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Washington Trust Bancorp WASH Wealth Management Services — Equipment
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:EquipmentExpense.
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 |
|---|---|---|---|---|---|---|
| Salaries and employee benefits | 19,750 | 17,434 | 5,562 | 5,591 | 25,312 | 23,025 |
| Outsourced services | 3,587 | 3,374 | 679 | 1,030 | 4,266 | 4,404 |
| Net occupancy | 2,511 | 2,393 | 224 | 269 | 2,735 | 2,662 |
| Equipment | 830 | 855 | 57 | 75 | 887 | 930 |
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — equipment?
- Washington Trust Bancorp (WASH) reported wealth management services — equipment of $57K in Q2 2026.
- How has Washington Trust Bancorp's wealth management services — equipment changed year-over-year?
- Washington Trust Bancorp's wealth management services — equipment decreased by 24.0% year-over-year, from $75K to $57K.
- What is the long-term trend for Washington Trust Bancorp's wealth management services — equipment?
- Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — equipment has grown at a -15.3% compound annual growth rate (CAGR), from $473K to $287K.
- What does wealth management services — equipment mean?
- Costs related to the purchase, lease, and maintenance of hardware, software, and other equipment necessary for the wealth management segment's operations. This reflects the segment's investment in technology and infrastructure to support service delivery. Monitoring this helps assess the segment's ongoing capital and maintenance requirements.
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