The earnings call presented a mix of positive financial performance indicators such as increased net income, net interest income, and mortgage banking revenues. However, challenges like a decline in residential loans and ongoing net outflows in the wealth management unit were noted. The sentiment of the call reflects a cautiously optimistic outlook with a focus on maintaining growth momentum while addressing existing challenges.

Company Guidance -

Q3 2025

In the second quarter of 2025, Washington Trust Bancorp Inc. reported strong financial performance with net income of $13.2 million or $0.68 per share, up from $12.2 million or $0.63 per share in the previous quarter. This growth was driven by increased net interest income of $37.2 million, a 2% rise from the linked quarter, and noninterest income totaling $17.1 million. Wealth management revenues increased by 2% to $10.1 million, while mortgage banking revenues saw significant growth, up 32% to $3 million. The company's asset under administration (AUA) balances rose by 5% to $7.2 billion. Total loans grew by $44 million or 1%, with total commercial loans up by 2%. The company also focused on enhancing its wealth management team and finalized the conversion of its core wealth management system to improve customer experience. Washington Trust remains committed to providing comprehensive banking services and continues to target loan and deposit growth, emphasizing deposit generation and wealth management expansion.

Increase in Net Income

Reported net income of $13.2 million or $0.68 per share, an increase from $12.2 million or $0.63 per share in the previous quarter.

Growth in Net Interest Income

Net interest income was $37.2 million, up by $763,000 or 2% on a linked quarter basis.

Strong Mortgage Banking Revenue

Mortgage banking revenues increased by 32% to $3 million, with the mortgage pipeline at $102 million, up by 7% from the end of March.

Increase in Wealth Management Revenues

Wealth management revenues were $10.1 million, up by $229,000 or 2%.

Loan and Deposit Growth

Total loans were up by $44 million or 1%, and in-market deposits increased by $30 million or 1% from the end of the first quarter.

Washington Bancorp (WASH) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

WASH Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 27, 2025	2025 (Q3)	0.70 / -	0.64	―	―	―
Jul 21, 2025	2025 (Q2)	0.63 / 0.68	0.63	7.94% (+0.05)	―
Apr 21, 2025	2025 (Q1)	0.63 / 0.63	0.64	-1.56% (-0.01)	―
Jan 29, 2025	2024 (Q4)	0.58 / -3.46	0.76	-555.26% (-4.22)
Oct 21, 2024	2024 (Q3)	0.56 / 0.64	0.65	-1.54% (-0.01)
Jul 22, 2024	2024 (Q2)	0.49 / 0.63	0.66	-4.55% (-0.03)
Apr 22, 2024	2024 (Q1)	0.45 / 0.64	0.74	-13.51% (-0.10)
Jan 24, 2024	2023 (Q4)	0.57 / 0.76	0.95	-20.00% (-0.19)	―
Oct 23, 2023	2023 (Q3)	0.58 / 0.65	1.08	-39.81% (-0.43)	―
Jul 24, 2023	2023 (Q2)	0.63 / 0.66	1.14	-42.11% (-0.48)

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 0.7.

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