secwatch.observer — SEC 8-K summary
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Issuer:     WASHINGTON TRUST BANCORP INC (WASH)
CIK:        0000737468
Form:       8-K
Filed at:   2026-01-28T23:59:59+00:00
Accession:  0000737468-26-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Trust Q4 net income $16.0M, EPS $0.83; full-year profit vs loss in 2024
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- Q4 2025 net income $16.0M ($0.83 diluted EPS) vs Q3 $10.8M ($0.56) and 2024 full-year $52.2M ($2.71) vs 2024 net loss $28.1M (($1.63)).
- Net interest margin 2.56%, up 16 bps QoQ; full-year NIM 2.40%, up 53 bps from 2024.
- Wealth management revenues $10.9M (+5% QoQ); mortgage banking revenues $3.3M (+14% YoY).
- Loans stable at $5.1B; in-market deposits up 1% QoQ and 9% YoY; total risk-based capital ratio 12.95%.
- Nonaccrual loans fell to $12.9M (0.25% of loans) vs $14.0M (0.27%) prior quarter; net recoveries of $160K vs net charge-offs $11.4M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000026/0000737468-26-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000026/wash-20260128.htm
  HTML page:      https://secwatch.observer/filing/0000737468-26-000026

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