WASHINGTON TRUST BANCORP INC
Close on Oct 19, 2026
- Market cap
- $702.67M
- P/E (TTM)
- 12.7
- Dividend yield
- 6.12%
About Washington Trust Bancorp
State Commercial Banks, SIC 6022
Washington Trust Bancorp, Inc. is a financial holding company and the parent organization of The Washington Trust Company. Through its operating banking and wealth management subsidiaries, the corporation provides commercial banking, mortgage banking, personal banking, and wealth management and trust services. Its offerings include commercial and industrial lending, commercial real estate financing, residential mortgages, home equity credit, deposit accounts, cash management, financial planning, and estate administration. The company serves individual consumers, businesses, non-profit entities, and municipalities.
The corporation operates primarily in southern New England, with lending and wealth management activities extending to other states. Its branch banking network comprises 28 offices, consisting of 27 locations across Rhode Island—with 10 branches in southern Rhode Island and 17 in the greater Providence area—and one branch in southeastern Connecticut. In addition, wealth management offices operate in Westerly, Narragansett, and Providence, Rhode Island, as well as Wellesley, Massachusetts, and New Haven, Connecticut. The company maintains its corporate headquarters and main office in Westerly, Rhode Island.
Summary of the business section of Washington Trust Bancorp's latest annual report, written by StockData.
Company profile
Company
- Legal name
- WASHINGTON TRUST BANCORP INC
- Founded
- 1800
- Headquarters
- Westerly, RI
- Address
- 23 Broad St 02891
- Phone
- (401) 348-1200
- Employees
- 642, Dec 31, 2025
- Industry
- State Commercial Banks
- Incorporated in
- Rhode Island
- Fiscal year ends
- December 31
- Auditor
- Crowe LLP, Franklin, TN
Stock & identifiers
- Ticker
- WASH
- Exchange
- Nasdaq
- IPO date
- Jun 8, 1987
- Shares outstanding
- 19M, Jul 31, 2026
- Public float
- $539.53M, Jun 30, 2025
- Filer category
- Accelerated filer
- Stock splits
- 3-for-2, Aug 4, 1998; 3-for-2, Nov 20, 1997; 3-for-2, Oct 16, 1996; 3-for-2, Sep 1, 1994
- SEC CIK
- 737468
- CUSIP
- 940610108
- ISIN
- US9406101082
- LEI
- J66MZFCNJPP3PERHZW54
- EIN
- 05-0404671
Executives and directors
Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years
| Name | Position | Shares owned |
|---|---|---|
| Edward O. Handy III | Chairman and CEO, Director | 86,545 |
| Rolando A. Lora | EVP Ch Ret Len Off Dir Com Len | 11,292 |
| Ronald S. Ohsberg | SEVP, CFO and Treasurer | 29,705 |
| James Cannon Brown | SEVP, Chief Comm'l Banking Off | 37,280 |
| Maria N. Janes | EVP, CAO and Controller | 19,018 |
| Mary E. Noons | President and COO | 32,484 |
| Kristen L. DiSanto | SEVP, CHRO and Corp Secr | 30,698 |
| William K. Wray Sr. | SEVP and Chief Risk Officer | 19,898 |
| Dennis L. Algiere | EVP Ch Comp Off/Dir Com Affair | 19,750 |
| Kathleen A. Ryan | EVP and Chief Wealth Mgmt | 21,489 |
| Michelle L. Kile | EVP and Chief Retail Banking | 7,145 |
| Anthony A. Botelho | EVP and Chief Lending Officer | 4,022 |
| Jeffrey Mark Wilhelm | Director | 1,260 |
| Mark K. W. Gim | Director | 39,383 |
| Robert A. DiMuccio | Director | 25,709 |
| Edwin J. Santos | Director | 10,310 |
| John T. Ruggieri | Director | 9,077 |
| Sandra Parrillo | Director | 7,400 |
| Lisa M. Stanton | Director | 6,458 |
| Joseph P. Gencarella | Director | 6,256 |
| Angel Taveras | Director | 3,980 |
| Debra M. Paul | Director | 3,880 |
| Constance A. Howes | Director | 8,790 |
CEO pay and shareholder return
Pay versus performance table from the proxy statement
| Fiscal year | CEO total pay | CEO pay actually paid | Other executives (avg) | Value of $100 invested | Peer group |
|---|---|---|---|---|---|
| FY2025 Mr. Handy | $1.86M | $1.95M | $808.78K | $68 | $142 |
| FY2024 Mr. Handy | $1.71M | $1.54M | $739.23K | $87 | $148 |
| FY2023 Mr. Handy | $1.48M | $506.04K | $818.95K | $75 | $107 |
| FY2022 Mr. Handy | $1.90M | $1.23M | $773.44K | $101 | $111 |
| FY2021 Mr. Handy | $1.84M | $2.30M | $919.99K | $115 | $132 |
| FY2020 Mr. Handy | $1.65M | $1.61M | $860.27K | $88 | $93 |
“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.
Employees
Headcount reported in annual reports
“Washington Trust had 642 full-time equivalent employees at December 31, 2025.”
Corporate history
Events identified from SEC filings
| Date | Event | Details |
|---|---|---|
| Dec 21, 2018 | Auditor change | Change in certifying accountant (8-K Item 4.01) |
| Aug 21, 2006 | Listing | Registration of securities on an exchange (Form 8-A) |
| Apr 17, 2002 | Deregistration | Termination of SEC registration (Form 15) |
| Jan 3, 2002 | Merger | Registration of securities for a merger or exchange offer (S-4) |
| Apr 28, 1999 | Merger | Registration of securities for a merger or exchange offer (S-4) |