Washington Trust Bancorp (WASH) reported third-quarter 2026 net income of $19.4 million, up 21% from the preceding quarter and up $8.5 million from the prior-year quarter. Diluted earnings per share were $1.01, compared with $0.83 in the second quarter and $0.56 a year earlier.
Net interest income rose 7% sequentially to $44.7 million, while total noninterest income increased 9% to $20.3 million. Deposits reached $5.4 billion at September 30, 2026.
- Net interest margin expanded 11 basis points from the prior quarter to 2.84%.
- Total loans were $5.2 billion, up $61.8 million from June 30, 2026.
- Nonaccrual loans declined to $24.5 million from $39.8 million in the preceding quarter.
- The provision for credit losses was $1.8 million, and net charge-offs totaled $3.9 million.
- The board declared a quarterly dividend of $0.56 per share, paid October 9, 2026.
$WASH Insider Trading Activity
$WASH insiders have traded $WASH stock on the open market 6 times in the past 6 months. Of those trades, 4 have been purchases and 2 have been sales.
Here’s a breakdown of recent trading of $WASH stock by insiders over the last 6 months:
- JAMES CANNON BROWN (SEVP, Chief Comm'l Banking Off) has made 2 purchases buying 32,000 shares for an estimated $997,571 and 0 sales.
- EDWARD O. III HANDY (Chairman and CEO) has made 1 purchase buying 3,195 shares for an estimated $100,078 and 1 sale selling 0 shares for an estimated $35.
- RONALD S. OHSBERG (SEVP, CFO and Treasurer) purchased 1,606 shares for an estimated $49,786
- ROLANDO A LORA (EVP Ch Ret Len Off Dir Com Len) sold 885 shares for an estimated $27,926
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$WASH Hedge Fund Activity
We have seen 96 institutional investors add shares of $WASH stock to their portfolio, and 63 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- AQR CAPITAL MANAGEMENT LLC added 235,362 shares (+104.2%) to their portfolio in Q2 2026, for an estimated $8,586,005
- BLACKROCK, INC. removed 220,170 shares (-9.0%) from their portfolio in Q2 2026, for an estimated $8,031,801
- AMERICAN CENTURY COMPANIES INC added 185,409 shares (+191.3%) to their portfolio in Q2 2026, for an estimated $6,763,720
- FRANKLIN RESOURCES INC added 185,198 shares (+28.2%) to their portfolio in Q2 2026, for an estimated $6,756,023
- BASSWOOD CAPITAL MANAGEMENT, L.L.C. added 183,998 shares (+inf%) to their portfolio in Q2 2026, for an estimated $6,712,247
- SIXTH STREET PARTNERS MANAGEMENT COMPANY, L.P. added 158,679 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,788,609
- MILLENNIUM MANAGEMENT LLC added 150,202 shares (+inf%) to their portfolio in Q2 2026, for an estimated $5,479,368
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.