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Washington Trust Bancorp WASH Banking — Net Interest Income

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Wealth Management Services
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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:InterestIncomeExpenseNet.

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 interest and dividend income$75,169$78,846$—$—$75,169$78,846
Total interest expense33,36641,66133,36641,661
Net interest income41,80337,18541,80337,185
Provision for credit losses1,6006001,600600
Net interest income after provision for credit losses40,20336,58540,20336,585
Noninterest income7,2506,72011,41210,35818,66217,078
Noninterest expenses:
Salaries and employee benefits19,75017,4345,5625,59125,31223,025

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's banking — net interest income?
Washington Trust Bancorp (WASH) reported banking — net interest income of $41.8M in Q2 2026.
How has Washington Trust Bancorp's banking — net interest income changed year-over-year?
Washington Trust Bancorp's banking — net interest income increased by 12.4% year-over-year, from $37.19M to $41.8M.
What is the long-term trend for Washington Trust Bancorp's banking — net interest income?
Over 4 years (2021 to 2025), Washington Trust Bancorp's banking — net interest income has grown at a 2.0% compound annual growth rate (CAGR), from $141.49M to $153.19M.
What does banking — net interest income mean?
This is the difference between the interest income earned on assets and the interest expense paid on liabilities within the banking segment. It is a fundamental measure of the segment's profitability and its ability to manage interest rate spreads effectively.

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