What does banking — amortization of intangibles mean?

This metric represents the non-cash expense related to the systematic write-down of intangible assets, such as core deposit premiums or customer relationships, acquired through business combinations. It reflects the allocation of the cost of these assets over their estimated useful lives.

Washington Trust Bancorp (WASH) Banking — Amortization of intangibles

Screener

Other segment segments

Wealth Management Services

$156K-23.2%

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Other financials

Income statement

See full

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+39.0%

Enterprise value$651.58M+61.7%

P/E13.4×—

P/S3.2×—

Profitability

See full

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:AmortizationOfIntangibleAssets.

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

(Dollars in thousands) / Three months ended June 30,	Banking / 2026	Banking / 2025	Wealth Management Services / 2026	Wealth Management Services / 2025	Consolidated Total / 2026	Consolidated Total / 2025
Legal, audit and professional fees	578	525	246	201	824	726
FDIC deposit insurance costs	952	1,235	—	—	952	1,235
Advertising and promotion	653	601	118	116	771	717
Amortization of intangibles	—	—	156	203	156	203
Other expenses	2,139	2,095	555	533	2,694	2,628
Total noninterest expenses	31,000	28,512	7,597	8,018	38,597	36,530
Income before income taxes	16,453	14,793	3,815	2,340	20,268	17,133
Income tax expense	3,426	3,283	861	605	4,287	3,888

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's banking — amortization of intangibles?: Washington Trust Bancorp (WASH) reported banking — amortization of intangibles of $0 in Q2 2026.
What does banking — amortization of intangibles mean?: This metric represents the non-cash expense related to the systematic write-down of intangible assets, such as core deposit premiums or customer relationships, acquired through business combinations. It reflects the allocation of the cost of these assets over their estimated useful lives.