secwatch.observer — SEC 8-K summary
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Issuer:     WASHINGTON TRUST BANCORP INC (WASH)
CIK:        0000737468
Form:       8-K
Filed at:   2022-01-26T23:59:59+00:00
Accession:  0000737468-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Trust Q4 net income $20.2M ($1.15 EPS); record wealth revenues, dividend raised
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- Q4 net income $20.2M, EPS $1.15 vs Q3 $1.07; full-year $76.9M, EPS $4.39 vs $4.00 prior year.
- Wealth management AUA record $7.8B; revenues $10.5M Q4 and $41.3M full-year, both all-time highs.
- Residential mortgage originations full-year record $1.69B; in-market deposits record $4.5B, up 18% YoY.
- Negative provision for credit losses (benefit) of $2.8M in Q4; quarterly dividend raised to $0.54/share (up $0.02).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737468/000073746822000006/0000737468-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737468/000073746822000006/wash-20220126.htm
  HTML page:      https://secwatch.observer/filing/0000737468-22-000006

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