← WASHINGTON TRUST BANCORP INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash flows from operating activities: | ||||||||||||
| Adjustments to reconcile net income to net cash provided by operating activities: | ||||||||||||
| Net Income (Loss) Attributable to Parent | $46.5m |
$45.9m
-1.20%
|
$68.4m
+49.01%
|
$69.1m
+1.00%
|
$69.8m
+1.03%
|
$76.9m
+10.08%
|
$71.7m
-6.75%
|
$48.2m
-32.79%
|
($28.1m)
-158.24%
|
$52.2m
+286.19%
|
— | |
| Net Income (Loss) Available to Common Stockholders, Basic | $46.4m |
$45.8m
-1.22%
|
$68.3m
+49.05%
|
$69.0m
+1.01%
|
$69.7m
+1.01%
|
$76.6m
+10.00%
|
$71.5m
-6.74%
|
$48.1m
-32.72%
|
($28.0m)
-158.30%
|
$52.2m
+286.33%
|
— | |
| Depreciation, Depletion and Amortization | $4.9m | $4.5m | $4.3m | $4.2m | $4.1m | $4.3m | $4.3m | $4.8m | $3.9m | $3.5m | $4.0m | |
| Amortization of Intangible Assets | $1.3m | $1.0m | $979k | $943k | $914k | $890k | $860k | $843k | $826k | $762k | — | |
| Depreciation | $3.7m | $3.5m | $3.3m | $3.3m | $3.2m | $3.4m | $3.5m | $4.0m | $3.9m | $3.5m | $3.3m | |
| Depreciation, Nonproduction | $3.7m | $3.5m | $3.3m | $3.3m | $3.2m | $3.4m | $3.5m | $4.0m | $3.9m | $3.5m | $4.0m | |
| Deferred Income Tax Expense (Benefit) | $868k | $5.7m | ($63k) | ($1.5m) | ($3.1m) | $2.2m | $1.2m | ($3.7m) | ($16.7m) | $12.6m | $12.6m | |
| Share-based Payment Arrangement, Noncash Expense | $2.2m | $2.6m | $2.6m | $3.1m | $3.8m | $3.3m | $3.2m | $2.1m | $2.5m | $3.0m | $2.9m | |
| Share-based Payment Arrangement, Expense | $2.2m | $2.6m | $2.6m | $3.1m | $3.8m | $3.3m | $3.2m | $2.1m | $2.5m | $3.0m | $2.9m | |
| Goodwill, Impairment Loss | — | $150k | $0 | $0 | — | — | — | — | — | — | — | |
| Income (Loss) from Equity Method Investments | ($354k) | — | — | — | — | — | — | — | — | — | — | |
| Changes in operating assets and liabilities: | ||||||||||||
| Increase (Decrease) in Other Operating Assets | ($630k) | $8.8m | $7.5m | $28.0m | $57.7m | ($38.9m) | $30.8m | $3.0m | $11.1m | ($8.5m) | — | |
| Increase (Decrease) in Other Operating Liabilities | ($7.2m) | $5.3m | $9.3m | $31.6m | $49.3m | ($39.7m) | $34.1m | ($11.5m) | $7.2m | ($939k) | — | |
| Net Cash Provided by (Used in) Operating Activities | $58.7m |
$59.4m
+1.11%
|
$82.9m
+39.56%
|
$73.4m
-11.39%
|
$36.5m
-50.33%
|
$100.8m
+176.36%
|
$113.0m
+12.10%
|
$31.6m
-72.03%
|
$57.7m
+82.48%
|
$80.3m
+39.26%
|
$99.8m
+24.22%
|
|
| Cash flows from investing activities: | ||||||||||||
| Gain (Loss) on Disposition of Property Plant Equipment | — | — | — | — | — | — | — | — | — | $7.0m | ($4.9m) | |
| Payments to Acquire Property, Plant, and Equipment | $3.1m | $2.8m | $4.0m | $3.1m | $3.4m | $3.5m | $6.1m | $5.0m | $4.0m | $2.0m | ($6.1m) | |
| Equipment Expense | $6.2m | $5.4m | $4.3m | $4.1m | $3.8m | $3.9m | $3.8m | $4.3m | $3.8m | $3.6m | — | |
| Proceeds from Maturities, Prepayments and Calls of Debt Securities, Available-for-sale | $65.7m | $84.4m | $83.2m | $147.6m | $351.2m | $337.8m | $116.1m | $71.7m | $71.2m | $84.8m | — | |
| Payments to Acquire Businesses, Net of Cash Acquired | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Net Cash Provided by (Used in) Investing Activities | ($625.4m) | ($179.7m) | ($481.8m) | ($160.1m) | ($264.2m) | ($240.9m) | ($999.0m) | ($550.8m) | $231.3m | $305.4m | $142.0m | |
| Cash flows from financing activities: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | ($53k) | $0 | $0 | — | — | ($31.0m) | $0 | — | |
| Payments for Repurchase of Common Stock | — | — | — | — | $4.3m | $0 | $9.5m | $8.8m | $0 | $7.4m | — | |
| Proceeds from Issuance of Common Stock | — | — | — | — | — | — | — | — | $70.5m | $0 | $0 | |
| Dividends paid | $24.6m | $26.3m | $29.3m | $34.2m | $35.5m | $36.3m | $37.6m | $38.6m | $38.4m | $43.3m | ($43.2m) | |
| Payments of Dividends | $24.6m | $26.3m | $29.3m | $34.2m | $35.5m | $36.3m | $37.6m | $38.6m | $38.4m | $43.3m | ($43.2m) | |
| Other Interest and Dividend Income | $322k | $674k | $1.0m | $1.7m | $459k | $181k | $1.6m | $5.0m | $7.0m | $5.8m | — | |
| Net Cash Provided by (Used in) Financing Activities | $576.8m |
$95.4m
-83.45%
|
$409.5m
+329.04%
|
$131.7m
-67.85%
|
$291.6m
+121.46%
|
$116.3m
-60.11%
|
$826.0m
+610.13%
|
$491.0m
-40.55%
|
($265.3m)
-154.03%
|
($395.9m)
-49.24%
|
($282.1m)
+28.73%
|
|
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect | — | — | — | — | $63.8m | ($23.8m) | ($60.1m) | ($28.2m) | $23.7m | ($10.2m) | $127.4m | |
| Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents | — | — | — | — | $202.3m | $178.5m | $118.4m | $90.2m | $113.9m | $103.7m | $127.4m | |
| Additional Supplementary Disclosures | ||||||||||||
| Additional Supplementary Disclosures | ||||||||||||
| Provision for Loan, Lease, and Other Losses | $5.7m | $2.6m | $1.6m | $1.6m | $11.7m | ($4.6m) | ($1.4m) | $3.5m | $2.4m | $9.2m | $13.0m | |
| Bank Owned Life Insurance Income | $2.7m | $2.2m | $2.2m | $2.4m | $2.5m | $2.9m | $2.6m | $3.5m | $3.0m | $3.3m | — | |
| Gain (Loss) on Sales of Loans, Net | $13.1m | $11.0m | $9.7m | $14.3m | $48.0m | $28.2m | $6.7m | $4.5m | $8.8m | $10.0m | — | |
| Supplemental disclosure of cash flow information: | ||||||||||||
| Interest Paid, Excluding Capitalized Interest, Operating Activities | — | — | — | $64.5m | $45.3m | $18.3m | $32.1m | $156.6m | $217.2m | $173.9m | — | |
| Income Taxes Paid, Net | — | — | — | — | — | — | — | — | — | ($142k) | — | |
| Additional Financial Items | ||||||||||||
| Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Gain (Loss) Due to Settlement and Curtailment | — | — | — | — | — | — | — | — | — | ($6.4m) | — | |
| Derivative, Gain (Loss) on Derivative, Net | $0 | — | — | — | — | — | — | — | — | — | — | |
| Financing Receivable Transfer To Held For Sale Valuation Allowance Expense | — | — | — | — | — | — | — | — | $62.9m | $0 | — | |
| Gain (Loss) on Derivative Instruments, Net, Pretax | $3.2m | $3.2m | $2.5m | $4.0m | $4.0m | $4.3m | $2.8m | $1.4m | $467k | $2.1m | — | |
| Gain (Loss) on Sale of Properties | — | — | — | — | — | — | — | — | $988k | $7.0m | — | |
| Goodwill | $64.1m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | $63.9m | — | |
| Income Tax Expense (Benefit) | $22.4m | $31.7m | $18.3m | $19.1m | $19.3m | $21.3m | $19.5m | $8.3m | ($10.8m) | $15.2m | — | |
| Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Net of Tax | $0 | ($499k) | ($131k) | ($121k) | ($867k) | — | — | — | — | — | — |