39.42
+2.07%
Close of 9 Nov 2026, in USD
Search any instrument
Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
About Washington Trust Bancorp
From its filings with the US Securities and Exchange Commission
Washington Trust Bancorp is based in Westerly, Rhode Island and is incorporated in Rhode Island. Its shares trade on Nasdaq under the ticker WASH. The SEC classifies its business as state commercial banks. In the fiscal year to 31 December 2025, it reported revenue of $229.0m and net income of $52.2m. At that date it held total assets of $6.62bn and shareholders' equity of $543.6m.
Washington Trust (hereafter also referred to as “we,” “our,” or the “Corporation”) offers a full range of financial services, including commercial banking, mortgage banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, Connecticut, and Massachusetts.
The accounting and reporting policies of Washington Trust conform to GAAP and to general practices of the banking industry. At December 31, 2025, Washington Trust had total assets of $6.6 billion, total deposits of $5.3 billion and total shareholders’ equity of $543.6 million.
Total loans amounted to $5.1 billion, or 78% of total assets, at December 31, 2025. Our lending activities are conducted primarily in southern New England and, to a lesser extent, other states. We offer a variety of lending products to consumer, commercial, non-profit and municipal customers. Interest rates charged on loans may be fixed or variable and vary with the degree of risk, loan term, underwriting and servicing costs, loan amount and the extent of other banking relationships maintained with customers. Rates are further subject to competitive pressures, the current interest rate environment, availability of funds and government regulations.
Quoted from its 10-K, filed 24 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Financials
- Industry
- Banks
- Listed since
- 8 Jun 1987
- Employees
- 642
- Head office
- 23 BROAD ST, WESTERLY, RI, 02891
- Incorporated in
- RI
- Classification
- State Commercial Banks
- Filer status
- Accelerated filer
Leadership
Pay as last reported
- Mr. Edward HandyChairman of the Board, Chief Executive Officer of the Corporation and the Bank, since 2013$1.7m
- Ms. Mary NoonsPresident, Chief Operating Officer of Corporation and the Bank$884,853
- Mr. Ronald OhsbergChief Financial Officer, Senior Executive Vice President, Treasurer of the Corporation and the Bank$708,311
- Ms. Kristen DisantoChief Human Resources Officer, Senior Executive Vice President, Corporate Secretary of the Corporation and the Bank
- Ms. Maria JanesExecutive Vice President, Chief Accounting Officer, Controller of the Corporation and the Bank
- Mr. Dennis AlgiereExecutive Vice President, Chief Compliance Officer and Director of Community Affairs of the Bank
- Ms. Michelle KileExecutive Vice President, Chief Retail Banking Officer
- Mr. Rolando LoraExecutive Vice President, Chief Retail Lending Officer and Director of Community Lending
- Ms. Kathleen RyanExecutive Vice President and Chief Wealth Management Officer of the Bank$723,224
- Mr. William WraySenior Executive Vice President, Chief Risk Officer of the Bank$640,548
- Mr. Robert DimuccioLead Independent Director$107,034
- Mr. Mark GimDirector, since 2008$96,034
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 66
- Environment
- 67
- Social
- 73
- Governance
- 60
- Women in the workforce
- 62.5%
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Strong financial position: Washington Trust Bancorp Inc boasts a robust balance sheet with ample cash reserves and low levels of debt, enabling it to capitalize on growth opportunities and withstand economic downturns.
- Diversified revenue streams: The company's diversified business model, encompassing commercial banking, wealth management, and mortgage banking, provides stability and multiple sources of income.
- Established brand: Washington Trust Bancorp Inc has a long-standing reputation for excellence and trust, which helps attract and retain customers, as well as build strong relationships within the community.
- Experienced management team: The company is led by a seasoned management team that possesses extensive industry knowledge and a track record of making sound strategic decisions.
Weaknesses
- Limited geographic presence: Washington Trust Bancorp Inc primarily operates in the Northeastern United States, which exposes it to regional economic risks and limits its ability to capture broader market opportunities.
- Dependency on interest rates: Fluctuations in interest rates significantly impact the company's profitability as it heavily relies on net interest income. This exposes it to interest rate volatility and limits its ability to diversify revenue sources.
- Relatively smaller size: Compared to larger national banks, Washington Trust Bancorp Inc has a more limited scale of operations, which may restrict its ability to compete in certain markets or invest in technological advancements.
Opportunities
- Market expansion possibilities: The company can explore growth opportunities by expanding its presence into new geographic markets, allowing for increased customer base and potential revenue growth.
- Digital banking advancements: Investing in technology and enhancing digital banking capabilities can attract technologically savvy customers, improve operational efficiency, and provide a competitive advantage in the rapidly evolving banking industry.
- Acquisition and partnership opportunities: Washington Trust Bancorp Inc can strategically pursue mergers, acquisitions, or partnerships to gain market share, expand offerings, and leverage synergies for increased profitability.
Threats
- Intense competition: The banking industry is fiercely competitive, with both traditional and emerging players vying for market share, making it challenging for Washington Trust Bancorp Inc to differentiate itself and maintain customer loyalty.
- Regulatory environment: Evolving regulations and compliance requirements pose challenges and additional costs for financial institutions, potentially impacting the company's profitability and operational flexibility.
- Economic downturns: Adverse economic conditions, such as recessions or market fluctuations, can negatively impact loan demand, asset quality, and overall financial performance, potentially leading to lower profitability for Washington Trust Bancorp Inc.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
Nothing here is investment advice. Prices can be delayed or wrong, so check with the exchange before relying on them. Data for this page. How we cover markets.