Washington Trust faces securities fraud probe after Q1 earnings miss and stock drop.

Washington Trust Bancorp reported Q1 2026 earnings and revenue below expectations due to a rise in non-accrual commercial loans, causing its stock to drop nearly 17%. Following this, Pomerantz LLP launched an investigation into potential securities fraud or unlawful practices by the company and its officers. Investors affected are encouraged to contact the law firm for possible class action participation. This legal scrutiny could impact the company’s reputation and stock performance going forward.