Washington Trust Bancorp Inc financial data

Symbol
WASH on Nasdaq
Industry
State Commercial Banks
Location
23 Broad St, Westerly, Rhode Island
State of incorporation
Rhode Island
Fiscal year end
December 31
Latest financial report
Q1 2024 - May 7, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Debt-to-equity 1.47K % +11.2%
Return On Equity 10.1 % -32%
Return On Assets 0.65 % -38.1%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 17.1M shares +0.21%
Common Stock, Shares, Outstanding 17M shares +0.28%
Entity Public Float 450M USD -45.2%
Common Stock, Value, Issued 1.09M USD 0%
Weighted Average Number of Shares Outstanding, Basic 17M shares -0.24%
Weighted Average Number of Shares Outstanding, Diluted 17.1M shares -0.56%

Income Statement

Label TTM Value / Value Unit Change %
Revenues 192M USD -11.6%
Revenue from Contract with Customer, Excluding Assessed Tax 47.2M USD +1.79%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest 54.1M USD -37.3%
Income Tax Expense (Benefit) 7.83M USD -57.3%
Net Income (Loss) Attributable to Parent 46.3M USD -31.9%
Earnings Per Share, Basic 2.71 USD/shares -31.2%
Earnings Per Share, Diluted 2.72 USD/shares -30.4%

Balance Sheet

Label TTM Value / Value Unit Change %
Property, Plant and Equipment, Net 31.9M USD +0.62%
Operating Lease, Right-of-Use Asset 29.2M USD +11.6%
Intangible Assets, Net (Excluding Goodwill) 3.5M USD -19.3%
Goodwill 63.9M USD 0%
Assets 7.25B USD +5.69%
Liabilities 6.78B USD +6.07%
Accumulated Other Comprehensive Income (Loss), Net of Tax -149M USD -5.05%
Retained Earnings (Accumulated Deficit) 503M USD +1.6%
Stockholders' Equity Attributable to Parent 467M USD +0.42%
Liabilities and Equity 7.25B USD +5.69%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 1.95M USD -82.4%
Net Cash Provided by (Used in) Financing Activities 40.2M USD -77.2%
Net Cash Provided by (Used in) Investing Activities -26.7M USD +84%
Common Stock, Shares Authorized 60M shares 0%
Common Stock, Shares, Issued 17.4M shares 0%
Common Stock, Par or Stated Value Per Share 0.06 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 15.4M USD -22.4%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 106M USD -23.6%
Interest Paid, Excluding Capitalized Interest, Operating Activities 54.6M USD +97.9%
Deferred Tax Assets, Valuation Allowance 2.15M USD
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 77M USD +2.57%
Operating Lease, Liability 31.8M USD +11.2%
Depreciation 4.01M USD +15.6%
Payments to Acquire Property, Plant, and Equipment 4.53M USD -29.8%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 39.1M USD +587%
Lessee, Operating Lease, Liability, to be Paid 40.9M USD +9.74%
Property, Plant and Equipment, Gross 78.6M USD +1.37%
Operating Lease, Liability, Current 3.1M USD -6.06%
Lessee, Operating Lease, Liability, to be Paid, Year Two 3.7M USD -8.5%
Operating Lease, Weighted Average Discount Rate, Percent 0.04 pure 0%
Deferred Income Tax Expense (Benefit) -3.69M USD -418%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 8.85M USD +15%
Lessee, Operating Lease, Liability, to be Paid, Year Three 3.46M USD +3.87%
Deferred Federal Income Tax Expense (Benefit) 412K USD -59.3%
Current Income Tax Expense (Benefit) 12M USD -34.6%
Unrecognized Tax Benefits 0 USD
Lessee, Operating Lease, Liability, to be Paid, Year Four 2.92M USD +7.28%
Operating Lease, Payments 4.28M USD +4.88%
Current State and Local Tax Expense (Benefit) 1.5M USD -31.8%
Current Federal Tax Expense (Benefit) 10.5M USD -34.9%
Amortization of Intangible Assets 839K USD -1.87%
Depreciation, Depletion and Amortization 4.87M USD +9.27%
Deferred Tax Assets, Net of Valuation Allowance 74.8M USD -0.3%
Share-based Payment Arrangement, Expense 2.06M USD -36.4%
Deferred State and Local Income Tax Expense (Benefit) -4.1M USD -2872%
Interest Expense 194M USD +191%