Washington Trust reports Q1 EPS 66c, consensus 76c

“Washington Trust (WASH) delivered solid first quarter 2026 results, led by an increase in net interest margin, which reflects the strength of our core banking business and continued benefits from the December 2024 balance sheet repositioning transactions,” said Washington Trust Chairman and CEO Edward O. “Ned” Handy III. “Our balance sheet remains strong, and as we move through 2026, Washington Trust is focused on delivering long-term shareholder value while providing customers with personalized service, local decision-making, and a comprehensive suite of financial products and services.” Net interest income was down by $223 thousand, or 1%, and as noted above NIM was up by 7 basis points. Compared to the first quarter of 2025, net interest income was up by $4.1M, or 11%, and NIM was up by 34 basis points.