• Washington Trust Bancorp posted net income of $12.6 million, up 3% year over year, with diluted earnings per share rising to $0.66.
• Total revenues slipped 2% to $57.83 million as noninterest income fell 24% to $17.3 million, while net interest income climbed 11% to $40.53 million.
• Provision for credit losses more than tripled to $4 million.
• Nonperforming assets increased to $40.44 million, lifting nonperforming assets to total assets to 0.63% from 0.2% at Dec. 31, 2025.
• Net interest margin widened to 2.63% from 2.29%, reflecting continued benefits from December 2024 balance sheet repositioning transactions.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Washington Trust Bancorp Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0000737468-26-000101), on May 07, 2026, and is solely responsible for the information contained therein.