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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

Net income for Washington Trust Bank, Q3 2026
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

Interest income and expense for Washington Trust Bank, Q3 2026
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

Noninterest income and expense for Washington Trust Bank, Q3 2026
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

Productivity for Washington Trust Bank, Q3 2026
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

Credit costs and securities results for Washington Trust Bank, Q3 2026
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

Last 12 quarters as filed. Every value plotted here also appears in the tables above.

Net income CSV: Pro

Each bar is that quarter alone, not a year-to-date total.

Return on assets and equity CSV: Pro
Efficiency ratio CSV: Pro

Lower is better: it is expense as a share of revenue.

Income and Expense by quarter

Values plotted above, Washington Trust Bank, oldest first
Quarter Net incomeReturn on assetsReturn on equityEfficiency 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

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Source: 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)