Washington Trust reports 21 percent income growth while Washington Trust stock costs EUR 32.50

Published on 10/20/2026 at 13:36 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Net income reached USD 19.4 million in the third quarter of 2026, up 21.3 percent. Washington Trust stock costs EUR 32.50 on October 20, 2026.

Earnings and banking metrics

Net income reached USD 19.4 million in the third quarter of 2026, up 21.3 percent from the preceding quarter.
Net interest margin expanded to 2.84 percent in the third quarter of 2026.
Washington Trust stock trades at EUR 32.50 at 1:30 p.m. CEST at Lang & Schwarz on October 20, 2026.

WASH, US9406101082, Illustration mit AI erstellt.

Washington Trust Bancorp (US9406101082) reported third-quarter 2026 net income of USD 19.4 million, up 21.3 percent from the preceding quarter. PR Newswire published the results on October 19, 2026, showing diluted earnings per share of USD 1.01, up from USD 0.83 in the second quarter.

Quarterly earnings improve

The results point to broader operating improvement rather than a single earnings line. Net interest income rose 6.9 percent quarter over quarter to USD 44.7 million, while total noninterest income increased 8.6 percent to USD 20.3 million in the third quarter of 2026. The bank's net interest margin expanded to 2.84 percent from 2.73 percent.

Credit quality also improved, although the quarter included a USD 3.9 million net charge-off. Nonaccrual loans fell to USD 24.5 million, or 0.48 percent of total loans, from USD 39.8 million, or 0.78 percent, at June 30, 2026. Deposits reached USD 5.4 billion at September 30, 2026, up 4.1 percent from a year earlier.

Three dates shape the story

On October 8, 2026, Washington Trust announced an October 19 earnings release and an October 20 conference call through its investor-relations release. On October 9, 2026, the company paid a quarterly dividend of USD 0.56 per share to shareholders of record on October 1, 2026, as reported in the PR Newswire release.

On October 19, 2026, Washington Trust reported third-quarter net income of USD 19.4 million, completing the three-event sequence with the latest company figure.

What supports the margin?

The margin expansion came with loan growth and lower funding pressure. Total loans rose 1.2 percent from June 30, 2026, to USD 5.2 billion, while Federal Home Loan Bank advances fell 17.5 percent to USD 376.0 million. The combination gives the reported 2.84 percent margin a stronger operating context, even as mortgage banking revenue declined 9.2 percent quarter over quarter to USD 3.2 million.

The next investor date

Washington Trust's next substantiated investor event is the conference call on October 20, 2026, at 8:30 a.m. ET, according to Washington Trust Bancorp. Management's discussion of asset quality and funding will be the key context for the published quarter.

Stock price after the results

Washington Trust stock was trading at EUR 32.50 at Lang & Schwarz on October 20, 2026, at 1:30 p.m. CEST. The quote reflects the German-market perspective while the company's Nasdaq listing remains in USD. The further course of trading is shown by the continuously updated real-time quote of Washington Trust stock.