Stocks · Financials · State Commercial Banks

WASHINGTON TRUST BANCORP INC

WASH Clue Score52
United States Fiscal year ends December CIK 0000737468
$37.28 +0.57% Close, 12 Oct 2026
Price $37.28 −31.98% Close, 12 Oct 2026

Closing prices at the end of each trading day, from 13 Oct 2016. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueNet income
Fiscal year 2016Revenue175.6Net income46.5EPS, diluted2.70Fiscal year 2017Revenue48.0 −72.7%Net income45.9 −1.2%EPS, diluted2.64 −2.2%Fiscal year 2018Revenue47.1 −1.9%Net income68.4 +49.0%EPS, diluted3.93 +48.9%Fiscal year 2019Revenue45.9 −2.4%Net income69.1 +1.0%EPS, diluted3.96 +0.8%Fiscal year 2020Revenue45.2 −1.7%Net income69.8 +1.0%EPS, diluted4.00 +1.0%Fiscal year 2021Revenue51.1 +13.2%Net income76.9 +10.1%EPS, diluted4.39 +9.7%Fiscal year 2022Revenue48.2 −5.8%Net income71.7 −6.8%EPS, diluted4.11 −6.4%Fiscal year 2023Revenue44.5 −7.6%Net income48.2 −32.8%EPS, diluted2.82 −31.4%Fiscal year 2024Revenue48.2 +8.4%Net income−28.1 −158.2%EPS, diluted−1.63 −157.8%Fiscal year 2025Revenue57.7 +19.7%Net income52.2EPS, diluted2.71
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 175.6 48.0 47.1 45.9 45.2 51.1 48.2 44.5 48.2 57.7
Growth −72.7% −1.9% −2.4% −1.7% +13.2% −5.8% −7.6% +8.4% +19.7%
Net income 46.5 45.9 68.4 69.1 69.8 76.9 71.7 48.2 −28.1 52.2
Growth −1.2% +49.0% +1.0% +1.0% +10.1% −6.8% −32.8% −158.2%
EPS, diluted 2.70 2.64 3.93 3.96 4.00 4.39 4.11 2.82 −1.63 2.71
Growth −2.2% +48.9% +0.8% +1.0% +9.7% −6.4% −31.4% −157.8%

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Net margin
Fiscal year 2016Net margin26.5%Free cash flow margin32.3%Fiscal year 2017Net margin95.7%Free cash flow margin118.0%Fiscal year 2018Net margin145.4%Free cash flow margin167.6%Fiscal year 2019Net margin150.5%Free cash flow margin153.1%Fiscal year 2020Net margin154.7%Free cash flow margin73.2%Fiscal year 2021Net margin150.4%Free cash flow margin190.4%Fiscal year 2022Net margin148.9%Free cash flow margin221.9%Fiscal year 2023Net margin108.3%Free cash flow margin59.7%Fiscal year 2024Net margin−58.2%Free cash flow margin111.3%Fiscal year 2025Net margin90.5%Free cash flow margin135.6%
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Net margin 26.5% 95.7% 145.4% 150.5% 154.7% 150.4% 148.9% 108.3% −58.2% 90.5%
Free cash flow margin 32.3% 118.0% 167.6% 153.1% 73.2% 190.4% 221.9% 59.7% 111.3% 135.6%

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow59.7Capital expenditure−3.1Free cash flow56.6Dividends paid−24.6Fiscal year 2017Operating cash flow59.4Capital expenditure−2.8Free cash flow56.6 −0.1%Dividends paid−26.3Fiscal year 2018Operating cash flow82.9Capital expenditure−4.0Free cash flow78.9 +39.4%Buybacks0.0Dividends paid−29.3Fiscal year 2019Operating cash flow73.4Capital expenditure−3.1Free cash flow70.3 −10.9%Buybacks0.0Dividends paid−34.2Fiscal year 2020Operating cash flow36.5Capital expenditure−3.4Free cash flow33.1 −53.0%Buybacks−4.3Dividends paid−35.5Fiscal year 2021Operating cash flow100.8Capital expenditure−3.5Free cash flow97.3 +194.3%Buybacks0.0Dividends paid−36.3Fiscal year 2022Operating cash flow113.0Capital expenditure−6.1Free cash flow106.9 +9.8%Buybacks−9.5Dividends paid−37.6Fiscal year 2023Operating cash flow31.6Capital expenditure−5.0Free cash flow26.6 −75.2%Buybacks−8.8Dividends paid−38.6Fiscal year 2024Operating cash flow57.7Capital expenditure−4.0Free cash flow53.7 +102.1%Buybacks0.0Dividends paid−38.4Fiscal year 2025Operating cash flow80.3Capital expenditure−2.0Free cash flow78.3 +45.9%Buybacks−7.4Dividends paid−43.3
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow 59.7 59.4 82.9 73.4 36.5 100.8 113.0 31.6 57.7 80.3
Capital expenditure −3.1 −2.8 −4.0 −3.1 −3.4 −3.5 −6.1 −5.0 −4.0 −2.0
Free cash flow 56.6 56.6 78.9 70.3 33.1 97.3 106.9 26.6 53.7 78.3
Growth −0.1% +39.4% −10.9% −53.0% +194.3% +9.8% −75.2% +102.1% +45.9%
Buybacks n/a n/a 0.0 0.0 −4.3 0.0 −9.5 −8.8 0.0 −7.4
Dividends paid −24.6 −26.3 −29.3 −34.2 −35.5 −36.3 −37.6 −38.6 −38.4 −43.3

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
Cash
Fiscal year 2016Cash107.8Shareholders’ equity390.8Fiscal year 2017Cash82.9Shareholders’ equity413.3Fiscal year 2018Cash93.5Shareholders’ equity448.2Fiscal year 2019Cash138.5Shareholders’ equity503.5Fiscal year 2020Cash202.3Shareholders’ equity534.2Fiscal year 2021Cash178.5Shareholders’ equity564.8Fiscal year 2022Cash118.4Shareholders’ equity453.7Fiscal year 2023Cash90.2Shareholders’ equity472.7Fiscal year 2024Cash113.9Shareholders’ equity499.7Fiscal year 2025Cash103.7Shareholders’ equity543.6
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 107.8 82.9 93.5 138.5 202.3 178.5 118.4 90.2 113.9 103.7
Shareholders’ equity 390.8 413.3 448.2 503.5 534.2 564.8 453.7 472.7 499.7 543.6

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
175.6 48.0 47.1 45.9 45.2 51.1 48.2 44.5 48.2 57.7
Growth −72.7% −1.9% −2.4% −1.7% +13.2% −5.8% −7.6% +8.4% +19.7%
68.9 77.6 86.7 88.2 89.2 98.2 91.2 56.5 −38.8 67.4
22.4 31.7 18.3 19.1 19.3 21.3 19.5 8.3 −10.8 15.2
46.5 45.9 68.4 69.1 69.8 76.9 71.7 48.2 −28.1 52.2
Growth −1.2% +49.0% +1.0% +1.0% +10.1% −6.8% −32.8% −158.2%
Per share
2.72 2.66 3.95 3.98 4.03 4.43 4.14 2.82 −1.63 2.72
2.70 2.64 3.93 3.96 4.00 4.39 4.11 2.82 −1.63 2.71
Growth −2.2% +48.9% +0.8% +1.0% +9.7% −6.4% −31.4% −157.8%
17.1 17.2 17.3 17.3 17.3 17.3 17.2 17.0 17.1 19.2
17.2 17.3 17.4 17.4 17.4 17.5 17.4 17.1 17.1 19.3
Growth +0.8% +0.3% +0.1% −0.1% +0.3% −0.4% −1.8% +0.5% +12.4%

Five years in brief

Worked out from the figures above, not from a press release
  • Revenue grew 5.0% a year over five years, and earnings per share fell 7.5% a year.
  • The diluted share count rose 10.8% in five years, which is dilution.
  • A net loss in 1 of 10 years on file.