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Washington Trust Bancorp WASH Wealth Management Services — Income Tax

Other segment segments

Banking
$2.73M-18.3%

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$759K-0.1%

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:IncomeTaxExpenseBenefit.

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 — income tax?
Washington Trust Bancorp (WASH) reported wealth management services — income tax of $729K in Q1 2026.
How has Washington Trust Bancorp's wealth management services — income tax changed year-over-year?
Washington Trust Bancorp's wealth management services — income tax increased by 409.8% year-over-year, from $143K to $729K.
What is the long-term trend for Washington Trust Bancorp's wealth management services — income tax?
Over 4 years (2021 to 2025), Washington Trust Bancorp's wealth management services — income tax has grown at a -3.3% compound annual growth rate (CAGR), from $2.74M to $2.4M.
What does wealth management services — income tax mean?
This metric reflects the portion of the wealth management segment's earnings allocated to income tax payments. It is used to assess the effective tax burden on the segment's operational profits.