Washington Trust Bancorp (WASH) Expected to Announce Quarterly Earnings on Monday

Washington Trust Bancorp (NASDAQ:WASHGet Free Report) is expected to announce its Q1 2026 results after the market closes on Monday, April 20th. Analysts expect the company to announce earnings of $0.7480 per share and revenue of $58.24 million for the quarter. Investors can find conference call details on the company’s upcoming Q1 2026 earning report page for the latest details on the call scheduled for Tuesday, April 21, 2026 at 8:30 AM ET.

Washington Trust Bancorp (NASDAQ:WASHGet Free Report) last posted its quarterly earnings results on Wednesday, January 28th. The financial services provider reported $0.83 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.08. Washington Trust Bancorp had a return on equity of 9.75% and a net margin of 13.26%.The firm had revenue of $59.25 million during the quarter, compared to analysts’ expectations of $56.38 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

WASH stock opened at $35.70 on Monday. Washington Trust Bancorp has a 1-year low of $25.23 and a 1-year high of $37.08. The business has a fifty day moving average price of $34.24 and a 200-day moving average price of $30.83. The company has a debt-to-equity ratio of 1.19, a current ratio of 0.99 and a quick ratio of 0.99. The stock has a market capitalization of $679.73 million, a P/E ratio of 13.22, a P/E/G ratio of 0.72 and a beta of 0.81.

Washington Trust Bancorp Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Friday, April 10th. Stockholders of record on Wednesday, April 1st were paid a $0.56 dividend. The ex-dividend date was Wednesday, April 1st. This represents a $2.24 annualized dividend and a dividend yield of 6.3%. Washington Trust Bancorp’s payout ratio is currently 82.96%.

Institutional Investors Weigh In On Washington Trust Bancorp

Hedge funds have recently modified their holdings of the business. Virtu Financial LLC purchased a new stake in shares of Washington Trust Bancorp in the 4th quarter worth $368,000. Mercer Global Advisors Inc. ADV purchased a new position in Washington Trust Bancorp during the fourth quarter valued at $249,000. EP Wealth Advisors LLC purchased a new position in Washington Trust Bancorp during the fourth quarter valued at $484,000. Mackenzie Financial Corp bought a new stake in Washington Trust Bancorp during the fourth quarter valued at about $222,000. Finally, Empowered Funds LLC bought a new stake in Washington Trust Bancorp during the fourth quarter valued at about $299,000. Institutional investors own 65.81% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on WASH shares. Piper Sandler started coverage on Washington Trust Bancorp in a research note on Monday, March 16th. They issued a “neutral” rating and a $32.00 price target for the company. Wall Street Zen upgraded Washington Trust Bancorp from a “hold” rating to a “buy” rating in a research report on Saturday. Zacks Research downgraded Washington Trust Bancorp from a “strong-buy” rating to a “hold” rating in a report on Monday, April 6th. Weiss Ratings reissued a “hold (c-)” rating on shares of Washington Trust Bancorp in a research report on Wednesday, January 21st. Finally, Keefe, Bruyette & Woods boosted their price target on Washington Trust Bancorp from $30.00 to $34.00 and gave the company a “market perform” rating in a research note on Friday, January 30th. Five research analysts have rated the stock with a Hold rating, Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $31.33.

Get Our Latest Report on WASH

Washington Trust Bancorp Company Profile

(Get Free Report)

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.

See Also

Earnings History for Washington Trust Bancorp (NASDAQ:WASH)

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