Washington Trust Bancorp, Inc. Net Profit Margin

Net Profit Margin of WASH for past 10 years: annual, quarterly and twelve month trailing (TTM) including Net Profit Margin growth rates and interactive chart. The net profit margin is equal to how much net income or profit is generated as a percentage of revenue. Net profit margin is the ratio of net profits (or net income) to revenues for a company. Net profit margin is typically expressed as a percentage. The net profit margin illustrates how much of each dollar in revenue collected by a company translates into profit.


Highlights and Quick Summary

  • Net Profit Margin for the quarter ending March 30, 2021 was 34.97% (a 11.37% increase compared to previous quarter)
  • Year-over-year quarterly Net Profit Margin decreased by -6.8%
  • Annual Net Profit Margin for 2020 was 32.12% (a -6.63% decrease from previous year)
  • Annual Net Profit Margin for 2019 was 34.4% (a -2.08% decrease from previous year)
  • Annual Net Profit Margin for 2018 was 35.13% (a 41.37% increase from previous year)
  • Twelve month Net Profit Margin ending March 30, 2021 was 33.9% (a 8.17% increase compared to previous quarter)
  • Twelve month trailing Net Profit Margin increased by 20.13% year-over-year
Trailing Net Profit Margin for the last four month:
30 Mar '21 30 Dec '20 29 Sep '20 29 Jun '20
33.9% 31.34% 29.3% 28.22%
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Historical Net Profit Margin of Washington Trust Bancorp, Inc.

Most recent Net Profit Marginof WASH including historical data for past 10 years.

Interactive Chart of Net Profit Margin of Washington Trust Bancorp, Inc.

Washington Trust Bancorp, Inc. Net Profit Margin for the past 10 Years (both Annual and Quarterly)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 34.97%
2020 31.4% 31.85% 37.52% 23.75% 32.12%
2019 24.17% 27.67% 25.61% 26.69% 34.4%
2018 27.13% 28.94% 29.75% 28.79% 35.13%
2017 14.44% 23.45% 24.41% 23.43% 24.85%
2016 23.08% 24.4% 22.94% 22.97% 26.99%
2015 22.77% 22.47% 24.59% 24.33% 23.54%
2014 24.2% 24.25% 23.1% 19.11% 22.58%
2013 21.65% 21.29% 19.88% 17.69% 20.17%
2012 18.47% 18.87% 18.79% 18.85% 18.74%
2011 16.91% 17.43% 17.31% 16.35% 17.01%
2010 16.32% 14.29% 12.61% 13.97%

Business Profile of Washington Trust Bancorp, Inc.

Sector: Financial Services
Industry: Banks—Regional
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans consists of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machine, telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer that offers variable annuities and college savings plans. As of December 31, 2020, it had 10 branch offices located in southern Rhode Island; 12 branch offices located in the greater Providence area in Rhode Island; and 1 branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.