WASH · Washington Trust Bancorp Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $57.83M | - | $56.47M | $54.26M | $59.06M | - | $48.53M | $48.24M | $48.83M | - |
| Cost of Revenue | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | - | - | - | - | - | - | - | - | - | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | - | - | - | - | - | - | - | - | - | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $807.0K | - | $852.0K | $876.0K | $894.0K | - | $1.18M | $1.20M | $1.21M | - |
| Operating Income | $16.06M | - | $13.94M | $17.13M | $15.67M | - | $13.83M | $13.84M | $13.77M | - |
| Interest Expense | - | - | - | - | - | - | $55.32M | $54.41M | $53.59M | - |
| Income Tax | $3.46M | - | $3.10M | $3.89M | $3.49M | - | $2.85M | $3.02M | $2.83M | - |
| Net Income | $12.60M | - | $10.85M | $13.24M | $12.18M | - | $10.98M | $10.81M | $10.94M | - |
| EPS - Basic | $0.66 | - | $0.57 | $0.69 | $0.63 | - | $0.64 | $0.63 | $0.64 | - |
| EPS - Diluted | $0.66 | - | $0.56 | $0.68 | $0.63 | - | $0.64 | $0.63 | $0.64 | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $100.18M | $103.73M | $192.33M | $167.72M | $120.24M | $113.89M | $210.74M | $107.53M | $105.59M | $90.18M |
| Accounts Receivable | - | - | - | - | - | - | - | - | - | - |
| Inventory | - | - | - | - | - | - | - | - | - | - |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | - | - | - | - | - | - | - | - | - | - |
| Total Assets | $6.46B | $6.62B | $6.72B | $6.75B | $6.59B | $6.93B | $7.14B | $7.18B | $7.25B | $7.20B |
| Current Liabilities | - | - | - | - | - | - | - | - | - | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $5.91B | $6.08B | $6.18B | $6.22B | $6.06B | $6.43B | $6.64B | $6.71B | $6.78B | $6.73B |
| Stockholders' Equity | $546.77M | $543.58M | $533.02M | $527.52M | $521.68M | $499.73M | $502.23M | $470.96M | $466.92M | $472.69M |
| Retained Earnings | $444.51M | $442.74M | $437.55M | $437.52M | $435.23M | $434.01M | $505.65M | $504.35M | $503.18M | $501.92M |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $16.14M | - | - | - | $8.45M | - | - | - | $1.95M | - |
| Investing Cash Flow | $146.47M | - | - | - | $358.96M | - | - | - | ($26.71M) | - |
| Financing Cash Flow | ($166.15M) | - | - | - | ($361.06M) | - | - | - | $40.17M | - |
| CapEx | $1.31M | - | - | - | $88.0K | - | - | - | $626.0K | - |
| Free Cash Flow | $14.83M | - | - | - | $8.36M | - | - | - | $1.32M | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | - | - | - | - | - | - | - | - | - | - |
| Operating margin | 27.8% | - | 24.7% | 31.6% | 26.5% | - | 28.5% | 28.7% | 28.2% | - |
| EBITDA margin | 29.2% | - | 26.2% | 33.2% | 28.0% | - | 30.9% | 31.2% | 30.7% | - |
| Net margin | 21.8% | - | 19.2% | 24.4% | 20.6% | - | 22.6% | 22.4% | 22.4% | - |
| Free cash flow margin | 25.6% | - | - | - | 14.2% | - | - | - | 2.7% | - |
| FCF / Net income | 1.18 | - | - | - | 0.69 | - | - | - | 0.12 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | - | - | - | - | - | - | - | - | - | - |
| Effective tax rate | 21.6% | - | 22.2% | 22.7% | 22.3% | - | 20.6% | 21.8% | 20.6% | - |
| Return on assets | 0.2% | - | 0.2% | 0.2% | 0.2% | - | 0.2% | 0.2% | 0.2% | - |
| Return on equity | 2.3% | - | 2.0% | 2.5% | 2.3% | - | 2.2% | 2.3% | 2.3% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | - | - | - | - | - | - | - | - | - | - |
| Quick ratio | - | - | - | - | - | - | - | - | - | - |
| Cash ratio | - | - | - | - | - | - | - | - | - | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | 0.2x | 0.3x | 0.3x | - |
| Equity multiplier | 11.81 | 12.18 | 12.60 | 12.79 | 12.62 | 13.87 | 14.22 | 15.25 | 15.53 | 15.24 |
| Liabilities / Assets | 0.92 | 0.92 | 0.92 | 0.92 | 0.92 | 0.93 | 0.93 | 0.93 | 0.94 | 0.93 |
| Efficiency | ||||||||||
| Asset turnover | 0.01 | - | 0.01 | 0.01 | 0.01 | - | 0.01 | 0.01 | 0.01 | - |
| Inventory turnover | - | - | - | - | - | - | - | - | - | - |
| Days sales outstanding | - | - | - | - | - | - | - | - | - | - |
| Days inventory outstanding | - | - | - | - | - | - | - | - | - | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | 50.7x | - | 51.6x | 41.6x | 49.0x | - | 50.3x | 43.5x | 42.0x | - |
| P / B | 1.2x | - | 1.0x | 1.0x | 1.1x | - | 1.1x | 1.0x | 1.0x | - |
| P / S | 11.1x | - | 9.8x | 10.1x | 10.1x | - | 11.4x | 9.7x | 9.4x | - |
| EV / EBITDA | 32.1x | - | 24.6x | 21.1x | 28.8x | - | 22.7x | 24.0x | 23.6x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -2.1% | - | 16.3% | 12.5% | 21.0% | - | -0.9% | 0.9% | -3.3% | - |
| Revenue CAGR (3y) | 4.6% | - | -0.8% | 0.6% | 4.2% | - | -5.0% | -4.5% | -6.0% | - |
| Revenue CAGR (5y) | -0.3% | - | -0.2% | -1.1% | 2.4% | - | -1.1% | -1.0% | -0.5% | - |
| Gross profit growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| Operating income growth (YoY) | 2.5% | - | 0.8% | 23.8% | 13.8% | - | -1.8% | -1.9% | -14.6% | - |
| Net income growth (YoY) | 3.5% | - | -1.2% | 22.5% | 11.4% | - | -1.6% | -3.9% | -14.6% | - |
| EPS growth (YoY) | 4.8% | - | -12.5% | 7.9% | -1.6% | - | -1.5% | -4.5% | -13.5% | - |
| EPS CAGR (3y) | -3.7% | - | -19.7% | -15.8% | -12.5% | - | -15.7% | -14.3% | -18.2% | - |
| EPS CAGR (5y) | -10.8% | - | -12.0% | -10.9% | -1.5% | - | -9.9% | -8.6% | -8.5% | - |
| FCF growth (YoY) | 77.3% | - | - | - | 532.5% | - | - | - | -86.7% | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | -41.5% | - |
| Book value growth (YoY) | 4.8% | 8.8% | 6.1% | 12.0% | 11.7% | 5.7% | 16.4% | 2.6% | 0.4% | 4.2% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Product / service
$173.23M totalTotalnoninterestincomeinscopeof Topic606$57.74M · 33.3%
Totalrevenuesinscopeof Topic606$57.74M · 33.3%
Investment Advisory Management And Administrative Service$41.24M · 23.8%
Gain On Sale Of Bank Owned Properties Net$6.99M · 4.0%
Card Interchange Fees$5.14M · 3.0%
Deposit Account$3.24M · 1.9%
Other Noninterest Income$1.14M · 0.7%
Peer comparison
Same SIC group: State Commercial Banks
Comparing WASHINGTON TRUST BANCORP INC against the 5 most active filers in the same SIC group.
Dividends
$2.24/share trailing 12 months · 0.0% YoY
| Ex-date | Per share |
|---|---|
| Apr 1, 2026 | $0.5600 |
| Jan 2, 2026 | $0.5600 |
| Oct 1, 2025 | $0.5600 |
| Jul 1, 2025 | $0.5600 |
| Apr 1, 2025 | $0.5600 |
| Jan 2, 2025 | $0.5600 |
| Oct 1, 2024 | $0.5600 |
| Jul 1, 2024 | $0.5600 |
| Mar 28, 2024 | $0.5600 |
| Dec 29, 2023 | $0.5600 |
| Sep 29, 2023 | $0.5600 |
| Jun 30, 2023 | $0.5600 |
| Mar 31, 2023 | $0.5600 |
| Dec 30, 2022 | $0.5600 |
| Sep 30, 2022 | $0.5400 |
| Jun 30, 2022 | $0.5400 |
| Mar 31, 2022 | $0.5400 |
| Dec 31, 2021 | $0.5400 |
| Sep 30, 2021 | $0.5200 |
| Jun 30, 2021 | $0.5200 |
| Mar 31, 2021 | $0.5200 |
| Dec 31, 2020 | $0.5200 |
| Sep 30, 2020 | $0.5100 |
| Jun 30, 2020 | $0.5100 |