Washington Trust Bancorp (FRA:WT1) Long-Term Capital Lease Obligation : €35.8 Mil (As of Mar. 2025)

View and export this data going back to 2020. Start your Free Trial

What is Washington Trust Bancorp Long-Term Capital Lease Obligation?

Washington Trust Bancorp's Long-Term Capital Lease Obligation for the quarter that ended in Mar. 2025 was €35.8 Mil.

Washington Trust Bancorp's quarterly Long-Term Capital Lease Obligation increased from Sep. 2024 (€27.2 Mil) to Dec. 2024 (€28.2 Mil) and increased from Dec. 2024 (€28.2 Mil) to Mar. 2025 (€35.8 Mil).

Washington Trust Bancorp's annual Long-Term Capital Lease Obligation increased from Dec. 2022 (€27.9 Mil) to Dec. 2023 (€29.4 Mil) but then declined from Dec. 2023 (€29.4 Mil) to Dec. 2024 (€28.2 Mil).

Washington Trust Bancorp Long-Term Capital Lease Obligation Historical Data

The historical data trend for Washington Trust Bancorp's Long-Term Capital Lease Obligation 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.

* Premium members only.

Washington Trust Bancorp Long-Term Capital Lease Obligation Chart

Washington Trust Bancorp Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Long-Term Capital Lease Obligation

Get a 7-Day Free Trial

26.07

25.67

27.90

29.37

28.25

Washington Trust Bancorp Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Long-Term Capital Lease Obligation	Get a 7-Day Free Trial															29.29	28.81	27.24	28.25	35.81

Washington Trust Bancorp (FRA:WT1) Long-Term Capital Lease Obligation Explanation

Long-Term Capital Lease Obligation are the amount due for long-term asset lease agreements that are nearly equivalent to asset purchases. Capital lease obligations are installment payments that constitute a payment of principal plus interest for the capital lease. The Short-Term Capital Lease Obligation is the portion of a Long-Term Capital Lease Obligation that is due over the next year.

Under US Generally Accepted Accounting Principles (GAAP), a capital lease is essentially equivalent to a purchase by the lessee if it meets the following criteria:

1. Ownership of the asset is transferred to the lessee at the end of the lease term;
2. The lease contains a bargain purchase option to buy the equipment at less than fair market value;
3. The lease term equals or exceeds 75% of the asset's estimated useful life;
4. The present value of the lease payments equals or exceeds 90% of the total original cost of the equipment.

Washington Trust Bancorp Long-Term Capital Lease Obligation Related Terms

Thank you for viewing the detailed overview of Washington Trust Bancorp's Long-Term Capital Lease Obligation provided by GuruFocus.com. Please click on the following links to see related term pages.

Washington Trust Bancorp Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Washington Trust Bancorp Inc (FRA:WT1) » Definitions » Long-Term Capital Lease Obligation

Comparable Companies

Traded in Other Exchanges

WASH:USA

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 offers a full range of financial services, including commercial banking, mortgage banking, personal banking, and wealth management and trust services, through its offices located in Rhode Island, Connecticut, and Massachusetts. 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.

Washington Trust Bancorp Headlines

No Headlines