Washington Trust Bancorp (WASH) Debt/Equity Ratio: History & Chart

Washington Trust Bancorp, Inc. (WASH)WASHWashington Trust Bancorp, Inc.

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

642 employees

www.washtrust.com

Financial Services / Banks - Regional

Sector: Financial Services
Industry: Banks - Regional
CEO: Edward Otis Handy

View full financials

WASH Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.93

DEBT TO EQUITY RATIO AVG TTM

1.40

DEBT TO EQUITY RATIO AVG 3Y

2.13

DEBT TO EQUITY RATIO AVG 5Y

1.74

DEBT TO EQUITY RATIO AVG 10Y

1.94

DEBT TO EQUITY RATIO AVG 15Y

1.70

DEBT TO EQUITY RATIO AVG 20Y

1.97

CURRENT VS TTM AVG

-33.11%

CURRENT VS 3Y AVG

-56.18%

CURRENT VS 5Y AVG

-46.30%

CURRENT VS 10Y AVG

-51.96%

CURRENT VS 15Y AVG

-44.94%

CURRENT VS 20Y AVG

-52.59%

SECTOR MEDIAN · FINANCIAL SERVICES

0.65

median of 89 covered companies

CURRENT VS SECTOR MEDIAN

+43.59%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Washington Trust Bancorp, Inc. (WASH)	$748.38M	0.93	1.40	2.13	1.74
BlackRock Multi-Sector Income Trust (BIT)vs ›	$702.16M	0.42	0.51	0.52	0.53
WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs ›	$679.27M	N/A	N/A	N/A	N/A
Hypoport SE (HYPOF)vs ›	$630.67M	0.42	0.50	0.54	0.63
BlackRock Floating Rate Income Trust (BGT)vs ›	$330.01M	0.20	0.20	0.27	0.33
Isabella Bank Corporation (ISBA)vs ›	$299.24M	0.59	0.58	0.55	0.57
Franklin Universal Trust (FT)vs ›	$197.79M	0.26	0.29	0.31	0.31
DeFi Technologies Inc. (DEFT)vs ›	$196.51M	0.02	0.32	1.41	0.94
The New Germany Fund, Inc. (GF)vs ›	$188.04M	0.13	0.09	0.04	0.03
Lufax Holding Ltd (LU)vs ›	$1.32B	0.90	1.02	0.69	0.58

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Washington Trust Bancorp, Inc. (WASH)

$748.38M

0.93

1.40

2.13

1.74

BlackRock Multi-Sector Income Trust (BIT)vs ›

$702.16M

0.42

0.51

0.52

0.53

WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs ›

$679.27M

N/A

Hypoport SE (HYPOF)vs ›

$630.67M

0.42

0.50

0.54

0.63

BlackRock Floating Rate Income Trust (BGT)vs ›

$330.01M

0.20

0.27

0.33

Isabella Bank Corporation (ISBA)vs ›

$299.24M

0.59

0.58

0.55

0.57

Franklin Universal Trust (FT)vs ›

$197.79M

0.26

0.29

0.31

DeFi Technologies Inc. (DEFT)vs ›

$196.51M

0.02

0.32

1.41

0.94

The New Germany Fund, Inc. (GF)vs ›

$188.04M

0.13

0.09

0.04

0.03

Lufax Holding Ltd (LU)vs ›

$1.32B

0.90

1.02

0.69

0.58

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The debt to equity ratio for WASH stock is 0.93.

Is Washington Trust Bancorp, Inc.'s debt to equity ratio high or low?

The debt to equity ratio of 0.93 is 46% below its 5-year average of 1.74, near the low end of its 5-year range (0.21–3.41).

What is the TTM average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The TTM average debt to equity ratio for WASH stock is 1.40.

What is the 3Y average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The 3Y average debt to equity ratio for WASH stock is 2.13.

What is the 5Y average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The 5Y average debt to equity ratio for WASH stock is 1.74.

What is the 10Y average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The 10Y average debt to equity ratio for WASH stock is 1.94.

What is the 15Y average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The 15Y average debt to equity ratio for WASH stock is 1.70.

What is the 20Y average debt to equity ratio for Washington Trust Bancorp, Inc. (WASH)?

The 20Y average debt to equity ratio for WASH stock is 1.97.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.93
2026-03-31	1.17
2025-12-31	1.26
2025-09-30	1.60
2025-06-30	2.01
2025-03-31	1.75
2024-12-31	2.36
2024-09-30	2.69
2024-06-30	3.41
2024-03-31	2.77
2023-12-31	2.63
2023-09-30	2.72
2023-06-30	2.38
2023-03-31	2.10
2022-12-31	2.28
2022-09-30	1.74
2022-06-30	0.80
2022-03-31	0.21
2021-12-31	0.35
2021-09-30	0.50
2021-06-30	0.84
2021-03-31	0.98
2020-12-31	1.21
2020-09-30	1.66
2020-06-30	2.18
2020-03-31	2.46
2019-12-31	2.37
2019-09-30	2.03
2019-06-30	2.30
2019-03-31	2.36
2018-12-31	2.17
2018-09-30	1.99
2018-06-30	2.19
2018-03-31	2.01
2017-12-31	1.97
2017-09-30	2.02
2017-06-30	2.20
2017-03-31	2.06
2016-12-31	2.23
2016-09-30	1.76
2016-06-30	1.71
2016-03-31	1.34
2015-12-31	1.07
2015-09-30	1.09
2015-06-30	1.38
2015-03-31	1.15
2014-12-31	1.24
2014-09-30	0.82
2014-06-30	1.00
2014-03-31	0.67
2013-12-31	0.94
2013-09-30	0.96
2013-06-30	1.31
2013-03-31	1.24
2012-12-31	1.34
2012-09-30	1.51
2012-06-30	1.90
2012-03-31	1.87
2011-12-31	2.11
2011-09-30	1.92
2011-06-30	2.18
2011-03-31	1.91
2010-12-31	2.06
2010-09-30	2.00
2010-06-30	2.52
2010-03-31	2.43
2009-12-31	2.60
2009-09-30	2.74
2009-06-30	3.07
2009-03-31	3.26
2008-12-31	3.78
2008-09-30	4.39
2008-06-30	4.85
2008-03-31	3.68
2007-12-31	3.60
2007-09-30	3.16
2007-06-30	2.99
2007-03-31	2.88
2006-12-31	2.96
2006-09-30	2.91
2006-06-30	3.55
2006-03-31	3.66
2005-12-31	4.56
2005-09-30	3.88
2005-06-30	4.01
2005-03-31	4.30
2004-12-31	4.45
2004-09-30	4.33
2004-06-30	4.90
2004-03-31	4.47
2003-12-31	4.41
2003-09-30	4.36
2003-06-30	4.08
2003-03-31	4.17
2002-12-31	3.80
2002-09-30	3.46

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.93

2026-03-31

1.17

2025-12-31

1.26

2025-09-30

1.60

2025-06-30

2.01

2025-03-31

1.75

2024-12-31

2.36

2024-09-30

2.69

2024-06-30

3.41

2024-03-31

2.77

2023-12-31

2.63

2023-09-30

2.72

2023-06-30

2.38

2023-03-31

2.10

2022-12-31

2.28

2022-09-30

1.74

2022-06-30

0.80

2022-03-31

0.21

2021-12-31

0.35

2021-09-30

0.50

2021-06-30

0.84

2021-03-31

0.98

2020-12-31

1.21

2020-09-30

1.66

2020-06-30

2.18

2020-03-31

2.46

2019-12-31

2.37

2019-09-30

2.03

2019-06-30

2.30

2019-03-31

2.36

2018-12-31

2.17

2018-09-30

1.99

2018-06-30

2.19

2018-03-31

2.01

2017-12-31

1.97

2017-09-30

2.02

2017-06-30

2.20

2017-03-31

2.06

2016-12-31

2.23

2016-09-30

1.76

2016-06-30

1.71

2016-03-31

1.34

2015-12-31

1.07

2015-09-30

1.09

2015-06-30

1.38

2015-03-31

1.15

2014-12-31

1.24

2014-09-30

0.82

2014-06-30

1.00

2014-03-31

0.67

2013-12-31

0.94

2013-09-30

0.96

2013-06-30

1.31

2013-03-31

1.24

2012-12-31

1.34

2012-09-30

1.51

2012-06-30

1.90

2012-03-31

1.87

2011-12-31

2.11

2011-09-30

1.92

2011-06-30

2.18

2011-03-31

1.91

2010-12-31

2.06

2010-09-30

2.00

2010-06-30

2.52

2010-03-31

2.43

2009-12-31

2.60

2009-09-30

2.74

2009-06-30

3.07

2009-03-31

3.26

2008-12-31

3.78

2008-09-30

4.39

2008-06-30

4.85

2008-03-31

3.68

2007-12-31

3.60

2007-09-30

3.16

2007-06-30

2.99

2007-03-31

2.88

2006-12-31

2.96

2006-09-30

2.91

2006-06-30

3.55

2006-03-31

3.66

2005-12-31

4.56

2005-09-30

3.88

2005-06-30

4.01

2005-03-31

4.30

2004-12-31

4.45

2004-09-30

4.33

2004-06-30

4.90

2004-03-31

4.47

2003-12-31

4.41

2003-09-30

4.36

2003-06-30

4.08

2003-03-31

4.17

2002-12-31

3.80

2002-09-30

3.46

Debt to Equity Ratio: 0.93

WASH Debt to Equity Ratio

WASH Average Debt to Equity Ratio Chart

WASH Current vs Average Debt to Equity Ratio Chart

WASH Debt to Equity Ratio Metrics

WASH Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

WASH Debt to Equity Ratio History

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