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WASHWashington Trust Bancorp, Inc.

Debt to Assets Ratio: 9.87%

popular:market cap|pe ratio|revenue|price history|total return

Is the debt to assets ratio high or low?

The debt to assets ratio of 9.87% is 21% below its 5-year average of 12.50%, around the middle of its 5-year range (1.86%–22.32%).

As of Sunday, June 28, 2026. 21.08% below its 12-month average of 12.50%.

Debt/Equity|Total Debt|Total Assets|Interest Coverage|All Metrics
Debt to Assets

WASH Debt to Assets Ratio

9.87%

Reported quarterly debt to assets ratio; no daily interpolation.

+25.04% 5Y
WASH Debt to Assets Ratio

WASH Average Debt to Assets Ratio Chart

WASH Debt to Assets Ratio

WASH Current vs Average Debt to Assets Ratio Chart

WASH Debt to Assets Ratio Metrics

DEBT TO ASSETS RATIO

9.87%

DEBT TO ASSETS RATIO AVG TTM

12.50%

DEBT TO ASSETS RATIO AVG 3Y

15.54%

DEBT TO ASSETS RATIO AVG 5Y

12.50%

DEBT TO ASSETS RATIO AVG 10Y

15.77%

DEBT TO ASSETS RATIO AVG 15Y

14.79%

DEBT TO ASSETS RATIO AVG 20Y

17.10%

CURRENT VS TTM AVG

-21.08%

CURRENT VS 3Y AVG

-36.52%

CURRENT VS 5Y AVG

-21.05%

CURRENT VS 10Y AVG

-37.42%

CURRENT VS 15Y AVG

-33.30%

CURRENT VS 20Y AVG

-42.29%

WASH Competitors' Debt to Assets Ratio

NAMEMARKET CAPDEBT TO ASSETS RATIOTTM3Y5Y
Washington Trust Bancorp, Inc. (WASH)$703.33M9.87%12.50%15.54%12.50%
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs ›$632.36MN/AN/AN/AN/A
Lufax Holding Ltd (LU)vs ›$532.47M0.39%N/AN/AN/A
BlackRock Multi-Sector Income Trust (BIT)vs ›$529.65M0.29%N/AN/AN/A
HIVE Digital Technologies Ltd. (HIVE)vs ›$1.08B0.11%N/AN/AN/A
BlackRock Floating Rate Income Trust (BGT)vs ›$313.76M0.16%N/AN/AN/A
Isabella Bank Corporation (ISBA)vs ›$294.33M0.06%N/AN/AN/A
Franklin Universal Trust (FT)vs ›$202.31M0.22%N/AN/AN/A
The New Germany Fund, Inc. (GF)vs ›$186.66M0.12%N/AN/AN/A
DeFi Technologies Inc. (DEFT)vs ›$157.96M0.01%N/AN/AN/A

Leverage Ratios Comparison

Debt/Assets

9.9%

Debt/Equity

1.34

Current Ratio

0.01

Interest Coverage

0.4x

Formula: Debt/Assets = Total Debt / Total Assets × 100

Debt/Assets vs Debt/Equity:

  • Debt/Assets: Shows % of assets funded by creditors (bounded 0-100%)
  • Debt/Equity: Shows debt relative to shareholder investment (can exceed 100%)
  • Both measure leverage but from different perspectives

Industry context matters: Capital-intensive industries (utilities, real estate) typically have higher Debt/Assets ratios than tech companies.

Debt to Assets Ratio Formula & Definition

Debt/Assets ratio shows what percentage of a company's assets are financed by debt. Compare the current value with the historical chart and peer group to understand leverage over time.

Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute

Debt to Assets Ratio FAQ

What is the debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The debt to assets ratio for WASH stock is 9.87%.
Is Washington Trust Bancorp, Inc.'s debt to assets ratio high or low?
The debt to assets ratio of 9.87% is 21% below its 5-year average of 12.50%, around the middle of its 5-year range (1.86%–22.32%).
What is the TTM average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The TTM average debt to assets ratio for WASH stock is 12.50%.
What is the 3Y average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The 3Y average debt to assets ratio for WASH stock is 15.54%.
What is the 5Y average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The 5Y average debt to assets ratio for WASH stock is 12.50%.
What is the 10Y average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The 10Y average debt to assets ratio for WASH stock is 15.77%.
What is the 15Y average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The 15Y average debt to assets ratio for WASH stock is 14.79%.
What is the 20Y average debt to assets ratio for Washington Trust Bancorp, Inc. (WASH)?
The 20Y average debt to assets ratio for WASH stock is 17.10%.

WASH Debt to Assets Ratio History

DATEDEBT TO ASSETS RATIO
2026-03-319.87%
2025-12-3110.38%
2025-09-3012.69%
2025-06-3015.74%
2025-03-3113.84%
2024-12-3116.99%
2024-09-3018.94%
2024-06-3022.32%
2024-03-3117.86%
2023-12-3117.28%
2023-09-3016.33%
2023-06-3015.60%
2023-03-3114.23%
2022-12-3115.50%
2022-09-3011.75%
2022-06-306.37%
2022-03-311.86%
2021-12-313.36%
2021-09-304.58%
2021-06-307.89%
2021-03-319.10%
2020-12-3111.35%
2020-09-3014.95%
2020-06-3019.31%
2020-03-3122.23%
2019-12-3122.54%
2019-09-3019.41%
2019-06-3021.46%
2019-03-3121.51%
2018-12-3119.43%
2018-09-3017.84%
2018-06-3019.50%
2018-03-3118.21%
2017-12-3117.97%
2017-09-3018.72%
2017-06-3020.40%
2017-03-3118.72%
2016-12-3119.89%
2016-09-3016.51%
2016-06-3016.92%
2016-03-3113.28%
2015-12-3110.65%
2015-09-3011.00%
2015-06-3013.55%
2015-03-3111.34%
2014-12-3111.96%
2014-09-308.32%
2014-06-3010.39%
2014-03-317.08%
2013-12-319.75%
2013-09-309.96%
2013-06-3012.94%
2013-03-3112.27%
2012-12-3112.87%
2012-09-3014.79%
2012-06-3018.33%
2012-03-3117.79%
2011-12-3119.36%
2011-09-3018.46%
2011-06-3020.89%
2011-03-3118.11%
2010-12-3119.08%
2010-09-3018.40%
2010-06-3022.84%
2010-03-3121.81%
2009-12-3122.94%
2009-09-3023.90%
2009-06-3025.46%
2009-03-3126.37%
2008-12-3129.99%
2008-09-3029.30%
2008-06-3033.11%
2008-03-3127.44%
2007-12-3126.44%
2007-09-3023.08%
2007-06-3021.66%
2007-03-3121.07%
2006-12-3121.34%
2006-09-3020.88%
2006-06-3023.58%
2006-03-3124.04%
2005-12-3130.08%
2005-09-3025.36%
2005-06-3026.87%
2005-03-3127.43%
2004-12-3129.30%
2004-09-3028.18%
2004-06-3031.17%
2004-03-3131.44%
2003-12-3130.88%
2003-09-3030.68%
2003-06-3029.98%
2003-03-3130.09%
2002-12-3128.03%
2002-09-3025.73%
2002-06-3026.88%

Related Metrics

Debt/EquityTotal DebtTotal AssetsInterest CoverageAll Metrics

About Washington Trust Bancorp, Inc.

Washington Trust Bancorp, Inc. functions as the holding company for The Washington Trust Company, delivering a diverse range of banking and financial solutions to individuals and corporate clients. The company is structured into two primary divisions: Commercial Banking and Wealth Management Services. The Commercial Banking division extends a wide array of credit products to businesses and individuals. This includes financing for commercial real estate (like mortgages and construction projects), commercial and industrial ventures, residential properties (such as mortgages and home construction), and various consumer needs, including home equity lines, personal installment loans, and even loans for general aviation aircraft. Alongside lending, it provides a comprehensive suite of deposit options, including interest-bearing and non-interest-bearing checking accounts, savings accounts, money market accounts, retirement accounts, and certificates of deposit. Customers also benefit from modern banking conveniences such as debit cards, ATMs, telephone banking, online and mobile platforms, remote deposit capture, and tailored cash management services. The Wealth Management Services segment delivers specialized financial guidance, encompassing investment management, financial planning, and comprehensive trust and estate services for both individual and institutional clients. These services include acting as a trustee, personal representative, custodian, and guardian, managing the settlement of estates, and offering institutional custody and fiduciary support. Additionally, the company operates as a licensed broker-dealer, making available products like variable annuities and college savings plans. As of December 31, 2021, its physical presence included 10 branch locations across southern Rhode Island, 13 within the broader Providence metropolitan area in Rhode Island, and a single branch in southeastern Connecticut. Established in 1800, Washington Trust Bancorp, Inc. has its headquarters in Westerly, Rhode Island.

Westerly, RI
618 employees
www.washtrust.com
Financial Services / Banks - Regional
Sector
Financial Services
Industry
Banks - Regional
CEO
Edward Otis Handy
View full financials