Washington Trust Bancorp (WASH) Mortgage Banking (2015 - 2026)
Washington Trust Bancorp (WASH) posted quarterly Mortgage Banking of $3.0 million for Q1 2026, up 32.16% year-over-year from $2.3 million in Q1 2025, and down 6.31% quarter-over-quarter from $3.2 million in Q4 2025.
Washington Trust Bancorp (WASH) Mortgage Banking (2015 - 2026) Analysis & Trends
Washington Trust Bancorp (WASH) has reported Mortgage Banking for 12 consecutive years, with $3.0 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Mortgage Banking rose 32.16% year-over-year to $3.0 million; the TTM figure through Mar 2026 stood at $12.8 million (up 19.03% YoY), while the FY2025 annual figure was $12.1 million, up 10.09% from the prior year.
- Mortgage Banking declined to $3.0 million in Q1 2026 per WASH's latest filing, from $3.2 million in the prior quarter.
- Across five years, Mortgage Banking topped out at $3.5 million in Q1 2022 and bottomed at $1.1 million in Q4 2022.
- Historically, Mortgage Banking has averaged $2.4 million across 5 years, with a median of $2.5 million in 2024.
- Annual changes were most pronounced in 2022 — Mortgage Banking slumped 74.54% — and 2024, when it jumped 101.29%.
- Washington Trust Bancorp's Mortgage Banking stood at $1.1 million in 2022, then jumped by 40.89% to $1.6 million in 2023, then surged by 83.27% to $2.8 million in 2024, then advanced by 14.12% to $3.2 million in 2025, then decreased by 6.31% to $3.0 million in 2026.
- Business Quant data shows WASH's Mortgage Banking at $3.0 million in Q1 2026, $3.2 million in Q4 2025, and $3.5 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - |
| 3 | Us Bancorp | 96.39 Bn | 96.39 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 | - |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - |
| 10 | Washington Trust Bancorp | 759.46 Mn | 709.55 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 3.47 Mn |
| Mar 31, 2026 | 3.05 Mn |
| Dec 31, 2025 | 3.25 Mn |
| Sep 30, 2025 | 3.50 Mn |
| Jun 30, 2025 | 3.03 Mn |
| Mar 31, 2025 | 2.30 Mn |
| Dec 31, 2024 | 2.85 Mn |
| Sep 30, 2024 | 2.87 Mn |
| Jun 30, 2024 | 2.76 Mn |
| Mar 31, 2024 | 2.51 Mn |
| Dec 31, 2023 | 1.55 Mn |
| Sep 30, 2023 | 2.11 Mn |
| Jun 30, 2023 | 1.75 Mn |
| Mar 31, 2023 | 1.25 Mn |
| Dec 31, 2022 | 1.10 Mn |
| Sep 30, 2022 | 2.05 Mn |
| Jun 30, 2022 | 2.08 Mn |
| Mar 31, 2022 | 3.50 Mn |
| Dec 31, 2021 | 4.33 Mn |
| Sep 30, 2021 | 6.37 Mn |