← 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $175.6m |
$184.3m
+4.97%
|
$194.4m
+5.46%
|
$200.5m
+3.13%
|
$226.9m
+13.16%
|
$228.8m
+0.86%
|
$218.6m
-4.47%
|
$193.2m
-11.60%
|
$100.7m
-47.91%
|
$229.0m
+127.57%
|
$234.0m
+2.17%
|
|
| Noninterest income: | ||||||||||||
| Interest Income (Expense), Net | $110.5m |
$119.5m
+8.19%
|
$132.3m
+10.67%
|
$133.4m
+0.85%
|
$127.4m
-4.47%
|
$141.4m
+10.98%
|
$156.0m
+10.29%
|
$137.1m
-12.11%
|
$128.4m
-6.31%
|
$153.2m
+19.26%
|
$309.9m
+102.32%
|
|
| Marketing and Advertising Expense | $1.5m | $1.5m | $1.4m | $1.5m | $1.5m | $1.8m | $2.6m | $2.6m | $2.6m | $2.9m | — | |
| Labor and Related Expense | $67.2m | $68.5m | $69.3m | $72.8m | $82.9m | $87.3m | $83.8m | $82.5m | $86.3m | $91.8m | — | |
| Amortization of Intangible Assets | $1.3m | $1.0m | $979k | $943k | $914k | $890k | $860k | $843k | $826k | $762k | — | |
| Noninterest expense: | ||||||||||||
| Interest Expense | $23.0m | $30.1m | $44.1m | $64.2m | $42.5m | $16.6m | $38.5m | $171.6m | — | — | $148.0m | |
| Total interest expense | — | — | — | — | — | — | — | — | $212.2m | $164.9m | — | |
| Interest income: | ||||||||||||
| Debt and Equity Securities, Gain (Loss) | — | — | — | ($53k) | $0 | $0 | — | — | ($31.0m) | $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 | — | |
| Income (Loss) from Equity Method Investments | ($354k) | — | — | — | — | — | — | — | — | — | — | |
| Other Expenses | — | — | — | — | — | — | — | — | — | $18.3m | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | — | — | — | — | — | $98.2m | $91.2m | $56.5m | ($38.8m) | $67.4m | $70.9m | |
| Current Income Tax Expense (Benefit) | $21.5m | $26.0m | $18.3m | $20.6m | $22.5m | $19.2m | $18.3m | $12.0m | $6.0m | $2.6m | $15.5m | |
| Income Tax Expense (Benefit) | $22.4m | $31.7m | $18.3m | $19.1m | $19.3m | $21.3m | $19.5m | $8.3m | ($10.8m) | $15.2m | $15.5m | |
| 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%
|
$55.4m
+6.04%
|
|
| 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%
|
$55.4m
+6.04%
|
|
| Earnings Per Share, Basic | $2.72 | $2.66 | $3.95 | $3.98 | $4.03 | $4.43 | $4.14 | $2.82 | ($1.63) | $2.72 | $2.90 | |
| Earnings Per Share, Diluted | $2.70 | $2.64 | $3.93 | $3.96 | $4.00 | $4.39 | $4.11 | $2.82 | ($1.63) | $2.71 | $2.89 | |
| Common Stock, Dividends, Per Share, Declared | $1.46 | $1.54 | $1.76 | $2.00 | $2.05 | $2.10 | $2.18 | $2.24 | $2.24 | $2.24 | — | |
| Weighted Average Number of Shares Outstanding, Basic | 17.1m | 17.2m | 17.3m | 17.3m | 17.3m | 17.3m | 17.2m | 17.0m | 17.1m | 19.2m | 19.1m | |
| Weighted Average Number of Shares Outstanding, Diluted | 17.2m | 17.3m | 17.4m | 17.4m | 17.4m | 17.5m | 17.4m | 17.1m | 17.1m | 19.3m | 19.2m | |
| Additional Financial Items | ||||||||||||
| Other Interest and Dividend Income | $322k | $674k | $1.0m | $1.7m | $459k | $181k | $1.6m | $5.0m | $7.0m | $5.8m | — | |
| 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 | — | |
| Equipment Expense | $6.2m | $5.4m | $4.3m | $4.1m | $3.8m | $3.9m | $3.8m | $4.3m | $3.8m | $3.6m | — | |
| Business Combination, Acquisition Related Costs | $0 | $0 | — | — | — | — | — | — | — | — | — | |
| Financing Receivable Transfer To Held For Sale Valuation Allowance Expense | — | — | — | — | — | — | — | — | $62.9m | $0 | — | |
| Goodwill, Impairment Loss | — | $150k | $0 | $0 | — | — | — | — | — | — | — |