W.T.B. Financial (OTCPK:WTBF.A) - Stock Price, News & Analysis

WTBF.A Stock Overview

Operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers in the United States. More details

WTBF.A fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	0/6
Past Performance	1/6
Financial Health	6/6
Dividends	4/6

Rewards

Trading at 38.5% below our estimate of its fair value

Pays a reliable dividend of 2.5%

Risk Analysis

Earnings have declined by 2.9% per year over past 5 years

Shares are highly illiquid

Profit margins (13.6%) are lower than last year (24.4%)

W.T.B. Financial Corporation Competitors

Hanmi Financial

NasdaqGS:HAFC

US$760.5m

Great Southern Bancorp

NasdaqGS:GSBC

US$721.4m

TrustCo Bank Corp NY

NasdaqGS:TRST

US$689.9m

Independent Bank

NasdaqGS:IBCP

US$774.5m

Price History & Performance

Summary of all time highs, changes and price drops for W.T.B. Financial
Historical stock prices
Current Share Price	US$500.00
52 Week High	US$580.00
52 Week Low	US$455.00
Beta	0.43
11 Month Change	2.04%
3 Month Change	n/a
1 Year Change	0%
33 Year Change	-45.83%
5 Year Change	17.65%
Change since IPO	1,036.36%

Recent updates

Shareholder Returns

	WTBF.A	US Banks	US Market
7D	0%	0.8%	0.3%
1Y	0%	55.5%	31.1%

Return vs Industry: WTBF.A underperformed the US Banks industry which returned 55.5% over the past year.

Return vs Market: WTBF.A underperformed the US Market which returned 31.1% over the past year.

Price Volatility

Is WTBF.A's price volatile compared to industry and market?
WTBF.A volatility
WTBF.A Average Weekly Movement	n/a
Banks Industry Average Movement	5.1%
Market Average Movement	6.2%
10% most volatile stocks in US Market	15.8%
10% least volatile stocks in US Market	3.1%

Stable Share Price: WTBF.A's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: Insufficient data to determine WTBF.A's volatility change over the past year.

About the Company

Founded	Employees	CEO	Website
1902	1,184	Pete Stanton	www.watrust.com

W.T.B. Financial Corporation operates as the bank holding company for Washington Trust Bank that provides banking, fiduciary, asset management, mortgage banking, and other financial services to corporate and individual customers in the United States. The company offers deposit products, including checking, savings, money market, health savings, retirement, and individual retirement accounts, as well as certificates of deposit. It also provides credit and debit cards; personal loans, such as auto and toy, personal lines of credit and term, home equity line of credit, and home equity loans; home loans; business loans comprising equipment lending, commercial real estate, agricultural, and SBA lending; mortgage loans, including first-time home buyers loans, manufactured home loans, refinance, and jumbo loans.

W.T.B. Financial Corporation Fundamentals Summary

How do W.T.B. Financial's earnings and revenue compare to its market cap?
WTBF.A fundamental statistics
Market cap	US$748.10m
Earnings (TTM)	US$43.87m
Revenue (TTM)	US$323.36m

16.9x

P/E Ratio

0.8x

P/B Ratio

Is WTBF.A overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
WTBF.A income statement (TTM)
Revenue	US$323.36m
Cost of Revenue	US$0
Gross Profit	US$323.36m
Other Expenses	US$279.50m
Earnings	US$43.87m

Last Reported Earnings

Jun 30, 2024

Next Earnings Date

n/a

Earnings per share (EPS)	17.47
Gross Margin	100.00%
Net Profit Margin	13.57%
Debt/Equity Ratio	192.6%

How did WTBF.A perform over the long term?

See historical performance and comparison

Dividends

2.5%

Current Dividend Yield

42%

Payout Ratio

W.T.B. Financial OTCPK:WTBF.A Stock Report