Welcome to our dedicated page for Washington Tr Bancorp news (Ticker: WASH), a resource for investors and traders seeking the latest updates and insights on Washington Tr Bancorp stock.
Washington Trust Bancorp, Inc. reports developments for a publicly owned bank holding company whose subsidiary, The Washington Trust Company, provides commercial banking, mortgage banking, personal banking and wealth management services in Rhode Island, Connecticut and Massachusetts. Recurring news covers quarterly earnings, net interest margin, deposits, lending activity, asset quality, capital ratios and dividends.
Company updates also include commercial and institutional banking expansion, services for education, healthcare, nonprofit and cultural organizations, leadership and board changes, annual shareholder meeting matters and digital banking capabilities.
Washington Trust (NASDAQ: WASH) launched its Age With Wisdom™ education series to help older adults, families, and caregivers in Rhode Island and southeastern Connecticut prevent financial exploitation and plan for aging-related financial needs. The community-focused program integrates fraud-prevention education, financial planning guidance, and AARP BankSafe®-trained staff support.
Age With Wisdom™ offers resources on organizing accounts, establishing trusted contacts and powers of attorney, beneficiary designations, home-equity strategies for aging in place, and coordinating with professional advisors. Free in-person seminars begin August 20, 2026, with sessions in Charlestown, RI, East Providence, RI, and at StoneRidge Senior Living and Academy Point in Mystic, CT. Additional dates and online resources, including articles, guides, checklists, and videos, are available at washtrust.com/age.
Washington Trust (Nasdaq: WASH) reported second quarter 2026 net income of $16.0 million, or $0.83 per diluted share, up $3.4 million QoQ and $2.7 million YoY. Returns on average equity and assets were 11.61% and 0.99%, respectively, while net interest margin rose 10 bps to 2.73%.
Net interest income increased 3% QoQ and 12% YoY, aided by the full amortization of a terminated cash flow hedge, which added about $1.4 million and 9 bps of NIM this quarter and will no longer be an expense going forward. Noninterest income grew 8% QoQ, driven by 5% higher wealth management revenues and 14% higher mortgage banking revenues.
Total loans reached $5.1 billion, up 2% QoQ, and deposits rose 4% QoQ and 6% YoY to $5.4 billion. FHLB advances declined 21% QoQ to $456 million. Asset quality remained stable, with nonaccrual loans at 0.78% of total loans and an ACL of 0.83%. The Board declared a quarterly dividend of $0.56 per share, and the common equity tier 1 ratio was 11.89% at June 30, 2026.
Washington Trust (NASDAQ: WASH) announced plans to open its 30th full-service branch later in 2026 at 590 Metacom Ave., Bristol, Rhode Island. The new East Bay location will offer personal and business banking, mortgage and home equity lending, commercial banking, and wealth management and trust services, extending Washington Trust’s more than 225-year presence in Rhode Island and New England.
Washington Trust (NASDAQ: WASH) will release its second quarter 2026 earnings on Monday, July 20, 2026, after market close, and hold a conference call with executives on Tuesday, July 21, 2026, at 8:30 a.m. ET, with phone and webcast access plus replay.
Washington Trust Bancorp (Nasdaq:WASH) declared a quarterly cash dividend of $0.56 per share for the quarter ending June 30, 2026.
The dividend is payable on July 10, 2026 to shareholders of record as of July 1, 2026.
The Washington Trust Company (NASDAQ:WASH) on May 1, 2026 hired two vice presidents for its commercial banking team: Daniel Hagerty and Thomas Quinlan. Both join to serve regional businesses with tailored commercial and industrial lending, deposit, cash‑management, SBA lending, portfolio management and advisory services.
The hires emphasize expanded commercial lending and client relationship capabilities across the region.
Washington Trust Bancorp (NASDAQ: WASH) elected Jeffrey M. Wilhelm to its board and the board of its subsidiary bank, effective April 28, 2026. Wilhelm will serve on both companies' Audit Committees and brings 25+ years in data, technology, digital transformation, cybersecurity and AI.
He is founder and CEO of Infused Innovations and serves on Rhode Island AI advisory groups and local technology committees.
Washington Trust Bancorp (Nasdaq: WASH) reported Q1 2026 net income of $12.6 million or $0.66 diluted EPS, up $0.03 YoY on GAAP. NIM rose to 2.63%, provision for credit losses was $4.0 million, loans declined 2% to $5.01 billion, and total deposits were $5.16 billion. The board declared a quarterly dividend of $0.56 per share.
Washington Trust Bancorp (NASDAQ: WASH) will release first quarter 2026 earnings on Monday, April 20, 2026, after market close and hold a conference call on Tuesday, April 21, 2026 at 8:30 a.m. ET.
Investor access includes a toll-free US dial-in, global dial-in numbers, webcast at https://ir.washtrust.com, and a teleconference replay available through Tuesday, May 5, 2026.
Washington Trust Bancorp (Nasdaq: WASH) declared a quarterly cash dividend of $0.56 per share for the quarter ending March 31, 2026. The dividend is payable on April 10, 2026 to shareholders of record as of April 1, 2026.