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AI brief of an SEC Form 8-K · WASHINGTON TRUST BANCORP INC (WASH)

Washington Trust Q2 net income rises to $16.0 million, or $0.83 per diluted share

Positive Impact 3 of 5 earnings Written later

Washington Trust Bancorp reported second quarter 2026 net income of $16.0 million, or $0.83 per diluted share, up $3.4 million and $0.17 per share from the first quarter and up $2.7 million and $0.15 per share from the second quarter of 2025. Net interest margin rose to 2.73%, and the filing says the end of a terminated hedge's amortization expense will improve earnings and margin from the third quarter.

Key points

  • Net income $16.0 million, diluted EPS $0.83, versus $0.66 in Q1 2026 and $0.68 in Q2 2025
  • Net interest margin 2.73%, up 10 basis points from Q1 2026; the hedge amortization ending May 1, 2026 contributed $1.4 million to net interest income
  • Provision for credit losses $1.6 million, down from $4.0 million in Q1 2026
  • Past due loans rose to $41.4 million, or 0.81% of total loans, from $16.4 million, which the company attributed to a single commercial real estate office loan already on nonaccrual

The filing

CompanyWASHINGTON TRUST BANCORP INC (WASH)
Form8-K, current report
Filed with the SECJul 20, 2026, 4:08 PM ET
Accession number0000737468-26-000109

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 9, 2026, 8:51 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 20, 2026.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.