Washington Trust Bancorp (WASH) AGM 2026 summary

Opening remarks and agenda

• Meeting held virtually with all attendees in listen-only mode; Q&A scheduled after business portion.

• Introduction of executive officers and board members, including recognition of retiring director and welcome to new board member.

Board and executive committee updates

• Connie Howes recognized for eight years of service across multiple board committees and leadership roles.

• Jeffrey Wilhelm officially joins the board and audit committee, bringing expertise in technology and AI.

Financial performance review

• Strategic investments in 2025 included enhancing wealth management, acquiring Lighthouse Financial Management, and expanding commercial banking leadership.

• Wealth management and mortgage banking revenues increased; in-market deposits grew; balance sheet improved.

• Full-year net income of $52.2 million marked improvement from 2024.

• First quarter 2026 earnings showed improved net interest margin and earnings, but cautious credit environment persists.