WASHINGTON TRUST BANCORP INC

Annual Trend FY 2016 FY 2017 FY 2018 FY 2019 FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025
Total Revenue $110.5m $119.5m $194.4m $45.9m $45.2m $51.1m $48.2m $44.5m $48.2m $57.7m
Interest income:
Noninterest income:
Additional Financial Items
Other Interest and Dividend Income $322k $674k $1.0m $1.7m $459k $181k $1.6m $5.0m $7.0m $5.8m
Bank Owned Life Insurance Income $2.7m $2.2m $2.2m $2.4m $2.5m $2.9m $2.6m $3.5m $3.0m $3.3m
Amortization of Intangible Assets $1.3m $1.0m $979k $943k $914k $890k $860k $843k $826k $762k
Debt and Equity Securities, Gain (Loss) ($53k) $0 $0 ($31.0m) $0
Goodwill, Impairment Loss $150k $0 $0
Income (Loss) from Continuing Operations before Income Taxes, Domestic $67.4m
Income (Loss) from Equity Method Investments ($354k)
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest $98.2m $91.2m $56.5m ($38.8m) $67.4m
Gain (Loss) on Derivative Instruments, Net, Pretax $3.2m $3.2m $2.5m $4.0m $4.0m $4.3m $2.8m $1.4m $467k $2.1m
Net Income (Loss) Attributable to Parent $46.5m $45.9m $68.4m $69.1m $69.8m $76.9m $71.7m $48.2m ($28.1m) $52.2m
Net Income (Loss) Available to Common Stockholders, Basic $46.4m $45.8m $68.3m $69.0m $69.7m $76.6m $71.5m $48.1m ($28.0m) $52.2m
Earnings Per Share, Basic $2.72 $2.66 $3.95 $3.98 $4.03 $4.43 $4.14 $2.82 ($1.63) $2.72
Earnings Per Share, Diluted $2.70 $2.64 $3.93 $3.96 $4.00 $4.39 $4.11 $2.82 ($1.63) $2.71
Common Stock, Dividends, Per Share, Declared $1.46 $1.54 $1.76 $2.00 $2.05 $2.10 $2.18 $2.24 $2.24 $2.24
Weighted Average Number of Shares Outstanding, Basic 17.1m 17.2m 17.3m 17.3m 17.3m 17.3m 17.2m 17.0m 17.1m 19.2m
Weighted Average Number of Shares Outstanding, Diluted 17.2m 17.3m 17.4m 17.4m 17.4m 17.5m 17.4m 17.1m 17.1m 19.3m
Noninterest expense:
Labor and Related Expense $67.2m $68.5m $69.3m $72.8m $82.9m $87.3m $83.8m $82.5m $86.3m $91.8m
Equipment Expense $6.2m $5.4m $4.3m $4.1m $3.8m $3.9m $3.8m $4.3m $3.8m $3.6m
Marketing and Advertising Expense $1.5m $1.5m $1.4m $1.5m $1.5m $1.8m $2.6m $2.6m $2.6m $2.9m
Business Combination, Acquisition Related Costs $0 $0
Current Income Tax Expense (Benefit) $21.5m $26.0m $18.3m $20.6m $22.5m $19.2m $18.3m $12.0m $6.0m $2.6m
Financing Receivable Transfer To Held For Sale Valuation Allowance Expense $62.9m $0
Interest Expense $23.0m $30.1m $44.1m $64.2m $42.5m $16.6m $38.5m $171.6m
Other Expenses $18.3m
Income Tax Expense (Benefit) $22.4m $31.7m $18.3m $19.1m $19.3m $21.3m $19.5m $8.3m ($10.8m) $15.2m
Total interest expense $212.2m $164.9m
Interest Income (Expense), Net $110.5m $119.5m $132.3m $133.4m $127.4m $141.4m $156.0m $137.1m $128.4m $153.2m