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
DateValue
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%