Washington Trust Bancorp (WASH) Interest Expenses (2010 - 2026)
Washington Trust Bancorp (WASH) posted Interest Expenses of $33.4 million for Q2 2026, down 3.17% on a QoQ basis from $34.5 million in Q1 2026, and down 19.91% year-over-year from $41.7 million in Q2 2025.
Analysis
Washington Trust Bancorp (WASH) Interest Expenses (2010 - 2026) Analysis & Trends
Washington Trust Bancorp has reported Interest Expenses for 17 years, with the latest figure at $33.4 million in Q2 2026.
- On a quarterly basis, Interest Expenses fell 19.91% year-over-year to $33.4 million in Q2 2026; TTM through Jun 2026 was $148.0 million, a 21.65% decrease from a year earlier, with the FY2025 full-year figure at $164.9 million, down 22.3% from the prior year.
- Interest Expenses was $33.4 million for Q2 2026 at Washington Trust Bancorp, down from $34.5 million in the prior quarter.
- The five-year high for Interest Expenses was $55.3 million in Q3 2024, with the low at $3.4 million in Q1 2022.
- Average Interest Expenses over 5 years is $36.4 million, with a median of $41.7 million recorded in 2023.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses plunged 32.92% in 2022, then jumped 824.46% in 2023.
- Over 5 years, Interest Expenses stood at $20.4 million in 2022, then jumped by 151.2% to $51.3 million in 2023, then retreated by 4.66% to $48.9 million in 2024, then declined by 22.11% to $38.1 million in 2025, then dropped by 12.4% to $33.4 million in 2026.
- The last three Interest Expenses figures came in at $33.4 million (Q2 2026), $34.5 million (Q1 2026), and $38.1 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 2.35 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 1.16 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 828.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.33 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 912.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 471.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 809.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.20 Bn |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | 33.37 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.37 Mn |
| Mar 31, 2026 | 34.46 Mn |
| Dec 31, 2025 | 38.09 Mn |
| Sep 30, 2025 | 42.11 Mn |
| Jun 30, 2025 | 41.66 Mn |
| Mar 31, 2025 | 43.04 Mn |
| Dec 31, 2024 | 48.90 Mn |
| Sep 30, 2024 | 55.32 Mn |
| Jun 30, 2024 | 54.41 Mn |
| Mar 31, 2024 | 53.59 Mn |
| Dec 31, 2023 | 51.29 Mn |
| Sep 30, 2023 | 46.97 Mn |
| Jun 30, 2023 | 41.73 Mn |
| Mar 31, 2023 | 31.57 Mn |
| Dec 31, 2022 | 20.42 Mn |
| Sep 30, 2022 | 10.10 Mn |
| Jun 30, 2022 | 4.51 Mn |
| Mar 31, 2022 | 3.45 Mn |
| Dec 31, 2021 | 3.62 Mn |
| Sep 30, 2021 | 3.75 Mn |