secwatch.observer — SEC 8-K summary
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Issuer:     WASHINGTON TRUST BANCORP INC (WASH)
CIK:        0000737468
Form:       8-K
Filed at:   2026-07-20T20:08:27+00:00
Accession:  0000737468-26-000109
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Washington Trust Q2 net income $16.0M ($0.83 EPS), up 27% QoQ; NIM expands 10 bps
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- Net income $16.0M, up $3.4M from Q1; diluted EPS $0.83 vs $0.66 prior quarter.
- Net interest margin 2.73%, up 10 bps; benefit from hedge amortization cessation contributed $1.4M.
- Loans up 2% to $5.1B; deposits up 4% to $5.4B; no wholesale brokered deposits.
- Wealth management revenues +5% QoQ; mortgage banking revenues +14% QoQ.
- Quarterly dividend $0.56 per share; common equity tier 1 ratio 11.89%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000109/0000737468-26-000109-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/737468/000073746826000109/wash-20260720.htm
  HTML page:      https://secwatch.observer/filing/0000737468-26-000109

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