# Washington Trust Bancorp Inc. (WASH)

**Exchange:** NASDAQ  
**Sector:** Financial Services  
**Market cap:** $674M  
**Price:** $34.95 (+0.58%)

> Washington Trust Bancorp Inc. is a bank holding company that provides a comprehensive range of financial services to individuals and businesses. It specializes in commercial banking, personal banking, mortgage banking, wealth management, and trust services through its subsidiaries. The company operates primarily in two segments: Commercial Banking, which encompasses commercial loans, residential real estate loans, consumer lending, deposit generation, cash management, and direct banking activities including ATMs, telephone, internet banking, and customer support; and Wealth Management Services, which offers investment management, financial planning, personal trust and estate services such as acting as trustee, personal representative, custodian, guardian, and handling estate settlements, along with institutional trust services. Washington Trust Bancorp Inc. serves customers across Rhode Island, Connecticut, and Massachusetts, focusing on regional banking needs in the financial services sector, particularly within banks-regional. Founded in 1984 and headquartered in Westerly, Rhode Island, it plays a key role in supporting local communities with tailored lending, deposit, and fiduciary solutions.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $58M | — | — | $52M | — |
| 2024 | $48M | — | — | -$28M | — |
| 2023 | $44M | — | — | $48M | — |
| 2022 | $48M | — | — | $72M | — |
| 2021 | $51M | — | — | $77M | — |
| 2020 | $45M | — | — | $70M | — |
| 2019 | $46M | — | — | $69M | — |
| 2018 | $47M | — | — | $68M | — |
| 2017 | $48M | — | — | $46M | — |
| 2016 | $176M | — | — | $46M | — |
| 2015 | $126M | — | — | $43M | — |
| 2014 | $121M | — | — | $41M | — |
| 2013 | $154M | — | — | $36M | — |
| 2012 | $156M | — | — | $35M | — |
| 2011 | $138M | — | — | $30M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $6.62B | $6.08B | $544M | — | — |
| 2024 | $6.93B | $6.43B | $500M | — | — |
| 2023 | $7.20B | $6.73B | $473M | — | — |
| 2022 | $6.66B | $6.21B | $454M | — | — |
| 2021 | $5.85B | $5.29B | $565M | — | — |
| 2020 | $5.71B | $5.18B | $534M | — | — |
| 2019 | $5.29B | $4.79B | $503M | $138M | — |
| 2018 | $5.01B | $4.56B | $448M | $93M | — |
| 2017 | $4.53B | $4.12B | $413M | $83M | — |
| 2016 | $4.38B | $3.99B | $391M | $108M | — |
| 2015 | $3.77B | $3.40B | $375M | $98M | — |
| 2014 | $3.59B | $3.24B | $346M | $80M | — |
| 2013 | $3.19B | $2.86B | $330M | $85M | — |
| 2012 | $3.07B | $2.78B | $296M | $93M | — |
| 2011 | $3.06B | $2.78B | $281M | $87M | — |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $80M | $2M | $78M |
| 2024 | $58M | $4M | $54M |
| 2023 | $32M | $5M | $27M |
| 2022 | $113M | $6M | $107M |
| 2021 | $101M | $3M | $97M |
| 2020 | $36M | $3M | $33M |
| 2019 | $73M | $3M | $70M |
| 2018 | $83M | $4M | $79M |
| 2017 | $59M | $3M | $57M |
| 2016 | $60M | $3M | $57M |
| 2015 | $52M | $5M | $47M |
| 2014 | $3M | $5M | -$3M |
| 2013 | $80M | $1M | $78M |
| 2012 | $5M | $5M | $357,000 |
| 2011 | $37M | $4M | $34M |

Source: [CompaniesByCap](https://companiesbycap.com/company/WASH)