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Washington Trust Bancorp WASH Wealth Management Services — Other Expenses

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$2.14M+2.1%

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Other financials

Income statement

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Revenue$60.5M+11.4%
Net income$16.0M+20.7%
EPS (diluted)$0.83+22.1%

Balance sheet

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Cash & equivalents$127.4M-24.0%
Total debt$37.9M-1.0%
Total equity$553.5M+4.9%
Total assets$6.5B-2.9%

Cash flow

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Operating cash flow$23.1M+104%
CapEx$1.1M+171%
Free cash flow$22.0M+101%

Valuation

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Market cap$741.04M+40.2%
Enterprise value$651.58M+63.3%
P/E13.4×
P/S3.2×

Profitability

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Net margin23.7%
FCF margin41%

Returns & leverage

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Return on equity10.2%+7.7pp
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:OtherExpenses.

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 / 2026Banking / 2025Wealth Management Services / 2026Wealth Management Services / 2025Consolidated Total / 2026Consolidated Total / 2025
FDIC deposit insurance costs9521,2359521,235
Advertising and promotion653601118116771717
Amortization of intangibles156203156203
Other expenses2,1392,0955555332,6942,628
Total noninterest expenses31,00028,5127,5978,01838,59736,530
Income before income taxes16,45314,7933,8152,34020,26817,133
Income tax expense3,4263,2838616054,2873,888
Net income$13,027$11,510$2,954$1,735$15,981$13,245

Item 1. Financial Statements (Unaudited)

FAQ

What is Washington Trust Bancorp's wealth management services — other expenses?
Washington Trust Bancorp (WASH) reported wealth management services — other expenses of $555K in Q2 2026.
How has Washington Trust Bancorp's wealth management services — other expenses changed year-over-year?
Washington Trust Bancorp's wealth management services — other expenses increased by 4.1% year-over-year, from $533K to $555K.
What is the long-term trend for Washington Trust Bancorp's wealth management services — other expenses?
Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — other expenses has grown at a 13.1% compound annual growth rate (CAGR), from $2.57M to $3.72M.
What does wealth management services — other expenses mean?
This category aggregates miscellaneous operating costs within the wealth management segment that do not fall under standard line items like personnel or occupancy. Monitoring these expenses is critical for identifying operational overhead and potential cost-saving opportunities.

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