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Washington Trust Bancorp (WASH)
NASDAQ:WASH
Earnings Data
Report Date
Oct 27, 2025After Close (Confirmed)
Period Ending
2025 (Q3)Consensus EPS Forecast
0.71Last Year’s EPS
0.64Same Quarter Last Year
Based on 5 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The earnings call presented a generally positive outlook with notable growth in net income, net interest income, and key revenue streams such as wealth management and mortgage banking. There was also healthy loan and deposit growth, and asset quality remained strong. However, challenges were noted in the form of declining residential loans, continuous net outflows in wealth management, increased noninterest expenses, and higher FHLB borrowings.Company Guidance
Growth in Key Revenue Streams
Net income grew to $13.2 million or $0.68 per share from $12.2 million and $0.63 per share last quarter. Net interest income was $37.2 million, up by $763,000 or 2% on a linked quarter basis. Wealth management revenues increased by 2% to $10.1 million, and mortgage banking revenues increased by 32% to $3 million.
Loan and Deposit Growth
Total loans increased by $44 million or 1%. Total commercial loans increased by $57 million or 2%, while in-market deposits increased by $30 million or 1% from the end of the first quarter and by $407 million or 9% year-over-year.
Improvement in Noninterest Income
Noninterest income totaled $17.1 million in Q2. Excluding Q1 sale leaseback net gain of $7 million, adjusted noninterest income was up by $1.4 million or 9%.
Asset and Credit Quality
Asset and credit quality metrics remained solid with nonaccruing loans at 51 basis points and past due loans at 27 basis points compared with total loans. The allowance totaled $41.1 million or 80 basis points on total loans, providing NPL coverage of 157%.
WASH Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WASH Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Jul 21, 2025 | $29.09 | $28.41 | -2.34% |
Apr 21, 2025 | $26.67 | $25.72 | -3.56% |
Jan 29, 2025 | $31.26 | $31.02 | -0.77% |
Oct 21, 2024 | $30.14 | $32.57 | +8.06% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Washington Trust Bancorp (WASH) report earnings?
Washington Trust Bancorp (WASH) is schdueled to report earning on Oct 27, 2025, After Close (Confirmed).
What is Washington Trust Bancorp (WASH) earnings time?
Washington Trust Bancorp (WASH) earnings time is at Oct 27, 2025, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WASH EPS forecast?
WASH EPS forecast for the fiscal quarter 2025 (Q3) is 0.71.