Washington Trust Revenue, Profits - WASH Annual Income Statement

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$59.2 $0.3 (0.51%) WASH stock closing price Jul 19, 2018 (Closing)

WASH stock valuation based on fundamental analysis involves checking and analyzing financial statements and not just the Washington Trust stock price. The income statement gives the investor an understanding of the topline or revenue and bottomline or profit numbers of the company and helps investors evaluate if a company has been growing or not. Like any other income statement, the WASH income statement also itemizes revenue/sales, operating expenses, and profits/bottomline for a quarter or year and reflects a YOY revenue growth of 7.96% when compared to the same period in the past. One also needs to look at Washington Trust assets, operating expenses and Washington Trust free cash flow. The Washington Trust profit and loss statement shows revenue of $214.39M for 2017. Revenue has grown by 7.96% YOY for WASH stock.

View revenue and profit details for latest and last 10 financial years.
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Quarterly
Annual
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Fiscal year is Jan - Dec2017201620152014201320122011201020092008
Washington Trust Revenues or Net Sales
214.39M198.59M184.09M180.13M178.42M186.27M174.11M171.72M171.84M181.18M
Cost Of Goods Sold (COGS)15.06M12.5M13.14M12.93M12.42M13.59M15.69M20.31M32.63M41.19M
Washington Trust Gross Profit
199.33M186.09M170.94M167.19M166M172.68M158.41M151.41M139.21M139.98M
Research & Development Expense----------
Selling General & Admin Expense105.66M105.46M96.08M98.05M100.5M104.31M94.12M90.22M84.45M75.26M
Income Before Depreciation Depletion Amortization93.66M80.62M74.86M69.14M65.5M68.37M64.29M61.19M54.75M64.72M
Depreciation Depletion Amortization1.03M1.28M-----1.09M1.2M1.28M
Non Operating Income----------
Interest Expense14.99M10.48M8.62M8.67M12.14M16.77M20.69M25.75M31.1M33.95M
Washington Trust Pretax Income
77.64M68.85M64.34M59.82M52.68M50.87M42.64M34.35M22.44M29.49M
Provision for Income Taxes31.71M22.37M20.87M18.99M16.52M15.79M12.92M10.3M6.34M7.31M
MinorityInterest----------
Investment Gains Losses----------
Other Income----------
Income Before Extraordinaries & Disc Operations45.92M46.48M43.46M40.82M36.15M35.07M29.72M24.05M16.09M22.17M
Extraordinary Items & Discontinued Operations----------
Washington Trust Profit/ Loss (Net Income)
45.92M46.48M43.46M40.82M36.15M35.07M29.72M24.05M16.09M22.17M
Average Shares used to compute Diluted EPS17.34M17.21M17.07M16.87M16.66M16.4M16.28M16.15M16.04M14.15M
Average Shares used to compute Basic EPS17.21M17.08M16.88M16.69M16.51M16.36M16.25M16.11M16M13.98M
Income Before Nonrecurring Items52.13M46.48M43.47M40.82M38.05M35.07M29.72M24.05M16.1M23.4M
Income from Nonrecurring Items-6.2M----1.9M-----0.84M
Washington Trust Earnings Per Share Basic Net
2.662.722.572.442.182.131.821.491.011.61
Washington Trust Earnings Per Share Diluted Net
2.642.702.542.412.162.131.821.491.001.59
EPS Diluted Before Nonrecurring Items3.002.702.542.412.272.131.821.491.001.65
Preferred Dividends Acc Pd----------
Dividends Common----------
Dividend Per Share Common1.541.461.361.221.030.940.880.840.840.83
All figures in USD. M: Millions of USD, B: Billions of USD.
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Before investing one should read a report on Washington Trust stock analysis. It helps to look at the following income statement items:

  • Top line: The word topline comes from the fact that the first line of an income statement refers to sales numbers. If you check you will find that WASH stock has a topline or revenue of $214.39M for 2017 as per this Washington Trust revenue chart. Investors look for stocks with a growing top line.
  • Bottom line: The bottomline or the net income figure is arrived at by deducting all expenses from the topline which in this case is $45.92M for WASH stock. An improving bottomline implies that the company is growing its profits.

The income statement is also called statement of revenue and expense. The WASH financials along with Washington Trust historical stock prices provide a lot of details about the firm.

Washington Trust Income Statement - Key Financial Ratios

PE Ratio (price earnings ratio)
20.31
PS Ratio (price sales ratio)
4.6
Operating Margin
43.8
Net Profit Margin
28.9
Dividend Yield
2.7%