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Washington Trust Bancorp WASH Allowance for credit losses

Allowance for credit losses at other companies

CTB
Community Trust BancorpCTBI
$61.32M+7.7%
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Bank of AmericaBAC
$13.15B-0.8%
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Citizens Financial GroupCFG
$1.96B-2.8%
Eagle Bancorp logo
Eagle BancorpEGBN
$147.16M+13.7%
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Ameris BancorpABCB
$354.68M+2.6%
Shore Bancshares logo
Shore BancsharesSHBI
$58.48M+0.8%

Other financials

Income statement

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Revenue$57.8M-2.1%
Net income$12.6M+3.5%
EPS (diluted)$0.66+4.8%

Balance sheet

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Cash & equivalents$100.2M-16.7%
Total debt$38.7M0.0%
Total equity$546.8M+4.8%
Total assets$6.5B-1.9%

Cash flow

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Operating cash flow$16.1M+90.9%
CapEx$1.3M+1,384%
Free cash flow$14.8M+77.3%

Valuation

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Market cap$691.7M+33.7%
Enterprise value$630.24M+44.7%
P/E13.1×
P/S

Profitability

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Net margin23.1%
FCF margin37.2%

Returns & leverage

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Return on equity9.9%+7.3pp
Debt / equity0.1×0.0×

Where this comes from

Reported directly by Washington Trust Bancorp in its filing.

Tagged under the XBRL concept us-gaap:FinancingReceivableAllowanceForCreditLosses.

The official record: Washington Trust Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Washington Trust Bancorp's allowance for credit losses?
Washington Trust Bancorp (WASH) reported allowance for credit losses of $41.13M in Q1 2026.
How has Washington Trust Bancorp's allowance for credit losses changed year-over-year?
Washington Trust Bancorp's allowance for credit losses increased by 0.2% year-over-year, from $41.06M to $41.13M.
What is the long-term trend for Washington Trust Bancorp's allowance for credit losses?
Over 5 years (2020 to 2025), Washington Trust Bancorp's allowance for credit losses has grown at a -3.3% compound annual growth rate (CAGR), from $44.11M to $37.24M.
What does allowance for credit losses mean?
Reserve held against the loan portfolio for estimated future credit losses under the CECL methodology — a contra-asset reducing net loans.