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
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 2/6 |
| Past Performance | 1/6 |
| Financial Health | 6/6 |
| Dividends | 6/6 |
My Notes
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Washington Trust Bancorp, Inc. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$32.20 |
| 52 Week High | US$37.00 |
| 52 Week Low | US$22.20 |
| Beta | 0.84 |
| 1 Month Change | -7.47% |
| 3 Month Change | 0% |
| 1 Year Change | 16.67% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 73.58% |
Recent News & Updates
Recent updates
Shareholder Returns
| WT1 | DE Banks | DE Market | |
|---|---|---|---|
| 7D | 3.2% | 1.2% | 1.7% |
| 1Y | 16.7% | 29.0% | 12.9% |
Return vs Industry: WT1 underperformed the German Banks industry which returned 30.3% over the past year.
Return vs Market: WT1 exceeded the German Market which returned 12.8% over the past year.
Price Volatility
| WT1 volatility | |
|---|---|
| WT1 Average Weekly Movement | 11.5% |
| Banks Industry Average Movement | 3.2% |
| Market Average Movement | 4.8% |
| 10% most volatile stocks in DE Market | 11.0% |
| 10% least volatile stocks in DE Market | 2.4% |
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 (11%) has been stable over the past year, but is still higher than 75% of German stocks.
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 | €608.53m |
| Earnings (TTM) | €43.80m |
| Revenue (TTM) | €181.28m |
13.9x
P/E Ratio1.3x
P/B RatioIs WT1 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WT1 income statement (TTM) | |
|---|---|
| Revenue | US$188.97m |
| Cost of Revenue | US$0 |
| Gross Profit | US$188.97m |
| Other Expenses | US$143.30m |
| Earnings | US$45.66m |
Last Reported Earnings
Sep 30, 2024
Next Earnings Date
Jan 29, 2025
| Earnings per share (EPS) | 2.37 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.16% |
| Debt/Equity Ratio | 271.0% |
How did WT1 perform over the long term?
See historical performance and comparisonDividends
6.8%
Current Dividend Yield84%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/28 06:00 |
| End of Day Share Price | 2025/01/28 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Washington Trust Bancorp, Inc. is covered by 7 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Erik Zwick | Boenning & Scattergood, Inc. |
| Taylor Brodarick | Guggenheim Securities, LLC |
| Damon DelMonte | Keefe, Bruyette, & Woods |