Washington Trust Bancorp (WASH) Operating Expenses (2010 - 2026)
Washington Trust Bancorp (WASH) posted quarterly Operating Expenses of $37.8 million for Q1 2026, down 10.5% year-over-year from $42.2 million in Q1 2025, and down 0.57% quarter-over-quarter from $38.0 million in Q4 2025.
Washington Trust Bancorp (WASH) Operating Expenses (2010 - 2026) Analysis & Trends
Washington Trust Bancorp (WASH) has reported Operating Expenses for 17 consecutive years, with $37.8 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses fell 10.5% year-over-year to $37.8 million; the TTM figure through Mar 2026 stood at $148.0 million (up 2.14% YoY), while the FY2025 annual figure was $152.4 million, up 11.21% from the prior year.
- Operating Expenses declined to $37.8 million in Q1 2026 per WASH's latest filing, from $38.0 million in the prior quarter.
- Across five years, Operating Expenses topped out at $42.2 million in Q1 2025 and bottomed at $31.1 million in Q2 2022.
- Historically, Operating Expenses has averaged $34.7 million across 5 years, with a median of $34.3 million in 2024.
- Annual changes were most pronounced in 2025 — Operating Expenses climbed 22.79% — and 2026, when it fell 10.5%.
- Washington Trust Bancorp's Operating Expenses stood at $33.4 million in 2022, then decreased by 2.31% to $32.6 million in 2023, then rose by 5.23% to $34.3 million in 2024, then grew by 10.76% to $38.0 million in 2025, then retreated by 0.57% to $37.8 million in 2026.
- Business Quant data shows WASH's Operating Expenses at $37.8 million in Q1 2026, $38.0 million in Q4 2025, and $35.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 121.12 Bn | 84.92 Bn | - | - |
| 2 | Pnc Financial Services | 97.87 Bn | 97.87 Bn | - | 4.10 Bn |
| 3 | Us Bancorp | 96.18 Bn | 96.18 Bn | - | 4.43 Bn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -3.83 Bn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -2.79 Bn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.10 Bn | -81.21 Bn | - | 2.60 Bn |
| 7 | Nu Holdings | 70.83 Bn | 57.14 Bn | 2.35 Bn | -599.79 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 3.06 Bn |
| 9 | Fifth Third Bancorp | 49.61 Bn | 25.89 Bn | - | 2.11 Bn |
| 10 | Washington Trust Bancorp | 753.12 Mn | 703.21 Mn | - | 38.60 Mn |
Historic Data
Download 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 |