Washington Trust Bancorp
Income Statement

Last updated:

Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. Washington Trust Bancorp's past years’ income statements indicate that its last revenue has decreased compared to the previous period by 13% to $190,038,000. Profit margin reached 25%. Total operating expenses were $117,386,000.

Profit Margin

Washington Trust Bancorp, Inc. (NASDAQ:WASH): Profit margin
2014 151.48M 40.82M 26.95%
2015 162.61M 43.46M 26.73%
2016 175.96M 46.48M 26.42%
2017 184.34M 45.92M 24.91%
2018 194.40M 68.43M 35.2%
2019 200.49M 69.11M 34.47%
2020 226.88M 69.82M 30.78%
2021 228.82M 76.87M 33.59%
2022 218.59M 71.68M 32.79%
2023 190.03M 48.17M 25.35%

WASH Income Statement (2014 – 2023)

2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Revenue
Revenue
190.03M218.59M228.82M226.88M200.49M194.40M184.34M175.96M162.61M151.48M
Cost of revenue
-173.37M000000000
Gross profit
363.40M218.59M228.82M226.88M200.49M194.40M184.34M175.96M162.61M151.48M
Operating exp.
Research and development
0000000000
Selling and marketing
2.56M2.58M1.84M1.46M1.53M1.40M1.48M1.45M1.52M1.54M
Total operating expenses
117.38M5.71M-130.64M-137.72M-112.31M-63.59M-73.19M-80.46M-73.12M-66.91M
Operating income
72.65M129.64M98.18M89.16M88.17M130.80M111.14M95.49M89.49M84.56M
Other income (expenses), net
-16.17M-38.47M98.18M-13.52M88.17M-44.11M-11.63M-26.64M-11.99M-12.47M
Income before tax
56.48M91.17M98.18M89.16M88.17M86.69M77.64M68.85M64.34M59.82M
Income tax expense
8.30M19.48M21.31M19.33M19.06M18.26M31.71M22.37M20.87M18.99M
Net income
48.17M71.68M76.87M69.82M69.11M68.43M45.92M46.48M43.46M40.82M
Earnings per share
Basic EPS
2.824.144.434.033.983.962.662.722.572.44
Diluted EPS
2.824.114.3943.963.932.642.72.542.41
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