Washington Trust Bancorp Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Year	2023	2022	2021	2020	2019	2018 - 1994
Revenue	190.04	219.89	233.65	214.54	198.92	Upgrade
Revenue Growth (YoY)	-13.58%	-5.89%	8.91%	7.85%	3.14%	Upgrade
Gross Profit	190.04	219.89	233.65	214.54	198.92	Upgrade
Selling, General & Admin	117.39	116.18	117.65	111.86	99.33	Upgrade
Other Operating Expenses	16.17	12.54	10.89	12.11	11.41	Upgrade
Operating Expenses	133.56	128.72	128.53	123.97	110.74	Upgrade
Operating Income	56.48	91.17	105.12	90.57	88.18	Upgrade
Other Expense / Income	0.09	0.2	7.15	1.56	0.14	Upgrade
Pretax Income	56.4	90.97	97.97	89.01	88.04	Upgrade
Income Tax	8.31	19.49	21.32	19.33	19.06	Upgrade
Net Income	48.09	71.48	76.65	69.68	68.98	Upgrade
Net Income Growth	-32.72%	-6.74%	10.00%	1.01%	1.01%	Upgrade
Shares Outstanding (Basic)	17	17	17	17	17	Upgrade
Shares Outstanding (Diluted)	17	17	17	17	17	Upgrade
Shares Change	-1.84%	-0.42%	0.30%	-0.07%	0.13%	Upgrade
EPS (Basic)	2.82	4.14	4.43	4.03	3.98	Upgrade
EPS (Diluted)	2.82	4.11	4.39	4.00	3.96	Upgrade
EPS Growth	-31.39%	-6.38%	9.75%	1.01%	0.76%	Upgrade
Free Cash Flow	26.56	106.87	97.32	33.07	70.52	Upgrade
Free Cash Flow Per Share	1.56	6.20	5.62	1.91	4.07	Upgrade
Dividend Per Share	2.240	2.180	2.100	2.050	2.000	Upgrade
Dividend Growth	2.75%	3.81%	2.44%	2.50%	13.64%	Upgrade
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%	Upgrade
Operating Margin	29.72%	41.46%	44.99%	42.22%	44.33%	Upgrade
Profit Margin	25.31%	32.51%	32.80%	32.48%	34.68%	Upgrade
Free Cash Flow Margin	13.97%	48.60%	41.65%	15.42%	35.45%	Upgrade
Effective Tax Rate	14.73%	21.42%	21.76%	21.72%	21.65%	Upgrade
EBITDA	61.24	95.29	102.27	93.1	92.27	Upgrade
EBITDA Margin	32.23%	43.34%	43.77%	43.39%	46.39%	Upgrade
Depreciation & Amortization	4.85	4.33	4.3	4.09	4.23	Upgrade
EBIT	56.4	90.97	97.97	89.01	88.04	Upgrade
EBIT Margin	29.68%	41.37%	41.93%	41.49%	44.26%	Upgrade

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).