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Washington Trust Bancorp WASH Banking — Provision for Credit Losses

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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: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 banking — provision for credit losses?
Washington Trust Bancorp (WASH) reported banking — provision for credit losses of $4M in Q1 2026.
How has Washington Trust Bancorp's banking — provision for credit losses changed year-over-year?
Washington Trust Bancorp's banking — 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 banking — provision for credit losses?
Over 3 years (2022 to 2025), Washington Trust Bancorp's banking — provision for credit losses has grown at a 92.0% compound annual growth rate (CAGR), from -$1.3M to $9.2M.
What does banking — provision for credit losses mean?
This represents the expense set aside by the banking segment to cover potential losses from loan defaults or uncollectible receivables. It reflects management's assessment of credit risk within the loan portfolio and the overall economic environment.