Washington Trust Reports Third Quarter 2026 Results
PR Newswire•19/10/2026•16:05 ET
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Key Highlights
- ➤Q3 net income $19.4 million, up 21% from the preceding quarter
- ➤Diluted EPS $1.01, up $0.18 from the preceding quarter
- ➤Net interest margin expanded to 2.84%, up 11 basis points
- ➤Deposits reached an all-time high of $5.4 billion
- ➤Nonaccrual loans fell to $24.5 million, or 0.48% of total loans
Expert Statements
Edward O. "Ned" Handy III, Chairman and Chief Executive Officer of Washington Trust Bancorp, Inc.
“We delivered another strong quarter marked by growth in earnings and net interest income, continued margin expansion and improved operating efficiency. By combining personalized service and trusted advice with the capabilities of a regional bank, we are able to provide customers with a level of service, expertise and convenience that stands apart from other community banks our size. We continue to focus on leveraging these strengths to support prudent growth and deliver long-term value for our shareholders.”
Washington Trust Reports Third Quarter 2026 Results PR Newswire
WESTERLY, R.I., Oct. 19, 2026 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH; "Washington Trust" or the "Corporation"), today reported third quarter 2026 net income of $19.4 million, up by $3.4 million, or 21%, from the preceding quarter. Diluted earnings per share was $1.01 for the third quarter of 2026, up by $0.18 from the preceding quarter. Compared to the third quarter of 2025, net income was up by $8.5 million, or $0.45 per diluted share.
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