Washington Trust Bank: Income and Expense
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Data as of · Call Report Schedule RI How we update
Washington Trust Bank reported all 18 line items on this page on its Q3 2026 filing. Net income was $30.5M in Q3 2026, up 10.7% from $27.5M in Q3 2025.
What the income and expense page covers and where each line comes from.
Open the full profitability analysis: return on equity taken apart into each income statement line's share of average assets and the leverage on equity, what moved it since a year earlier, and peers measured the same way.
Total noninterest expense rose 3.7% from Q2 2026 to Q3 2026, ending at $80.7M against $77.9M. It was the largest change among the key lines on this page. Washington Trust Bank ranks 12th of 28 Washington banks on return on assets, in the upper half at 1.14% (Q3 2026). Washington Trust Bank reported 1.14% on return on assets for Q3 2026, 0.12 points below the 1.25% median for banks in the $10B-100B asset tier.
Net income
| Line item | Q3 2026 |
|---|---|
| Net income | $30.5M |
| Return on assets | 1.14% |
| Return on equity | 11.99% |
Source: Call Report Schedule RI. Open the filed call report for Q3 2026 on the FFIEC CDR.
Interest income and expense
| Line item | Q3 2026 |
|---|---|
| Interest income on loans | $112.2M |
| Total interest expense | $27.1M |
| Interest expense on deposits | $23.8M |
| Net interest margin | 3.92% |
Source: Call Report Schedule RI. Open the filed call report for Q3 2026 on the FFIEC CDR.
Noninterest income and expense
| Line item | Q3 2026 |
|---|---|
| Total noninterest expense | $80.7M |
| Salaries and general administrative expense | $56.9M |
| Amortization of intangibles | $0 |
| Other noninterest expense | $23.9M |
| Efficiency ratio | 67.60% |
Source: Call Report Schedule RI. Open the filed call report for Q3 2026 on the FFIEC CDR.
Productivity
| Line item | Q3 2026 |
|---|---|
| Assets per employee | $8.5M |
| Revenue per employee | $380K |
| Full-time equivalent employees | 1,257 |
Source: Call Report Schedule RI. Open the filed call report for Q3 2026 on the FFIEC CDR.
Credit costs and securities results
| Line item | Q3 2026 |
|---|---|
| Provision for credit losses | -$250K |
| Provision expense to average assets | -0.01% |
| Realized gain/(loss) on securities | $0 |
Source: Call Report Schedule RI. Open the filed call report for Q3 2026 on the FFIEC CDR.
Income and Expense trend
Income and Expense by quarter
| Quarter | Net income | Return on assets | Return on equity | Efficiency ratio |
|---|---|---|---|---|
| Q4 2023 | $11.2M | 0.39% | 5.24% | 79.71% |
| Q1 2024 | $11.8M | 0.40% | 5.44% | 79.58% |
| Q2 2024 | $12.0M | 0.44% | 5.50% | 88.08% |
| Q3 2024 | $12.2M | 0.45% | 5.50% | 77.64% |
| Q4 2024 | $21.3M | 0.78% | 9.48% | 72.52% |
| Q1 2025 | $17.2M | 0.65% | 7.57% | 74.35% |
| Q2 2025 | $19.8M | 0.75% | 8.56% | 69.93% |
| Q3 2025 | $27.5M | 1.03% | 11.64% | 74.29% |
| Q4 2025 | $30.5M | 1.14% | 12.71% | 67.92% |
| Q1 2026 | $32.5M | 1.23% | 13.31% | 65.70% |
| Q2 2026 | $30.6M | 1.16% | 12.26% | 67.52% |
| Q3 2026 | $30.5M | 1.14% | 11.99% | 67.60% |
Washington Trust Bank income and expense, quarter by quarter
Income and Expense since Q3 2021 · peer percentiles on every line item · watchlist alerts
Unlock this bank, freeSource: Call Report Schedule RI, Q3 2026. How these pages are built. See the full Washington Trust Bank profile, peer group comparison, or how this data updates.
Regulator records: FDIC BankFind (cert 1281) · FFIEC NIC profile (RSSD 58971)