Washington Trust Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Washington Trust Bancorp has total assets of $6.6B and total equity of $521.7M. Total deposits are $5.0B, and total loans are $5.1B. It earns a Net Interest Margin of 1.9%. It has sufficient allowance for bad loans, which are currently at 0.4% of total loans. Cash and short-term investments are $160.9M.
Key information
12.6x
Asset to equity ratio
1.9%
Net interest margin
| Total deposits | US$5.04b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.4% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$160.90m |
Recent financial health updates
No updates
Recent updates
Washington Trust Bancorp (NASDAQ:WASH) Has Announced A Dividend Of $0.56
Mar 24
A Downgrade At Last For Washington Trust Bancorp
Jan 10Washington Trust Bancorp (NASDAQ:WASH) Has Affirmed Its Dividend Of $0.56
Dec 24Washington Trust: The New Macroeconomic Environment Could Be Favorable (Rating Upgrade)
Oct 23Washington Trust Bancorp (NASDAQ:WASH) Will Pay A Dividend Of $0.56
Sep 24
Tactical Shifts And New Tools Could Hamper Bank's Growth And Profit Margins
Shifting focus from asset growth to improve capital ratios may hinder revenue and earnings potential.Washington Trust Bancorp: Is Its Dividend Sustainable In Case Of A Recession?
Aug 10Earnings Beat: Washington Trust Bancorp, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Jul 26Washington Trust Bancorp's (NASDAQ:WASH) Dividend Will Be $0.56
Jun 24Washington Trust Bancorp: 8.54% Dividend Yield, Is It A Trap?
May 26Results: Washington Trust Bancorp, Inc. Beat Earnings Expectations And Analysts Now Have New Forecasts
Apr 25Reassessing 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 12Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WASH's Assets to Equity ratio (12.6x) is moderate.
Allowance for Bad Loans: WASH has a sufficient allowance for bad loans (190%).
Low Risk Liabilities: 83% 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 (77%).
Low Risk Deposits: WASH's Loans to Deposits ratio (100%) is appropriate.
Level of Bad Loans: WASH has an appropriate level of bad loans (0.4%).
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/23 19:58 |
| End of Day Share Price | 2025/05/23 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
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Analyst Sources
Washington Trust Bancorp, Inc. is covered by 6 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 |