Washington Trust Bancorp WASH Banking — Depreciation expense

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Questions, answered.

What is Washington Trust Bancorp's banking — depreciation expense?

Washington Trust Bancorp (WASH) reported banking — depreciation expense of $736K in Q1 2026.

How has Washington Trust Bancorp's banking — depreciation expense changed year-over-year?

Washington Trust Bancorp's banking — depreciation expense decreased by 8.9% year-over-year, from $808K to $736K.

What is the long-term trend for Washington Trust Bancorp's banking — depreciation expense?

Over 4 years (2021 to 2025), Washington Trust Bancorp's banking — depreciation expense has grown at a 2.5% compound annual growth rate (CAGR), from $2.83M to $3.13M.

What does banking — depreciation expense mean?

This metric represents the systematic allocation of the cost of tangible long-lived assets over their estimated useful lives within the banking segment. It reflects the non-cash consumption of capital assets used to generate banking revenue. A consistent or rising trend may indicate ongoing investment in infrastructure, while a decline could suggest aging assets or reduced capital expenditure.