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Washington Trust Bancorp WASH Wealth Management Services — 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 wealth management services — equipment?
Washington Trust Bancorp (WASH) reported wealth management services — equipment of $60K in Q1 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 21.1% year-over-year, from $76K to $60K.
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.