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Washington Trust Bancorp

WASH

Washington Trust Bancorp Inc is a financial holding company and the parent of The Washington Trust Company, the oldest community bank in the nation.

Market cap
$743.39M+43.2%
Revenue$234.0M+11.4%
Net income$55.4M+327%
EPS (diluted)$3.54+323%
Trailing twelve months · change vs. prior year

Earnings

Next report

Oct 19, 2026 (in 2 months)
Revenue estimate$62.8M
EPS estimate$0.87

Financials

Q2 2026

Income statement

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Revenue$60.5M+11.4%
Net income$16.0M+20.7%
EPS (diluted)$1.49+119%

Balance sheet

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Total debt$37.9M-1.0%
Total equity$553.5M+4.9%
Total assets$6.5B-2.9%

Valuation & ratios

Valuation

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Market cap$743.39M+43.2%
P/E13.4×
P/S3.2×

Profitability

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Net margin23.7%

Returns & leverage

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Return on equity10.2%+7.7pp
Debt / equity0.1×0.0×

Competitors

Profile

Washington Trust Bancorp Inc is a financial holding company and the parent of The Washington Trust Company, the oldest community bank in the nation. The company provides a comprehensive suite of financial services including commercial, residential, and consumer lending, retail and commercial deposit products, and wealth management. It operates primarily in southern New England, leveraging a relationship-based model to serve individuals, businesses, and municipal entities.

Competitive position

The largest state-chartered bank headquartered in Rhode Island with a long-standing reputation as the nation's oldest community bank.

GeographiesRhode Island, Massachusetts, Connecticut, New Hampshire
Customer segmentsRetail, Commercial, Municipal, High-Net-Worth
Business modelInterest Spread, Asset Management Fees, Transaction Fees
SuppliersFederal Home Loan Bank of Boston, Federal Reserve Bank of Boston, Depositors, Wholesale Brokered Deposit Sources
CustomersHomebuyers, Small and Medium Enterprises, Municipal Governments, Wealth Management Clients, Secondary Market Investors
Listed1987
Employees665.0
CEOEdward Otis Handy
FilingsSEC EDGAR

FAQ

What is Washington Trust Bancorp's market cap?
Washington Trust Bancorp (WASH) has a market capitalization of $743.4M and trades on NASDAQ.
What is Washington Trust Bancorp's revenue and profitability?
Washington Trust Bancorp generated $234.0M in trailing twelve-month revenue with net income of $55.4M, representing a net margin of 23.7%. These figures are based on the Q2 2026 filing.
Who are Washington Trust Bancorp's competitors?
Washington Trust Bancorp's key competitors include Community Trust Bancorp Inc, Citizens Financial Group, Inc., Bank of America Corporation, and others. These companies compete in similar markets and product categories.
Who does Washington Trust Bancorp partner with?
Washington Trust Bancorp's notable partners include Federal Home Loan Mortgage Corporation, Federal National Mortgage Association.
What subsidiaries does Washington Trust Bancorp have?
Washington Trust Bancorp's subsidiaries include The Washington Trust Company, of Westerly, Washington Trust Advisors, Inc., Washington Trust Mortgage Company, LLC.
Where is Washington Trust Bancorp headquartered?
Washington Trust Bancorp is headquartered in United States of America and employs approximately 665 people. It has been publicly traded since 1987.