Filing Flows › Washington Trust Bancorp (WASH) › Q4 2025
Washington Trust Bancorp (WASH) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 24, 2026
Washington Trust Bancorp (WASH) reported revenue of $59.3M for the fourth quarter 2025 (Q4 2025) and +5% from the quarter before. Operating margin was 34.9%, net earnings $16.0M (27.0% of revenue).
Washington Trust Bancorp, Q4 2025: revenue $59.3M, operating margin 34.9%, net earnings $16.0M, operating cash flow $20.9M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $59.3M | +5% | — |
| Operating profit | $20.7M | +48% | — |
| Net earnings | $16.0M | +47% | — |
| Operating cash flow | $20.9M | -47% | — |
| Free cash flow | $19.7M | -50% | — |
What changed
Revenue was $59.3M in Q4 2025, up 5% from the previous quarter. Wealth management revenues was the largest line at 18% of revenue.
Operating profit was $20.7M, a 34.9% margin. Net earnings were $16.0M. The effective tax rate was 22.7%.
Operating cash flow was $20.9M, 131% of net earnings. Non-cash charges added back $832K of depreciation and amortization and $540K of share-based compensation. Working capital and other items added $3.6M. Capital expenditures of $1.2M left free cash flow of $19.7M.
Questions
What was Washington Trust Bancorp's revenue in the fourth quarter 2025?
Washington Trust Bancorp (WASH) reported revenue of $59.3M for the fourth quarter 2025 (Q4 2025) and +5% from the quarter before.
Was Washington Trust Bancorp profitable in the fourth quarter 2025?
Operating profit was $20.7M (34.9% of revenue) and net earnings $16.0M.