Washington Trust Bancorp (WASH) Interest Expense - Deposits (2010 - 2026)
Washington Trust Bancorp (WASH) posted Interest Expense - Deposits of $27.6 million for Q2 2026, up 0.72% on a QoQ basis from $27.4 million in Q1 2026, and down 10.68% year-over-year from $30.9 million in Q2 2025.
Analysis
Washington Trust Bancorp (WASH) Interest Expense - Deposits (2010 - 2026) Analysis & Trends
Washington Trust Bancorp has reported Interest Expense - Deposits for 17 years, with the latest figure at $27.6 million in Q2 2026.
- On a quarterly basis, Interest Expense - Deposits fell 10.68% year-over-year to $27.6 million in Q2 2026; TTM through Jun 2026 was $116.2 million, a 13.24% decrease from a year earlier, with the FY2025 full-year figure at $123.9 million, down 15.2% from the prior year.
- Interest Expense - Deposits was $27.6 million for Q2 2026 at Washington Trust Bancorp, up from $27.4 million in the prior quarter.
- The five-year high for Interest Expense - Deposits was $38.0 million in Q1 2024, with the low at $3.1 million in Q1 2022.
- Average Interest Expense - Deposits over 5 years is $26.2 million, with a median of $30.5 million recorded in 2025.
- The sharpest annual moves came in 2023 and 2025: Interest Expense - Deposits soared 649.53% in 2023, then retreated 16.56% in 2025.
- Over 5 years, Interest Expense - Deposits stood at $12.3 million in 2022, then surged by 201.33% to $37.1 million in 2023, then fell by 7.91% to $34.1 million in 2024, then fell by 11.94% to $30.1 million in 2025, then decreased by 8.29% to $27.6 million in 2026.
- The last three Interest Expense - Deposits figures came in at $27.6 million (Q2 2026), $27.4 million (Q1 2026), and $30.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense - Deposits (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | - |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 1.58 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 891.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 104.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.05 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 747.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 385.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 600.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 881.00 Mn |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | 27.57 Mn |
Historic Data
Download Data
Historic 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 |