Washington Trust Bancorp (WASH) Rent Expense (2010 - 2026)
Washington Trust Bancorp (WASH) recorded quarterly Rent Expense of $2.9 million in Q1 2026, up 9.39% quarter-over-quarter from $2.6 million in Q4 2025, and up 5.44% on a YoY basis from $2.7 million in Q1 2025.
Washington Trust Bancorp (WASH) Rent Expense (2010 - 2026) Analysis & Trends
Washington Trust Bancorp's Rent Expense history runs 17 years deep, the most recent figure standing at $2.9 million for Q1 2026.
- In Q1 2026, Rent Expense rose 5.44% year-over-year to $2.9 million; the TTM figure through Mar 2026 stood at $10.9 million (up 9.23% YoY), while the FY2025 annual figure was $10.7 million, up 9.72% from the prior year.
- Rent Expense was $2.9 million for Q1 2026 at Washington Trust Bancorp, up from $2.6 million in the prior quarter.
- In the past five years, Rent Expense ranged from a high of $2.9 million in Q1 2026 to a low of $2.2 million in Q2 2022.
- Historically, Rent Expense has averaged $2.5 million across 5 years, with a median of $2.4 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Rent Expense climbed 12.73% in 2022, then slipped 0.91% in 2023.
- A 5-year view of Rent Expense shows it stood at $2.4 million in 2022, then retreated by 0.91% to $2.4 million in 2023, then climbed by 1.34% to $2.4 million in 2024, then rose by 8.81% to $2.6 million in 2025, then advanced by 9.39% to $2.9 million in 2026.
- The last three Rent Expense figures came in at $2.9 million (Q1 2026), $2.6 million (Q4 2025), and $2.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Rental Exp. (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | - |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | - |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 634,000.00 |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 1.45 Mn |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | - |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | - |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Washington Trust Bancorp | 682.55 Mn | 640.37 Mn | - | 2.89 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.89 Mn |
| Mar 31, 2026 | 2.89 Mn |
| Dec 31, 2025 | 2.64 Mn |
| Dec 31, 2025 | 2.64 Mn |
| Sep 30, 2025 | 2.69 Mn |
| Sep 30, 2025 | 2.69 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Jun 30, 2025 | 2.66 Mn |
| Mar 31, 2025 | 2.74 Mn |
| Mar 31, 2025 | 2.74 Mn |
| Dec 31, 2024 | 2.43 Mn |
| Dec 31, 2024 | 2.43 Mn |
| Sep 30, 2024 | 2.40 Mn |
| Sep 30, 2024 | 2.40 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Jun 30, 2024 | 2.40 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Mar 31, 2024 | 2.56 Mn |
| Dec 31, 2023 | 2.40 Mn |
| Dec 31, 2023 | 2.40 Mn |