Washington Trust Bancorp
WASH39.6600.65% ( -0.260 )
Q2 FY2026 EarningsQ2 2026 performance significantly beat consensus estimates: revenue reached $60.5M vs. $59.9M expected, and diluted EPS was $0.83 vs. $0.77 expected. Profitability was driven by an improved NIM of 2.73% (vs. 2.69% expected) and the cessation of a $1.4M quarterly hedge amortization expense. Strong execution in institutional banking led to 2% loan growth and 4% deposit growth QoQ, while wealth management and mortgage revenues rose 5% and 14% respectively, supporting a robust outlook for the second half of 2026.
Financial report interval: 2026.03.30 - 2026.06.30
Preview: Washington Trust Bancorp(WASH) predict that the Revenue is 60.65 M (+11.33%), Beat estimate;the EBIT is 22.05 M (+22.86%), Beat estimate;the EPS is 0.83 (+22.06%), Beat estimate.
Actual
YoY
Estimate
YoY
Vs estimate
YoY
RevenueExceed expectations
0.06B11.33%
0.06B9.97%
+0.00B1.36%
EBITExceed expectations
0.02B22.86%
0.02B17.58%
+0.00B5.28%
EPSExceed expectations
0.8322.06%
0.76913.09%
+0.06108.97%
Revenue
ActualEstimateUnit: USD
qf
EBIT
ActualEstimateUnit: USD
qf
Net income
ActualEstimateUnit: USD
qf
EPS
ActualEstimateUnit: USD
qf