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Washington Trust Bancorp DB:WT1 Stock Report

Last Price

€34.20

Market Cap

€603.4m

7D

3.6%

1Y

41.3%

Updated

28 Nov, 2024

Data

Company Financials +

Washington Trust Bancorp, Inc.

DB:WT1 Stock Report

Market Cap: €603.4m

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. More details

WT1 fundamental analysis
Snowflake Score
Valuation2/6
Future Growth2/6
Past Performance1/6
Financial Health6/6
Dividends6/6

Washington Trust Bancorp, Inc. Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Washington Trust Bancorp
Historical stock prices
Current Share PriceUS$34.20
52 Week HighUS$37.00
52 Week LowUS$22.20
Beta0.80
11 Month Change5.56%
3 Month Change17.93%
1 Year Change41.32%
33 Year Changen/a
5 Year Changen/a
Change since IPO84.37%

Recent News & Updates

Recent updates

Shareholder Returns

WT1DE BanksDE Market
7D3.6%-1.6%1.3%
1Y41.3%19.2%7.9%

Return vs Industry: WT1 exceeded the German Banks industry which returned 18.7% over the past year.

Return vs Market: WT1 exceeded the German Market which returned 7.2% over the past year.

Price Volatility

Is WT1's price volatile compared to industry and market?
WT1 volatility
WT1 Average Weekly Movement7.0%
Banks Industry Average Movement3.0%
Market Average Movement4.8%
10% most volatile stocks in DE Market10.8%
10% least volatile stocks in DE Market2.4%

Stable Share Price: WT1's share price has been volatile over the past 3 months compared to the German market.

Volatility Over Time: WT1's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of German stocks.

About the Company

FoundedEmployeesCEOWebsite
1800665Ned Handywww.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

How do Washington Trust Bancorp's earnings and revenue compare to its market cap?
WT1 fundamental statistics
Market cap€603.43m
Earnings (TTM)€43.27m
Revenue (TTM)€179.05m

13.9x

P/E Ratio

1.3x

P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WT1 income statement (TTM)
RevenueUS$188.97m
Cost of RevenueUS$0
Gross ProfitUS$188.97m
Other ExpensesUS$143.30m
EarningsUS$45.66m

Last Reported Earnings

Sep 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)2.68
Gross Margin100.00%
Net Profit Margin24.16%
Debt/Equity Ratio271.0%

How did WT1 perform over the long term?

See historical performance and comparison

Dividends

6.0%

Current Dividend Yield

84%

Payout Ratio