Washington Interest Income vs Total Revenue Analysis
WASH Stock | USD 27.21 0.08 0.29% |
Washington Trust financial indicator trend analysis is more than just analyzing Washington Trust Bancorp current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Washington Trust Bancorp is a good investment. Please check the relationship between Washington Trust Interest Income and its Total Revenue accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state.
Interest Income vs Total Revenue
Interest Income vs Total Revenue Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Washington Trust Bancorp Interest Income account and Total Revenue. At this time, the significance of the direction appears to have strong relationship.
The correlation between Washington Trust's Interest Income and Total Revenue is 0.66. Overlapping area represents the amount of variation of Interest Income that can explain the historical movement of Total Revenue in the same time period over historical financial statements of Washington Trust Bancorp, assuming nothing else is changed. The correlation between historical values of Washington Trust's Interest Income and Total Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Income of Washington Trust Bancorp are associated (or correlated) with its Total Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Revenue has no effect on the direction of Interest Income i.e., Washington Trust's Interest Income and Total Revenue go up and down completely randomly.
Correlation Coefficient | 0.66 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Interest Income
Income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments.Total Revenue
Total revenue comprises all receipts Washington Trust Bancorp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Most indicators from Washington Trust's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Washington Trust Bancorp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. As of now, Washington Trust's Issuance Of Capital Stock is increasing as compared to previous years. The Washington Trust's current Enterprise Value is estimated to increase to about 973.6 M, while Selling General Administrative is projected to decrease to under 3 M.
2022 | 2023 | 2024 | 2025 (projected) | Operating Income | 129.6M | 72.7M | 334.9M | 351.7M | Other Operating Expenses | 5.7M | 117.4M | 5.8M | 5.5M |
Washington Trust fundamental ratios Correlations
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Washington Trust Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Washington Trust fundamental ratios Accounts
2020 | 2021 | 2022 | 2023 | 2024 | 2025 (projected) | ||
Common Stock Shares Outstanding | 17.4M | 17.5M | 17.4M | 17.1M | 17.1M | 15.2M | |
Total Assets | 5.7B | 5.9B | 6.7B | 7.2B | 6.9B | 7.3B | |
Other Current Liab | 1.7B | 3.2B | 5.0B | 4.6B | 5.3B | 5.6B | |
Total Stockholder Equity | 534.2M | 564.8M | 453.7M | 472.7M | 499.7M | 254.8M | |
Property Plant And Equipment Net | 58.4M | 55.6M | 58.7M | 61.7M | 53.8M | 31.9M | |
Net Debt | 454.1M | 21.4M | 916.7M | 1.2B | 1.1B | 1.1B | |
Retained Earnings | 418.2M | 458.3M | 492.0M | 501.9M | 434.0M | 455.7M | |
Cash | 194.1M | 175.3M | 115.5M | 86.8M | 109.9M | 67.9M | |
Non Current Assets Total | 1.0B | 1.2B | 130.1M | 7.1B | 128.1M | 121.7M | |
Non Currrent Assets Other | (32.5M) | (31.7M) | (1.1B) | 6.8B | 7.5M | 7.1M | |
Other Assets | 3.6B | 3.5B | 6.4B | 6.8B | 7.8B | 8.2B | |
Cash And Short Term Investments | 1.1B | 1.2B | 1.1B | 90.2M | 25.5M | 24.2M | |
Liabilities And Stockholders Equity | 5.7B | 5.9B | 6.7B | 7.2B | 6.9B | 7.3B | |
Other Stockholder Equity | 122.3M | 125.4M | 118.3M | 110.8M | 183.7M | 192.8M | |
Total Liab | 648.3M | 196.7M | 6.2B | 6.7B | 6.4B | 6.8B | |
Property Plant And Equipment Gross | 58.4M | 55.6M | 58.7M | 108.0M | 88.8M | 93.3M | |
Total Current Assets | 1.1B | 1.2B | 119.9M | 90.2M | 25.5M | 24.2M | |
Short Long Term Debt Total | 648.3M | 196.7M | 1.0B | 1.2B | 1.2B | 1.2B | |
Non Current Liabilities Total | 648.3M | 196.7M | 4.5B | 6.7B | 1.2B | 864.2M | |
Total Current Liabilities | 2.2B | 3.3B | 29.6M | 4.6B | 5.3B | 5.6B | |
Short Term Debt | 521.1M | 114.0M | 29.6M | 554.2M | 637.4M | 669.2M | |
Accumulated Other Comprehensive Income | (7.4M) | (20.0M) | (157.8M) | (141.2M) | (119.2M) | (113.2M) | |
Other Liab | 67.9M | 152.4M | 109.6M | 79.2M | 91.0M | 56.8M | |
Accounts Payable | 3.5B | 4.4B | 5.0B | 5.0B | 5.8B | 6.1B | |
Short Term Investments | 902.7M | 1.0B | 996.9M | 3.4M | 4.0M | 3.8M | |
Property Plant Equipment | 28.7M | 28.9M | 55.6M | 31.6M | 36.3M | 30.4M | |
Other Current Assets | 220.8M | 197.7M | (992.4M) | 122.3M | 110.1M | 104.6M | |
Intangible Assets | 6.3M | 5.4M | 4.6M | 3.7M | 2.9M | 2.7M | |
Net Tangible Assets | 432.4M | 464.0M | 495.5M | 385.2M | 443.0M | 376.5M | |
Retained Earnings Total Equity | 390.4M | 418.2M | 458.3M | 492.0M | 565.8M | 356.9M | |
Capital Surpluse | 123.3M | 125.6M | 126.5M | 127.1M | 146.1M | 123.3M | |
Deferred Long Term Liab | 905K | 1.5M | 1.9M | 2.1M | 2.4M | 2.5M |
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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Trust. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 2.24 | Earnings Share (1.63) | Revenue Per Share | Quarterly Revenue Growth (0) |
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.