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WASHWashington Trust Bancorp Inc

NASDAQ · Financial Services · Banks - Regional

$39.54

+$0.98 (+2.54%)

Washington Trust Bancorp Inc (WASH) is a banks - regional company listed on NASDAQ. It is led by Edward Otis Handy III, based in 23 Broad Street, Westerly, RI, United States, 02891, with about 642 employees. Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Banking and Wealth Management Services. The Banking segment offers deposit accounts, including noninterest-bearing demand deposits, interest-bearing demand deposits, now accounts, money market accounts, savings accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

Latest reported WASH revenue for 2025-09-30 was $56.5M. Net income was $10.8M. Revenue was up 4.1% from 2025-06-30 to 2025-09-30. WASH currently screens at market cap $657.0M and trailing P/E 12.6.

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About Washington Trust Bancorp Inc

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Banking and Wealth Management Services. The Banking segment offers deposit accounts, including noninterest-bearing demand deposits, interest-bearing demand deposits, now accounts, money market accounts, savings accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

WASH Key Statistics

Market Cap

$657.00M

Volume

81,749

Previous Close

$39.56

Day Range

$39.49$39.81

P/E Ratio

12.58

P/B Ratio

1.20

EPS

-$1.63

Revenue

$100.65M

Net Income

-$28.06M

Gross Profit

$0.00

Free Cash Flow

$0.00

Dividend Yield

6.38%

Revenue Growth

-47.9%

Profit Margin

-27.9%

Employees

642

WASH Financials

Annual income statement in USD. Latest reported periods first.

WASH annual income statement across FY2024, FY2023, FY2022, FY2021
LineFY2024FY2023FY2022FY2021
Revenue$100.65M$193.24M$218.59M$228.83M
Cost of Revenue$0.00$0.00$0.00$0.00
Gross Profit$0.00$0.00$0.00$0.00
Operating Income$0.00$0.00$0.00$0.00
Net Income-$28.06M$48.18M$71.68M$76.87M
EPS (Diluted)-$1.63$2.82$4.11$4.39

Total Assets

$6.93B

Total Debt

$0.00

Shareholders' Equity

$0.00

Cash & Equivalents

$0.00

Operating Cash Flow

$57.67M

Free Cash Flow

$0.00

Washington Trust Bancorp Inc Company Information

Chairman & CEO
Edward Otis Handy III
Headquarters
23 Broad Street, Westerly, RI, United States, 02891
Phone
401 348 1200
IPO / Founded
1995-08-18
Industry
Banks - Regional
Data Updated:

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