WASH Stock Overview
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.
| Snowflake Score | |
|---|---|
| Valuation | 4/6 |
| 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$25.99 |
| 52 Week High | US$33.96 |
| 52 Week Low | US$21.69 |
| Beta | 0.81 |
| 1 Month Change | -1.25% |
| 3 Month Change | -11.33% |
| 1 Year Change | -8.65% |
| 3 Year Change | -49.33% |
| 5 Year Change | -49.58% |
| Change since IPO | 722.34% |
Recent News & Updates
Recent updates
Results: Washington Trust Bancorp, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 25
Reassessing Washington Trust Bancorp
Feb 10Washington Trust Bancorp's (NASDAQ:WASH) Upcoming Dividend Will Be Larger Than Last Year's
Mar 20Washington Trust Bancorp declares $0.54 dividend
Sep 15Washington Trust Bancorp: Steady Growth, 3.9% Dividend Yield
Aug 19Washington Trust Bancorp GAAP EPS of $1.14 beats by $0.23, revenue of $53.39M misses by $1.13M
Jul 25Washington Trust Bancorp: Mortgage Banking And Provision Normalization To Drag Earnings
Jun 12Washington Trust Bancorp: Earnings Dip Likely Due To Mortgage Revenue Normalization
Mar 27Washington Trust Bancorp (NASDAQ:WASH) Will Pay A Larger Dividend Than Last Year At US$0.54
Mar 21Is Now The Time To Put Washington Trust Bancorp (NASDAQ:WASH) On Your Watchlist?
Mar 02Washington Trust Bancorp: Earnings To Dip Mostly Due To A Decline In Mortgage Refinancing Activity
Jan 05Washington Trust Bancorp (NASDAQ:WASH) Will Pay A Larger Dividend Than Last Year At US$0.54
Dec 21Here's Why We Think Washington Trust Bancorp (NASDAQ:WASH) Is Well Worth Watching
Dec 01Washington Trust Bancorp: Another Conventional Bank With Unconventional Results
Oct 22Washington Trust: Still Stellar Asset And Credit Quality
Jul 28Washington Trust Bancorp: Favorable Operating Environment To Boost Earnings
May 29Here's Why I Think Washington Trust Bancorp (NASDAQ:WASH) Is An Interesting Stock
May 27Some Shareholders May find It Hard To Increase Washington Trust Bancorp, Inc.'s (NASDAQ:WASH) CEO Compensation This Year
Apr 21Update: Washington Trust Bancorp (NASDAQ:WASH) Stock Gained 48% In The Last Year
Mar 09The Attractive Combination That Could Earn Washington Trust Bancorp, Inc. (NASDAQ:WASH) A Place In Your Dividend Portfolio
Feb 02
Shareholder Returns
| WASH | US Banks | US Market | |
|---|---|---|---|
| 7D | 5.5% | 5.3% | 1.0% |
| 1Y | -8.6% | 31.6% | 21.9% |
Return vs Industry: WASH underperformed the US Banks industry which returned 34.4% over the past year.
Return vs Market: WASH underperformed the US Market which returned 24.9% over the past year.
Price Volatility
| WASH volatility | |
|---|---|
| WASH Average Weekly Movement | 5.6% |
| Banks Industry Average Movement | 4.5% |
| Market Average Movement | 6.0% |
| 10% most volatile stocks in US Market | 16.8% |
| 10% least volatile stocks in US Market | 3.0% |
Stable Share Price: WASH has not had significant price volatility in the past 3 months.
Volatility Over Time: WASH'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
| WASH fundamental statistics | |
|---|---|
| Market cap | US$442.69m |
| Earnings (TTM) | US$46.23m |
| Revenue (TTM) | US$188.49m |
9.6x
P/E Ratio0.9x
P/B RatioIs WASH overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WASH income statement (TTM) | |
|---|---|
| Revenue | US$188.49m |
| Cost of Revenue | US$0 |
| Gross Profit | US$188.49m |
| Other Expenses | US$142.26m |
| Earnings | US$46.23m |
Last Reported Earnings
Mar 31, 2024
Next Earnings Date
n/a
| Earnings per share (EPS) | 2.71 |
| Gross Margin | 100.00% |
| Net Profit Margin | 24.53% |
| Debt/Equity Ratio | 270.4% |
How did WASH perform over the long term?
See historical performance and comparison