WESTERLY, R.I., July 10, 2018 (GLOBE NEWSWIRE) -- Washington Trust Bancorp, Inc. (NASDAQ:WASH) was recently named to American Banker’s
list of top performing midtier banks, ranking 32 out of 237 national institutions. Washington Trust has been included within the
top 40 banks on the list since 2014, and is one of only seven New England banks to break the top 100, and the only Rhode Island
bank to make the list in 2018.
The list, which was published in the June edition of American Banker magazine, ranks 237 public and
private companies with assets between $2 billion and $10 billion as of 12/31/17. The ranking is determined using the Capital
Performance Group analysis of data provided by S&P Global Market Intelligence, and based on each institution’s three-year
average returns on equity. Washington Trust had a three-year ROAE of 11.74%.
View the entire listing of top-performing midtier banks by visiting: americanbanker.com
ABOUT WASHINGTON TRUST BANCORP, INC.
Washington Trust Bancorp, Inc. is the parent of The Washington Trust Company, with $4.6 billion in assets as of March 31, 2018.
Founded in 1800, Washington Trust is the oldest community bank in the nation, the largest state-chartered
bank headquartered in Rhode Island and one of the Northeast’s premier financial services companies. Washington Trust offers a full
range of financial services, including commercial banking, mortgage banking, personal banking and wealth management and trust services through its offices located in Rhode Island, Connecticut
and Massachusetts. The Corporation’s common stock trades on NASDAQ under the symbol WASH. Investor information is available on the
Corporation’s web site at ir.washtrust.com.
MEDIA CONTACT:
Elizabeth B. Eckel
SVP, Marketing & Investor Relations
401.348.1309
ebeckel@washtrust.com
