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Washington Trust Bancorp WASH Occupancy and equipment

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Segments

By segment

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Banking$2.51M+4.9%
Wealth Management Services$224K-16.7%

Other financials

Income statement

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Revenue$60.5M+11.4%
Net income$16.0M+20.7%
EPS (diluted)$0.83+22.1%

Balance sheet

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Cash & equivalents$127.4M-24.0%
Total debt$37.9M-1.0%
Total equity$553.5M+4.9%
Total assets$6.5B-2.9%

Cash flow

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Operating cash flow$23.1M+104%
CapEx$1.1M+171%
Free cash flow$22.0M+101%

Valuation

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Market cap$741.04M+40.2%
Enterprise value$651.58M+63.3%
P/E13.4×
P/S3.2×

Profitability

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Net margin23.7%
FCF margin41%

Returns & leverage

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Return on equity10.2%+7.7pp
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:OccupancyNet.

The source filing: Washington Trust Bancorp’s 10-Q, filed August 6, 2026.

Filed
Aug 6, 2026, 10:23 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000737468-26-000114
Periods ended June 30,Three Months / 2026Three Months / 2025Six Months / 2026Six Months / 2025
Noninterest expense:
Salaries and employee benefits25,31223,02549,65245,447
Outsourced services4,2664,4048,6498,750
Net occupancy2,7352,6625,6255,403
Equipment8879301,7901,821
Legal, audit, and professional fees8247261,7601,476
FDIC deposit insurance costs9521,2351,8872,497
Advertising and promotion7717171,3181,127

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's occupancy and equipment?
Washington Trust Bancorp (WASH) reported occupancy and equipment of $2.74M in Q2 2026.
How has Washington Trust Bancorp's occupancy and equipment changed year-over-year?
Washington Trust Bancorp's occupancy and equipment increased by 2.7% year-over-year, from $2.66M to $2.74M.
What is the long-term trend for Washington Trust Bancorp's occupancy and equipment?
Over 4 years (2021 to 2025), Washington Trust Bancorp's occupancy and equipment has grown at a 6.2% compound annual growth rate (CAGR), from $8.45M to $10.74M.
What does occupancy and equipment mean?
Costs for office and branch facilities (rent, utilities, maintenance) and equipment (depreciation, repairs, technology hardware) used in operations.

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