Washington Trust Bancorp (WASH) Operating Expenses (2010 - 2026)
Washington Trust Bancorp (WASH) posted Operating Expenses of $38.6 million for Q2 2026, up 2.2% on a QoQ basis from $37.8 million in Q1 2026, and up 5.66% year-over-year from $36.5 million in Q2 2025.
Analysis
Washington Trust Bancorp (WASH) Operating Expenses (2010 - 2026) Analysis & Trends
Washington Trust Bancorp has reported Operating Expenses for 17 years, with the latest figure at $38.6 million in Q2 2026.
- On a quarterly basis, Operating Expenses rose 5.66% year-over-year to $38.6 million in Q2 2026; TTM through Jun 2026 was $150.1 million, a 1.73% increase from a year earlier, with the FY2025 full-year figure at $152.4 million, up 11.21% from the prior year.
- Operating Expenses was $38.6 million for Q2 2026 at Washington Trust Bancorp, up from $37.8 million in the prior quarter.
- The five-year high for Operating Expenses was $42.2 million in Q1 2025, with the low at $31.1 million in Q2 2022.
- Average Operating Expenses over 5 years is $34.9 million, with a median of $34.3 million recorded in 2024.
- The sharpest annual moves came in 2025 and 2026: Operating Expenses increased 22.79% in 2025, then decreased 10.5% in 2026.
- Over 5 years, Operating Expenses stood at $33.4 million in 2022, then dropped by 2.31% to $32.6 million in 2023, then advanced by 5.23% to $34.3 million in 2024, then rose by 10.76% to $38.0 million in 2025, then rose by 1.62% to $38.6 million in 2026.
- The last three Operating Expenses figures came in at $38.6 million (Q2 2026), $37.8 million (Q1 2026), and $38.0 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -259.95 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 3.06 Bn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 2.11 Bn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 1.35 Bn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 1.81 Bn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 1.39 Bn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 1.12 Bn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 1.22 Bn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 1.55 Bn |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | 38.60 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 38.60 Mn |
| Mar 31, 2026 | 37.77 Mn |
| Dec 31, 2025 | 37.98 Mn |
| Sep 30, 2025 | 35.73 Mn |
| Jun 30, 2025 | 36.53 Mn |
| Mar 31, 2025 | 42.20 Mn |
| Dec 31, 2024 | 34.29 Mn |
| Sep 30, 2024 | 34.50 Mn |
| Jun 30, 2024 | 33.91 Mn |
| Mar 31, 2024 | 34.36 Mn |
| Dec 31, 2023 | 32.59 Mn |
| Sep 30, 2023 | 34.39 Mn |
| Jun 30, 2023 | 33.02 Mn |
| Mar 31, 2023 | 33.56 Mn |
| Dec 31, 2022 | 33.36 Mn |
| Sep 30, 2022 | 33.07 Mn |
| Jun 30, 2022 | 31.08 Mn |
| Mar 31, 2022 | 31.22 Mn |
| Dec 31, 2021 | 35.22 Mn |
| Sep 30, 2021 | 32.52 Mn |