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Washington Trust Bancorp, Inc.: Business Overview, Financials & Competitive Analysis

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 R...

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What's in This Report
Washington Trust Bancorp, Inc. OverviewStrategic ProfileCompetitive LandscapeIndustry ContextKey facts
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7/ 10Solid

Cyborg Score thesis

Historic community bank with strong 2025 recovery, regional expansion underway, attractive valuation at 12.48x...

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Industry Community Banking & Financial Services
3 named competitors
4 recent developments
11 analyst dimensions
Synthesized from analyst-debate stress-testing across 11 dimensions and hundreds of data points. Methodology →
Cyborg Score recalibrated: June 15, 2026
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Washington Trust Bancorp, Inc. Overview

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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

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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

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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

What the analysts stress-tested

The top findings that survived the multi-agent debate for Washington Trust Bancorp, Inc..

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Recent developments

Material events tracked by the AskCyborg corpus.

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Named competitors

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Commercial Banking and Wealth ManagementRegional banking competitor with broader footprintCommunity Banking ServicesSimilar-sized New England community bankDeposit and Lending ServicesRegional competitor in Northeast banking market

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Industry context

Washington Trust Bancorp, Inc. operates in Community Banking & Financial Services. See how the rest of the sector scores on the Cyborg framework.

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Frequently asked questions

What does Washington Trust Bancorp, Inc. do?+
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 R...
What is Washington Trust Bancorp, Inc.'s Cyborg Score?+
Washington Trust Bancorp, Inc. has a Cyborg Score of 7/10 (Solid). The score synthesizes business model, financials, leadership, competitive position, technology, marketing, and ESG dimensions across hundreds of data points.
Who are Washington Trust Bancorp, Inc.'s main competitors?+
Named competitors include Commercial Banking and Wealth Management, Community Banking Services, Deposit and Lending Services. The full competitive landscape is in the AskCyborg report.
How can I get the full Washington Trust Bancorp, Inc. research report?+
Get the report plus analyst-debate audio at askcyborg.com -- no credit card required for preview access. Pro adds saved-company audio playlists and monitoring.
How current is the Washington Trust Bancorp, Inc. research?+
The Cyborg Score is recalibrated weekly. Recent developments are tracked continuously and surfaced in every report.

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