)
Visual
test
Washington Trust Bancorp
Washington Trust Bancorp (WASH) investor relations material
Washington Trust Bancorp Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2025 earnings summary29 Jan, 2026
Executive summary
Q4 2025 results showed strong earnings momentum, with net income of $16 million ($0.83 per share), up from $10.8 million ($0.56 per share) in Q3, and full-year adjusted net income of $51.8 million ($2.69 per share), up from $40.9 million ($2.37 per share) in 2024, driven by margin expansion, deposit growth, and higher wealth management revenues.
Strategic investments included the acquisition of Lighthouse Financial Management's wealth assets, hiring a new Chief Commercial Banking Officer, and launching a dedicated institutional banking team in early 2026.
Maintains a top-tier market share in Rhode Island with a diversified banking and wealth management platform and a conservative credit profile, with zero commercial non-performing loans as of Q4 2025.
A new branch is set to open in Pawtucket, RI, in late 2026, expanding presence in a high-growth area.
Financial highlights
Q4 2025 net income was $16 million ($0.83 per share), up from $10.8 million ($0.56 per share) in Q3; full-year 2025 net income was $52.2 million ($2.71 per share).
Net interest income for Q4 2025 was $40.7 million, up 5% sequentially; full-year net interest income was $153.2 million, up 19% from 2024.
Adjusted EPS rose 41% year-over-year; adjusted return on average assets for 2025 was 0.77%, and adjusted return on average equity was 9.84%.
Noninterest income increased 5% sequentially and 15% year-over-year (adjusted); wealth management revenues up 5% sequentially; mortgage banking revenues were $3.3 million, up 14% year-over-year.
Efficiency ratio (adjusted) improved to 65.7% in 2025 from 71.6% in 2024; Q4 2025 efficiency ratio was 64.1%.
Outlook and guidance
NIM expected to benefit from swap termination, with a projected Q4 2026 range of 2.78%-2.82%, and further expansion anticipated due to balance sheet repositioning.
Q1 2026 expenses projected to rise 6% due to merit raises, new hires, and increased insurance costs; full-year non-salary expenses expected to rise 5%.
Loan growth targeted at 5% year-over-year, with CRE expected to grow 4-5% and C&I growth anticipated to outpace CRE.
Charitable foundation contribution for 2026 estimated at $750,000.
Management expects a full-year 2026 effective tax rate of approximately 22.0%.
NIM drivers: What's sustainable into 2026?
Commercial office portfolio asset quality outlook?
Impact of institutional banking team on deposits?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Latest summaries
- TimeTickerHeadlineOpen
- 7 FebMGL
Strong revenue growth offset by lower margins and profit; interim dividend declared. - 7 FebPGIL
Strong revenue and margin growth, with India set for further expansion and upgraded ratings. - 7 Feb504614
Strong revenue and profit growth in Q3 FY26, led by power and steel segments. - 7 FebCHEMPLASTS
Net losses widened and revenue fell year-over-year amid regulatory and market headwinds. - 7 FebSBIN
Q3 FY26 net profit reached ₹21,028.15 crore, driven by robust income and strategic divestments. - 6 FebHTOO
Resale registration for 71,429 shares via warrant, with proceeds only on exercise; financial risks persist. - 6 FebVSAT
Q3 revenue up 3% to $1.16B, net income $25M, strong cash flow, Ligado boost, satellite focus. - 6 FebWEC
Targets 7–8% EPS growth, $37.5B capex, and coal exit by 2032 amid surging data center demand. - 6 FebBR
Q2 FY26 recurring revenue grew 8% and adjusted EPS guidance was raised to 9-12%. - 6 FebFFWM
Merger vote includes new non-voting stock class with limited conversion and no voting rights.
Next Washington Trust Bancorp earnings date
Q1 202620 Apr, 2026
Washington Trust Bancorp
Next Washington Trust Bancorp earnings date
Q1 202620 Apr, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Washington Trust Bancorp Inc. is the parent company of The Washington Trust Company, a state-chartered bank. It provides personal and business banking, mortgage lending, and wealth management services. The company operates in the northeastern United States through branches and financial advisory offices. The company is headquartered in Westerly, Rhode Island, and its shares are listed on the NASDAQ.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage