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Washington Trust Bancorp WASH Wealth Management Services — Net occupancy

Other segment segments

Banking
$2.66M+7.8%

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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:OccupancyNet.

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 — net occupancy?
Washington Trust Bancorp (WASH) reported wealth management services — net occupancy of $227K in Q1 2026.
How has Washington Trust Bancorp's wealth management services — net occupancy changed year-over-year?
Washington Trust Bancorp's wealth management services — net occupancy decreased by 15.9% year-over-year, from $270K to $227K.
What is the long-term trend for Washington Trust Bancorp's wealth management services — net occupancy?
Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — net occupancy has grown at a -13.0% compound annual growth rate (CAGR), from $1.43M to $943K.
What does wealth management services — net occupancy mean?
The net costs associated with maintaining physical office space and facilities used by the wealth management segment. This includes rent, utilities, and maintenance expenses for branch or office locations. It serves as a measure of the segment's fixed overhead and physical footprint efficiency.