WASH
Washington Trust Bancorp Inc
NASDAQ: WASH · FINANCIAL SERVICES · BANKS - REGIONAL
$31.02
-2.97% today
Updated 2026-04-29
Market cap
$608.74M
P/E ratio
11.67
P/S ratio
2.82x
EPS (TTM)
$2.74
Dividend yield
7.08%
52W range
$24 – $37
Volume
0.2M
Washington Trust Bancorp Inc (WASH) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $173.32M | $181.94M | $187.12M | $175.42M | $164.24M | $165.76M | $177.49M | $169.85M | $173.09M | $184.09M | $198.60M | $214.40M | $238.52M | $264.74M | $269.38M | $245.39M | $257.07M | $364.80M | $310.78M | $381.08M |
| Revenue growth (YoY) | — | +5.0% | +2.8% | -6.3% | -6.4% | +0.9% | +7.1% | -4.3% | +1.9% | +6.4% | +7.9% | +8.0% | +11.3% | +11.0% | +1.8% | -8.9% | +4.8% | +41.9% | -14.8% | +22.6% |
| Cost of revenue | $70.86M | $78.39M | $79.95M | $72.24M | $52.06M | $41.09M | $33.06M | $26.96M | $23.46M | $22.82M | $28.64M | $32.66M | $45.67M | $65.82M | $54.83M | $11.74M | $37.17M | $174.76M | $214.63M | $174.10M |
| Gross profit | $102.46M | $103.55M | $107.17M | $103.18M | $112.18M | $124.67M | $144.42M | $142.89M | $149.63M | $161.27M | $169.96M | $181.74M | $192.85M | $198.92M | $214.54M | $233.65M | $219.89M | $190.04M | $96.15M | $206.98M |
| Gross margin | 59.1% | 56.9% | 57.3% | 58.8% | 68.3% | 75.2% | 81.4% | 84.1% | 86.4% | 87.6% | 85.6% | 84.8% | 80.9% | 75.1% | 79.6% | 95.2% | 85.5% | 52.1% | 30.9% | 54.3% |
| R&D | — | — | — | — | — | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | — | — | — | — | — | — | — |
| SG&A | $38.70M | $39.99M | $53.03M | $58.58M | $50.59M | $53.14M | $61.52M | $61.81M | $60.29M | $64.87M | $69.67M | $70.13M | $70.89M | $73.38M | $84.72M | $88.89M | $85.49M | $87.13M | $91.77M | $106.09M |
| Operating income | $37.12M | $34.65M | $29.49M | $22.44M | $34.35M | $42.65M | $50.87M | $52.68M | $59.82M | $64.34M | $68.85M | $77.64M | $86.69M | $88.18M | $89.16M | $98.19M | $91.17M | $56.48M | $-38.82M | $67.41M |
| Operating margin | 21.4% | 19.0% | 15.8% | 12.8% | 20.9% | 25.7% | 28.7% | 31.0% | 34.6% | 35.0% | 34.7% | 36.2% | 36.3% | 33.3% | 33.1% | 40.0% | 35.5% | 15.5% | -12.5% | 17.7% |
| EBITDA | $42.96M | $39.61M | $33.81M | $26.76M | $38.53M | $46.77M | $54.81M | $56.64M | $63.60M | $68.63M | $73.79M | $82.13M | $90.95M | $92.41M | $93.25M | $102.49M | $95.50M | $61.33M | $-34.06M | $67.41M |
| EBITDA margin | 24.8% | 21.8% | 18.1% | 15.3% | 23.5% | 28.2% | 30.9% | 33.3% | 36.7% | 37.3% | 37.2% | 38.3% | 38.1% | 34.9% | 34.6% | 41.8% | 37.1% | 16.8% | -11.0% | 17.7% |
| EBIT | $37.12M | $34.65M | $29.49M | $22.44M | $34.35M | $42.65M | $50.87M | $52.68M | $59.82M | $64.34M | $68.85M | $77.64M | $86.69M | $88.17M | $89.16M | $98.19M | $91.17M | $56.48M | $-38.82M | — |
| Interest expense | $69.66M | $76.49M | $75.15M | $63.74M | $46.06M | $36.39M | $30.36M | $24.56M | $21.61M | $21.77M | $22.99M | $30.05M | $44.12M | $64.25M | $42.49M | $16.56M | $38.48M | $171.56M | $212.23M | $164.90M |
| Income tax | $12.09M | $10.85M | $7.32M | $6.35M | $10.30M | $12.92M | $15.80M | $16.53M | $19.00M | $20.88M | $22.37M | $31.71M | $18.26M | $19.06M | $19.33M | $21.32M | $19.49M | $8.30M | $-10.76M | $15.17M |
| Effective tax rate | 32.6% | 31.3% | 24.8% | 28.3% | 30.0% | 30.3% | 31.1% | 31.4% | 31.8% | 32.4% | 32.5% | 40.8% | 21.1% | 21.6% | 21.7% | 21.7% | 21.4% | 14.7% | 27.7% | 22.5% |
| Net income | $25.03M | $23.80M | $22.17M | $16.10M | $24.05M | $29.72M | $35.07M | $36.15M | $40.82M | $43.47M | $46.48M | $45.92M | $68.43M | $69.12M | $69.83M | $76.87M | $71.68M | $48.18M | $-28.06M | $52.24M |
| Net income growth (YoY) | — | -4.9% | -6.8% | -27.4% | +49.4% | +23.6% | +18.0% | +3.1% | +12.9% | +6.5% | +6.9% | -1.2% | +49.0% | +1.0% | +1.0% | +10.1% | -6.8% | -32.8% | -158.2% | +286.2% |
| Profit margin | 14.4% | 13.1% | 11.8% | 9.2% | 14.6% | 17.9% | 19.8% | 21.3% | 23.6% | 23.6% | 23.4% | 21.4% | 28.7% | 26.1% | 25.9% | 31.3% | 27.9% | 13.2% | -9.0% | 13.7% |