Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) is expected to be issuing its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect Washington Trust Bancorp to post earnings of $0.76 per share and revenue of $59.91 million for the quarter. Interested persons may visit the the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 8:30 AM ET.
Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) last posted its quarterly earnings data on Monday, April 20th. The financial services provider reported $0.66 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.77 by ($0.11). Washington Trust Bancorp had a return on equity of 9.79% and a net margin of 13.71%.The firm had revenue of $57.83 million during the quarter, compared to analyst estimates of $58.24 million. On average, analysts expect Washington Trust Bancorp to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Washington Trust Bancorp Price Performance
Shares of Washington Trust Bancorp stock opened at $36.61 on Friday. The business has a 50 day simple moving average of $34.22 and a two-hundred day simple moving average of $33.39. Washington Trust Bancorp has a 12 month low of $25.23 and a 12 month high of $37.50. The stock has a market capitalization of $698.15 million, a P/E ratio of 13.41, a PEG ratio of 0.88 and a beta of 0.72. The company has a debt-to-equity ratio of 1.09, a current ratio of 0.99 and a quick ratio of 0.98.
Washington Trust Bancorp Announces Dividend
Wall Street Analyst Weigh In
WASH has been the topic of a number of research reports. Piper Sandler raised their price objective on Washington Trust Bancorp from $32.00 to $35.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Zacks Research lowered shares of Washington Trust Bancorp from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Weiss Ratings upgraded shares of Washington Trust Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, June 5th. Finally, Wall Street Zen upgraded shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Sunday, July 12th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $34.50.
View Our Latest Analysis on WASH
Insider Buying and Selling
In related news, CFO Ronald S. Ohsberg bought 1,606 shares of the business’s stock in a transaction on Friday, April 24th. The stock was acquired at an average cost of $31.00 per share, with a total value of $49,786.00. Following the purchase, the chief financial officer directly owned 29,705 shares of the company’s stock, valued at $920,855. The trade was a 5.72% increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Edward O. Handy III purchased 3,195 shares of Washington Trust Bancorp stock in a transaction dated Monday, April 27th. The shares were bought at an average price of $31.32 per share, for a total transaction of $100,067.40. Following the acquisition, the chief executive officer owned 51,442 shares in the company, valued at approximately $1,611,163.44. This trade represents a 6.62% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have acquired 36,801 shares of company stock valued at $1,147,293 over the last ninety days. 1.30% of the stock is currently owned by company insiders.
Institutional Investors Weigh In On Washington Trust Bancorp
Several hedge funds and other institutional investors have recently bought and sold shares of WASH. Vanguard Group Inc. grew its stake in shares of Washington Trust Bancorp by 0.7% in the 3rd quarter. Vanguard Group Inc. now owns 1,140,227 shares of the financial services provider’s stock valued at $32,953,000 after buying an additional 7,641 shares during the period. Franklin Resources Inc. raised its position in shares of Washington Trust Bancorp by 13.2% during the 4th quarter. Franklin Resources Inc. now owns 634,333 shares of the financial services provider’s stock valued at $18,745,000 after buying an additional 74,145 shares during the period. Invesco Ltd. lifted its holdings in Washington Trust Bancorp by 3.0% in the second quarter. Invesco Ltd. now owns 304,400 shares of the financial services provider’s stock valued at $8,608,000 after acquiring an additional 8,938 shares during the last quarter. Drexel Morgan & Co. lifted its holdings in Washington Trust Bancorp by 19.9% in the fourth quarter. Drexel Morgan & Co. now owns 300,800 shares of the financial services provider’s stock valued at $8,889,000 after acquiring an additional 50,000 shares during the last quarter. Finally, Goldman Sachs Group Inc. lifted its holdings in Washington Trust Bancorp by 16.0% in the fourth quarter. Goldman Sachs Group Inc. now owns 267,595 shares of the financial services provider’s stock valued at $7,907,000 after acquiring an additional 36,937 shares during the last quarter. 65.81% of the stock is currently owned by institutional investors and hedge funds.
About Washington Trust Bancorp
Washington Trust Bancorp, Inc is the bank holding company for The Washington Trust Company, a community bank headquartered in Westerly, Rhode Island. Through its subsidiary, the company operates a network of branch offices across Rhode Island and southeastern Connecticut, serving individuals, small businesses and municipalities with a full suite of financial services.
The company’s core business activities encompass retail and commercial banking, including checking and savings accounts, consumer and commercial loans, mortgage financing, and cash management solutions.
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