Company Quick10K Filing
Washington Trust Bancorp
10-K 2019-12-31 Filed 2020-02-25
10-Q 2019-09-30 Filed 2019-11-04
10-Q 2019-06-30 Filed 2019-08-01
10-Q 2019-03-31 Filed 2019-05-02
10-K 2018-12-31 Filed 2019-02-26
10-Q 2018-09-30 Filed 2018-11-05
10-Q 2018-06-30 Filed 2018-08-02
10-Q 2018-03-31 Filed 2018-05-03
10-K 2017-12-31 Filed 2018-02-27
10-Q 2017-09-30 Filed 2017-11-06
10-Q 2017-06-30 Filed 2017-08-04
10-Q 2017-03-31 Filed 2017-05-05
10-K 2016-12-31 Filed 2017-03-06
10-Q 2016-09-30 Filed 2016-11-04
10-Q 2016-06-30 Filed 2016-08-05
10-Q 2016-03-31 Filed 2016-05-06
10-K 2015-12-31 Filed 2016-03-08
10-Q 2015-09-30 Filed 2015-11-05
10-Q 2015-06-30 Filed 2015-08-06
10-Q 2015-03-31 Filed 2015-05-08
10-K 2014-12-31 Filed 2015-03-12
10-Q 2014-09-30 Filed 2014-11-06
10-Q 2014-06-30 Filed 2014-08-07
10-Q 2014-03-31 Filed 2014-05-08
10-K 2013-12-31 Filed 2014-03-07
10-Q 2013-09-30 Filed 2013-11-07
10-Q 2013-06-30 Filed 2013-08-08
10-Q 2013-03-31 Filed 2013-05-08
10-K 2012-12-31 Filed 2013-03-08
10-Q 2012-09-30 Filed 2012-11-07
10-Q 2012-06-30 Filed 2012-08-07
10-Q 2012-03-31 Filed 2012-05-08
10-K 2011-12-31 Filed 2012-03-07
10-Q 2011-09-30 Filed 2011-11-07
10-Q 2011-06-30 Filed 2011-08-09
10-Q 2011-03-31 Filed 2011-05-05
10-K 2010-12-31 Filed 2011-03-08
10-Q 2010-09-30 Filed 2010-11-08
10-Q 2010-06-30 Filed 2010-08-05
10-Q 2010-03-31 Filed 2010-05-06
10-K 2009-12-31 Filed 2010-03-01
8-K 2020-01-27 Earnings, Exhibits
8-K 2019-11-25 Other Events, Exhibits
8-K 2019-07-22 Earnings, Exhibits
8-K 2019-05-24 Other Events
8-K 2019-04-23 Shareholder Vote, Other Events
8-K 2019-04-22 Earnings, Exhibits
8-K 2019-01-28 Earnings, Exhibits
8-K 2019-01-22 Officers
8-K 2018-12-20 Accountant, Exhibits
8-K 2018-10-22 Earnings, Exhibits
8-K 2018-07-23 Earnings, Exhibits
8-K 2018-04-24 Shareholder Vote
8-K 2018-04-20 Earnings, Exhibits
8-K 2018-01-30 Earnings, Exhibits
8-K 2018-01-22 Officers, Other Events

Washington Trust Bancorp Financials

WASH Metrics, Comps, Filings

Quarterly | Annual

Business

Washington Trust Bancorp, Inc. (the "Bancorp"), a publicly-owned registered bank holding company that has elected to be a financial holding company, was organized in 1984 under the laws of the state of Rhode Island. The Bancorp's common stock trades on the NASDAQ Stock Market under the symbol WASH. The Bancorp owns all of the outstanding common stock of The Washington Trust Company, of Westerly (the "Bank"), a Rhode Island chartered commercial bank founded in 1800. The Bancorp was formed in 1984 under a plan of reorganization in which outstanding common shares of the Bank were exchanged for common shares of the Bancorp. See additional information under the caption "Subsidiaries."

References in this report to "Washington Trust" or the "Corporation" refer to the Bancorp and its subsidiaries. Washington Trust offers a comprehensive product line of banking and financial services to individuals and businesses, including commercial, residential and consumer lending, retail and commercial deposit products, and wealth management and trust services through its offices in Rhode Island, Connecticut and Massachusetts; its automated teller machine ("ATM") networks; and its internet website at www.washtrust.com.

The accounting and reporting policies of Washington Trust conform to accounting principles generally accepted in the United States of America ("GAAP") and to general practices of the banking industry. At December 31, 2018, Washington Trust had total assets of $5.0 billion, total deposits of $3.5 billion and total shareholders' equity of $448.2 million.


Valuation ($BB)

Market Cap, Enterprise Value

Balance Sheet ($BB)

Assets, Stockholders' Equity

Income Statement ($BB Quarterly)

Revenue, Gross Profit, Net Income

Cash Flow ($BB Quarterly)

Operating, Investing, Financing

Comps ($MM TTM) Market Cap Gross Margin EV/EBITDA Ret on Assets Assets Liabilities Revenue G Profit Net Income EBITDA EV
Meridian Bancorp (EBSB) 982 6.9 1% 6,363 5,651 0 0 62 173 1,190
Boston Private Financial Holdings (BPFH) 1,006 0% 4.9 1% 8,691 7,881 353 0 92 188 928
Washington Trust Bancorp (WASH) 852 0% 4.4 1% 5,199 4,701 152 0 71 160 706
Great Southern Bancorp (GSBC) 814 17.1 1% 4,972 4,375 0 0 56 37 623
Central Pacific Financial (CPF) 822 0% 7.7 1% 5,977 5,451 19 0 60 107 829
Stock Yards Bancorp (SYBT) 846 0% 22.5 0% 3,534 3,138 17 0 0 31 710
Fidelity Southern (LION) 820 0% 11.1 1% 4,790 4,331 13 0 28 66 738
Lakeland Bancorp (LBAI) 803 4.4 1% 6,492 5,779 0 0 52 118 522
Origin Bancorp (OBNK) 793 4.1 1% 5,397 4,809 0 0 54 118 484
Carolina Financial (CARO) 797 6.6 2% 3,980 3,358 0 0 62 115 763
ConnectOne Bancorp (CNOB) 778 6.4 1% 6,161 5,441 0 0 71 173 1,098
HomeStreet (HMST) 732 6.0 0% 6,836 6,145 0 0 22 131 782
Community Trust Bancorp (CTBI) 756 6.3 1% 4,338 3,732 0 0 49 85 534
Triumph Bancorp (TBK) 847 4.9 1% 5,040 4,406 0 0 60 149 732
Bryn Mawr Bank (BMTC) 743 5.4 1% 4,829 4,228 0 0 60 121 649
Univest of Pennsylvania (UVSP) 749 5.4 1% 5,354 4,689 0 0 69 127 683
German American Bancorp (GABC) 844 9.1 1% 4,356 3,793 0 0 54 93 844
National Commerce (NCOM) 740 6.4 1% 4,205 3,508 0 0 45 82 523
Trustco Bank N Y (TRST) 792 4.0 1% 5,222 4,696 0 0 44 85 342
Oritani Financial (ORIT) 813 0% 9.7 1% 3,990 3,460 2 0 51 126 1,212

Balance Sheet ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash726887847154939984140851081499080898411098951201291081141201318388135769392120146
Accounts Receivable
Inventory
PP&E25252627272763272626632627266628282870303029722929297128282871302929
Assets2,9362,9703,0643,0293,0413,0493,0723,0523,0613,1323,1893,1943,3173,4163,5873,6033,6443,6753,7723,8383,9174,2044,3814,3894,3764,4694,5304,5664,7374,7715,0115,1555,1905,199
Accounts Payable
Long-Term Debt
Liabilities2,6552,6842,7832,7412,7482,7502,7762,7512,7582,8082,8592,8582,9743,0673,2413,2493,2853,3043,3963,4573,5293,8093,9903,9913,9694,0554,1174,1534,3164,3434,5634,6854,7054,701
Stockholders' Equity281285281288293298296301303324330336343349346354359371375381388395391398406414413413422428448470484498
Income Statement ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Revenue3940413639413943484949505151
Cost of Revenue
Gross Profit
R&D
SG&A010000000000100010000000000000010
Tax34447523754455555555566677134855595
Net Income888899979101091011111112101111111212121313816181817171719
Cash Flow ($MM)2011-06-302011-09-302011-12-312012-03-312012-06-302012-09-302012-12-312013-03-312013-06-302013-09-302013-12-312014-03-312014-06-302014-09-302014-12-312015-03-312015-06-302015-09-302015-12-312016-03-312016-06-302016-09-302016-12-312017-03-312017-06-302017-09-302017-12-312018-03-312018-06-302018-09-302018-12-312019-03-312019-06-302019-09-30
Cash Operating-3191410-15-3241329151-0-1292019323-283017522162213621-219
Cash Investing-23-8120-23424-0-31-38-11524-67-146-168-4-604-106-74-29-272-250-632-85-120-39-105-107-1003439
Cash Financing2182-38-0-619-1736546-2108881563362904856274199-4-307456231501278-4-32