Washington Trust Bancorp (WASH) Interest Expense - Debt (2010 - 2026)
Washington Trust Bancorp (WASH) posted Interest Expense - Debt of $5.5 million for Q2 2026, down 18.98% on a QoQ basis from $6.8 million in Q1 2026, and down 47.46% year-over-year from $10.5 million in Q2 2025.
Analysis
Washington Trust Bancorp (WASH) Interest Expense - Debt (2010 - 2026) Analysis & Trends
Washington Trust Bancorp has reported Interest Expense - Debt for 17 years, with the latest figure at $5.5 million in Q2 2026.
- On a quarterly basis, Interest Expense - Debt fell 47.46% year-over-year to $5.5 million in Q2 2026; TTM through Jun 2026 was $30.5 million, a 42.98% decrease from a year earlier, with the FY2025 full-year figure at $39.6 million, down 38.59% from the prior year.
- Interest Expense - Debt was $5.5 million for Q2 2026 at Washington Trust Bancorp, down from $6.8 million in the prior quarter.
- The five-year high for Interest Expense - Debt was $17.7 million in Q3 2024, with the low at $244000.0 in Q1 2022.
- Average Interest Expense - Debt over 5 years is $9.9 million, with a median of $10.7 million recorded in 2025.
- The sharpest annual moves came in 2022 and 2023: Interest Expense - Debt sank 82.32% in 2022, then jumped 4664.75% in 2023.
- Over 5 years, Interest Expense - Debt stood at $7.8 million in 2022, then jumped by 76.6% to $13.8 million in 2023, then increased by 4.16% to $14.4 million in 2024, then plunged by 46.51% to $7.7 million in 2025, then dropped by 28.65% to $5.5 million in 2026.
- The last three Interest Expense - Debt figures came in at $5.5 million (Q2 2026), $6.8 million (Q1 2026), and $7.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 485.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 228.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 170.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 18.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 156.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 52.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 155.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 314.00 Mn |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | 5.49 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.49 Mn |
| Mar 31, 2026 | 6.78 Mn |
| Dec 31, 2025 | 7.70 Mn |
| Sep 30, 2025 | 10.54 Mn |
| Jun 30, 2025 | 10.45 Mn |
| Mar 31, 2025 | 10.95 Mn |
| Dec 31, 2024 | 14.39 Mn |
| Sep 30, 2024 | 17.72 Mn |
| Jun 30, 2024 | 17.30 Mn |
| Mar 31, 2024 | 15.14 Mn |
| Dec 31, 2023 | 13.81 Mn |
| Sep 30, 2023 | 12.50 Mn |
| Jun 30, 2023 | 11.65 Mn |
| Mar 31, 2023 | 11.63 Mn |
| Dec 31, 2022 | 7.82 Mn |
| Sep 30, 2022 | 3.23 Mn |
| Jun 30, 2022 | 413,000.00 |
| Mar 31, 2022 | 244,000.00 |
| Dec 31, 2021 | 547,000.00 |
| Sep 30, 2021 | 872,000.00 |