Washington Trust Bancorp (WASH) Interest Coverage Ratio (2010 - 2026)
Washington Trust Bancorp (WASH) posted quarterly Interest Coverage Ratio of 1.16 for Q1 2026, up 2.31% year-over-year from 1.13 in Q1 2025, and up 3.44% quarter-over-quarter from 1.12 in Q4 2025.
Washington Trust Bancorp (WASH) Interest Coverage Ratio (2010 - 2026) Analysis & Trends
Washington Trust Bancorp (WASH) has reported Interest Coverage Ratio for 17 consecutive years, with 1.16 the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Coverage Ratio rose 2.31% year-over-year to 1.16; the TTM figure through Mar 2026 stood at 5.55 (up 61.02% YoY), while the FY2025 annual figure was 1.39, up 68.97% from the prior year.
- Interest Coverage Ratio advanced to 1.16 in Q1 2026 per WASH's latest filing, from 1.12 in the prior quarter.
- Across five years, Interest Coverage Ratio topped out at 6.6 in Q2 2022 and bottomed at 0.5 in Q4 2022.
- Historically, Interest Coverage Ratio has averaged 1.52 across 5 years, with a median of 1.16 in 2026.
- Annual changes were most pronounced in 2022 — Interest Coverage Ratio plunged 106.21% — and 2023, when it surged 315.93%.
- Washington Trust Bancorp's Interest Coverage Ratio stood at 0.5 in 2022, then soared by 315.93% to 1.08 in 2023, then tumbled by 42.16% to 0.62 in 2024, then surged by 79.56% to 1.12 in 2025, then increased by 3.44% to 1.16 in 2026.
- Business Quant data shows WASH's Interest Coverage Ratio at 1.16 in Q1 2026, 1.12 in Q4 2025, and 1.13 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.89 Bn | 84.69 Bn | - | - |
| 2 | Pnc Financial Services | 97.65 Bn | 97.65 Bn | - | 2.00 |
| 3 | Us Bancorp | 95.97 Bn | 95.97 Bn | - | 1.84 |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.78 Bn | -144.31 Bn | - | 0.27 |
| 6 | Deutsche Bank Aktiengesellschaft | 72.01 Bn | -81.30 Bn | - | 1.49 |
| 7 | Nu Holdings | 71.04 Bn | 57.36 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.56 Bn | 61.56 Bn | - | 1.77 |
| 9 | Fifth Third Bancorp | 49.63 Bn | 25.91 Bn | - | 1.90 |
| 10 | Washington Trust Bancorp | 752.27 Mn | 702.35 Mn | - | 1.61 |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.20 |
| Mar 31, 2026 | 1.16 |
| Dec 31, 2025 | 1.12 |
| Sep 30, 2025 | 1.13 |
| Jun 30, 2025 | 1.15 |
| Mar 31, 2025 | 1.13 |
| Dec 31, 2024 | 0.62 |
| Sep 30, 2024 | 1.25 |
| Jun 30, 2024 | 1.25 |
| Mar 31, 2024 | 1.25 |
| Dec 31, 2023 | 1.08 |
| Sep 30, 2023 | 1.07 |
| Jun 30, 2023 | 1.34 |
| Mar 31, 2023 | 1.51 |
| Dec 31, 2022 | -0.50 |
| Sep 30, 2022 | 3.38 |
| Jun 30, 2022 | 6.60 |
| Mar 31, 2022 | 1.28 |
| Dec 31, 2021 | 8.05 |
| Sep 30, 2021 | 5.39 |