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Washington Trust Ban (WASH) Revenue & Revenue Breakdown

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Washington Trust Ban Revenue Highlights

Latest Revenue (Y)

$340.68M

Latest Revenue (Q)

$102.00M

Main Segment (Y)

Total noninterest income in scope of Topic 606

Washington Trust Ban Revenue by Period

Washington Trust Ban Revenue by Year

DateRevenueChange
2024-12-31$340.68M79.27%
2023-12-31$190.04M-13.06%
2022-12-31$218.59M-4.47%
2021-12-31$228.83M0.86%
2020-12-31$226.89M13.16%
2019-12-31$200.49M3.13%
2018-12-31$194.40M5.46%
2017-12-31$184.34M4.76%
2016-12-31$175.96M8.21%
2015-12-31$162.62M7.35%
2014-12-31$151.48M4.26%
2013-12-31$145.29M-1.24%
2012-12-31$147.12M6.51%
2011-12-31$138.12M9.62%
2010-12-31$126.00M13.26%
2009-12-31$111.25M4.33%
2008-12-31$106.63M1.11%
2007-12-31$105.45M1.73%
2006-12-31$103.66M13.16%
2005-12-31$91.60M12.61%
2004-12-31$81.35M7.69%
2003-12-31$75.53M11.84%
2002-12-31$67.54M10.99%
2001-12-31$60.85M5.68%
2000-12-31$57.58M12.90%
1999-12-31$51.00M19.72%
1998-12-31$42.60M10.65%
1997-12-31$38.50M11.92%
1996-12-31$34.40M5.85%
1995-12-31$32.50M8.33%
1994-12-31$30.00M10.70%
1993-12-31$27.10M-

Washington Trust Ban generated $340.68M in revenue during NA 2024, up 79.27% compared to the previous quarter, and up 169.92% compared to the same period a year ago.

Washington Trust Ban Revenue by Quarter

DateRevenueChange
2025-03-31$102.00M-343.63%
2024-12-31$-41.87M-186.27%
2024-09-30$48.53M-52.70%
2024-06-30$102.61M0.78%
2024-03-31$101.81M4.81%
2023-12-31$97.14M98.34%
2023-09-30$48.98M2.41%
2023-06-30$47.83M-5.25%
2023-03-31$50.48M-8.44%
2022-12-31$55.13M-4.69%
2022-09-30$57.84M8.39%
2022-06-30$53.37M2.14%
2022-03-31$52.25M-9.99%
2021-12-31$58.05M2.57%
2021-09-30$56.59M2.25%
2021-06-30$55.35M-5.94%
2021-03-31$58.84M-1.88%
2020-12-31$59.97M4.99%
2020-09-30$57.12M-0.25%
2020-06-30$57.27M9.02%
2020-03-31$52.53M8.06%
2019-12-31$48.61M-5.28%
2019-09-30$51.32M1.40%
2019-06-30$50.61M1.32%
2019-03-31$49.95M1.86%
2018-12-31$49.04M0.77%
2018-09-30$48.66M-0.90%
2018-06-30$49.10M3.17%
2018-03-31$47.59M1.05%
2017-12-31$47.10M-0.70%
2017-09-30$47.43M1.35%
2017-06-30$46.80M8.14%
2017-03-31$43.28M-5.91%
2016-12-31$46.00M2.84%
2016-09-30$44.73M4.56%
2016-06-30$42.78M0.76%
2016-03-31$42.46M2.38%
2015-12-31$41.47M3.73%
2015-09-30$39.98M-3.33%
2015-06-30$41.36M3.89%
2015-03-31$39.81M-0.56%
2014-12-31$40.03M5.00%
2014-09-30$38.13M1.97%
2014-06-30$37.39M4.05%
2014-03-31$35.93M-2.21%
2013-12-31$36.75M-3.23%
2013-09-30$37.97M3.61%
2013-06-30$36.65M8.04%
2013-03-31$33.92M4.77%
2012-12-31$32.38M-18.30%
2012-09-30$39.63M3.04%
2012-06-30$38.46M4.33%
2012-03-31$36.86M0.66%
2011-12-31$36.62M5.21%
2011-09-30$34.81M0.91%
2011-06-30$34.49M7.12%
2011-03-31$32.20M-5.52%
2010-12-31$34.08M1.62%
2010-09-30$33.54M10.53%
2010-06-30$30.35M6.67%
2010-03-31$28.45M-0.51%
2009-12-31$28.59M1.29%
2009-09-30$28.23M-1.17%
2009-06-30$28.56M10.46%
2009-03-31$25.86M6.35%
2008-12-31$24.31M-10.73%
2008-09-30$27.23M-3.99%
2008-06-30$28.37M-

Washington Trust Ban generated $102.00M in revenue during Q1 2025, up -343.63% compared to the previous quarter, and up 105.01% compared to the same period a year ago.

Washington Trust Ban Revenue Breakdown

Washington Trust Ban Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 24Dec 23Dec 22Dec 21Dec 20
Total noninterest income in scope of Topic 606$48.22M$44.49M$48.15M$51.11M$45.15M
Total revenues in scope of Topic 606$48.22M$44.49M$48.15M$51.11M$45.15M
Card Interchange Fees$5.00M$4.92M---
Deposit Account$3.03M$2.81M---
Investment Advisory, Management and Administrative Service$39.05M$35.54M---
Other Noninterest Income$1.14M$1.23M---
Net Interest Income-----
Loan Related Derivative Income-----
Mortgage Banking-----
Income From Bank-owned Life Insurance-----
Asset-based Wealth Management Revenues---$40.22M$34.36M
Net Realized Gain (Loss) on Securities-----
Transaction-based Wealth Management Revenues---$1.07M$1.09M

Washington Trust Ban's latest annual revenue breakdown by segment (product or service), as of Dec 24: Total noninterest income in scope of Topic 606 (33.33%), Total revenues in scope of Topic 606 (33.33%), Investment Advisory, Management and Administrative Service (26.99%), Card Interchange Fees (3.45%), Deposit Account (2.10%), and Other Noninterest Income (0.79%).

Quarterly Revenue by Product

Product/ServiceMar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20
Other Noninterest Income$264.00K-$313.00K$2.37M$897.00K$329.00K--------------
Investment Advisory, Management and Administrative Service$9.89M$10.05M$9.99M$9.34M$26.59M$8.95M--------------
Deposit Account$744.00K$794.00K$784.00K$685.00K$2.13M$674.00K--------------
Card Interchange Fees$1.51M$1.25M$1.32M$1.15M$3.65M$1.27M--------------
Total noninterest income in scope of Topic 606$19.40M$10.27M$12.41M$13.54M$11.10M$11.22M$11.33M$10.85M$11.15M$11.95M$12.41M$12.65M$12.87M$12.70M$12.66M$12.88M$12.76M$11.20M$10.44M$10.74M
Total revenues in scope of Topic 606$19.40M$10.27M$12.41M$13.54M$11.10M$11.22M$11.33M$10.85M$11.15M$11.95M$12.41M$12.65M$12.87M$12.70M$12.66M$12.88M$12.76M$11.20M$10.44M$10.74M
Net Interest Income--------------------
Mortgage Banking--------------------
Income From Bank-owned Life Insurance--------------------
Loan Related Derivative Income--------------------
Transaction-based Wealth Management Revenues---------$223.00K$425.00K$320.00K$87.00K$231.00K$437.00K$312.00K$140.00K$168.00K$449.00K$334.00K
Asset-based Wealth Management Revenues---------$9.30M$9.64M$10.21M$10.42M$10.22M$9.99M$9.58M$9.07M$8.79M$8.16M$8.36M
Net Realized Gain (Loss) on Securities--------------------

Washington Trust Ban's latest quarterly revenue breakdown by segment (product or service), as of Mar 25: Total noninterest income in scope of Topic 606 (37.89%), Total revenues in scope of Topic 606 (37.89%), Investment Advisory, Management and Administrative Service (19.31%), Card Interchange Fees (2.95%), Deposit Account (1.45%), and Other Noninterest Income (0.52%).

Washington Trust Ban Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
INDBIndependent Bank$852.75M$243.42M
WSBCWesBanco$825.64M$253.23M
BRKLBrookline Bancorp$628.52M$159.32M
SYBTStock Yards Bancorp$412.88M$134.16M
UVSPUnivest Financial$412.36M$103.42M
WASHWashington Trust Ban$340.68M$102.00M
PGCPeapack-Gladstone Financial$228.13M$64.36M
WTBAWest Ban$190.07M$47.96M
WSFSWSFS Financial-$331.77M

WASH Revenue FAQ

What is Washington Trust Ban’s yearly revenue?

Washington Trust Ban's yearly revenue for 2024 was $340.68M, representing an increase of 79.27% compared to 2023. The company's yearly revenue for 2023 was $190.04M, representing a decrease of -13.06% compared to 2022. WASH's yearly revenue for 2022 was $218.59M, representing a decrease of -4.47% compared to 2021.

What is Washington Trust Ban’s quarterly revenue?

Washington Trust Ban's quarterly revenue for Q1 2025 was $102M, a -343.63% decrease from the previous quarter (Q4 2024), and a 0.19% increase year-over-year (Q1 2024). The company's quarterly revenue for Q4 2024 was $-41.868M, a -186.27% decrease from the previous quarter (Q3 2024), and a -143.10% decrease year-over-year (Q4 2023). WASH's quarterly revenue for Q3 2024 was $48.53M, a -52.70% decrease from the previous quarter (Q2 2024), and a -0.90% decrease year-over-year (Q3 2023).

What is Washington Trust Ban’s revenue growth rate?

Washington Trust Ban's revenue growth rate for the last 3 years (2022-2024) was 55.85%, and for the last 5 years (2020-2024) was 50.15%.

What are Washington Trust Ban’s revenue streams?

Washington Trust Ban's revenue streams in c 24 are Total noninterest income in scope of Topic 606, Total revenues in scope of Topic 606, Card Interchange Fees, Deposit Account, Investment Advisory, Management and Administrative Service, and Other Noninterest Income. Total noninterest income in scope of Topic 606 generated $48.22M in revenue, accounting 33.33% of the company's total revenue, up 8.39% year-over-year. Total revenues in scope of Topic 606 generated $48.22M in revenue, accounting 33.33% of the company's total revenue, up 8.39% year-over-year. Card Interchange Fees generated $5M in revenue, accounting 3.45% of the company's total revenue, up 1.52% year-over-year. Deposit Account generated $3.03M in revenue, accounting 2.10% of the company's total revenue, up 8.05% year-over-year. Investment Advisory, Management and Administrative Service generated $39.05M in revenue, accounting 26.99% of the company's total revenue, up 9.89% year-over-year. Other Noninterest Income generated $1.14M in revenue, accounting 0.79% of the company's total revenue, down -6.85% year-over-year.

What is Washington Trust Ban’s main source of revenue?

For the fiscal year ending Dec 24, the largest source of revenue of Washington Trust Ban was Total noninterest income in scope of Topic 606. This segment made a revenue of $48.22M, representing 33.33% of the company's total revenue.