Washington Trust Bancorp Inc income statement
In fiscal 2025, Washington Trust Bancorp Inc reported revenue of $229m, up 127.6% on the year before and net income of $52.2m, or $2.71 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 109 | 126 | 138 | 156 | 154 | 159 | 162 | 176 | 184 | 194 | 200 | 227 | 229 | 219 | 193 | 101 | 229 | 234 |
| Interest expense | 64 | 46 | 36 | 30 | 25 | 22 | 22 | 23 | 30 | 44 | 64 | 42 | 17 | 38 | 172 | — | — | — |
| Net interest income | 66 | 77 | 85 | 91 | 92 | 100 | 104 | 110 | 120 | 132 | 133 | 127 | 141 | 156 | 137 | 128 | 153 | 162 |
| Non-interest income | 43 | 48 | 53 | 65 | 62 | 59 | 58 | 65 | 65 | 62 | 67 | 99 | 87 | 63 | 56 | −28 | 76 | 72 |
| Non-interest expense | 78 | 85 | 90 | 102 | 99 | 97 | 97 | 101 | 104 | 106 | 111 | 125 | 135 | 129 | 134 | 137 | 152 | 150 |
| Provision for credit losses | 9 | 6 | 5 | 3 | 2 | 2 | 1 | 6 | 3 | 2 | 2 | 12 | −5 | −1 | 3 | 2 | 9 | 13 |
| Income before tax | 22 | 34 | 43 | 51 | 53 | 60 | 64 | 69 | 78 | 87 | 88 | 89 | 98 | 91 | 56 | −39 | 67 | 71 |
| Income tax | 6 | 10 | 13 | 16 | 17 | 19 | 21 | 22 | 32 | 18 | 19 | 19 | 21 | 19 | 8 | −11 | 15 | 16 |
| Net income | 16 | 24 | 30 | 35 | 36 | 41 | 43 | 46 | 46 | 68 | 69 | 70 | 77 | 72 | 48 | −28 | 52 | 55 |
| Diluted EPS | $1.00 | $1.49 | $1.82 | $2.13 | $2.16 | $2.41 | $2.54 | $2.70 | $2.64 | $3.93 | $3.96 | $4.00 | $4.39 | $4.11 | $2.82 | −$1.63 | $2.71 | $2.89 |
| Diluted shares (average) | 16m | 16m | 16m | 16m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 17m | 19m | 19m |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 49 | −45 | 59 | 54 | 56 | 59 | 58 | 60 |
| Interest expense | 55 | — | — | — | — | — | — | — |
| Net interest income | 32 | 33 | 36 | 37 | 39 | 41 | 41 | 42 |
| Non-interest income | 16 | −78 | 23 | 17 | 18 | 19 | 17 | 19 |
| Non-interest expense | 35 | 34 | 42 | 37 | 36 | 38 | 38 | 39 |
| Provision for credit losses | 0 | 1 | 1 | 1 | 7 | 1 | 4 | 2 |
| Income before tax | 14 | −80 | 16 | 17 | 14 | 21 | 16 | 20 |
| Income tax | 3 | −19 | 3 | 4 | 3 | 5 | 3 | 4 |
| Net income | 11 | −61 | 12 | 13 | 11 | 16 | 13 | 16 |
| Diluted EPS | $0.64 | −$3.54 | $0.63 | $0.68 | $0.56 | $0.83 | $0.66 | $0.83 |
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