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Washington Trust Bancorp WASH Wealth Management Services — Salaries and employee benefits
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Where this comes from
Reported directly by Washington Trust Bancorp in its filing.
Tagged under the XBRL concept us-gaap:LaborAndRelatedExpense.
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 |
|---|---|---|---|---|---|---|
| Net interest income after provision for credit losses | 40,203 | 36,585 | — | — | 40,203 | 36,585 |
| Noninterest income | 7,250 | 6,720 | 11,412 | 10,358 | 18,662 | 17,078 |
| 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 |
Item 1. Financial Statements (Unaudited)
FAQ
- What is Washington Trust Bancorp's wealth management services — salaries and employee benefits?
- Washington Trust Bancorp (WASH) reported wealth management services — salaries and employee benefits of $5.56M in Q2 2026.
- How has Washington Trust Bancorp's wealth management services — salaries and employee benefits changed year-over-year?
- Washington Trust Bancorp's wealth management services — salaries and employee benefits decreased by 0.5% year-over-year, from $5.59M to $5.56M.
- What is the long-term trend for Washington Trust Bancorp's wealth management services — salaries and employee benefits?
- Over 3 years (2022 to 2025), Washington Trust Bancorp's wealth management services — salaries and employee benefits has grown at a 0.8% compound annual growth rate (CAGR), from $21.78M to $22.28M.
- What does wealth management services — salaries and employee benefits mean?
- The total compensation costs, including wages, bonuses, and benefits, for personnel dedicated to the wealth management segment. As wealth management is a human-capital-intensive business, this metric tracks the primary operating expense. It is essential for evaluating the segment's operating leverage and talent investment.
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