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Washington Trust Bancorp WASH Wealth Management Services — Expenditures for long-lived assets
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:SegmentExpenditureAdditionToLongLivedAssets.
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 |
|---|---|---|---|---|---|---|
| Total noninterest expenses | 31,000 | 28,512 | 7,597 | 8,018 | 38,597 | 36,530 |
| Income before income taxes | 16,453 | 14,793 | 3,815 | 2,340 | 20,268 | 17,133 |
| Income tax expense | 3,426 | 3,283 | 861 | 605 | 4,287 | 3,888 |
| Net income | $13,027 | $11,510 | $2,954 | $1,735 | $15,981 | $13,245 |
| Supplemental Information: | ||||||
| Total assets at period end | $6,484,406 | $6,683,840 | $63,498 | $61,327 | $6,547,904 | $6,745,167 |
| Expenditures for long-lived assets | 1,060 | 388 | 25 | 13 | 1,085 | 401 |
| Depreciation expense (1) | 745 | 790 | 70 | 86 | 815 | 876 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — expenditures for long-lived assets?
- Washington Trust Bancorp (WASH) reported wealth management services — expenditures for long-lived assets of $25K in Q2 2026.
- How has Washington Trust Bancorp's wealth management services — expenditures for long-lived assets changed year-over-year?
- Washington Trust Bancorp's wealth management services — expenditures for long-lived assets increased by 92.3% year-over-year, from $13K to $25K.
- What is the long-term trend for Washington Trust Bancorp's wealth management services — expenditures for long-lived assets?
- Over 4 years (2021 to 2025), Washington Trust Bancorp's wealth management services — expenditures for long-lived assets has grown at a -32.7% compound annual growth rate (CAGR), from $244K to $50K.
- What does wealth management services — expenditures for long-lived assets mean?
- The total cash outflows used to acquire or upgrade long-term physical or intangible assets within the wealth management business segment. This metric reflects the company's commitment to investing in infrastructure, technology, or facilities necessary to support wealth advisory operations. Monitoring this helps investors gauge the capital intensity and growth strategy of the segment.
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