Washington Trust Bancorp (WASH) Tax Rate (2010 - 2026)
Washington Trust Bancorp's quarterly Tax Rate came in at 21.56% in Q1 2026, down 71.0% year-on-year from 74.34% in Q1 2025, and down 5.07% quarter-over-quarter from 22.71% in Q4 2025.
Washington Trust Bancorp has reported Tax Rate for 17 years, with the latest figure at 21.56% in Q1 2026.
- For the quarter ending Q1 2026, Tax Rate fell 71.0% year-over-year to 21.56%; the trailing twelve-month figure through Mar 2026 stood at 22.33% (down 502.0% YoY), and the FY2025 full-year result was 22.5%, down 521.0% from the prior year.
- Tax Rate for Q1 2026 stood at 21.56%, down from 22.71% in the prior quarter.
- The five-year high for Tax Rate was 24.25% in Q4 2024, with the low at 6.36% in Q4 2023.
- Average Tax Rate over 5 years is 19.96%, with a median of 21.25% recorded in 2022.
- Year-over-year, Tax Rate tumbled 2733 bps in 2023 and soared 3060 bps in 2024.
- Tracing WASH's Tax Rate over 5 years: stood at 20.97% in 2022, then sank by 130 bps to 6.36% in 2023, then surged by 481 bps to 24.25% in 2024, then decreased by 6 bps to 22.71% in 2025, then declined 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 | 90,891.20 Bn | 90,891.20 Bn | - | - |
| 2 | Bank Bradesco | 6,807.69 Bn | 6,791.75 Bn | - | - |
| 3 | Lloyds Banking | 426.28 Bn | 426.28 Bn | - | - |
| 4 | NatWest | 184.56 Bn | 184.56 Bn | - | - |
| 5 | First Capital | 181.18 Bn | 181.03 Bn | - | 19.21 |
| 6 | Landmark Bancorp | 164.67 Bn | 164.64 Bn | - | 19.83 |
| 7 | Deutsche Bank Aktiengesellschaft | 161.63 Bn | -151,939.28 Bn | - | 28.76 |
| 8 | KB Financial | 150.02 Bn | 142.15 Bn | - | 0.05 |
| 9 | Pnc Financial Services | 88.79 Bn | 88.84 Bn | - | 18.98 |
| 10 | Washington Trust Bancorp | 610.96 Mn | 568.78 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 |
| Sep 30, 2023 | 20.77 |
| Sep 30, 2023 | 20.77 |
| Jun 30, 2023 | 20.22 |
| Jun 30, 2023 | 20.22 |
| Mar 31, 2023 | 20.48 |
| Mar 31, 2023 | 20.48 |
| Dec 31, 2022 | 20.97 |
| Dec 31, 2022 | 20.97 |
| Sep 30, 2022 | 22.15 |
| Sep 30, 2022 | 22.15 |
| Jun 30, 2022 | 21.09 |
| Jun 30, 2022 | 21.09 |
| Mar 31, 2022 | 21.25 |
| Mar 31, 2022 | 21.25 |
| Dec 31, 2021 | 21.29 |
| Dec 31, 2021 | 21.29 |
| Sep 30, 2021 | 22.10 |
| Sep 30, 2021 | 22.10 |
| Jun 30, 2021 | 21.83 |
| Jun 30, 2021 | 21.83 |
| Mar 31, 2021 | 21.66 |
| Mar 31, 2021 | 21.66 |
| Dec 31, 2020 | 22.90 |
| Dec 31, 2020 | 22.90 |
| Sep 30, 2020 | 21.88 |
| Sep 30, 2020 | 21.88 |
| Jun 30, 2020 | 20.86 |
| Jun 30, 2020 | 20.86 |
| Mar 31, 2020 | 20.87 |
| Mar 31, 2020 | 20.87 |
| Dec 31, 2019 | 21.76 |
| Dec 31, 2019 | 21.76 |
| Sep 30, 2019 | 21.77 |
| Sep 30, 2019 | 21.77 |
| Jun 30, 2019 | 21.25 |
| Jun 30, 2019 | 21.25 |
| Mar 31, 2019 | 21.68 |
| Mar 31, 2019 | 21.68 |
| Dec 31, 2018 | 20.98 |
| Dec 31, 2018 | 20.98 |
| Sep 30, 2018 | 21.31 |
| Sep 30, 2018 | 21.31 |
| Jun 30, 2018 | 21.15 |
| Jun 30, 2018 | 21.15 |
| Mar 31, 2018 | 20.79 |
| Mar 31, 2018 | 20.79 |
| Dec 31, 2017 | 62.25 |
| Dec 31, 2017 | 62.25 |
| Sep 30, 2017 | 32.80 |
| Sep 30, 2017 | 32.80 |
| Jun 30, 2017 | 33.01 |
| Jun 30, 2017 | 33.01 |
| Mar 31, 2017 | 32.69 |
| Mar 31, 2017 | 32.69 |
| Dec 31, 2016 | 32.56 |
| Dec 31, 2016 | 32.56 |
| Sep 30, 2016 | 32.23 |
| Sep 30, 2016 | 32.23 |
| Jun 30, 2016 | 31.79 |
| Jun 30, 2016 | 31.79 |
| Mar 31, 2016 | 33.40 |
| Mar 31, 2016 | 33.40 |
| Dec 31, 2015 | 33.23 |
| Dec 31, 2015 | 33.23 |
| Sep 30, 2015 | 32.72 |
| Sep 30, 2015 | 32.72 |
| Jun 30, 2015 | 31.89 |
| Jun 30, 2015 | 31.89 |
| Mar 31, 2015 | 32.00 |
| Mar 31, 2015 | 32.00 |
| Dec 31, 2014 | 31.80 |
| Dec 31, 2014 | 31.80 |
| Sep 30, 2014 | 31.64 |
| Sep 30, 2014 | 31.64 |
| Jun 30, 2014 | 31.89 |
| Jun 30, 2014 | 31.89 |
| Mar 31, 2014 | 31.70 |
| Mar 31, 2014 | 31.70 |
| Dec 31, 2013 | 31.03 |
| Dec 31, 2013 | 31.03 |
| Sep 30, 2013 | 31.50 |
| Sep 30, 2013 | 31.50 |
| Jun 30, 2013 | 31.42 |
| Jun 30, 2013 | 31.42 |
| Mar 31, 2013 | 31.60 |
| Mar 31, 2013 | 31.60 |
| Dec 31, 2012 | 30.75 |
| Dec 31, 2012 | 30.75 |
| Sep 30, 2012 | 30.29 |
| Sep 30, 2012 | 30.29 |
| Jun 30, 2012 | 31.70 |
| Jun 30, 2012 | 31.70 |
| Mar 31, 2012 | 31.50 |
| Mar 31, 2012 | 31.50 |
| Dec 31, 2011 | 29.73 |
| Dec 31, 2011 | 29.73 |
| Sep 30, 2011 | 30.50 |
| Sep 30, 2011 | 30.50 |
| Jun 30, 2011 | 30.50 |
| Jun 30, 2011 | 30.50 |
| Mar 31, 2011 | 30.50 |
| Mar 31, 2011 | 30.50 |
| Dec 31, 2010 | 30.43 |
| Dec 31, 2010 | 30.43 |
| Sep 30, 2010 | 30.65 |
| Sep 30, 2010 | 30.65 |
| Jun 30, 2010 | 29.44 |
| Jun 30, 2010 | 29.44 |