Washington Trust Bancorp, Inc. filed its Form 10-Q for the quarterly period ended September 30, 2026, with the SEC on November 5, 2026, reporting third-quarter net interest income of $44,692 thousand and total assets of $6.54 billion.

Key Highlights

  • Net interest income: $44,692 thousand for the three months ended September 30, 2026, up from $38,833 thousand in the same period of 2025, according to the filing.
  • Total assets: $6,538,491 thousand as of September 30, 2026, compared with $6,621,694 thousand at December 31, 2025.
  • Total loans: $5,164,852 thousand as of September 30, 2026, up from $5,134,388 thousand at December 31, 2025.
  • Provision for credit losses: $1,800 thousand for the three months ended September 30, 2026, down from $6,800 thousand in the prior-year quarter.
  • Allowance for credit losses on loans: $40,488 thousand at September 30, 2026, compared with $37,236 thousand at December 31, 2025.
  • Total deposits: $5,436,016 thousand at September 30, 2026, up from $5,269,990 thousand at December 31, 2025.
  • Shares outstanding: 19,081,322 as of September 30, 2026, and 19,093,323 as of October 31, 2026, as disclosed in the filing.

Washington Trust Bancorp Third-Quarter 2026 Financial Results

Washington Trust Bancorp, Inc. (NASDAQ:WASH), headquartered at 23 Broad Street, Westerly, Rhode Island, reported third-quarter 2026 results in its Form 10-Q covering the period ended September 30, 2026. According to the filing, net interest income for the three months ended September 30, 2026 was $44,692 thousand, compared with $38,833 thousand for the same quarter in 2025. For the nine months ended September 30, 2026, net interest income was $127,020 thousand versus $112,440 thousand in the prior-year nine-month period. Total interest and dividend income for the third quarter was $78,405 thousand, down from $80,945 thousand a year earlier, while total interest expense fell to $33,713 thousand from $42,112 thousand.

The filing disclosed that the provision for credit losses was $1,800 thousand for the three months ended September 30, 2026, a decrease from $6,800 thousand in the third quarter of 2025. For the nine-month period, the provision was $7,400 thousand versus $8,600 thousand in the comparable 2025 period. Net interest income after provision for credit losses for the third quarter was $42,892 thousand, compared with $32,033 thousand a year prior. Among noninterest income items, wealth management revenues for the quarter were $11,089 thousand, up from $10,373 thousand, and mortgage banking revenues were $3,155 thousand, compared with $3,501 thousand in the prior-year quarter, according to the filing.

On the balance sheet, total deposits grew to $5,436,016 thousand from $5,269,990 thousand at December 31, 2025, the filing stated. Federal Home Loan Bank advances declined to $376,000 thousand from $626,000 thousand over the same period. Total shareholders' equity was $530,767 thousand at September 30, 2026, down from $543,584 thousand at December 31, 2025, with accumulated other comprehensive loss widening to $(109,797) thousand from $(79,309) thousand. The registrant identified itself as an accelerated filer.

What Was Disclosed

Washington Trust Bancorp filed its quarterly Form 10-Q for the period ended September 30, 2026, disclosing balance sheet data, income statement results, credit loss provisions, deposit levels, and equity position for the third quarter and first nine months of 2026.