Washington Trust Bancorp WASH Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Net Income by Business | |||||
| Banking | $45.19M+216% | -$38.82M-188% | $43.87M-33.4% | $65.9M-4.0% | |
| Wealth Management Services | $7.06M-34.4% | $10.76M+150% | $4.31M-25.6% | $5.78M-29.8% | |
| Total noninterest income by Business | |||||
| Banking | $33.89M+149% | -$69.61M-448% | $20.01M-13.4% | $23.09M-48.4% | |
| Wealth Management Services | $41.97M+0.4% | $41.81M+15.7% | $36.14M-8.6% | $39.51M-7.3% | |
| Net Interest Income by Business | |||||
| Banking | $153.19M+19.3% | $128.45M-6.3% | $137.06M-12.2% | $156.04M+10.3% | |
| Wealth Management Services | $0— | $0-100% | $37K— | —— | |
| Total interest income and dividend income by Business | |||||
| Banking | $318.09M-6.6% | $340.68M+10.4% | $308.62M+58.7% | $194.45M— | |
| Wealth Management Services | $0— | $0-100% | $37K+131% | $16K— | |
| Income Tax by Business | |||||
| Banking | $12.77M+194% | -$13.53M— | —— | $17.56M-5.5% | |
| Wealth Management Services | $2.4M-13.5% | $2.77M+117% | $1.28M-33.9% | $1.93M-29.5% | |
| Pre-Tax Income by Business | |||||
| Banking | $57.96M+211% | -$52.35M-203% | $50.9M-39.0% | $83.45M-4.3% | |
| Wealth Management Services | $9.45M-30.2% | $13.53M+142% | $5.58M-27.7% | $7.72M-29.7% | |
| Net occupancy by Business | |||||
| Banking | $9.79M+12.2% | $8.73M+5.0% | $8.31M+8.0% | $7.7M— | |
| Wealth Management Services | $943K-10.9% | $1.06M-20.0% | $1.32M-7.5% | $1.43M— | |
| Noninterest Expense by Business | |||||
| Banking | $119.91M+10.2% | $108.79M+5.7% | $102.97M+6.2% | $96.97M-6.6% | |
| Wealth Management Services | $32.52M+15.0% | $28.28M-7.6% | $30.59M-3.6% | $31.75M+0.4% | |
| Total Assets by Business | |||||
| Banking | $26.42B-6.5% | $28.27B+1.0% | $28B+13.8% | $24.6B+6.4% | |
| Wealth Management Services | $247.3M+4.9% | $235.68M-9.5% | $260.44M-12.7% | $298.26M+1.4% | |
| Total interest expense by Business | |||||
| Banking | $164.9M-22.3% | $212.23M+23.7% | $171.56M+347% | $38.41M— | |
| Wealth Management Services | $0— | $0— | $0-100% | $66K— | |
| Interest Income (Expense), after Provision for Loan Loss by Business | |||||
| Banking | $143.99M+14.2% | $126.05M-5.8% | $133.86M-14.9% | $157.34M+7.5% | |
| Wealth Management Services | $0— | $0-100% | $37K— | —— | |
| Other Expenses by Business | |||||
| Banking | $14.56M+93.8% | $7.52M-9.1% | $8.27M— | —— | |
| Wealth Management Services | $3.72M+182% | $1.32M-44.8% | $2.39M-7.0% | $2.57M— | |
| Outsourced services by Business | |||||
| Banking | $13.55M+9.8% | $12.34M+12.5% | $10.97M+6.2% | $10.33M— | |
| Wealth Management Services | $3.39M-13.6% | $3.92M+10.4% | $3.55M+4.3% | $3.4M— | |
| Salaries and employee benefits by Business | |||||
| Banking | $69.49M+4.5% | $66.48M+7.2% | $62.01M0.0% | $62.03M— | |
| Wealth Management Services | $22.28M+12.7% | $19.78M-3.3% | $20.45M-6.1% | $21.78M— | |
| Expenditures for long-lived assets by Business | |||||
| Banking | $2.04M-47.1% | $3.86M-23.0% | $5.01M-8.4% | $5.48M+68.7% | |
| Wealth Management Services | $50K-64.5% | $141K+303% | $35K-94.7% | $664K+172% | |
| Advertising and promotion by Business | |||||
| Banking | $2.44M+8.3% | $2.25M+5.2% | $2.14M+0.1% | $2.14M— | |
| Wealth Management Services | $480K+28.3% | $374K-11.4% | $422K-6.0% | $449K— | |
| Depreciation expense by Business | |||||
| Banking | $3.13M-11.5% | $3.53M+2.1% | $3.46M+17.3% | $2.95M+4.3% | |
| Wealth Management Services | $329K-18.6% | $404K— | —— | —— | |
| Equipment by Business | |||||
| Banking | $3.3M-5.2% | $3.49M-9.2% | $3.84M+15.6% | $3.32M— | |
| Wealth Management Services | $287K-18.5% | $352K-26.2% | $477K+0.8% | $473K— | |
| Amortization of intangibles by Business | |||||
| Banking | $0— | $0— | $0— | $0— | |
| Wealth Management Services | $762K-7.7% | $826K-2.0% | $843K-2.0% | $860K— | |
| Provision for Credit Losses by Business | |||||
| Banking | $9.2M+283% | $2.4M-25.0% | $3.2M+346% | -$1.3M— | |
| Wealth Management Services | $0— | $0— | $0— | $0— | |
| Legal, audit and professional fees by Business | |||||
| Banking | $2.2M-11.1% | $2.47M-10.1% | $2.75M+17.4% | $2.34M— | |
| Wealth Management Services | $663K+1.2% | $655K-42.5% | $1.14M+45.6% | $783K— | |
| FDIC deposit insurance costs by Business | |||||
| Banking | $4.58M-16.9% | $5.51M+18.1% | $4.67M+177% | $1.69M— | |
| Wealth Management Services | $0— | $0— | $0— | $0— | |
| Revenue from contracts with customers by Product | |||||
| Card Interchange Fees | $5.14M+2.8% | $5M+1.5% | $4.92M-1.5% | $5M0.0% | |
| Gain on sale of bank-owned properties, net | $6.99M— | $0— | $0— | —— | |
| Income From Bank-owned Life Insurance | $0— | $0— | $0— | $0— | |
| Loan related derivative income | $0— | $0— | $0— | $0— | |
| Mortgage Banking Revenues | $0— | $0— | $0— | $0— | |
| Net Interest Income | $0— | $0— | $0— | $0— | |
| Other Income | $1.14M0.0% | $1.14M-6.9% | $1.23M+0.6% | $1.22M-43.2% | |
| Service Charges on Deposit Accounts | $3.24M+6.7% | $3.03M+8.1% | $2.81M-12.1% | $3.19M+19.0% | |
| Total Noninterest Income | $57.74M+19.7% | $48.22M+8.4% | $44.49M-7.6% | $48.15M-5.8% | |
| Total Revenues | $57.74M+19.7% | $48.22M+8.4% | $44.49M-7.6% | $48.15M-5.8% | |
| Wealth Management Revenues | $41.24M+5.6% | $39.05M+9.9% | $35.54M-8.3% | $38.75M-6.1% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does Washington Trust Bancorp break its business down?
- Washington Trust Bancorp (WASH) reports net income by business across 2 parts — Banking and Wealth Management Services. Each is extracted from the segment footnotes and tracked over time.
- Where does Washington Trust Bancorp's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in Washington Trust Bancorp's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.
