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Washington Trust Bancorp WASH Banking — Equipment

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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:EquipmentExpense.

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 banking — equipment?
Washington Trust Bancorp (WASH) reported banking — equipment of $843K in Q1 2026.
How has Washington Trust Bancorp's banking — equipment changed year-over-year?
Washington Trust Bancorp's banking — equipment increased by 3.4% year-over-year, from $815K to $843K.
What is the long-term trend for Washington Trust Bancorp's banking — equipment?
Over 3 years (2022 to 2025), Washington Trust Bancorp's banking — equipment has grown at a -0.2% compound annual growth rate (CAGR), from $3.32M to $3.3M.
What does banking — equipment mean?
This represents the expenses related to the acquisition, maintenance, and depreciation of equipment necessary for banking operations, such as computer hardware and banking technology. It reflects the capital intensity and technological infrastructure requirements of the segment.