Washington Trust Bancorp (WASH) to Post Earnings on Monday

Washington Trust Bancorp (NASDAQ:WASHGet Free Report) is expected to release its Q2 2026 results after the market closes on Monday, July 20th. Analysts expect the company to post earnings of $0.76 per share and revenue of $59.91 million for the quarter. Investors may visit the the company’s upcoming Q2 2026 earning report for the latest details on the call scheduled for Tuesday, July 21, 2026 at 8:30 AM ET.

Washington Trust Bancorp (NASDAQ:WASHGet Free Report) last issued its quarterly earnings results on Monday, April 20th. The financial services provider reported $0.66 earnings per share for the quarter, missing analysts’ consensus estimates of $0.77 by ($0.11). The firm had revenue of $57.83 million during the quarter, compared to the consensus estimate of $58.24 million. Washington Trust Bancorp had a net margin of 13.71% and a return on equity of 9.79%. 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 Stock Down 2.3%

Shares of Washington Trust Bancorp stock opened at $36.61 on Friday. The stock has a market capitalization of $698.15 million, a price-to-earnings ratio of 13.41, a PEG ratio of 0.91 and a beta of 0.72. Washington Trust Bancorp has a twelve month low of $25.23 and a twelve month high of $37.50. The company has a current ratio of 0.99, a quick ratio of 0.98 and a debt-to-equity ratio of 1.09. The business’s 50 day simple moving average is $34.22 and its 200-day simple moving average is $33.39.

Washington Trust Bancorp Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Friday, July 10th. Investors of record on Wednesday, July 1st were given a $0.56 dividend. This represents a $2.24 annualized dividend and a yield of 6.1%. The ex-dividend date was Wednesday, July 1st. Washington Trust Bancorp’s dividend payout ratio (DPR) is currently 82.05%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Piper Sandler raised their price target 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 research report on Wednesday, May 6th. Wall Street Zen raised shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, 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. One analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Washington Trust Bancorp has an average rating of “Hold” and an average price target of $34.50.

View Our Latest Research Report on Washington Trust Bancorp

Insider Transactions at Washington Trust Bancorp

In other Washington Trust Bancorp news, EVP Rolando A. Lora sold 885 shares of the business’s stock in a transaction dated Thursday, April 30th. The stock was sold at an average price of $31.55, for a total value of $27,921.75. Following the transaction, the executive vice president owned 11,292 shares in the company, valued at $356,262.60. The trade was a 7.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Edward O. Handy III bought 3,195 shares of the company’s stock in a transaction on Monday, April 27th. The stock was purchased at an average cost of $31.32 per share, for a total transaction of $100,067.40. Following the completion of the transaction, the chief executive officer owned 51,442 shares in the company, valued at approximately $1,611,163.44. The trade was a 6.62% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders bought a total of 36,801 shares of company stock worth $1,147,293 in the last ninety days. Company insiders own 1.30% of the company’s stock.

Hedge Funds Weigh In On Washington Trust Bancorp

Several large investors have recently made changes to their positions in the business. Federated Hermes Inc. raised its position in shares of Washington Trust Bancorp by 24.6% during the second quarter. Federated Hermes Inc. now owns 2,130 shares of the financial services provider’s stock valued at $60,000 after buying an additional 420 shares during the last quarter. BNP Paribas Financial Markets increased its stake in Washington Trust Bancorp by 11.7% during the third quarter. BNP Paribas Financial Markets now owns 5,030 shares of the financial services provider’s stock valued at $145,000 after acquiring an additional 526 shares during the period. CANADA LIFE ASSURANCE Co increased its stake in Washington Trust Bancorp by 35.4% during the fourth quarter. CANADA LIFE ASSURANCE Co now owns 3,016 shares of the financial services provider’s stock valued at $89,000 after acquiring an additional 789 shares during the period. Focus Partners Wealth raised its holdings in Washington Trust Bancorp by 13.7% in the 3rd quarter. Focus Partners Wealth now owns 8,861 shares of the financial services provider’s stock valued at $256,000 after acquiring an additional 1,069 shares in the last quarter. Finally, First Trust Advisors LP lifted its position in shares of Washington Trust Bancorp by 10.2% in the 2nd quarter. First Trust Advisors LP now owns 12,949 shares of the financial services provider’s stock worth $366,000 after acquiring an additional 1,202 shares during the period. Institutional investors and hedge funds own 65.81% of the company’s stock.

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.

Recommended Stories

Earnings History for Washington Trust Bancorp (NASDAQ:WASH)

Receive News & Ratings for Washington Trust Bancorp Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Washington Trust Bancorp and related companies with MarketBeat.com's FREE daily email newsletter.