Overview
Without seeming naive, Washington Trust Bancorp can utter
Washington
and
trust
in the same breath. The holding company owns The Washington Trust Company, one of the oldest and largest banks in Rhode Island and one of the oldest banks in the entire US. Chartered in 1800, the bank boasts over $3.5 billion in assets and operates nearly 20 branches in the state, and one in southeastern Connecticut. Washington Trust offers
...
Read More standard services such as deposit accounts, CDs, and credit cards. The company's commercial mortgages and loans account for more than half of its loan portfolio, while residential mortgages and consumer loans make up most of the rest. The bank also offers wealth management services.
Read Less
Read More standard services such as deposit accounts, CDs, and credit cards. The company's commercial mortgages and loans account for more than half of its loan portfolio, while residential mortgages and consumer loans make up most of the rest. The bank also offers wealth management services.
Read Less
EDWARD O HANDY III
See more contacts
Depository Credit Intermediation
,
Credit Intermediation and Related Activities
,
Finance and Insurance
,
State trust companies accepting deposits, commercial
Activities Related to Credit Intermediation
,
Agencies, Brokerages, and Other Insurance Related Activities
,
Insurance Carriers
,
Insurance and Employee Benefit Funds
,
Monetary Authorities-Central Bank
,
Nondepository Credit Intermediation
,
Other Financial Investment Activities
,
Other Investment Pools and Funds
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
View more , Securities and Commodity Contracts Intermediation and Brokerage Securities and Commodity Exchanges
View fewer
?
?
?
Modelled
?
Actual
$312.88 million
Actual
-49%
$6,930
DEC
?
?
NASDAQ:WASH
Contacts
Get in Touch with 7 Principals* and 146 Contacts
-
EDWARD O HANDY IIIChairman of the Board and Chief Executive Officer
-
Contact 2?
-
Contact 3?
-
Contact 4?
Dynamic search and list-building capabilities
Real-time trigger alerts
Comprehensive company profiles
Valuable research and technology reports
Financial Statements
Dun & Bradstreet collects private company financials for more than 23 million companies worldwide. Find out more.
Financial data as of December 31, 2024 (12 month period) in USD
Annual Revenue 2024
$312.88 million
USD
Actual
All financial statement data is in millions except per share data | Source: Morningstar
| Cash Flow (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net Operating Cash | $58 | $32 | $113 |
| Net Investing Cash | $231 | -$551 | -$999 |
| Net Financing Cash | -$265 | $491 | $826 |
| Net Change in Cash | $24 | -$28 | -$60 |
| Cash at Beginning of Period | $90 | $118 | $178 |
| Cash at End of Period | $114 | $90 | $118 |
| Capital Expenditure | -$4 | -$5 | -$6 |
| Assets (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Assets | |||
| Cash and Cash Equivalents | $110 | $87 | $115 |
| Accounts Receivable | $ | $ | $ |
| Inventories | $ | $ | $ |
| Other Current Assets | $ | $ | $ |
| Asset Summary | |||
| Total Current Assets | $ | $ | $ |
| Tangible Fixed Assets | $54 | $62 | $59 |
| Intangible Assets | $3 | $4 | $5 |
| Total Assets | $6,931 | $7,203 | $6,660 |
| Liabilities (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Current Liabilities | |||
| Accounts Payable | $ | $ | $ |
| Short-Term Debt | $ | $ | $ |
| Other Current Liabilities | $ | $ | $ |
| Liability Summary | |||
| Total Current Liabilities | $ | $ | $ |
| Long-Term Debt | $1,148 | $1,213 | $1,003 |
| Other Long-Term Liabilities | $ | $ | $ |
| Total Liabilities | $6,431 | $6,730 | $6,206 |
| Stakeholder's Equity (mil) | 2024 | 2023 | 2022 |
|---|---|---|---|
| Equity | |||
| Common Stock | $1 | $1 | $1 |
| Retained Earnings | $434 | $502 | $492 |
| Equity Summary | |||
| Total Equity | $500 | $473 | $454 |
| Shares Outstanding | 19,273,583 | 17,030,987 | 17,182,753 |