Washington Trust Bancorp Inc
$ 30.00
-16.90%
21 Apr - close price
- Market Cap 687,342,000 USD
- Current Price $ 30.00
- High / Low $ 33.02 / 29.90
- Stock P/E 13.32
- Book Value 28.56
- EPS 2.71
- Next Earning Report -
- Dividend Per Share $2.24
- Dividend Yield 6.23 %
- Next Dividend Date -
- ROA 0.01 %
- ROE 0.10 %
- 52 Week High 36.57
- 52 Week Low 24.34
About
Washington Trust Bancorp, Inc. is the banking holding company for The Washington Trust Company of Westerly, offering a variety of banking and financial services to individuals and businesses. The company is headquartered in Westerly, Rhode Island.
Analyst Target Price
$35.00
Quarterly Earnings
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 | Dec 2023 | Sep 2023 | Jun 2023 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reported Date | 2026-04-20 | 2026-01-27 | 2025-10-20 | 2025-07-21 | 2025-04-21 | 2025-01-29 | 2024-10-21 | 2024-07-22 | 2024-04-22 | 2024-01-24 | 2023-10-23 | 2023-07-24 |
| Reported EPS | None | 0.83 | 0.56 | 0.68 | 0.61 | 0.59 | 0.64 | 0.63 | 0.64 | 0.76 | 0.65 | 0.66 |
| Estimated EPS | 0.706 | 0.6985 | 0.71 | 0.63 | 0.63 | 0.55 | 0.56 | 0.49 | 0.45 | 0.57 | 0.58 | 0.63 |
| Surprise | 0 | 0.1315 | -0.15 | 0.05 | -0.02 | 0.04 | 0.08 | 0.14 | 0.19 | 0.19 | 0.07 | 0.03 |
| Surprise Percentage | None% | 18.8261% | -21.1268% | 7.9365% | -3.1746% | 7.2727% | 14.2857% | 28.5714% | 42.2222% | 33.3333% | 12.069% | 4.7619% |
Next Quarterly Earnings
| Reported Date |
| Fiscal Date Ending |
| Estimated EPS |
| Currency |
Previous Dividend Records
| Apr 2026 | Jan 2026 | Oct 2025 | Jul 2025 | Apr 2025 | Jan 2025 | Oct 2024 | Jul 2024 | Apr 2024 | Jan 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Payment Date | 2026-04-10 | 2026-01-14 | 2025-10-10 | 2025-07-11 | 2025-04-11 | 2025-01-15 | 2024-10-11 | 2024-07-12 | 2024-04-12 | 2024-01-12 |
| Amount | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 | $0.56 |
Next Dividend Records
| Dividend per share (year): | - |
| Dividend Yield | - |
| Next Dividend Date | - |
| Ex-Dividend Date | - |
Recent News: WASH
2026-04-21 20:40:00
Washington Trust Bancorp reported its Q1 2026 financial results, with revenue increasing by 10.6% year-over-year to $57.83 million, though this was below analyst expectations. The bank's adjusted earnings per share were $0.66, missing consensus estimates by 13%. Net interest income rose by 11.3% to $40.53 million, and the net interest margin stood at 2.6%.
2026-04-21 16:40:00
Washington Trust Bancorp (WASH) shares fell 16.4% after reporting first-quarter 2026 results that missed Wall Street expectations for both adjusted earnings and revenue. Although the company saw year-over-year growth in both metrics, the miss against analyst consensus estimates signaled a weaker performance than anticipated for the Rhode Island-based bank. The market reacted strongly, despite the stock typically being less volatile, and though WASH is up for the year, it remains significantly below its 52-week high.
2026-04-21 15:40:00
This article provides an earnings call summary for Washington Trust Bancorp's Q1 2026 earnings conference. It would typically contain key financial highlights, management commentary, and possibly future outlook discussed during the call. The content is brief and indicates a document that would contain these details.
2026-04-21 15:40:00
Washington Trust (NASDAQ:WASH) expects a Q4 net interest margin (NIM) of 2.75%-2.80% as it continues to manage nonaccrual office loans. The company's Q3 NIM was 2.85%, impacted by higher funding costs and a full quarter of higher deposit rates. They are actively working to resolve the nonaccrual office loan issues.
2026-04-21 13:40:00
Washington Trust Bancorp (NASDAQ: WASH) reported a Q1 2026 net income of $12.6 million ($0.66 per share), a decrease from the prior quarter, primarily due to a $4 million provision for credit losses related to two commercial real estate (CRE) loans moved to non-accrual status. Despite a slight dip in net interest income quarter-over-quarter, it rose 11% year-over-year, with the net interest margin expanding to 2.63%. The company projects mid-single-digit loan growth for the year, driven by CNI and institutional banking, and is expanding its digital banking services and physical presence with a new branch in Rhode Island.
2026-04-21 13:15:41
Washington Trust Bancorp Inc. reported disappointing Q1 2026 results, missing analyst estimates for both EPS ($0.66 vs. $0.7589 forecasted) and revenue ($57.83 million vs. $58.24 million forecasted), leading to a 9.56% drop in its stock price premarket. Despite the misses, the company highlighted a 23% year-over-year increase in Pre-Provision Net Revenue and 43 consecutive years of dividend payments, with strategic initiatives in digital banking conversion and branch expansion aimed at future growth. Discussions during the earnings call focused on specific commercial real estate (CRE) loans moved to non-accrual status and the outlook for loan growth and net interest margin expansion.
