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Washington Trust Bancorp (Washington Trust Bancorp) Selling, General, & Admin. Expense

: $89.7 Mil (TTM As of Dec. 2023)
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Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. Washington Trust Bancorp's selling, general, & admin. expense for the three months ended in Dec. 2023 was $20.6 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Dec. 2023 was $89.7 Mil.


Washington Trust Bancorp Selling, General, & Admin. Expense Historical Data

The historical data trend for Washington Trust Bancorp's Selling, General, & Admin. Expense 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 Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Selling, General, & Admin. Expense
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 74.91 86.19 90.73 88.08 89.69

Washington Trust Bancorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Selling, General, & Admin. Expense 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 Premium Member Only Premium Member Only Premium Member Only 22.01 23.06 22.39 23.60 20.64

Competitive Comparison

For the Banks - Regional subindustry, Washington Trust Bancorp's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense 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 Selling, General, & Admin. Expense Distribution

For the Banks industry and Financial Services sector, Washington Trust Bancorp's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where Washington Trust Bancorp's Selling, General, & Admin. Expense falls into.



Washington Trust Bancorp Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense 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 $89.7 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) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


Washington Trust Bancorp Selling, General, & Admin. Expense Related Terms

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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