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Washington Trust Bancorp WASH Wealth Management Services — Legal, audit and professional fees
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:ProfessionalFees.
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 |
|---|---|---|---|---|---|---|
| Outsourced services | 3,587 | 3,374 | 679 | 1,030 | 4,266 | 4,404 |
| Net occupancy | 2,511 | 2,393 | 224 | 269 | 2,735 | 2,662 |
| Equipment | 830 | 855 | 57 | 75 | 887 | 930 |
| Legal, audit and professional fees | 578 | 525 | 246 | 201 | 824 | 726 |
| FDIC deposit insurance costs | 952 | 1,235 | — | — | 952 | 1,235 |
| Advertising and promotion | 653 | 601 | 118 | 116 | 771 | 717 |
| Amortization of intangibles | — | — | 156 | 203 | 156 | 203 |
| Other expenses | 2,139 | 2,095 | 555 | 533 | 2,694 | 2,628 |
Item 1. Financial Statements (Unaudited)
FAQ
- 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 $246K in Q2 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 22.4% year-over-year, from $201K to $246K.
- 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.
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