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Washington Trust Bancorp WASH Banking — Outsourced services

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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 wash:OutsourcedServices.

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 — outsourced services?
Washington Trust Bancorp (WASH) reported banking — outsourced services of $3.6M in Q1 2026.
How has Washington Trust Bancorp's banking — outsourced services changed year-over-year?
Washington Trust Bancorp's banking — outsourced services increased by 10.2% year-over-year, from $3.27M to $3.6M.
What is the long-term trend for Washington Trust Bancorp's banking — outsourced services?
Over 3 years (2022 to 2025), Washington Trust Bancorp's banking — outsourced services has grown at a 9.5% compound annual growth rate (CAGR), from $10.33M to $13.55M.
What does banking — outsourced services mean?
This represents the costs associated with third-party vendors and external service providers utilized by the banking segment to support its operations. It reflects the segment's reliance on external partnerships for technology, processing, or administrative functions.