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Washington Trust Bancorp WASH Banking — Pre-Tax Income

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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$741.04M+40.2%
Enterprise value$651.58M+63.3%
P/E13.4×
P/S3.2×

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 us-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest.

The source filing: Washington Trust Bancorp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:23 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000737468-26-000114
(Dollars in thousands) / Three months ended June 30,Banking / 2026Banking / 2025Wealth Management Services / 2026Wealth Management Services / 2025Consolidated Total / 2026Consolidated Total / 2025
Amortization of intangibles156203156203
Other expenses2,1392,0955555332,6942,628
Total noninterest expenses31,00028,5127,5978,01838,59736,530
Income before income taxes16,45314,7933,8152,34020,26817,133
Income tax expense3,4263,2838616054,2873,888
Net income$13,027$11,510$2,954$1,735$15,981$13,245
Supplemental Information:
Total assets at period end$6,484,406$6,683,840$63,498$61,327$6,547,904$6,745,167

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's banking — pre-tax income?
Washington Trust Bancorp (WASH) reported banking — pre-tax income of $16.45M in Q2 2026.
How has Washington Trust Bancorp's banking — pre-tax income changed year-over-year?
Washington Trust Bancorp's banking — pre-tax income increased by 11.2% year-over-year, from $14.79M to $16.45M.
What is the long-term trend for Washington Trust Bancorp's banking — pre-tax income?
Over 4 years (2021 to 2025), Washington Trust Bancorp's banking — pre-tax income has grown at a -9.7% compound annual growth rate (CAGR), from $87.21M to $57.96M.
What does banking — pre-tax income mean?
This metric measures the profitability of the banking segment after all operating expenses and interest costs are deducted, but before accounting for income tax obligations. It serves as a key indicator of the segment's core operational performance and pre-tax earnings power.

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