Washington Trust Bancorp financials
$38.49−0.95%
Close Sep 28, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $394.0M | $312.9M | $364.8M | $257.1M | $245.4M | $269.4M | $264.7M | $238.5M | $214.4M | $198.6M |
| Gross profit | $229.0M | $100.7M | $193.2M | $218.6M | $228.8M | $226.9M | $200.5M | $194.4M | $184.3M | $175.6M |
| Gross margin | 58.1% | 32.2% | 53.0% | 85.0% | 93.3% | 84.2% | 75.7% | 81.5% | 86.0% | 88.4% |
| Operating income | $67.4M | -$38.8M | $56.5M | $91.2M | $98.2M | $89.2M | $88.2M | $86.7M | $77.6M | $68.9M |
| Net income | $52.2M | -$28.0M | $48.1M | $71.5M | $76.6M | $69.7M | $69.1M | $68.4M | $45.9M | $46.5M |
| Net margin | 13.3% | −9.0% | 13.2% | 27.8% | 31.2% | 25.9% | 26.1% | 28.7% | 21.4% | 23.4% |
| Diluted EPS | $2.71 | $-1.63 | $2.82 | $4.11 | $4.39 | $4.00 | $3.96 | $3.93 | $2.64 | $2.70 |
| EBITDA | $67.4M | -$38.8M | $56.5M | $91.2M | $98.2M | $90.6M | $88.2M | $86.5M | $77.0M | $68.4M |
| Operating cash flow | $80.3M | $57.7M | $31.6M | $113.0M | $100.8M | $36.6M | $73.2M | $82.9M | $58.9M | $58.7M |
| Free cash flow | $70.5M | $55.3M | $26.6M | $106.9M | $97.3M | $33.2M | $70.3M | $78.9M | $56.1M | $55.6M |
| Diluted shares | 19.3M | 17.1M | 17.1M | 17.4M | 17.5M | 17.4M | 17.4M | 17.4M | 17.3M | 17.2M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $29.5M | $21.5M | $55.0M | $115.5M | $175.3M | $194.1M |
| Short-term investments | $1.04B | $1.06B | $1.09B | $1.04B | $1.06B | $933.0M |
| Total debt | $648.7M | $1.15B | $1.21B | $1.00B | $167.7M | $616.5M |
| Total assets | $6.62B | $6.93B | $7.20B | $6.66B | $5.85B | $5.71B |
| Total liabilities | $6.08B | $6.43B | $6.73B | $6.21B | $5.29B | $5.18B |
| Shareholders' equity | $543.6M | $499.7M | $472.7M | $453.7M | $564.8M | $534.2M |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology