Washington Trust Bancorp Reports Q1 2026 Earnings with Lower Net Income and NIM Expansion
Washington Trust Bancorp reported Q1 2026 net income of $12.6 million, down from $16.0 million in the prior quarter due to a $4.0 million provision for two commercial real estate loans moved to non-accrual. The net interest margin expanded to 2.63%, with management projecting further growth in the coming quarters.
Tickers: $WASH
Topics: Branch Expansion Commercial Real Estate Earnings Loan Growth Net Income Net Interest Margin