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Washington Trust Bancorp WASH Provision for Credit Losses

Provision for Credit Losses at other companies

West Bancorporation logo
West BancorporationWTBA
$0
Eagle Bancorp logo
Eagle BancorpEGBN
$13.38M-49.0%
Ameris Bancorp logo
Ameris BancorpABCB
$16.55M-24.4%
QCR Holdings logo
QCR HoldingsQCRH
$2.45M-42.0%
Origin Bancorp logo
Origin BancorpOBK
$4.97M+44.2%
Shore Bancshares logo
Shore BancsharesSHBI
$1.7M-15.0%

Segments

By segment

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Banking$4M+233%
Wealth Management Services$0

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:ProvisionForLoanLeaseAndOtherLosses.

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 provision for credit losses?
Washington Trust Bancorp (WASH) reported provision for credit losses of $4M in Q1 2026.
How has Washington Trust Bancorp's provision for credit losses changed year-over-year?
Washington Trust Bancorp's provision for credit losses increased by 233.3% year-over-year, from $1.2M to $4M.
What is the long-term trend for Washington Trust Bancorp's provision for credit losses?
Over 4 years (2021 to 2025), Washington Trust Bancorp's provision for credit losses has grown at a 17.5% compound annual growth rate (CAGR), from -$4.82M to $9.2M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.