Washington Trust to open 30th branch in historic Bristol, R.I.

Rhea-AI Summary

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.

News Market Reaction – WASH

+0.06%

+0.06% Session close to close

In the Jul 13 session, WASH gained 0.06%, reflecting a mild positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

Market Context

Plans to open Washington Trust’s 30th full-service branch in Bristol extend its Rhode Island footpri...

Analysis

Plans to open Washington Trust’s 30th full-service branch in Bristol extend its Rhode Island footprint and add full banking and wealth services in the East Bay. Investors may weigh long-term franchise benefits against execution and expense risks, watching upcoming earnings and credit metrics for confirmation.

Key Figures

Branch count: 30th full-service branch Anniversary: 250th anniversary Tradition start year: 1785 +2 more

5 metrics

Branch count 30th full-service branch New location at 590 Metacom Ave. in Bristol, R.I.

Anniversary 250th anniversary Country’s commemoration referenced in Bristol expansion announcement

Tradition start year 1785 Start of Bristol’s Fourth of July celebration

Founding year 1800 Year Washington Trust was founded

Operating history more than 225 years Time Washington Trust has served Rhode Islanders and New Englanders

Historical Context

5 past events · Latest: Jun 18 (Positive)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Jun 18	Quarterly dividend	Positive	+1.1%	Board declared a cash dividend of $0.56 per share.
May 01	Management hires	Positive	+1.6%	Bank hired two vice presidents to expand commercial banking capabilities.
Apr 28	Board election	Neutral	-3.0%	Jeffrey M. Wilhelm elected to boards and appointed to Audit Committees.
Apr 20	1Q26 earnings report	Neutral	-16.9%	Reported Q1 2026 net income, EPS, margin, credit provision, loans and deposits.
Apr 09	Earnings release scheduling	Neutral	+2.1%	Announced date and time for Q1 2026 earnings release and call.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent headlines have produced mixed reactions, with the Q1 2026 earnings release drawing the sharpest downside move.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Bank continues expansion across the state with new East Bay location

WESTERLY, R.I., July 13, 2026 /PRNewswire/ -- The Washington Trust Company (Washington Trust), today announced plans to open its 30th full-service branch later this year, at 590 Metacom Ave. in Bristol, Rhode Island.

The Bristol branch will bring local decision-making, personalized service and trusted financial guidance to customers in the East Bay and southeastern Massachusetts. The Bank's new location will offer a comprehensive range of financial services, including personal and business banking, mortgage and home equity lending, commercial banking solutions, and wealth management and trust services.

As the country commemorates its 250th anniversary, Washington Trust is proud to strengthen its footprint in a community that has long celebrated the nation's founding and enduring spirit. Bristol is widely recognized as home to the nation's oldest continuous Fourth of July celebration, a tradition dating back to 1785 and closely tied to America's history and heritage. Founded in 1800, Washington Trust shares a deep connection to that history, having served Rhode Islanders and New Englanders for more than 225 years.

"As we continue to expand our presence in the East Bay, we are excited to bring Washington Trust's full range of capabilities to Bristol," said Washington Trust Chairman and CEO Ned Handy. "In addition to personal and commercial banking, customers will have access to investment management, trust administration and wealth planning services. We look forward to becoming an active part of this vibrant community and serving the financial needs of Bristol's residents, businesses and organizations for years to come."

For more information about Washington Trust and its services, visit washtrust.com.

ABOUT THE WASHINGTON TRUST COMPANY^®
Founded in 1800, The Washington Trust Company ("Washington Trust") is recognized as the oldest community bank in the nation, the largest state-chartered bank headquartered in Rhode Island and one of the Northeast's premier financial services companies. In 2025, Washington Trust reached a milestone of 225 years in operation, marking its commitment to helping the people, businesses, and organizations of New England improve their financial lives. The Bank offers a wide range of commercial banking, mortgage banking, personal banking and wealth management services through its offices in Rhode Island, Connecticut and Massachusetts and a full suite of convenient digital tools. Washington Trust is a member of the FDIC and an equal housing lender. Washington Trust is a subsidiary of Washington Trust Bancorp, Inc., a publicly-owned holding company which trades on NASDAQ: WASH. For more information, visit the Bank's website at www.washtrust.com or the Corporation's website at ir.washtrust.com.

View original content to download multimedia:https://www.prnewswire.com/news-releases/washington-trust-to-open-30th-branch-in-historic-bristol-ri-302824064.html

SOURCE The Washington Trust Company

FAQ

When will Washington Trust (WASH) open its new Bristol, Rhode Island branch?

Washington Trust plans to open its new Bristol, Rhode Island branch later in 2026. According to Washington Trust, this will be the bank’s 30th full-service branch, expanding its presence in the East Bay and southeastern Massachusetts markets.

Where is the new Washington Trust (WASH) Bristol branch located?

The new Washington Trust Bristol branch will be located at 590 Metacom Ave., Bristol, Rhode Island. According to Washington Trust, this East Bay location is intended to serve customers in Bristol and nearby southeastern Massachusetts with full-service banking.

What services will the new Washington Trust (WASH) Bristol, R.I. branch offer?

The Bristol branch will offer personal and business banking, mortgage and home equity lending, and commercial banking solutions. According to Washington Trust, it will also provide investment management, wealth planning, trust administration, and broader wealth management and trust services.

How many branches will Washington Trust (WASH) have after opening the Bristol location?

After opening the Bristol branch, Washington Trust will have 30 full-service branches. According to Washington Trust, this new location continues the bank’s long-term expansion across Rhode Island while supporting customers in the East Bay and southeastern Massachusetts regions.

Why is Washington Trust (WASH) expanding into Bristol, Rhode Island?

Washington Trust is expanding into Bristol to strengthen its presence in the East Bay and serve local customers. According to Washington Trust, the branch will bring local decision-making, personalized service, and trusted financial guidance to residents, businesses, and organizations in the community.

What historical connection does Washington Trust (WASH) highlight with its new Bristol branch?

Washington Trust highlights Bristol’s role as home to the nation’s oldest continuous Fourth of July celebration, dating to 1785. According to Washington Trust, the bank, founded in 1800, shares a deep connection to America’s history and has served New England for more than 225 years.