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

Washington Trust Bancorp (NASDAQ:WASH) is anticipated to announce its Q2 2026 results before the market opens on Monday, July 20th. Analysts expect Washington Trust Bancorp to announce earnings of $0.76 per share and revenue of $59.91 million for the quarter. Individuals may visit the the company’s upcoming Q2 2026 earning overview page for the latest details on the call scheduled for Tuesday, July 21, 2026 at 8:30 AM ET.

Washington Trust Bancorp (NASDAQ:WASH) last announced its quarterly earnings data 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 business had revenue of $57.83 million for the quarter, compared to analyst estimates of $58.24 million. Washington Trust Bancorp had a return on equity of 9.79% and a net margin of 13.71%. 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 Performance

NASDAQ:WASH opened at $35.85 on Monday. The stock has a fifty day moving average price of $33.77 and a two-hundred day moving average price of $33.19. The stock has a market capitalization of $683.66 million, a price-to-earnings ratio of 13.13, a PEG ratio of 0.87 and a beta of 0.72. The company has a debt-to-equity ratio of 1.09, a quick ratio of 0.98 and a current ratio of 0.99. Washington Trust Bancorp has a 1 year low of $25.23 and a 1 year high of $37.08.

Washington Trust Bancorp Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 10th. Shareholders of record on Wednesday, July 1st were given a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a dividend yield of 6.2%. The ex-dividend date was Wednesday, July 1st. Washington Trust Bancorp’s payout ratio is presently 82.05%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on the stock. Piper Sandler upped their price target on shares of Washington Trust Bancorp from $32.00 to $35.00 and gave the stock a “neutral” rating in a research note on Friday, June 26th. Weiss Ratings upgraded shares of Washington Trust Bancorp from a “buy (b-)” rating to a “buy (b)” rating in a research note on Friday, June 5th. Zacks Research downgraded shares of Washington Trust Bancorp from a “hold” rating to a “strong sell” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen upgraded shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Sunday. One investment analyst has rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $34.50.

Insider Transactions at Washington Trust Bancorp

In other news, EVP James Cannon Brown bought 32,000 shares of the stock in a transaction on Thursday, April 23rd. The shares were bought at an average price of $31.17 per share, with a total value of $997,440.00. Following the completion of the acquisition, the executive vice president owned 37,280 shares of the company’s stock, valued at approximately $1,162,017.60. This trade represents a 606.06% increase in their ownership of the stock. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Ronald S. Ohsberg bought 1,606 shares of the stock in a transaction on Friday, April 24th. The stock was purchased at an average cost of $31.00 per share, for a total transaction of $49,786.00. Following the acquisition, 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 position. Additional details regarding this purchase are available in the official SEC disclosure. In the last ninety days, insiders bought 36,801 shares of company stock valued at $1,147,293. Company insiders own 1.30% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the company. Federated Hermes Inc. raised its stake in shares of Washington Trust Bancorp by 24.6% during the 2nd quarter. Federated Hermes Inc. now owns 2,130 shares of the financial services provider’s stock worth $60,000 after buying an additional 420 shares during the last quarter. Tower Research Capital LLC TRC grew its stake in Washington Trust Bancorp by 200.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 2,364 shares of the financial services provider’s stock valued at $67,000 after acquiring an additional 1,578 shares during the last quarter. Russell Investments Group Ltd. grew its stake in Washington Trust Bancorp by 367.2% in the 3rd quarter. Russell Investments Group Ltd. now owns 2,378 shares of the financial services provider’s stock valued at $69,000 after acquiring an additional 1,869 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in Washington Trust Bancorp by 35.4% during the 4th 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 in the last quarter. Finally, BNP Paribas Financial Markets increased its holdings in Washington Trust Bancorp by 312.5% during the 2nd quarter. BNP Paribas Financial Markets now owns 4,504 shares of the financial services provider’s stock valued at $127,000 after acquiring an additional 3,412 shares in the last quarter. Institutional investors and hedge funds own 65.81% of the company’s stock.

Washington Trust Bancorp Company Profile

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.