Washington Trust Bancorp (WASH) Tax Rate (2010 - 2026)
Washington Trust Bancorp (WASH) recorded quarterly Tax Rate of 21.56% in Q1 2026, down 5.07% quarter-over-quarter from 22.71% in Q4 2025, and down 71.0% on a YoY basis from 74.34% in Q1 2025.
Washington Trust Bancorp (WASH) Tax Rate (2010 - 2026) Analysis & Trends
Washington Trust Bancorp's Tax Rate history runs 17 years deep, the most recent figure standing at 21.56% for Q1 2026.
- In Q1 2026, Tax Rate fell 71.0% year-over-year to 21.56%; the TTM figure through Mar 2026 stood at 22.33% (down 502.0% YoY), while the FY2025 annual figure was 22.5%, down 521.0% from the prior year.
- Tax Rate was 21.56% for Q1 2026 at Washington Trust Bancorp, down from 22.71% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 24.25% in Q4 2024 to a low of 6.36% in Q4 2023.
- Historically, Tax Rate has averaged 19.96% across 5 years, with a median of 21.25% in 2022.
- The sharpest annual moves came in 2023 and 2024: Tax Rate tumbled 2733 bps in 2023, then jumped 3060 bps in 2024.
- A 5-year view of Tax Rate shows it stood at 20.97% in 2022, then slumped by 130 bps to 6.36% in 2023, then jumped by 481 bps to 24.25% in 2024, then retreated by 6 bps to 22.71% in 2025, then dropped by 5 bps to 21.56% in 2026.
- The last three Tax Rate figures came in at 21.56% (Q1 2026), 22.71% (Q4 2025), and 22.21% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Bank Of Chile | 97,765.53 Bn | 97,765.53 Bn | - | -22.54% |
| 2 | Bank Bradesco | 6,846.93 Bn | 6,830.99 Bn | - | - |
| 3 | Lloyds Banking | 384.13 Bn | 384.40 Bn | - | -23.21% |
| 4 | First Capital | 215.78 Bn | 215.63 Bn | - | 19.21% |
| 5 | Itau Unibanco Holding | 202.78 Bn | 202.78 Bn | - | - |
| 6 | Landmark Bancorp | 180.37 Bn | 180.34 Bn | - | 19.83% |
| 7 | NatWest | 168.65 Bn | -51.67 Bn | - | -25.87% |
| 8 | Shinhan Financial | 136.54 Bn | 104.11 Bn | - | 25.76% |
| 9 | Mizuho Financial | 112.02 Bn | 112.56 Bn | - | - |
| 10 | Washington Trust Bancorp | 682.55 Mn | 640.37 Mn | - | 21.56% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 21.56% |
| Mar 31, 2026 | 21.56% |
| Dec 31, 2025 | 22.71% |
| Dec 31, 2025 | 22.71% |
| Sep 30, 2025 | 22.21% |
| Sep 30, 2025 | 22.21% |
| Jun 30, 2025 | 22.69% |
| Jun 30, 2025 | 22.69% |
| Mar 31, 2025 | 22.27% |
| Mar 31, 2025 | 22.27% |
| Dec 31, 2024 | 24.25% |
| Dec 31, 2024 | 24.25% |
| Sep 30, 2024 | 20.60% |
| Sep 30, 2024 | 20.60% |
| Jun 30, 2024 | 21.83% |
| Jun 30, 2024 | 21.83% |
| Mar 31, 2024 | 20.55% |
| Mar 31, 2024 | 20.55% |
| Dec 31, 2023 | -6.36% |
| Dec 31, 2023 | -6.36% |