GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Washington Trust Bancorp Inc (NAS:WASH) » Definitions » Pre-Tax Income

Washington Trust Bancorp (Washington Trust Bancorp) Pre-Tax Income : $54.1 Mil (TTM As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is Washington Trust Bancorp Pre-Tax Income?

Pretax income is the income that a company earns before paying income taxes. Washington Trust Bancorp's pretax income for the three months ended in Dec. 2023 was $12.2 Mil. Its pretax income for the trailing twelve months (TTM) ended in Dec. 2023 was $54.1 Mil. Washington Trust Bancorp's pretax margin was 26.49%.

During the past 13 years, Washington Trust Bancorp's highest Pretax Margin was 44.59%. The lowest was 28.26%. And the median was 40.68%.


Washington Trust Bancorp Pre-Tax Income Historical Data

The historical data trend for Washington Trust Bancorp's Pre-Tax Income can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Washington Trust Bancorp Pre-Tax Income Chart

Washington Trust Bancorp Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pre-Tax Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 88.18 89.16 98.19 91.17 56.48

Washington Trust Bancorp Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Pre-Tax Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.11 14.11 14.09 12.17 13.77

Competitive Comparison of Washington Trust Bancorp's Pre-Tax Income

For the Banks - Regional subindustry, Washington Trust Bancorp's Pre-Tax Income, along with its competitors' market caps and Pre-Tax Income data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Washington Trust Bancorp's Pre-Tax Income Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Washington Trust Bancorp's Pre-Tax Income distribution charts can be found below:

* The bar in red indicates where Washington Trust Bancorp's Pre-Tax Income falls into.



Washington Trust Bancorp Pre-Tax Income Calculation

This is the income that a company earns before paying income taxes.

Washington Trust Bancorp's Pretax Income for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+56.481
=56.5

Washington Trust Bancorp's Pretax Income for the quarter that ended in Dec. 2023 is calculated as

Pretax Income=Operating Income+Other
=0+12.173
=12.2

Pre-Tax Income for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $54.1 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Washington Trust Bancorp  (NAS:WASH) Pre-Tax Income Explanation

Washington Trust Bancorp's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pretax Income/Revenue
=12.173/45.96
=26.49%

During the past 13 years, Washington Trust Bancorp's highest Pretax Margin was 44.59%. The lowest was 28.26%. And the median was 40.68%.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Washington Trust Bancorp Pre-Tax Income Related Terms

Thank you for viewing the detailed overview of Washington Trust Bancorp's Pre-Tax Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Washington Trust Bancorp (Washington Trust Bancorp) Business Description

Traded in Other Exchanges
Address
23 Broad Street, Westerly, RI, USA, 02891
Washington Trust Bancorp Inc through its subsidiaries offers banking and financial services to individuals and businesses. It operates in two segments. The Commercial Banking segment includes lending activities, commercial loans, residential real estate loan deposit activities, and others. The Wealth Management Services segment consists of investment management, financial planning, personal trust, and estate services including services as trustee, personal representative, custodian and guardian, and settlement of decedents' estates. The bank generates a majority of its revenue from the Commercial Banking segment.
Executives
Mary E. Noons officer: SVP Retail Lending 37 WATCH HILL WAY, WAKEFIELD RI 02879
Rolando A Lora officer: EVP and Chief Retail Lend Off 140 STOW RD., HARVARD MA 01451
Howes Constance A director 253 FREEMAN PARKWAY, PROVIDENCE RI 02906
Edwin J Santos director 234 MOURNING DOVE DRIVE, SAUNDERSTOWN RI 02874
Kristen L Disanto officer: EVP Human Resources 23 BROAD STREET, WESTERLY RI 02891
Ronald S. Ohsberg officer: EVP and Treasurer 33 BELLE ISLE WAY, CRANSTON RI 02921
Dennis L Algiere officer: SVP Compliance & Comm Affairs
Jabbie Alimamy Dauda Jr. director 16 TECUMSEH STREET, PROVIDENCE RI 02906
Joseph P. Gencarella director 11 BLUEBILL AVE., APT. 604, NAPLES FL 34108
James M Hagerty officer: EVP & Chief Lending Officer 180 NATICK AVENUE, WARWICK RI 02886
Joseph J Marcaurele director, officer: Chairman and CEO 23 BROAD STREET, WESTERLY RI 02891
Lisa M. Stanton director 17064 CROSSGATE DRIVE, JUPITER FL 33477
Wray William K. Sr. officer: SVP Risk Management 71 CHURCH STREET, EAST GREENWICH RI 02818
Sandra Parrillo director 3 ROBIN WAY, NORTH SMITHFIELD RI 02896
Katherine W Hoxsie director