Daily Stock Analysis, WASH, Washington Trust Bancorp Inc, priceseries

Washington Trust Bancorp, Inc. is a bank holding company that engages in the provision of financial services, including business banking, personal banking, and wealth management and trust services. It operates through the Commercial Banking and Wealth Management Services segments. The Commercial Banking segment activities include lending, commercial loans, residential real estate mortgages, consumer loans and deposits. The Wealth Management Services segment provides a wealth management services to personal and institutional clients and mutual funds. These services include investment management, financial planning, personal trust services including services as trustee, administrator, custodian and guardian and estate settlement. The company was founded in 1984 and is headquartered in Westerly, RI.

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company that offers various banking and financial products and services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing checking, noninterest-bearing checking, savings, money market, and retirement deposit accounts; and certificates of deposit, as well as debit card, ATM, telephone banking, Internet banking, mobile banking, remote deposit capture, and cash management services. This segment also provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages, and construction and development loans; commercial and industrial loans; residential real estate loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, including services as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services, such as custody and fiduciary services. This segment serves personal and institutional clients, and mutual funds. The company also operates as a licensed broker-dealer that markets investment programs, including mutual funds and variable annuities. As of December 31, 2016, it had 10 branch offices located in southern Rhode Island; 10 branch offices located in the greater Providence area in Rhode Island; and 1 branch office located in southeastern Connecticut. The company was founded in 1800 and is headquartered in Westerly, Rhode Island.