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Washington Trust Bancorp WASH Depreciation Nonproduction

Depreciation Nonproduction at other companies

Western New England Bancorp logo
Western New England BancorpWNEB
$513K-5.7%
International Bancshares logo
International BancsharesIBOC
$6.23M+13.5%
Capital Bancorp logo
Capital BancorpCBNK
$765K+148%

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$734.74M+39.0%
Enterprise value$645.28M+61.7%
P/E13.3×
P/S3.1×

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:DepreciationNonproduction.

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
Six months ended June 30,20262025
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for credit losses5,6001,800
Gain on sale of bank-owned properties, net(6,994)
Depreciation of premises and equipment1,6221,770
Net amortization of premiums and discounts on debt securities and loans243364
Amortization of intangibles311407
Amortization of terminated cash flow hedge loss2,8454,255
Pension plan settlement charge6,436

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's depreciation nonproduction?
Washington Trust Bancorp (WASH) reported depreciation nonproduction of $815K in Q2 2026.
How has Washington Trust Bancorp's depreciation nonproduction changed year-over-year?
Washington Trust Bancorp's depreciation nonproduction decreased by 7.0% year-over-year, from $876K to $815K.
What is the long-term trend for Washington Trust Bancorp's depreciation nonproduction?
Over 4 years (2021 to 2025), Washington Trust Bancorp's depreciation nonproduction has grown at a 0.3% compound annual growth rate (CAGR), from $3.41M to $3.46M.
What does depreciation nonproduction mean?
This represents the non-cash expense recognized for the wear and tear of physical premises, furniture, and equipment used in banking operations. It reflects the systematic allocation of the cost of tangible assets over their useful lives, excluding production-related assets. Investors use this to understand the capital intensity of the bank's physical infrastructure.

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