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Washington Trust Bancorp WASH Banking — Net Income

Other segment segments

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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:NetIncomeLoss.

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
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
Expenditures for long-lived assets1,06038825131,085401
Depreciation expense (1)7457907086815876

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's banking — net income?
Washington Trust Bancorp (WASH) reported banking — net income of $13.03M in Q2 2026.
How has Washington Trust Bancorp's banking — net income changed year-over-year?
Washington Trust Bancorp's banking — net income increased by 13.2% year-over-year, from $11.51M to $13.03M.
What is the long-term trend for Washington Trust Bancorp's banking — net income?
Over 4 years (2021 to 2025), Washington Trust Bancorp's banking — net income has grown at a -9.9% compound annual growth rate (CAGR), from $68.63M to $45.19M.
What does banking — net income mean?
This metric represents the final profit generated by the banking segment after all operating expenses, interest costs, and taxes have been accounted for. It is the ultimate measure of the segment's financial success and its contribution to the overall profitability of the organization.

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