---
schema_version: "secwatch.filing_event.v1"
accession: "0000737468-23-000029"
form_type: "8-K"
ticker: "WASH"
cik: "0000737468"
company_name: "WASHINGTON TRUST BANCORP INC"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T04:36:55.769911+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Washington Trust Q2 net income $11.3M ($0.66 EPS) down from $12.8M in Q1

## Summary
- Net income $11.3M ($0.66 diluted EPS) vs Q1 net income $12.8M ($0.74 EPS).
- Net interest income $33.5M, down 10% QoQ; net interest margin 2.03%, down 30 bps.
- Noninterest income $14.3M, up 8% QoQ on higher wealth management and mortgage banking revenues.
- Loans hit all-time high $5.4B (+3%); in-market deposits $4.7B (+1%); total assets >$7B.
- Nonaccrual loans fell to 0.19% of total loans; quarterly dividend $0.56/share declared.

## SEC filing metadata
- accession: 0000737468-23-000029
- form_type: 8-K
- ticker: WASH
- cik: 0000737468
- company_name: WASHINGTON TRUST BANCORP INC
- filed_at: 2023-07-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/737468/000073746823000029/0000737468-23-000029-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/737468/000073746823000029/wash-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000737468-23-000029
- JSON: https://secwatch.observer/filing/0000737468-23-000029.json
- Plain text: https://secwatch.observer/filing/0000737468-23-000029.txt

## Key facts
- Earnings Releases
  WASHINGTON TRUST BANCORP INC reported second quarter 2023 results: net income $11.3 million, EPS $0.66 per diluted share.
  - Period: second quarter 2023
  - Net income: $11.3 million
  - EPS: $0.66 per diluted share
  - Result: reported results
  source text: announced second quarter 2023 net income of $11.3 million, or $0.66 per diluted share
  evidence_url: https://www.sec.gov/Archives/edgar/data/737468/000073746823000029/0000737468-23-000029-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.