Washington Trust Bancorp jumps after Q4 results

Washington Trust Bancorp

29/01/2026 16:41

** Shares of lender Washington Trust Bancorp WASH.O rise 8% to $32.64

** Late Wednesday, co posts Q4 net income of $15.97 million, compared with a loss of $60.79 million a year ago

** Rhode Island-based bank's Q4 net income rose significantly, driven by margin expansion and deposit growth

** Reports Q4 net interest income of $40.75 million, compared with $32.94 million a year ago

** Brokerage Piper Sandler upgrades WASH to "neutral" from "underweight"; raises PT to $32 from $28

** One of four analysts rate stock "buy" and 3 "hold"; their median PT is $31.50 - data compiled by LSEG

** WASH fell 5.6% in 2025

(Reporting by Pragyan Kalita in Bengaluru)

((Pragyan.Kalita@thomsonreuters.com;))