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Washington Trust Bancorp WASH Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment

Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment at other companies

John Wiley & Sons, Inc. logo
John Wiley & Sons, Inc.WLYB
$0
Washington Trust Bancorp logo
Washington Trust BancorpWASH
$0+100%
Federal Signal logo
Federal SignalFSS
$0+100%
Greif logo
GreifGEF
-$700K
Greene County Bancorp logo
Greene County BancorpGCBC
-$706K
Leggett & Platt logo
Leggett & PlattLEG
-$5.5M-3,043%

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:DefinedBenefitPlanRecognizedNetGainLossDueToSettlementsAndCurtailments1.

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 defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement and curtailment?
Washington Trust Bancorp (WASH) reported defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement and curtailment of $0 in Q1 2026.
How has Washington Trust Bancorp's defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement and curtailment changed year-over-year?
Washington Trust Bancorp's defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement and curtailment increased by 100.0% year-over-year, from -$6.44M to $0.
What does defined benefit plan, net periodic benefit cost (credit), gain (loss) due to settlement and curtailment mean?
The net financial impact resulting from settlements, curtailments, or actuarial adjustments related to the bank's defined benefit pension plans. This metric captures non-recurring accounting adjustments that can significantly impact net income in a given period. It reflects the volatility associated with long-term employee benefit obligations.