Washington Trust Bancorp, Inc. (WASH)
NASDAQ: WASH · Real-Time Price · USD
30.86
+0.06 (0.19%)
At close: Mar 31, 2025, 4:00 PM
30.77
-0.09 (-0.28%)
After-hours: Mar 31, 2025, 4:44 PM EDT
Washington Trust Bancorp Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
Fiscal Year | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | 2019 - 2015 |
|---|---|---|---|---|---|---|
Period Ending | Dec '24 Dec 31, 2024 | Dec '23 Dec 31, 2023 | Dec '22 Dec 31, 2022 | Dec '21 Dec 31, 2021 | Dec '20 Dec 31, 2020 | 2019 - 2015 |
| Interest Income on Loans | 301.07 | 271.31 | 170.47 | 143.08 | 147.19 | Upgrade
|
| Interest Income on Investments | 39.61 | 37.35 | 24 | 14.91 | 22.75 | Upgrade
|
| Total Interest Income | 340.68 | 308.66 | 194.47 | 158 | 169.94 | Upgrade
|
| Interest Paid on Deposits | 146.1 | 120.43 | 26.02 | 12.39 | 25.81 | Upgrade
|
| Interest Paid on Borrowings | 66.13 | 51.13 | 12.45 | 4.17 | 16.68 | Upgrade
|
| Total Interest Expense | 212.23 | 171.56 | 38.48 | 16.56 | 42.49 | Upgrade
|
| Net Interest Income | 128.45 | 137.1 | 155.99 | 141.44 | 127.44 | Upgrade
|
| Net Interest Income Growth (YoY) | -6.31% | -12.11% | 10.29% | 10.98% | -4.47% | Upgrade
|
| Trust Income | 39.05 | 35.54 | 38.75 | 41.28 | 35.45 | Upgrade
|
| Mortgage Banking Activities | 10.98 | 6.66 | 8.73 | 28.63 | 47.38 | Upgrade
|
| Gain (Loss) on Sale of Investments | -31.05 | - | - | - | - | Upgrade
|
| Other Non-Interest Income | 13.07 | 11.13 | 11.93 | 14.8 | 13.87 | Upgrade
|
| Total Non-Interest Income | -27.8 | 56.14 | 62.6 | 87.39 | 99.44 | Upgrade
|
| Non-Interest Income Growth (YoY) | - | -10.32% | -28.37% | -12.12% | 48.24% | Upgrade
|
| Revenues Before Loan Losses | 100.65 | 193.24 | 218.59 | 228.83 | 226.89 | Upgrade
|
| Provision for Loan Losses | 2.4 | 3.2 | -1.3 | -4.82 | 12.34 | Upgrade
|
| Revenue | 98.25 | 190.04 | 219.89 | 233.65 | 214.54 | Upgrade
|
| Revenue Growth (YoY) | -48.30% | -13.58% | -5.89% | 8.91% | 7.85% | Upgrade
|
| Salaries and Employee Benefits | 83.79 | 80.39 | 80.56 | 83.98 | 79.13 | Upgrade
|
| Occupancy Expenses | 5.13 | 4.96 | 4.86 | 4.37 | 4.05 | Upgrade
|
| Federal Deposit Insurance | 5.51 | 4.67 | 1.69 | 1.59 | 1.82 | Upgrade
|
| Amortization of Goodwill & Intangibles | 0.83 | 0.84 | 0.86 | 0.89 | 0.91 | Upgrade
|
| Selling, General & Administrative | 32.98 | 32.03 | 30.76 | 29.3 | 28.68 | Upgrade
|
| Other Non-Interest Expense | 8.84 | 10.66 | 10 | 8.41 | 9.38 | Upgrade
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| Total Non-Interest Expense | 137.07 | 133.56 | 128.72 | 128.53 | 123.97 | Upgrade
|
| EBT Excluding Unusual Items | -38.82 | 56.48 | 91.17 | 105.12 | 90.57 | Upgrade
|
| Other Unusual Items | - | - | - | -6.93 | -1.41 | Upgrade
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| Pretax Income | -38.82 | 56.48 | 91.17 | 98.19 | 89.16 | Upgrade
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| Income Tax Expense | -10.76 | 8.31 | 19.49 | 21.32 | 19.33 | Upgrade
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| Net Income | -28.06 | 48.18 | 71.68 | 76.87 | 69.83 | Upgrade
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| Preferred Dividends & Other Adjustments | -0.02 | 0.09 | 0.2 | 0.22 | 0.15 | Upgrade
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| Net Income to Common | -28.04 | 48.09 | 71.48 | 76.65 | 69.68 | Upgrade
|
| Net Income Growth | - | -32.79% | -6.75% | 10.08% | 1.03% | Upgrade
|
| Basic Shares Outstanding | 17 | 17 | 17 | 17 | 17 | Upgrade
|
| Diluted Shares Outstanding | 17 | 17 | 17 | 17 | 17 | Upgrade
|
| Shares Change (YoY) | 0.51% | -1.84% | -0.42% | 0.30% | -0.07% | Upgrade
|
| EPS (Basic) | -1.63 | 2.82 | 4.14 | 4.43 | 4.03 | Upgrade
|
| EPS (Diluted) | -1.63 | 2.82 | 4.11 | 4.39 | 4.00 | Upgrade
|
| EPS Growth | - | -31.39% | -6.38% | 9.75% | 1.01% | Upgrade
|
| Dividend Per Share | 2.240 | 2.240 | 2.180 | 2.100 | 2.050 | Upgrade
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| Dividend Growth | - | 2.75% | 3.81% | 2.44% | 2.50% | Upgrade
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| Effective Tax Rate | - | 14.70% | 21.38% | 21.71% | 21.68% | Upgrade
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Updated Feb 25, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.