Washington Historical Income Statement
| WASH Stock | USD 37.73 0.32 0.86% |
Historical analysis of Washington Trust income statement accounts such as Interest Expense of 180.1 M, Other Operating Expenses of 123.3 M, Operating Income of 77.1 M or Ebit of 75.7 M can show how well Washington Trust Bancorp performed in making a profits. Evaluating Washington Trust income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Washington Trust's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Washington Trust Bancorp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Washington Trust Bancorp is a good buy for the upcoming year.
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About Washington Income Statement Analysis
Washington Trust Bancorp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Washington Trust shareholders. The income statement also shows Washington investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Washington Trust Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Washington Trust Bancorp. It is also known as Washington Trust overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Operating Income
Operating Income is the amount of profit realized from Washington Trust Bancorp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Washington Trust Bancorp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.Net Income
Net income is one of the most important fundamental items in finance. It plays a large role in Washington Trust Bancorp financial statement analysis. It represents the amount of money remaining after all of Washington Trust Bancorp operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.Most accounts from Washington Trust's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Washington Trust Bancorp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Washington Trust's EBIT is increasing as compared to previous years. The Washington Trust's current EBITDA is estimated to increase to about 78.4 M, while Net Income is projected to decrease to under 29.8 M.
| 2021 | 2022 | 2023 | 2024 (projected) | Operating Income | 98.2M | 129.6M | 72.7M | 77.1M | Other Operating Expenses | 130.6M | 5.7M | 117.4M | 123.3M |
Washington Trust income statement Correlations
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Washington Trust Account Relationship Matchups
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Washington Trust income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Interest Expense | 64.2M | 42.5M | 16.6M | 38.5M | 171.6M | 180.1M | |
| Other Operating Expenses | 112.3M | 137.7M | 130.6M | 5.7M | 117.4M | 123.3M | |
| Operating Income | 88.2M | 89.2M | 98.2M | 129.6M | 72.7M | 77.1M | |
| Ebit | 89.0M | 89.2M | 98.2M | 91.2M | 56.5M | 75.7M | |
| Ebitda | 89.1M | 93.3M | 102.5M | 95.5M | 61.3M | 78.4M | |
| Total Operating Expenses | (112.3M) | (137.7M) | (130.6M) | 5.7M | 117.4M | 123.3M | |
| Net Income | 69.1M | 69.8M | 76.9M | 71.7M | 48.2M | 29.8M | |
| Income Tax Expense | 19.1M | 19.3M | 21.3M | 19.5M | 8.3M | 11.2M | |
| Depreciation And Amortization | 171.9K | 4.1M | 4.3M | 4.3M | 4.8M | 2.8M | |
| Selling General Administrative | 73.4M | 84.7M | 88.9M | 85.5M | 87.1M | 44.3M | |
| Total Revenue | 200.5M | 226.9M | 228.8M | 218.6M | 190.0M | 116.3M | |
| Gross Profit | 200.5M | 226.9M | 228.8M | 218.6M | 363.4M | 381.6M | |
| Income Before Tax | 88.2M | 89.2M | 98.2M | 91.2M | 56.5M | 42.1M | |
| Total Other Income Expense Net | 88.2M | (13.5M) | (17.8M) | (12.5M) | (16.2M) | (17.0M) | |
| Selling And Marketing Expenses | 1.5M | 1.5M | 1.8M | 2.6M | 2.6M | 1.5M | |
| Net Income Applicable To Common Shares | 69.1M | 69.8M | 76.6M | 71.7M | 82.4M | 86.6M | |
| Net Income From Continuing Ops | 69.1M | 69.8M | 76.9M | 71.7M | 48.2M | 60.4M | |
| Tax Provision | 19.1M | 19.3M | 21.3M | 19.5M | 8.3M | 16.1M | |
| Net Interest Income | 130.6M | 125.2M | 141.0M | 155.4M | 133.8M | 140.2M | |
| Interest Income | 194.8M | 167.7M | 157.6M | 193.9M | 305.3M | 195.5M | |
| Reconciled Depreciation | 4.2M | 4.1M | 890K | 860K | 4.8M | 2.7M |
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When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Trust. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 2.24 | Earnings Share 2.67 | Revenue Per Share 11.087 | Quarterly Revenue Growth (0) |
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.