WT1 Stock Overview
Operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 5/6 |
Washington Trust Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$28.00 |
| 52 Week High | US$30.20 |
| 52 Week Low | US$20.20 |
| Beta | 0.81 |
| 11 Month Change | -3.45% |
| 3 Month Change | 12.00% |
| 1 Year Change | 10.24% |
| 33 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 50.94% |
Recent News & Updates
Recent updates
Shareholder Returns
| WT1 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | -6.7% | 0.9% | 4.5% |
| 1Y | 10.2% | 22.9% | 13.4% |
Return vs Industry: WT1 underperformed the German Banks industry which returned 22.9% over the past year.
Return vs Market: WT1 underperformed the German Market which returned 13.4% over the past year.
Price Volatility
| WT1 volatility | |
|---|---|
| WT1 Average Weekly Movement | 6.2% |
| Banks Industry Average Movement | 3.1% |
| Market Average Movement | 5.0% |
| 10% most volatile stocks in DE Market | 11.6% |
| 10% least volatile stocks in DE Market | 2.4% |
Stable Share Price: WT1 has not had significant price volatility in the past 3 months.
Volatility Over Time: WT1's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1800 | 665 | Ned Handy | www.washtrust.com |
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides 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 offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist 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.
Washington Trust Bancorp, Inc. Fundamentals Summary
| WT1 fundamental statistics | |
|---|---|
| Market cap | €484.60m |
| Earnings (TTM) | €41.02m |
| Revenue (TTM) | €169.37m |
11.8x
P/E Ratio1.1x
P/B RatioIs WT1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WT1 income statement (TTM) | |
|---|---|
| Revenue | US$189.11m |
| Cost of Revenue | US$0 |
| Gross Profit | US$189.11m |
| Other Expenses | US$143.31m |
| Earnings | US$45.80m |
Last Reported Earnings
Jun 30, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.69 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.22% |
| Debt/Equity Ratio | 346.9% |
How did WT1 perform over the long term?
See historical performance and comparison