WASHNasdaqState Commercial BanksUS GAAP · USD

Washington Trust Bancorp, Inc

Washington Trust Bancorp, Inc. is a Rhode Island-based bank holding company whose principal subsidiary is The Washington Trust Company of Westerly, a state-chartered bank founded in 1800. Through its branch network in Rhode Island, Connecticut, and Massachusetts, it provides commercial banking, mortgage banking, personal banking, and wealth management and trust services.

Kysy yhtiöstä
Liikevaihto229milj. USD
+127,6 %v/v
Nettotulos52,2milj. USD
+286,2 %v/v
Vapaa kassavirta78,3milj. USD
+45,9 %v/v

Tilikausi 2025 · muutos edellisvuodesta

Kehitys 2020–2025

050100150200250milj. USD2020: 227 milj. USD20202021: 229 milj. USD20212022: 219 milj. USD20222023: 193 milj. USD20232024: 101 milj. USD20242025: 229 milj. USD2025229
LiikevaihtoLiikevoitto (EBIT)
Kysy Clarifolta: Washington Trust Bancorp, Inc

Liiketoiminta

Osuus liikevaihdosta
Commercial banking and lending45 %

Commercial, consumer, nonprofit, and municipal loans originated through the bank.

Deposit and transaction banking20 %

Core deposit accounts and related cash management, card, and service fees.

Wealth management and trust20 %

Investment management, financial planning, trust, custody, and fiduciary services.

Mortgage banking10 %

Residential mortgage origination and related mortgage banking activities.

Other noninterest income5 %

Bank-owned life insurance, loan-related derivative income, and miscellaneous fees.

Tuotteet

Raportoitu · osuus liikevaihdosta
71,4%12,1%8,9%FY2025100 %
  • Investment Advisory Management and Administrative Service71,4 %
  • Gain On Sale of Bank Owned Properties Net12,1 %
  • Card Interchange Fees8,9 %
  • Deposit Account5,6 %
  • Other Noninterest Income2,0 %

Lähde: 10-K FY2025, yhtiön tuotelinjoittain raportoima liikevaihto (SEC XBRL). Osuudet on laskettu näytetyistä riveistä ja ne summautuvat 100 %:iin.

Asiakkaat

Washington Trust serves individuals, households, businesses, nonprofits, and municipal customers across its regional footprint. Its lending and deposit products are used by local commercial borrowers and retail customers, while its wealth management platform serves both personal and institutional clients seeking investment, trust, and fiduciary services.

Commercial borrowers

Businesses, nonprofits, and municipalities that use loans and treasury services for working capital and financing needs.

Retail deposit customers

Households and individuals that place savings, checking, money market, and time deposits with the bank.

Mortgage customers

Homebuyers and homeowners using residential mortgage products and related servicing/origination services.

Wealth management clients

Personal and institutional clients buying investment management, planning, trust, custody, and fiduciary services.

Consumer credit customers

Customers using home equity lines, home equity loans, and personal installment loans.

Strategia

The bank’s strategy centers on deepening relationships in its regional market through in-person service, digital banking tools, and a broad mix of lending, deposits, and fee businesses. It also emphasizes wealth management as a meaningful noninterest-income engine and uses capital, liquidity, and asset-liability management to support steady relationship banking.

Strengthen regional relationship bankingLyhyt aikaväli

Local deposit and lending relationships are central to funding and cross-sell in a competitive market.

Expand digital and convenience bankingKeskipitkä aikaväli

Customers compare banks on online/mobile access and ease of use, not just branch proximity.

Build fee income from wealth managementKeskipitkä aikaväli

Wealth services diversify revenue beyond spread income and leverage client relationships.

Manage interest rate and liquidity exposureLyhyt aikaväli

Net interest income depends on funding costs, loan yields, and deposit behavior.

Maantiede

Washington Trust operates primarily in southern New England, with offices in Rhode Island, Connecticut, and Massachusetts. Lending and wealth management are concentrated in Rhode Island and nearby markets, while the bank also serves other states to a lesser extent through selected lending and client relationships.

Riskit

Washington Trust is exposed to interest rate sensitivity, deposit competition, and credit risk in its commercial and residential loan books. Its wealth management and mortgage businesses also depend on market conditions and client activity, while reputation, regulatory compliance, and counterparty soundness remain important risks for a community banking model.

Järjestetty vakavuuden mukaan
MatalaKohtalainenKorkeaMatalaKohtalainenKorkeaVaikutus →Todennäköisyys →Interest rate risk1Deposit competition and funding pressure2Wealth management fee sensitivity to markets4Counterparty and financial institution stress5Reputation and compliance risk6
Vaikutus on riskin vakavuus ja todennäköisyys sen toteutumisen todennäköisyys lähivuosina, molemmat arvioitu yhtiön raporttien perusteella. Numerot vastaavat listaa.
  1. Interest rate riskVaikutus: KorkeaTodennäköisyys: Kohtalainen

    Loan yields and deposit costs reprice differently, affecting net interest income and economic value.

    Kohdistuu: Net interest income and securities portfolio

  2. Deposit competition and funding pressureVaikutus: KorkeaTodennäköisyys: Kohtalainen

    The bank competes for local deposits against larger banks, credit unions, and fintechs.

    Kohdistuu: Core funding base

  3. Credit losses in commercial real estate and office loansVaikutus: Korkea

    Concentrated CRE exposures can produce charge-offs when property cash flows weaken.

    Kohdistuu: Commercial loan portfolio

  4. Wealth management fee sensitivity to marketsVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    AUA and fee income can decline when asset values fall or client activity slows.

    Kohdistuu: Wealth management revenues

  5. Counterparty and financial institution stressVaikutus: KeskitasoTodennäköisyys: Kohtalainen

    Funding and transaction relationships can be affected by stress at other financial institutions.

    KohdistuuDepositsBorrowingsCounterparties
  6. Reputation and compliance riskVaikutus: KeskitasoTodennäköisyys: Matala

    A community bank and trust business depends on customer confidence and regulatory trust.

    Kohdistuu: Customer retention and franchise value

Kysy Clarifolta: Washington Trust Bancorp, Inc

Kirjanpito

Harkinnanvaraiset erät
Allowance for credit losses (ACL)

Management estimates expected losses on loans, which can materially affect provisions and capital.

Vaikutus: Loan loss expense and reserve levels

Fair value of available-for-sale securities

Interest rate changes alter unrealized gains and losses in equity.

Vaikutus: Accumulated other comprehensive income and capital ratios

Goodwill and intangible impairment

Acquisition-related assets must be tested for recoverability and can be written down.

Vaikutus: Earnings and book value

Wealth management AUA versus assets

Client assets under administration generate fees but are not consolidated assets.

Vaikutus: Fee income analysis and business scale assessment

Mortgage banking and derivative income timing

Origination, sale, and hedging activity can shift revenue between quarters.

Vaikutus: Noninterest income volatility

Samankaltaisia listattuja yhtiöitä

Julkisesti listattuja yhtiöitä, joilla on samankaltainen liiketoiminta.

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Päivitetty: 24.9.2026