Washington Trust Bancorp Inc (WASH) Financial Statements
Industry: State Commercial Banks
In fiscal 2025, Washington Trust Bancorp reported revenue of $229.0M, up 127.6% from $100.7M the year before. Net income was $52.2M (a 22.8% net margin), or $2.71 per diluted share. Net interest income was $153.2M, and the efficiency ratio (noninterest expense / revenue) was 66.6%. Operating activities generated $80.3M of cash, leaving $78.3M of free cash flow. At fiscal year end, Washington Trust Bancorp held $6.62B in total assets against $6.08B in total liabilities.
Open the full interactive Washington Trust Bancorp financials → Quarterly statements, key ratios, valuation history and price charts.
Washington Trust Bancorp Key Stats
| Share Price | $37.07 |
|---|---|
| Market Cap | $711.9M |
| P/E Ratio | 13.7 |
| Dividend Yield | 6.06% |
| Revenue YoY Growth | +127.6% |
| 52-Week Range | $23.82 – $39.67 |
| Shares Outstanding | 19.1 million (basic, 2026 Q2) |
Washington Trust Bancorp Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Net Interest Income | $127.4M | $141.4M | $156.0M | $137.1M | $128.4M | $153.2M |
| Provision for Credit Losses | $11.7M | -$4.6M | -$1.4M | $3.5M | $2.4M | $9.2M |
| Noninterest Income | $99.4M | $87.4M | $62.6M | $56.1M | -$27.8M | $75.9M |
| Noninterest Expense | $125.4M | $135.5M | $128.7M | $133.6M | $137.1M | $152.4M |
| Revenue | $226.9M | $228.8M | $218.6M | $193.2M | $100.7M | $229.0M |
| Pre-Tax Income | $89.2M | $98.2M | $91.2M | $56.5M | -$38.8M | $67.4M |
| Income Tax | $19.3M | $21.3M | $19.5M | $8.3M | -$10.8M | $15.2M |
| Net Income | $69.8M | $76.9M | $71.7M | $48.2M | -$28.1M | $52.2M |
| Diluted EPS | $4.00 | $4.39 | $4.11 | $2.82 | -$1.63 | $2.71 |
Washington Trust Bancorp Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $56.5M | $59.3M | $57.8M | $60.5M |
| Net Income | $10.8M | $16.0M | $12.6M | $16.0M |
| Diluted EPS | $0.56 | $0.83 | $0.66 | $0.83 |
Washington Trust Bancorp Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Loans (Net) | $4.15B | $4.23B | $5.07B | $5.61B | — | — |
| Total Assets | $5.71B | $5.85B | $6.66B | $7.20B | $6.93B | $6.62B |
| Deposits | $4.38B | $4.98B | $5.02B | $5.35B | $5.12B | $5.27B |
| Total Long-Term Debt | $616.5M | $167.7M | $1.00B | $1.21B | $1.15B | $648.7M |
| Total Liabilities | $5.18B | $5.29B | $6.21B | $6.73B | $6.43B | $6.08B |
| Shareholders' Equity | $534.2M | $564.8M | $453.7M | $472.7M | $499.7M | $543.6M |
Washington Trust Bancorp Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $36.5M | $100.8M | $113.0M | $31.6M | $57.7M | $80.3M |
| Cash From Investing | -$264.2M | -$240.9M | -$999.0M | -$550.8M | $231.3M | $305.4M |
| Cash From Financing | $291.6M | $116.3M | $826.0M | $491.0M | -$265.3M | -$395.9M |
| Free Cash Flow | $33.1M | $97.3M | $106.9M | $26.6M | $53.7M | $78.3M |
| Dividends Paid | $35.5M | $36.3M | $37.6M | $38.6M | $38.4M | $43.3M |
Figures from Washington Trust Bancorp's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Washington Trust Bancorp financials page for every line item.
Washington Trust Bancorp Company Profile
| Ticker | WASH |
|---|---|
| Exchange | Nasdaq |
| Industry | State Commercial Banks |
| Headquarters | Westerly, Rhode Island |
| Incorporated in | Rhode Island |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer |
| SEC CIK | 0000737468 |
Frequently Asked Questions
What was Washington Trust Bancorp's revenue in fiscal 2025?
Washington Trust Bancorp (WASH) reported revenue of $229.0M for fiscal 2025.
What is Washington Trust Bancorp's annual revenue history?
Washington Trust Bancorp's annual revenue by fiscal year: 2020: $226.9M; 2021: $228.8M; 2022: $218.6M; 2023: $193.2M; 2024: $100.7M; 2025: $229.0M.
What was Washington Trust Bancorp's net income in fiscal 2025?
Washington Trust Bancorp reported net income of $52.2M for fiscal 2025.
What was Washington Trust Bancorp's earnings per share (EPS) in fiscal 2025?
Washington Trust Bancorp's diluted EPS was $2.71 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Washington Trust Bancorp generate in fiscal 2025?
Washington Trust Bancorp generated $78.3M of free cash flow in fiscal 2025.
What was Washington Trust Bancorp's revenue last quarter?
In its most recent reported quarter (2026 Q2), Washington Trust Bancorp reported revenue of $60.5M.
How much debt does Washington Trust Bancorp have?
Washington Trust Bancorp reported $648.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Washington Trust Bancorp are outstanding?
Washington Trust Bancorp reported a weighted average of 19.1 million basic shares outstanding in 2026 Q2.
What is Washington Trust Bancorp's market cap?
Based on its latest closing price, Washington Trust Bancorp (WASH) has a market capitalization of about $711.9M.
When does Washington Trust Bancorp's fiscal year end?
Washington Trust Bancorp's fiscal year end, as registered with the SEC, is December 31.
Where is Washington Trust Bancorp headquartered?
Washington Trust Bancorp lists its business address in Westerly, Rhode Island in its SEC filings.