Washington Trust Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Washington Trust Bancorp has total assets of $7.2B and total equity of $466.9M. Total deposits are $5.3B, and total loans are $5.6B. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 0.5% of total loans. Cash and short-term investments are $102.1M.
Key information
15.5x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$5.35b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.5% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$102.14m |
Recent financial health updates
No 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
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WASH's Assets to Equity ratio (15.5x) is moderate.
Allowance for Bad Loans: WASH has a sufficient allowance for bad loans (136%).
Low Risk Liabilities: 79% of WASH's liabilities are made up of primarily low risk sources of funding.
Loan Level: WASH has an appropriate level of Loans to Assets ratio (78%).
Low Risk Deposits: WASH's Loans to Deposits ratio (106%) is appropriate.
Level of Bad Loans: WASH has an appropriate level of bad loans (0.5%).