WASHINGTON TRUST BANCORP INC (WASH) Washington Trust Bancorp, Inc. functions as the holding company for The Washington Trust Company, delivering a diverse range of banking and financial solutions to individuals and corporate clients. The company is structured into two primary divisions: Commercial Banking and Wealth Management Services. The Commercial Banking division extends a wide array of credit products to businesses and individuals. This includes financing for commercial real estate (like mortgages and construction projects), commercial and industrial ventures, residential properties (such as mortgages and home construction), and various consumer needs, including home equity lines, personal installment loans, and even loans for general aviation aircraft. Alongside lending, it provides a comprehensive suite of deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, retirement accounts, and certificates of deposit. Customers also benefit from modern banking conveniences such as debit cards, ATMs, telephone banking, online and mobile platforms, remote deposit capture, and tailored cash management services. The Wealth Management Services segment delivers specialized financial guidance, encompassing investment management, financial planning, and comprehensive trust and estate services for both individual and institutional clients. These services include acting as a trustee, personal representative, custodian, and guardian, managing the settlement of estates, and offering institutional custody and fiduciary support. Additionally, the company operates as a licensed broker-dealer, making available products like variable annuities and college savings plans. As of December 31, 2021, its physical presence included 10 branch locations across southern Rhode Island, 13 within the broader Providence metropolitan area in Rhode Island, and a single branch in southeastern Connecticut. Established in 1800, Washington Trust Bancorp, Inc. has its headquarters in Westerly, Rhode Island.
Sector: State Commercial Banks
Industry: Banks - Regional
Washington Trust Bancorp, Inc. NASDAQ:WASH Financial Services · Banks - Regional
Mkt Cap $751.7M
Div Yield 5.69%
Prev close $38.62 Open $38.95 Now $39.37 VOL 30K $ Vol $1.16M RVOL 0.22x
Mkt Cap $751.7M
VOL 30K sh
$ Vol $1.16M
RVOL 0.22×
Div Yield 5.69%
Press Release ● Major ⚠ 3
Washington Trust Reports Third Quarter 2026 Results
Washington Trust Bancorp reported Q3 2026 net income of $19.4 million, up 21% from Q2 and 79% from Q3 2025, with diluted EPS of $1.01 versus $0.83 in the prior quarter.
Net interest income rose 7% sequentially to $44.7 million as NIM expanded 11 bps to 2.84%, while ROE improved to 13.89% and deposits hit an all-time high of $5.4 billion.
Asset quality improved markedly after resolution of a $22.3 million CRE office loan: nonaccrual loans fell to $24.5 million (0.48% of loans) from $39.8 million, though net charge-offs rose to $3.9 million on the related $3.8 million charge-off.
Book value per share declined to $27.82 from $29.02 on AOCI losses, but the CET1 ratio ticked up to 11.93% and the quarterly dividend of $0.56 was maintained.
• 20d ago AI analysis › Press Release
Washington Trust Announces Date of Third Quarter 2026 Earnings Release, Conference Call and Webcast
Washington Trust Bancorp (NASDAQ: WASH) announced it will release third quarter 2026 earnings after market close on Monday, October 19, 2026.
A conference call with executives is scheduled for Tuesday, October 20, 2026, at 8:30 a.m. ET, with a listen-only webcast and replay available.
The release contains no financial results; the holding company's subsidiary bank reported $6.5 billion in assets as of June 30, 2026.
• 1mo ago AI analysis › Press Release
Washington Trust Bancorp, Inc. Announces Quarterly Dividend
Washington Trust Bancorp's board of directors declared a quarterly dividend of 56 cents per share for the quarter ending September 30, 2026.
The dividend will be paid October 9, 2026 to shareholders of record on October 1, 2026.
Washington Trust is a Rhode Island-based bank holding company with $6.5 billion in assets as of June 30, 2026 and is recognized as the oldest community bank in the nation, founded in 1800.
• 1mo ago AI analysis › Press Release
Washington Trust launches Age With Wisdom™ education series to help Rhode Island and Connecticut older adults prevent financial exploitation and plan for the future
Washington Trust launched the Age With Wisdom™ education series, a community-focused initiative designed to help older adults in Rhode Island and Connecticut prevent financial exploitation and navigate aging-related financial challenges.
The program combines fraud prevention education with personalized financial planning guidance and is supported by the bank's verified status as an AARP BankSafe® institution.
Upcoming free sessions are scheduled for August 20 in Charlestown, RI, and September 9 in East Providence, RI, with additional resources available online.
• 2mo ago AI analysis › Press Release
Las Vegas Sands Donates $450,000 to The WASH Foundation
prnewswire.com • 3mo ago Press Release ⚠ 1
Washington Trust Reports Second Quarter 2026 Results
Washington Trust reported Q2 2026 net income of $16.0 million, or $0.83 per diluted share, up 26% sequentially from the prior quarter, driven by strong execution and margin expansion.
Net interest margin improved by 10 basis points to 2.73%, supported by a 2% increase in loan balances to $5.1 billion and a 4% rise in total deposits to $5.4 billion.
The board declared a quarterly dividend of $0.56 per share and maintained a strong capital position with a common equity tier 1 ratio of 11.89%.
• 3mo ago AI analysis › Press Release
Washington Trust to open 30th branch in historic Bristol, R.I.
Washington Trust announced plans to open its 30th full-service branch later this year at 590 Metacom Ave. in Bristol, Rhode Island.
The new location will provide a comprehensive range of financial services, including personal and business banking, lending solutions, and wealth management services to the East Bay community.
CEO Ned Handy stated that the bank looks forward to becoming an active part of the vibrant community and serving residents and businesses for years to come.
• 3mo ago AI analysis › Press Release
Washington Trust Announces Date of Second Quarter 2026 Earnings Release, Conference Call and Webcast
Washington Trust Bancorp announced it will release its second quarter 2026 earnings after the market closes on Monday, July 20, 2026.
A conference call with company executives is scheduled for the following day, Tuesday, July 21, 2026, at 8:30 a.m. ET.
As of March 31, 2026, the Corporation reported assets of $6.5 billion and celebrated 225 years of operation.
• 4mo ago AI analysis › Press Release
Washington Trust Bancorp, Inc. Announces Quarterly Dividend
Washington Trust Bancorp declared a quarterly dividend of 56 cents per share for the quarter ending June 30, 2026.
The dividend is payable on July 10, 2026 to shareholders of record on July 1, 2026.
The company reported total assets of $6.5 billion as of March 31, 2026.
• 4mo ago AI analysis › Press Release
Forbes names Washington Trust to America's Best-In-State Banks list for eighth consecutive year
Washington Trust has been named to the Forbes list of America's Best-In-State Banks for the eighth consecutive year, earning the distinction of Rhode Island's most awarded bank.
The ranking is based on an independent survey of consumers and publicly available reviews, focusing on customer satisfaction and service quality.
CEO Ned Handy credited the recognition to the strength of customer relationships and the team's commitment to exceptional service.
• 4mo ago AI analysis › Press Release
The Washington Trust Company hires two vice presidents for commercial banking team
Washington Trust hired two vice presidents, Daniel Hagerty and Thomas Quinlan, to strengthen its commercial banking team.
Hagerty brings over 35 years of experience focused on commercial and industrial financing, while Quinlan has two decades of experience serving small and mid-sized businesses.
The new hires are intended to enhance the bank's ability to deliver lending, deposit, and cash-management solutions throughout the region.
• 6mo ago AI analysis › Press Release
Washington Trust elects Jeffrey M. Wilhelm to Board of Directors
Washington Trust Bancorp elected Jeffrey M. Wilhelm to its Board of Directors and the board of its subsidiary bank, The Washington Trust Company, effective immediately.
Wilhelm brings over 25 years of experience in data, technology, and digital transformation, having founded and led consulting firm Infused Innovations.
He will serve on the Audit Committees of both the Corporation and the Bank, bolstering the board's expertise in cybersecurity and AI.
• 6mo ago AI analysis › Press Release
Washington Trust Reports First Quarter 2026 Results
prnewswire.com • 6mo ago 
