Washington Belief Bancorp (WASH) reported $48.98 million in income for the quarter ended December 2024, representing a year-over-year enhance of 6.6%. EPS of $0.59 for a similar interval compares to $0.76 a 12 months in the past.
The reported income represents a shock of +1.29% over the Zacks Consensus Estimate of $48.36 million. With the consensus EPS estimate being $0.58, the EPS shock was +1.72%.
Whereas buyers carefully watch year-over-year adjustments in headline numbers — income and earnings — and the way they examine to Wall Road expectations to find out their subsequent plan of action, some key metrics at all times present a greater perception into an organization’s underlying efficiency.
As these metrics affect top- and bottom-line efficiency, evaluating them to the year-ago numbers and what analysts estimated helps buyers undertaking a inventory’s value efficiency extra precisely.
Right here is how Washington Belief carried out within the simply reported quarter when it comes to the metrics most generally monitored and projected by Wall Road analysts:
- Web Curiosity Margin: 2% versus 1.9% estimated by two analysts on common.
- Whole noninterest earnings: $16.04 million in comparison with the $16.57 million common estimate based mostly on two analysts.
- Web Curiosity Revenue: $32.94 million versus the two-analyst common estimate of $31.98 million.
View all Key Company Metrics for Washington Trust here>>>
Shares of Washington Belief have returned +3.2% over the previous month versus the Zacks S&P 500 composite’s +1.7% change. The inventory at present has a Zacks Rank #1 (Sturdy Purchase), indicating that it might outperform the broader market within the close to time period.
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Washington Trust Bancorp, Inc. (WASH) : Free Stock Analysis Report
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The views and opinions expressed herein are the views and opinions of the creator and don’t essentially mirror these of Nasdaq, Inc.
