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Washington Trust Bancorp WASH Wealth Management Services — Net occupancy
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:OccupancyNet.
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 |
|---|---|---|---|---|---|---|
| Noninterest expenses: | ||||||
| Salaries and employee benefits | 19,750 | 17,434 | 5,562 | 5,591 | 25,312 | 23,025 |
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — net occupancy?
- Washington Trust Bancorp (WASH) reported wealth management services — net occupancy of $224K in Q2 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 16.7% year-over-year, from $269K to $224K.
- 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.
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