Washington Trust Bancorp (WASH) Interest Expense - Deposits (2010 - 2026)
Washington Trust Bancorp (WASH) posted quarterly Interest Expense - Deposits of $27.4 million for Q1 2026, down 13.79% year-over-year from $31.7 million in Q1 2025, and down 8.95% quarter-over-quarter from $30.1 million in Q4 2025.
Washington Trust Bancorp (WASH) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
Washington Trust Bancorp (WASH) has reported Interest Expense - Deposits for 17 consecutive years, with $27.4 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Interest Expense - Deposits fell 13.79% year-over-year to $27.4 million; the TTM figure through Mar 2026 stood at $119.5 million (down 14.51% YoY), while the FY2025 annual figure was $123.9 million, down 15.2% from the prior year.
- Interest Expense - Deposits retreated to $27.4 million in Q1 2026 per WASH's latest filing, from $30.1 million in the prior quarter.
- Across five years, Interest Expense - Deposits topped out at $38.0 million in Q1 2024 and bottomed at $3.1 million in Q1 2022.
- Historically, Interest Expense - Deposits has averaged $26.1 million across 5 years, with a median of $30.9 million in 2025.
- Annual changes were most pronounced in 2023 — Interest Expense - Deposits jumped 649.53% — and 2025, when it declined 16.56%.
- Washington Trust Bancorp's Interest Expense - Deposits stood at $12.3 million in 2022, then soared by 201.33% to $37.1 million in 2023, then dropped by 7.91% to $34.1 million in 2024, then dropped by 11.94% to $30.1 million in 2025, then dropped by 8.95% to $27.4 million in 2026.
- Business Quant data shows WASH's Interest Expense - Deposits at $27.4 million in Q1 2026, $30.1 million in Q4 2025, and $31.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 1.68 Bn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 2.33 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | - |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | - |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 1.58 Bn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 891.00 Mn |
| 10 | Washington Trust Bancorp | 759.46 Mn | 709.55 Mn | - | 27.57 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.57 Mn |
| Mar 31, 2026 | 27.37 Mn |
| Dec 31, 2025 | 30.06 Mn |
| Sep 30, 2025 | 31.22 Mn |
| Jun 30, 2025 | 30.86 Mn |
| Mar 31, 2025 | 31.75 Mn |
| Dec 31, 2024 | 34.14 Mn |
| Sep 30, 2024 | 37.20 Mn |
| Jun 30, 2024 | 36.71 Mn |
| Mar 31, 2024 | 38.05 Mn |
| Dec 31, 2023 | 37.07 Mn |
| Sep 30, 2023 | 34.07 Mn |
| Jun 30, 2023 | 29.70 Mn |
| Mar 31, 2023 | 19.59 Mn |
| Dec 31, 2022 | 12.30 Mn |
| Sep 30, 2022 | 6.66 Mn |
| Jun 30, 2022 | 3.96 Mn |
| Mar 31, 2022 | 3.10 Mn |
| Dec 31, 2021 | 2.98 Mn |
| Sep 30, 2021 | 2.79 Mn |