Washington Trust Bancorp (WASH) Non Operating Interest Expenses (2010 - 2024)
Washington Trust Bancorp (WASH) posted Non Operating Interest Expenses of $55.3 million for Q3 2024, up 1.68% on a QoQ basis from $54.4 million in Q2 2024, and up 17.79% year-over-year from $47.0 million in Q4 2023.
Analysis
Washington Trust Bancorp (WASH) Non Operating Interest Expenses (2010 - 2024) Analysis & Trends
Washington Trust Bancorp has reported Non Operating Interest Expenses for 15 years, with the latest figure at $55.3 million in Q3 2024.
- On a quarterly basis, Non Operating Interest Expenses rose 17.79% year-over-year to $55.3 million in Q3 2024; TTM through Sep 2024 was $214.6 million, a 52.55% increase from a year earlier, with the FY2023 full-year figure at $171.6 million, up 345.9% from the prior year.
- Non Operating Interest Expenses was $55.3 million for Q3 2024 at Washington Trust Bancorp, up from $54.4 million in the prior quarter.
- The five-year high for Non Operating Interest Expenses was $55.3 million in Q3 2024, with the low at $3.4 million in Q1 2022.
- Average Non Operating Interest Expenses over 5 years is $22.8 million, with a median of $11.7 million recorded in 2020.
- The sharpest annual moves came in 2021 and 2023: Non Operating Interest Expenses plunged 65.25% in 2021, then jumped 824.46% in 2023.
- Over 5 years, Non Operating Interest Expenses stood at $7.1 million in 2020, then tumbled by 49.29% to $3.6 million in 2021, then surged by 464.68% to $20.4 million in 2022, then jumped by 151.2% to $51.3 million in 2023, then climbed by 7.86% to $55.3 million in 2024.
- The last three Non Operating Interest Expenses figures came in at $55.3 million (Q3 2024), $54.4 million (Q2 2024), and $53.6 million (Q1 2024), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non Operating Interest Expenses (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -467.75 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 224.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | - |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | - |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | - |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | - |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | - |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | - |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | - |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| 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 |
| Jun 30, 2021 | 4.05 Mn |
| Mar 31, 2021 | 5.14 Mn |
| Dec 31, 2020 | 7.13 Mn |
| Sep 30, 2020 | 9.18 Mn |
| Jun 30, 2020 | 11.67 Mn |
| Mar 31, 2020 | 14.51 Mn |
| Dec 31, 2019 | 15.39 Mn |