secwatch.observer — SEC 8-K summary
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Issuer:     WASHINGTON TRUST BANCORP INC (WASH)
CIK:        0000737468
Form:       8-K
Filed at:   2021-07-21T23:59:59+00:00
Accession:  0000737468-21-000094
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Trust Q2 net income $17.5M ($1.00 EPS) vs Q1 $20.5M ($1.17 EPS); wealth management revenues record $10.4M
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- Net income $17.5M, diluted EPS $1.00; ROAE 12.92%, ROAA 1.20%.
- No provision for credit losses in Q2; negative $2.0M in Q1.
- Wealth management revenues $10.4M (record high); AUA $7.4B (record).
- Mortgage banking revenues $6.0M, down 50% QoQ on lower sales yields.
- Quarterly dividend declared $0.52 per share, paid July 9, 2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737468/000073746821000094/0000737468-21-000094-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737468/000073746821000094/wash-20210721.htm
  HTML page:      https://secwatch.observer/filing/0000737468-21-000094

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer