Washington Trust Q3 net income $18.8M, EPS $1.07; assets hit record $6B

WASHINGTON TRUST BANCORP INC

2021-Q3 EPS reported $3.24 revenue$170,782,000

Net income $18.8M ($1.07 diluted EPS) vs Q2 2021 net income $17.5M ($1.00 EPS).
Net interest income $36.1M, up 4% linked quarter; net interest margin 2.58%.
Record total assets $6.0B and record total deposits $5.1B; wealth management AUA $7.4B.
No provision for credit losses in Q3; nonaccrual loans 0.26% of total loans.

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