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Washington Trust Bancorp WASH Wealth Management Services — Provision for Credit Losses

Other segment segments

Banking
$4M+233%

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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:ProvisionForLoanLeaseAndOtherLosses.

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 — provision for credit losses?
Washington Trust Bancorp (WASH) reported wealth management services — provision for credit losses of $0 in Q1 2026.
What does wealth management services — provision for credit losses mean?
An expense set aside to cover potential future losses from loans or credit-related assets within the wealth management segment. This reflects management's assessment of credit risk and the quality of the segment's lending portfolio. A higher provision indicates increased perceived risk or growth in the loan book.