Washington Trust reports Q2 2026 EPS of $0.83, up 27% QoQ on margin expansion and loan growth

Filed July 20, 2026 · Period ending July 20, 2026 · ~1 min read

Key Changes

• high

  Net income rose to $16.0M ($0.83/share), up 27% from Q1 2026 and 21% year-over-year, driven by net interest margin expansion and commercial loan growth.

  Item 2.02 — Results of Operations and Financial Condition verify on EDGAR →
• high

  Net interest margin expanded 10 basis points to 2.73%, with $1.4M contribution from full amortization of a deferred hedge loss of $1.6 million as of May 1, 2026—a permanent run-rate improvement starting Q3 2026.

  Exhibit 99.1 view on EDGAR →
• high

  Total loans grew $88M (2%) to $5.1B, led by $63M in commercial & industrial lending from the institutional banking team; deposits rose $194M (4%) to $5.4B with no wholesale brokered deposits.

  Exhibit 99.1 view on EDGAR →