{"schema_version":"secwatch.filing_event.v1","accession":"0000737468-23-000003","form_type":"8-K","ticker":"WASH","cik":"0000737468","company_name":"WASHINGTON TRUST BANCORP INC","filed_at":"2023-01-25T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.942481+00:00","generated_at":"2026-06-20T10:04:15.127924+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Washington Trust Q4 EPS $0.95 vs $1.08 QoQ; loans hit record $5.1B","bullets":["Net income $16.6M ($0.95 diluted EPS) vs Q3 $18.7M ($1.08); full-year 2022 $4.11 EPS vs $4.39 in 2021.","Total loans record $5.1B, up 5% QoQ and 20% YoY; net interest margin narrowed 17 bps to 2.65% on higher funding costs.","Wealth management revenues fell 9% QoQ to $8.6M; $673M client asset outflows from departure of four advisors; further withdrawals possible.","Quarterly dividend increased 2 cents to $0.56 per share, marking 12th consecutive year of dividend growth.","Nonaccrual loans stable at 0.25% of loans; provision for credit losses $800K consistent with prior quarter."],"urls":{"canonical":"https://secwatch.observer/filing/0000737468-23-000003","json":"https://secwatch.observer/filing/0000737468-23-000003.json","markdown":"https://secwatch.observer/filing/0000737468-23-000003.md","text":"https://secwatch.observer/filing/0000737468-23-000003.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000003/0000737468-23-000003-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000003/wash-20230125.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T10:04:15.127924+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"27da3e6fba15de09ef01da626e685a0dd43eefd6","claim":"WASHINGTON TRUST BANCORP INC reported the year ended December 31, 2022 results: net income $71.7 million, EPS $4.11 per diluted share.","evidence_excerpt":"Net income for the year ended December 31, 2022 totaled $71.7 million, or $4.11 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000003/0000737468-23-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the year ended December 31, 2022"},{"label":"Net income","value":"$71.7 million"},{"label":"EPS","value":"$4.11 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"},{"claim_id":"f9b234bec7379135c9c17ac290db49f3b9d8df44","claim":"WASHINGTON TRUST BANCORP INC reported fourth quarter 2022 results: net income $16.6 million, EPS $0.95 per diluted share.","evidence_excerpt":"Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced fourth quarter 2022 net income of $16.6 million, or $0.95 per diluted share","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/737468/000073746823000003/0000737468-23-000003-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"fourth quarter 2022"},{"label":"Net income","value":"$16.6 million"},{"label":"EPS","value":"$0.95 per diluted share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}