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Washington Trust Bancorp WASH Wealth Management Services — Legal, audit and professional fees

Other segment segments

Banking
$662K+25.6%

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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:ProfessionalFees.

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 — legal, audit and professional fees?
Washington Trust Bancorp (WASH) reported wealth management services — legal, audit and professional fees of $274K in Q1 2026.
How has Washington Trust Bancorp's wealth management services — legal, audit and professional fees changed year-over-year?
Washington Trust Bancorp's wealth management services — legal, audit and professional fees increased by 22.9% year-over-year, from $223K to $274K.
What is the long-term trend for Washington Trust Bancorp's wealth management services — legal, audit and professional fees?
Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — legal, audit and professional fees has grown at a -5.4% compound annual growth rate (CAGR), from $783K to $663K.
What does wealth management services — legal, audit and professional fees mean?
This metric captures the costs incurred by the wealth management segment for external legal counsel, independent audits, and specialized consulting services. These expenses are essential for maintaining regulatory compliance, ensuring financial transparency, and supporting strategic advisory initiatives within the wealth management business.