Washington Trust Bancorp, Inc. (WASH)

Several events impacted Washington Trust Bancorp, Inc. stock price between July 2025 and January 2026. The company reported a decrease in Q3 2025 net income but exceeded revenue expectations. A quarterly dividend of $0.56 per share was declared. Seeking Alpha upgraded WASH stock from "Sell" to "Hold". The Net Interest Margin improved to an estimated 2.42% as of Q4 2025. The company recognized loan charge-offs in Q3 2025. The market capitalization stood at approximately $565.04 million as of July 11, 2025. Washington Trust announced plans for a new branch in Pawtucket, R.I., to open in 2026. The stock experienced a cautious recovery throughout 2025.

Washington Trust Bancorp experiences seasonal tax servicing fee income concentrated in the second quarter, which saw a decline in the third quarter of 2025. Certain revenue streams related to tax services have a seasonal peak. General banking and wealth management services may also experience fluctuations tied to broader economic cycles or specific financial planning periods.

Washington Trust Bancorp, Inc. is a bank holding company offering banking and financial services to individuals and businesses, operating in the Financial sector as a Regional Northeast Bank. The company operates through The Washington Trust Company, the oldest community bank in the nation and the largest state-chartered bank in Rhode Island. Its business model includes Commercial Banking and Wealth Management Services. Commercial Banking offers lending, mortgage banking, deposit generation, and cash management services. Personal Banking provides deposit accounts. Wealth Management and Trust Services manages assets and provides investment management, financial planning, and trust services.

Washington Trust Bancorp primarily serves southern New England. The company's offices, including its headquarters, are located in Westerly, Rhode Island, with additional operations across Rhode Island, Connecticut, and Massachusetts.

Washington Trust Bancorp's brand reputation has been shaped by its historical standing and recent financial performance. The company was recognized as one of the best banks to work for in the U.S. Washington Trust has a long history of community support and local economic development. A "balance sheet repositioning" in late 2024 led to a return to profitability in 2025. While some analysts have an "Underperform" rating, the consensus rating is "Hold".

Washington Trust Bancorp, Inc. has a significant portion of its shares held by institutional investors including BlackRock Inc., Fmr LLC, and Vanguard Group Inc. Jean M. Wallace is the largest individual shareholder, owning 10.42% of the company's shares.