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Washington Trust Bancorp WASH Purchases of mortgage-backed securities available for sale

Purchases of mortgage-backed securities available for sale at other companies

NewtekOne, Inc. logo
NewtekOne, Inc.NEWT
-$8.37M-323%
Mannkind logo
MannkindMNKD
$10.3M-76.6%
Mannkind logo
MannkindMNKD
$10.3M-76.6%
Cherry Hill Mortgage Investment logo
Cherry Hill Mortgage InvestmentCHMI
$96.09M+91.2%
AGNC Investment Corp. logo
AGNC Investment Corp.AGNC
$8.75B+298%
Flagstar Bank logo
Flagstar BankFLG
$0-100%

Other financials

Income statement

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Revenue$60.5M+11.4%
Net income$16.0M+20.7%
EPS (diluted)$0.83+22.1%

Balance sheet

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Cash & equivalents$127.4M-24.0%
Total debt$37.9M-1.0%
Total equity$553.5M+4.9%
Total assets$6.5B-2.9%

Cash flow

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Operating cash flow$23.1M+104%
CapEx$1.1M+171%
Free cash flow$22.0M+101%

Valuation

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Market cap$734.74M+39.0%
Enterprise value$645.28M+61.7%
P/E13.3×
P/S3.1×

Profitability

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Net margin23.7%
FCF margin41%

Returns & leverage

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

Where this comes from

Reported directly by Washington Trust Bancorp in its filing.

Tagged under the XBRL concept wash:PurchasesOfMortgageBackedSecuritiesAvailableForSale.

The source filing: Washington Trust Bancorp’s 10-Q, filed November 6, 2025.

Filed
Nov 6, 2025
Fiscal quarter
Q3 FY2025
Calendar quarter
Q3 2025
Accession
0000737468-25-000060
Nine months ended September 30,20252024
Decrease in other liabilities(5,469)(7,603)
Net cash provided by operating activities59,41238,848
Cash flows from investing activities:
Available for sale debt securities: Mortgage-backed(74,869)
Available for sale debt securities: Other(736)(1,050)
Available for sale debt securities: Mortgage-backed57,50353,553
Available for sale debt securities: Other3,750500
Net redemptions (purchases) of Federal Home Loan Bank stock13,486(5,546)

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's purchases of mortgage-backed securities available for sale?
Washington Trust Bancorp (WASH) reported purchases of mortgage-backed securities available for sale of $1.57M in Q3 2025.
What is the long-term trend for Washington Trust Bancorp's purchases of mortgage-backed securities available for sale?
Over 2 years (2021 to 2024), Washington Trust Bancorp's purchases of mortgage-backed securities available for sale has grown at a 2.2% compound annual growth rate (CAGR), from $347.91M to $363.41M.
What does purchases of mortgage-backed securities available for sale mean?
Reflects the total cash outflow used to acquire mortgage-backed securities classified as available-for-sale. This activity is part of the bank's investment strategy to manage liquidity and generate interest income from high-quality debt instruments. Monitoring these purchases helps investors understand the bank's allocation of excess capital into interest-bearing assets.

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