WASHINGTON TRUST BANCORP INC (WASH) Form 10-Q — Nov 5, 2026
Washington Trust Bancorp reported Q3 2026 net income of $19.4 million, up 79% year over year, with diluted EPS of $1.01 versus $0.56 a year ago. Total revenues grew 15% to $65.0 million while the provision for credit losses fell 74% to $1.8 million. Net interest income rose 15% to $44.7 million as net interest margin expanded 44 basis points to 2.84%, helped by lower funding costs and the end of a terminated cash flow hedge loss amortization. Return on average equity was 13.89% for the quarter.
Key figures
- Eps
- 1.01
- Revenue
- 64957000
- Net Income
- 19381000
- Total Debt
- 376000000
- Revenue Yoy
- 15% (Q3 total revenues)
- Total Assets
- 6538491000
- Cash Position
- 95491000
- Shares Outstanding
- 19093323
- Q3 roe
- 13.89%
- Wealth aua
- 7917811000
- Total loans
- 5164852000
- Total deposits
- 5436016000
- Nim prior year q3
- 2.40%
- Total capital ratio
- 13.25%
- Dividend declared q3
- $0.56 per share
- Net income nine months
- 47962000
- Net interest income q3
- 44692000
- Net interest margin q3
- 2.84%
- Diluted eps nine months
- 2.5
- Fhlb advances period end
- 376000000
- Total shareholders equity
- 530767000
- Provision for credit losses q3
- 1800000
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