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Washington Trust Bancorp WASH Wealth Management Services — Outsourced services

Other segment segments

Banking
$3.6M+10.2%

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$1.69M+38.5%

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 wash:OutsourcedServices.

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 — outsourced services?
Washington Trust Bancorp (WASH) reported wealth management services — outsourced services of $784K in Q1 2026.
How has Washington Trust Bancorp's wealth management services — outsourced services changed year-over-year?
Washington Trust Bancorp's wealth management services — outsourced services decreased by 27.5% year-over-year, from $1.08M to $784K.
What is the long-term trend for Washington Trust Bancorp's wealth management services — outsourced services?
Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — outsourced services has grown at a -0.2% compound annual growth rate (CAGR), from $3.4M to $3.39M.
What does wealth management services — outsourced services mean?
Expenses related to third-party services contracted to support the wealth management segment's operations, such as technology platforms or specialized administrative support. This metric highlights the segment's reliance on external vendors versus internal capabilities. It is a key component of the segment's noninterest expense structure.