earnings
confidence high
sentiment positive
materiality 0.65
Washington Trust Q2 net income $13.2M, EPS $0.68; net interest margin +7 bps
WASHINGTON TRUST BANCORP INC
2025-Q2 EPS
reported $1.31
vs consensus $0.65
▲ beat
(+102.8%)
- Net income $13.2M ($0.68 diluted EPS) vs Q1 $12.2M ($0.63); adjusted Q1 EPS $0.61 excluding special items.
- Net interest margin 2.36%, up 7 bps from Q1; net interest income $37.2M, +2%.
- Wealth management revenue +2% to $10.1M; mortgage banking +32% to $3.0M on higher loan sales.
- Total loans $5.1B, +1%; in-market deposits $5.0B, +1% from Q1, +9% YoY.
- Nonaccrual loans rose to $26.1M (0.51% vs 0.42% prior) due to one $9.4M commercial relationship.
item 2.02item 9.01