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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.
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.
Washington Trust Bancorp (NASDAQ: WASH) announced its 2026 Annual Meeting of Shareholders will be held virtually on April 28, 2026 at 11:00 a.m. ET. Shareholders of record as of March 3, 2026 may attend and vote. Additional meeting details will be included in the company proxy statement.
Washington Trust (Nasdaq: WASH) reported strong Q4 2025 and full-year results with Q4 net income $16.0M ($0.83 diluted) and FY2025 net income $52.2M ($2.71 diluted) versus a FY2024 net loss of $28.1M. Adjusted FY2025 net income was $51.8M ($2.69 diluted).
Key operational trends include a net interest margin of 2.56% in Q4 (2.40% for FY2025), mortgage originations and sales up 21% and 25%, in-market deposits +9% YoY, improved asset quality, and a total risk-based capital ratio of 12.95%.
Washington Trust (NASDAQ: WASH) is expanding its commercial banking capabilities by forming a dedicated institutional banking team to serve independent schools, private colleges and universities, healthcare and human service providers, and cultural institutions across the Northeast.
The team is led by Gerald S. "Jerry" Algere, senior vice president and managing director, institutional banking, and includes Omar Hazoury, Marissa Lozano, and Danuta I. Surowiec. The group will be based in Wellesley, Massachusetts, and follows the 2025 appointment of Jim Brown as senior executive vice president and chief commercial banking officer.
The move is presented as strengthening Washington Trust's ability to deliver integrated financing and client-focused solutions across its regional footprint.
Washington Trust Bancorp (NASDAQ: WASH) will release its fourth quarter 2025 earnings on Wednesday, January 28, 2026 after market close, and will host a conference call on Thursday, January 29, 2026 at 8:30 a.m. ET with executives.
Participants may join by dialing 1-833-470-1428 (toll-free) or using global dial-in numbers with access code 058400. A live webcast will be available at https://ir.washtrust.com. A teleconference replay will be available through Thursday, February 12, 2026 via toll-free replay number 1-866-813-9403 with access code 478781.
Washington Trust Bancorp (NASDAQ:WASH) announced a quarterly cash dividend of $0.56 per share for the quarter ending December 31, 2025. The dividend is payable on January 14, 2026 to shareholders of record on January 2, 2026.