Washington Trust Bancorp, Inc. Overview
Pro stress-test →Washington Trust Bancorp is the parent company of The Washington Trust Company, recognized as the oldest community bank in the United States founded in 1800, operating from Westerly, Rhode Island with offices across Rhode Island, Connecticut, and Massachusetts. The company operates through two segments: Commercial Banking and Wealth Management Services.
Strategic Profile
Pro stress-test →Washington Trust is expanding its commercial banking capabilities through a dedicated institutional banking team based in Wellesley, Massachusetts, serving independent schools, colleges, universities, healthcare providers, and cultural institutions. The company reported strong full-year 2025 results with net income of $52.2M ($2.71 diluted), recovering from a FY2024 net loss of $28.1M.
Competitive Landscape
Pro stress-test →Washington Trust competes as a regional community bank serving Rhode Island, Connecticut, and Massachusetts markets. The bank differentiates through its 225-year heritage, integrated wealth management services, and localized commercial banking, competing against larger regional banks and national institutions in its footprint.
Industry Context
Washington Trust Bancorp, Inc. operates in Community Banking & Financial Services.
Key facts
Founded: 1800 · Headquarters: Westerly, Rhode Island · Revenue: $59.25M · Market cap: $641.46M