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For the quarter ended March 2025, Washington Trust Bancorp (WASH) reported revenue of $59.07 million, up 21% over the same period last year. EPS came in at $0.61, compared to $0.64 in the year-ago quarter.
The reported revenue compares to the Zacks Consensus Estimate of $52.98 million, representing a surprise of +11.50%. The company delivered an EPS surprise of -1.61%, with the consensus EPS estimate being $0.62.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Washington Trust performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
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Net Interest Margin: 2.3% versus 2.3% estimated by two analysts on average.
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Efficiency Ratio: 71.4% versus 69.5% estimated by two analysts on average.
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Total noninterest income: $22.64 million versus $16.28 million estimated by two analysts on average.
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Net Interest Income: $36.42 million versus $36.69 million estimated by two analysts on average.
View all Key Company Metrics for Washington Trust here>>>
Shares of Washington Trust have returned -13.1% over the past month versus the Zacks S&P 500 composite's -5.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Washington Trust Bancorp, Inc. (WASH) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).