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Washington Trust Bancorp WASH Wealth Management Services — Income Tax
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:IncomeTaxExpenseBenefit.
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 |
|---|---|---|---|---|---|---|
| Other expenses | 2,139 | 2,095 | 555 | 533 | 2,694 | 2,628 |
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — income tax?
- Washington Trust Bancorp (WASH) reported wealth management services — income tax of $861K in Q2 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 42.3% year-over-year, from $605K to $861K.
- 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.
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