Commercial Banking was the largest of Washington Trust Bancorp Inc’s 3 reported lines in fiscal 2011, at $97.77M — 71% of $137.72M.
| Segment | FY 2010 | FY 2011 |
|---|---|---|
| Commercial Banking | $93.56M | $97.77M |
| Wealth Management Service | $26.35M | $28.31M |
| Corporate | $5.76M | $11.64M |
| Total | $125.66M | $137.72M |
In fiscal 2011, which ended December 31, 2011, the 3 segments Washington Trust Bancorp Inc reported in this breakdown added up to $137.72M. That was up 9.6% from $125.66M in fiscal 2010. Commercial Banking was the largest segment, at $97.77M or 71.0% of the total, followed by Wealth Management Service ($28.31M, 20.6%) and Corporate ($11.64M, 8.5%). Together, the two largest segments made up 91.5% of this total.
Compared with fiscal 2010, Corporate grew the fastest, rising 102.1% to $11.64M. Every sizeable segment reported in both years grew.
This breakdown covers every fiscal year from 2010 to 2011, as reported in Washington Trust Bancorp Inc's annual filings.
Washington Trust Bancorp Inc (WASH) breaks its revenue down by segment. In fiscal 2011, its largest segment was Commercial Banking, with $97.77M or 71.0% of the total, followed by Wealth Management Service at $28.31M (20.6%).
Commercial Banking was Washington Trust Bancorp Inc's largest segment in fiscal 2011, with $97.77M in revenue, 71.0% of the $137.72M reported across its 3 segments.
Of the Washington Trust Bancorp Inc segments reported in both fiscal 2010 and fiscal 2011, and making up at least 2% of the total, Corporate grew the fastest, rising 102.1% from $5.76M to $11.64M.
Every figure is taken from Washington Trust Bancorp Inc's annual financial filings and shown as reported: each line keeps the name the company gives it, years follow its own fiscal calendar, and lines it has stopped reporting stay in the table for the years they were reported.
The breakdown by segment covers fiscal 2010 to 2011. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.