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.
Key figures
- Eps
- 0.83
- Roa
- 0.99%
- Roe
- 11.61%
- Net income
- $16.0 million
- Total loans
- $5.1 billion
- Total deposits
- $5.4 billion
- Dividend per share
- $0.56
- Noninterest income
- $18.7 million
- Net interest income
- $41.8 million
- Net interest margin
- 2.73%
- Book value per share
- $29.02
- Common equity tier 1 ratio
- 11.89%
- Provision for credit losses
- $1.6 million
AI analysis
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