Washington Trust Bancorp (WASH) Tax Provisions (2010 - 2026)
Washington Trust Bancorp (WASH) posted quarterly Tax Provisions of $3.5 million for Q1 2026, down 0.77% year-over-year from $3.5 million in Q1 2025, and down 26.22% quarter-over-quarter from $4.7 million in Q4 2025.
Washington Trust Bancorp (WASH) Tax Provisions (2010 - 2026) Analysis & Trends
Washington Trust Bancorp (WASH) has reported Tax Provisions for 17 consecutive years, with $3.5 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Tax Provisions fell 0.77% year-over-year to $3.5 million; the TTM figure through Mar 2026 stood at $15.1 million (up 249.95% YoY), while the FY2025 annual figure was $15.2 million, up 240.99% from the prior year.
- Tax Provisions declined to $3.5 million in Q1 2026 per WASH's latest filing, from $4.7 million in the prior quarter.
- Across five years, Tax Provisions topped out at $5.3 million in Q2 2022 and bottomed at -$19.5 million in Q4 2024.
- Historically, Tax Provisions has averaged $2.1 million across 5 years, with a median of $3.3 million in 2023.
- Annual changes were most pronounced in 2024 — Tax Provisions slumped 2413.82% — and 2025, when it surged 124.12%.
- Washington Trust Bancorp's Tax Provisions stood at $4.4 million in 2022, then plunged by 117.6% to -$774000.0 in 2023, then plunged by 2413.82% to -$19.5 million in 2024, then soared by 124.12% to $4.7 million in 2025, then fell by 26.22% to $3.5 million in 2026.
- Business Quant data shows WASH's Tax Provisions at $3.5 million in Q1 2026, $4.7 million in Q4 2025, and $3.1 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.66 Bn | 84.46 Bn | - | - |
| 2 | Pnc Financial Services | 97.86 Bn | 97.86 Bn | - | 531.00 Mn |
| 3 | Us Bancorp | 96.39 Bn | 96.39 Bn | - | 537.00 Mn |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | -939.17 Mn |
| 5 | NatWest | 74.92 Bn | -144.17 Bn | - | -821.11 Mn |
| 6 | Deutsche Bank Aktiengesellschaft | 72.22 Bn | -81.10 Bn | - | 1.12 Bn |
| 7 | Nu Holdings | 70.34 Bn | 56.66 Bn | 2.35 Bn | -175.22 Mn |
| 8 | Truist Financial | 61.75 Bn | 61.75 Bn | - | 262.00 Mn |
| 9 | Fifth Third Bancorp | 49.88 Bn | 26.16 Bn | - | 235.00 Mn |
| 10 | Washington Trust Bancorp | 759.46 Mn | 709.55 Mn | - | 4.29 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 4.29 Mn |
| Mar 31, 2026 | 3.46 Mn |
| Dec 31, 2025 | 4.69 Mn |
| Sep 30, 2025 | 3.10 Mn |
| Jun 30, 2025 | 3.89 Mn |
| Mar 31, 2025 | 3.49 Mn |
| Dec 31, 2024 | -19.46 Mn |
| Sep 30, 2024 | 2.85 Mn |
| Jun 30, 2024 | 3.02 Mn |
| Mar 31, 2024 | 2.83 Mn |
| Dec 31, 2023 | -774,000.00 |
| Sep 30, 2023 | 2.93 Mn |
| Jun 30, 2023 | 2.85 Mn |
| Mar 31, 2023 | 3.30 Mn |
| Dec 31, 2022 | 4.40 Mn |
| Sep 30, 2022 | 5.31 Mn |
| Jun 30, 2022 | 5.33 Mn |
| Mar 31, 2022 | 4.45 Mn |
| Dec 31, 2021 | 5.46 Mn |
| Sep 30, 2021 | 5.32 Mn |