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Washington Trust Bancorp WASH Net Interest Income — Revenue from contracts with customers

Other product segments

Wealth Management Revenues
$11.2M+10.7%
Card Interchange Fees
$1.31M+4.7%
Service Charges on Deposit Accounts
$842K+4.2%
Other Income
$291K+1.4%
Gain on sale of bank-owned properties, net
$0
Income From Bank-owned Life Insurance
$0
Loan related derivative income
$0
Losses on sale of portfolio loans, net
$0
Mortgage Banking Revenues
$0

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Other financials

Income statement

See full
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

See full
Net margin23.7%
FCF margin41%

Returns & leverage

See full
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:RevenueFromContractWithCustomerExcludingAssessedTax.

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
For the three months ended June 30, / (Dollars in thousands)2026 / Revenue (1)2026 / ASC 606 Revenue (2)2025 / Revenue (1)2025 / ASC 606 Revenue (2)
Net interest income$41,803$$37,185$—
Noninterest income:
Wealth management revenues11,20111,20110,12010,120
Mortgage banking revenues3,4733,034
Card interchange fees1,3051,3051,2471,247
Service charges on deposit accounts842842808808
Loan related derivative income583676
Income from bank-owned life insurance904826

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's net interest income — revenue from contracts with customers?
Washington Trust Bancorp (WASH) reported net interest income — revenue from contracts with customers of $0 in Q2 2026.
What does net interest income — revenue from contracts with customers mean?
This metric represents the portion of revenue generated from the Net Interest Income segment that is derived from formal contracts with customers under standard accounting revenue recognition frameworks. It specifically excludes interest-based income, focusing instead on fee-based services or ancillary contractual arrangements within the banking segment. This distinction helps investors isolate non-interest service revenue streams from core lending activities.

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