Washington Trust Bancorp (WASH) Tax Provisions (2010 - 2026)
Washington Trust Bancorp (WASH) posted Tax Provisions of $4.3 million for Q2 2026, up 23.79% on a QoQ basis from $3.5 million in Q1 2026, and up 10.26% year-over-year from $3.9 million in Q2 2025.
Analysis
Washington Trust Bancorp (WASH) Tax Provisions (2010 - 2026) Analysis & Trends
Washington Trust Bancorp has reported Tax Provisions for 17 years, with the latest figure at $4.3 million in Q2 2026.
- On a quarterly basis, Tax Provisions rose 10.26% year-over-year to $4.3 million in Q2 2026; TTM through Jun 2026 was $15.5 million, a 268.37% increase from a year earlier, with the FY2025 full-year figure at $15.2 million, up 240.99% from the prior year.
- Tax Provisions was $4.3 million for Q2 2026 at Washington Trust Bancorp, up from $3.5 million in the prior quarter.
- The five-year high for Tax Provisions was $5.3 million in Q2 2022, with the low at -$19.5 million in Q4 2024.
- Average Tax Provisions over 5 years is $2.2 million, with a median of $3.4 million recorded in 2023.
- The sharpest annual moves came in 2024 and 2025: Tax Provisions slumped 2413.82% in 2024, then jumped 124.12% in 2025.
- Over 5 years, 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 surged by 124.12% to $4.7 million in 2025, then decreased by 8.67% to $4.3 million in 2026.
- The last three Tax Provisions figures came in at $4.3 million (Q2 2026), $3.5 million (Q1 2026), and $4.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Banco Santander Chile | 424.88 Bn | 544.83 Bn | - | -51.13 Bn |
| 2 | Truist Financial | 59.29 Bn | 59.29 Bn | - | 262.00 Mn |
| 3 | Fifth Third Bancorp | 47.98 Bn | 24.26 Bn | - | 235.00 Mn |
| 4 | M&T Bank | 32.82 Bn | 32.82 Bn | - | 245.00 Mn |
| 5 | Huntington Bancshares | 32.08 Bn | 27.60 Bn | - | 165.00 Mn |
| 6 | Citizens Financial | 28.34 Bn | 28.34 Bn | - | 168.00 Mn |
| 7 | Regions Financial | 24.27 Bn | 24.34 Bn | - | 148.00 Mn |
| 8 | Keycorp | 22.19 Bn | -25.51 Bn | - | 139.00 Mn |
| 9 | First Citizens Bancshares | 21.93 Bn | 21.41 Bn | 29.00 Mn | 219.00 Mn |
| 10 | Washington Trust Bancorp | 749.67 Mn | 699.75 Mn | - | 4.29 Mn |
Historic Data
Download Data
Historic 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 |