Compared to Estimates, Washington Trust (WASH) Q2 Earnings: A Look at Key Metrics

Core Insights - Washington Trust Bancorp (WASH) reported revenue of $54.26 million for the quarter ended June 2025, marking a year-over-year increase of 12.5% and exceeding the Zacks Consensus Estimate of $53.92 million by 0.64% [1] - The company's earnings per share (EPS) for the same period was $0.68, compared to $0.63 a year ago, resulting in an EPS surprise of 7.94% [1] Financial Metrics - Net Interest Margin was reported at 2.4%, slightly above the average estimate of 2.3% based on two analysts [4] - The Efficiency Ratio stood at 67.3%, compared to the average estimate of 67.5% from two analysts [4] - Total noninterest income reached $17.08 million, surpassing the average estimate of $16.21 million based on two analysts [4] - Net Interest Income was reported at $37.19 million, which was below the average estimate of $37.72 million from two analysts [4] Stock Performance - Over the past month, shares of Washington Trust have returned +8.5%, outperforming the Zacks S&P 500 composite's +5.4% change [3] - The stock currently holds a Zacks Rank 3 (Hold), indicating expected performance in line with the broader market in the near term [3]