanded its long-term relationship with Vantiv, Inc. (NYSE: VNTV), to now include Merchant Services.
Washington Trust Provides $3.9 in Financing to Taymil Ivy Manor, LLC
Business Wire - Mon Feb 24, 10:22AM CST
Washington Trust's Commercial Real Estate Group recently provided $3.9 million in financing to Taymil Ivy Manor, LLC, for refinancing and capital improvements to Manchester Green Apartment Homes in Manchester, Conn., which features four two-story buildings housing 72 multi-family rental units.
Washington Trust Reports Strong Fourth Quarter and Record 2013 Earnings
Business Wire - Tue Jan 28, 3:05PM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select; symbol: WASH), parent company of The Washington Trust Company, today announced net income of $9.8 million, or 58 cents per diluted share, for the fourth quarter of 2013. These results compared to third quarter of 2013 net income of $10.0 million, or 59 cents per diluted share, and fourth quarter of 2012 net income of $9.0 million, or 55 cents per diluted share.
Washington Trust provides USD6.45m finance for Civic Center Parking in Providence
M2 - Wed Jan 08, 6:50AM CST
Washington Trust Company's Commercial Real Estate Group, a provider of financial services and a subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), provided USD6.45m in financing to Civic Center Parking Associates LLC for Civic Center Parking in Providence, Rhode Island, it declared on Tuesday.
Washington Trust Finances $6.45 Million Parking Garage in Providence
Business Wire - Tue Jan 07, 2:52PM CST
Washington Trust's Commercial Real Estate Group recently provided $6.45 million in financing to Civic Center Parking Associates LLC for Civic Center Parking, a 438-space, five-story parking garage, and its two adjacent 39-space parking lots. Civic Center Parking is located at 165-191 Washington Street, Providence, RI, adjacent to Trinity Repertory Company and is directly across from Hasbro's new office building. The two parking lots are located at 143 Washington Street and 132 Fountain Street in Providence, RI.
Washington Trust Fourth Quarter 2013 Earnings Conference Call and Webcast
Business Wire - Mon Jan 06, 3:02PM CST
Washington Trust Bancorp, Inc. (NASDAQ Global Select(R): WASH), the publicly-owned holding company of The Washington Trust Company, will release fourth quarter 2013 earnings and the Corporation's executives will host a conference call as follows:
Uptrend Call Working As Washington Trust Bancorp Stock Rises 17.1% (WASH)
Comtex SmarTrend(R) - Mon Dec 23, 5:29PM CST
SmarTrend identified an Uptrend for Washington Trust Bancorp (NASDAQ:WASH) on October 10th, 2013 at $31.99. In approximately 2 months, Washington Trust Bancorp has returned 17.13% as of today's recent price of $37.47.
Washington Trust Bancorp, Inc. Declares 4th Quarter Dividend
Business Wire - Thu Dec 19, 12:41PM CST
The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ Global Select(R); symbol: WASH), today declared a quarterly dividend of 27 cents per share for the quarter ending December 31, 2013. This represents a one cent increase over the dividend paid last quarter and is the Corporation's third dividend increase this year. The dividend will be paid on January 14, 2014 to shareholders of record on January 2, 2014.
Washington Trust Finances $19.05 Million Historic Complex in Providence Foundry Associates Continues to Rebuild Promenade District
Business Wire - Tue Oct 29, 3:00PM CDT
Washington Trust's Commercial Real Estate Group recently provided financing to Foundry ALCO Members, LLC, for its $19.05 million acquisition of the five-building American Locomotive (ALCO) Complex at 68 Hemlock and 51 Valley Streets in Providence, RI. The brick ALCO buildings, originally constructed as a locomotive factory in 1901, are located on 11.8 acres in the Promenade District of downtown, Providence. The 200,000 square foot commercial property was redeveloped into an office complex in 2006-2009 and is now 70 percent leased with a mix of tenants, including law firms, an engineering company, and the Rhode Island Economic Development Corporation. The largest tenant in the complex is United Natural Foods, Inc., the largest wholesale natural food distributor in the United States. Washington Trust led the financing which included funding from Rockland Trust.
Washington Trust Finances $7.2 Million Retail Center in Smithfield, RI
Business Wire - Thu Oct 24, 10:22AM CDT
Washington Trust's Commercial Real Estate Group recently provided $7.2 million in financing to Linear Retail Smithfield, LLC for tenant improvements to Smithfield Commons, a 35,130 square foot shopping center located at 400 Putnam Pike in Smithfield, RI. Over the past several years the building has been renovated to provide space to new tenants such as Starbucks and Sienna Restaurant. Other major tenants include: Papa Gino's, Concentra, Verizon, Sprint, H&R Block, UPS, and Sovereign Bank.
Downgrade Alert for Washington Trust Bancorp (WASH)
Comtex SmarTrend(R) - Wed Oct 23, 7:11AM CDT
Washington Trust Bancorp (NASDAQ:WASH) was downgraded from Buy to Hold at Sandler ONeill today. The stock closed yesterday at $34.60 on volume of 33,000 shares, above average daily volume of 31,000. Washington Trust Bancorp share prices have moved between a 52-week high of $35.64 and a 52-week low of $23.50 and closed yesterday at 47% above that low price at $34.60 per share. Over the past week, the 200-day moving average (MA) has gone up 0.4% while the 50-day MA has advanced 0.3%.
Washington Trust Announces Third Quarter 2013 Earnings
Business Wire - Mon Oct 21, 3:03PM CDT
Washington Trust Bancorp, Inc. (NASDAQ Global Select; symbol: WASH), parent company of The Washington Trust Company, today announced net income of $10.0 million, or 59 cents per diluted share, for the third quarter 2013. These results compared favorably to second quarter of 2013 net income of $9.0 million, or 54 cents per diluted share, and third quarter of 2012 net income of $8.9 million, or 54 cents per diluted share.
Washington Trust Finances $10.5 Million Fairfield County Property
Business Wire - Thu Oct 17, 2:00PM CDT
Washington Trust's Commercial Real Estate Group provided $10.5 million in commercial real estate financing to 180 Westport Partners, LLC for the acquisition and renovation of a mixed-used property in Westport, CT. The 32,103 square foot office-retail space is located in Westport's downtown retail corridor at 180 Post Road, just one block from the town's Main Street.
Washington Trust provides financing of USD2.6m for Connecticut retail centre
M2 - Thu Oct 17, 4:28AM CDT
Washington Trust, a financial services company and a subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), disclosed on Wednesday that its Commercial Real Estate Group financed 1086 North Colony LLC with USD2.6m, for a two-suite retail centre in Wallingford, Connecticut.
Washington Trust Finances $2.6 Million Wallingford, CT Retail Center
Business Wire - Wed Oct 16, 3:25PM CDT
Washington Trust's Commercial Real Estate Group provided $2.6 million in financing to 1086 North Colony, LLC for a two-suite retail center in Wallingford, CT. The 1.13 acre property consists of a 7,500 square foot, multi-tenant convenience/retail center, which is scheduled for completion in early 2014. Pre-leased retail tenants include Verizon Wireless and DiBella's Old-Fashioned Submarine, Inc.
Washington Trust Wealth Management names Robert B Norberg as VP and business development officer
M2 - Thu Oct 10, 5:28AM CDT
The Washington Trust Company, a financial services provider and subsidiary of Washington Trust Bancorp Inc (NASDAQ GS:WASH), announced on Wednesday that Washington Trust Wealth Management named Robert B Norberg as vice president (VP) and business development officer of Weston Financial, at its Wellesley, Massachusetts division.
Fidelity Exec Joins Washington Trust Wealth Management's Wellesley Office
Business Wire - Wed Oct 09, 1:44PM CDT
Washington Trust Wealth Management announced that Robert B. Norberg of Winchester, MA has joined Weston Financial, its Wellesley, MA division, as Vice President & Business Development Officer. Norberg will oversee Weston's corporate relationships, assisting companies with developing financial life planning programs for executives. Norberg joins Washington Trust after 18 years at Fidelity Investments where he most recently served as Vice President of Client Service Operations & Process Improvement for Fidelity's Stock Plan Services business.
