WASH (Washington Trust Bancorp) Allowance For Loans And Lease Losses : $-42.6 Mil (As of Sep. 2024)

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What is Washington Trust Bancorp Allowance For Loans And Lease Losses?

Washington Trust Bancorp's Allowance For Loans And Lease Losses for the quarter that ended in Sep. 2024 was $-42.6 Mil.

Washington Trust Bancorp's quarterly Allowance For Loans And Lease Losses declined from Mar. 2024 ($-41.9 Mil) to Jun. 2024 ($-42.4 Mil) and declined from Jun. 2024 ($-42.4 Mil) to Sep. 2024 ($-42.6 Mil).

Washington Trust Bancorp's annual Allowance For Loans And Lease Losses increased from Dec. 2021 ($-39.1 Mil) to Dec. 2022 ($-38.0 Mil) but then declined from Dec. 2022 ($-38.0 Mil) to Dec. 2023 ($-41.1 Mil).

Washington Trust Bancorp Allowance For Loans And Lease Losses Historical Data

The historical data trend for Washington Trust Bancorp's Allowance For Loans And Lease Losses can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Washington Trust Bancorp Allowance For Loans And Lease Losses Chart

Washington Trust Bancorp Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Allowance For Loans And Lease Losses

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-27.01

-44.11

-39.09

-38.03

-41.06

Washington Trust Bancorp Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Allowance For Loans And Lease Losses	Get a 7-Day Free Trial															-40.21	-41.06	-41.91	-42.38	-42.63

Washington Trust Bancorp Allowance For Loans And Lease Losses Calculation

Allowance For Loans And Lease Losses is a contra account sets aside as an allowance for bad loans.

Washington Trust Bancorp Allowance For Loans And Lease Losses Related Terms

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Washington Trust Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Washington Trust Bancorp Inc (NAS:WASH) » Definitions » Allowance For Loans And Lease Losses

Comparable Companies

Traded in Other Exchanges

WT1:Germany

Address

23 Broad Street, Westerly, RI, USA, 02891

Website

https://www.washtrust.com

Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.

Executives

Kathleen A Ryan	officer: EVP, WM Client Services	6 GREEN ACRES DRIVE, NARRAGANSETT RI 02882
Mary E. Noons	officer: SVP Retail Lending	37 WATCH HILL WAY, WAKEFIELD RI 02879
Rolando A Lora	officer: EVP and Chief Retail Lend Off	140 STOW RD., HARVARD MA 01451
Howes Constance A	director	253 FREEMAN PARKWAY, PROVIDENCE RI 02906
Edwin J Santos	director	234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Kristen L Disanto	officer: EVP Human Resources	23 BROAD STREET, WESTERLY RI 02891
Ronald S. Ohsberg	officer: EVP and Treasurer	33 BELLE ISLE WAY, CRANSTON RI 02921
Dennis L Algiere	officer: SVP Compliance & Comm Affairs
Jabbie Alimamy Dauda Jr.	director	16 TECUMSEH STREET, PROVIDENCE RI 02906
Joseph P. Gencarella	director	11 BLUEBILL AVE., APT. 604, NAPLES FL 34108
James M Hagerty	officer: EVP & Chief Lending Officer	180 NATICK AVENUE, WARWICK RI 02886
Joseph J Marcaurele	director, officer: Chairman and CEO	23 BROAD STREET, WESTERLY RI 02891
Lisa M. Stanton	director	17064 CROSSGATE DRIVE, JUPITER FL 33477
Wray William K. Sr.	officer: SVP Risk Management	71 CHURCH STREET, EAST GREENWICH RI 02818
Sandra Parrillo	director	3 ROBIN WAY, NORTH SMITHFIELD RI 02896