Filing Flows › Washington Trust Bancorp (WASH) › Q3 2026
Washington Trust Bancorp (WASH) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Washington Trust Bancorp (WASH) reported revenue of $65.0M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +7% from the quarter before. Operating margin was 37.5%, net earnings $19.4M (29.8% of revenue).
Washington Trust Bancorp, Q3 2026: revenue $65.0M (+15% year over year), operating margin 37.5%, net earnings $19.4M, operating cash flow $23.0M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $65.0M | +7% | +15% |
| Operating profit | $24.4M | +20% | +75% |
| Net earnings | $19.4M | +21% | +79% |
| Operating cash flow | $23.0M | -0.3% | -42% |
| Free cash flow | $20.4M | -7% | -48% |
What changed
Revenue was $65.0M in Q3 2026, up 15% year over year and up 7% from the previous quarter. Wealth Management Revenues was the largest line at 17% of revenue. Wealth Management Revenues added $716K year over year (up 7%), 8% of the total change.
Operating profit was $24.4M, a 37.5% margin (up 12.8 points year over year). Of the extra revenue versus Q3 2025, 123% reached operating profit, above the 25% margin then. Total costs fell 5% while revenue rose 15%. Net earnings were $19.4M, up 79% year over year. The effective tax rate was 20.4%.
Operating cash flow was $23.0M (down 42% year over year), 119% of net earnings. Non-cash charges added back $818K of depreciation and amortization and $851K of share-based compensation. Working capital and other items added $2.0M. Capital expenditures of $2.7M left free cash flow of $20.4M.
Questions
What was Washington Trust Bancorp's revenue in the third quarter 2026?
Washington Trust Bancorp (WASH) reported revenue of $65.0M for the third quarter 2026 (Q3 2026), +15% from a year earlier and +7% from the quarter before.
Was Washington Trust Bancorp profitable in the third quarter 2026?
Operating profit was $24.4M (37.5% of revenue) and net earnings $19.4M.