Washington Trust Bancorp, Inc. (WASH) Monday reported net income of $12.18 million or $0.63 per share for the first quarter, compared with $10.92 million or $0.64 per share in the same quarter a year ago.
Excluding one-time items, earnings increased to $11.76 million or $0.61 per share from $9.36 million or $0.55 per share in the prior year.
Net interest income was $36.42 million, up from $31.67 million in the previous year.
Provision for credit losses increased to $1.2 million from $700,000 last year.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.