Washington Trust Bancorp Balance Sheet Health
Financial Health criteria checks 6/6
Washington Trust Bancorp has total assets of $7.1B and total equity of $502.2M. Total deposits are $5.2B, and total loans are $5.5B. It earns a Net Interest Margin of 2.1%. It has sufficient allowance for bad loans, which are currently at 0.6% of total loans. Cash and short-term investments are $247.8M.
Key information
14.2x
Asset to equity ratio
2.1%
Net interest margin
| Total deposits | US$5.17b |
| Loan to deposit ratio | Appropriate |
| Bad loans | 0.6% |
| Allowance for bad loans | Sufficient |
| Current ratio | Low |
| Cash & equivalents | US$247.79m |
Recent financial health updates
No updates
Recent updates
Washington 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
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 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 27Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WASH's Assets to Equity ratio (14.2x) is moderate.
Allowance for Bad Loans: WASH has a sufficient allowance for bad loans (137%).
Low Risk Liabilities: 78% 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 (106%) is appropriate.
Level of Bad Loans: WASH has an appropriate level of bad loans (0.6%).