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How to Buy Washington Trust Bancorp Stock

Washington Trust Bancorp Inc

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses.

Washington Trust Bancorp stock last closed at $30.56, up 0.53% from the previous day, and has increased 20.7% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.15 percentage points. Washington Trust Bancorp stock is currently +40.89% from its 52-week low of $21.69, and -10.83% from its 52-week high of $34.27.

At the moment, there are 17.06M WASH shares outstanding. The market cap of WASH is $521.31M. In the past 24 hours, 54,153 WASH shares were traded.

How to Buy Washington Trust Bancorp Stock

Not sure how to invest in Washington Trust Bancorp stock? Here's how.
  1. Decide where to buy Washington Trust Bancorp stock: You need to pick a stock brokerage, but don't worry - we've researched dozens of stock brokerages and apps to help you decide where to buy Washington Trust Bancorp stock.
  2. Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Put funds into your investment account: Pick your payment method and add your details.
  4. Analyze Washington Trust Bancorp stock: The Washington Trust Bancorp ticker symbol is WASH. Is Washington Trust Bancorp stock a good investment? Should you buy shares of WASH? How do WASH's underlying business fundamentals look? Do top analysts think Washington Trust Bancorp is a good buy? Why has WASH's stock price moved recently? (Hint: Our stock research tools can help you decide if WASH is a good stock to buy).
  5. Execute your WASH purchase: Decide if you will purchase WASH shares at the current market price or use a limit order to buy WASH stock at a particular price.
  6. Get updates on your WASH position: Create a watchlist to get the latest news on your position in Washington Trust Bancorp stock.

Step 1: Decide where to buy Washington Trust Bancorp stock

You will need an online brokerage account in order to access the NASDAQ market and buy WASH shares.

A brokerage account allows you to buy and sell a variety of financial instruments, such as stocks, bonds, mutual funds, and ETFs.

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  • Social investing: eToro has a community of more than 20 million users globally. Talk to, learn from, and copy the unique crypto portfolios of top investors.
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Get $10 towards your purchase of shares by signing up for an account with eToro today.

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Step 2: Sign up for your brokerage account

Now that you've selected your brokerage, you need to fill out some personal information so you can invest in WASH today.

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  1. Click here to get started.
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  2. Enter your personal details to start a new trading account.
  1. Send your details by pressing the "Create Account" button.
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Step 3: Put funds into your investment account

Now that you have filled out your info on apps for stocks, you need to deposit funds:

Check out the video below for more details transferring funds into your investment account.

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Step 4: Analyze Washington Trust Bancorp stock

After you have chosen the best place to buy Washington Trust Bancorp stock, it's absolutely critical to research their stock prior to buying, so you can wrap your head around the risk and opportunity.

Washington Trust Bancorp stock at a glance

WASH Price
$30.56
1w %
-3.6%
1y %
20.7%
5y %
-35.08%
P/E
11.4x
P/B
1.11x
P/S
2.76x
PEG
N/A
Revenue
$189.11M
Earnings
$45.80M
Fore. Rev. Growth
0.69%
Fore. Earn. Growth
-11.19%
Market Cap
$521.31M
Next Earnings
Oct 21, 2024
Next Dividend
Oct 11, 2024

WASH Zen Score

WallStreetZen was built to help average investors do more in-depth fundamental analysis.

You can see all of the due diligence checks on WASH's stock page.

What is the fair value of WASH stock?

Analysts use a variety of different financial metrics, analyses, models, and charts to gauge WASH's true value.

Using relative valuations measures:

  • WASH may be undervalued based on its P/E ratio of 11.4x, relative to Banks - Regional industry P/E ratio of 11.85x
  • WASH may be overvalued based on its P/B ratio of 1.11x, relative to Banks - Regional industry P/B ratio of 1.1x

You can access additional valuation research on WASH's stock here.

WASH Financial Summary

Passed Financial Due Diligence Checks:

  • WASH earnings of $53.80M is not enough to cover its interest payments.

Failed Financial Due Diligence Checks:

  • WASH profit margin has gone down from 28.4% to 24.2% in the past year.
  • WASH's operating cash flow of $54.63M allows it to safely service it's debt of $1.60B.
  • WASH has a relatively high debt to equity ratio of 14.26.
  • Total WASH debt is higher than 5 years ago, relative to shareholder equity.

You can dive deeper into what analysts are projecting on the Washington Trust Bancorp stock forecast page.

Metrics for Advanced WASH Traders

SMA10
31.62
SMA20
31.76
SMA50
31.13
SMA100
29.12
SMA200
28.25
MACD
-0.05
MACD Signal
0.25
MACD Histogram
-0.29
RSI
43.32
Stochastic %K
8.3
Stochastic %D
21.48
StochRSI %K
1.48
StochRSI %D
7.91

WASH Revenue

Last year, WASH earnings were $45.80M. Over the past five year, WASH's earnings have grown by -7.65% per year. This was slower than the Banks - Regional industry average of 100.93%.

Last year, WASH revenue was $189.11M. In the last five year, WASH's revenue has increased by -0.71% per year. This was slower than the Banks - Regional industry average of 17.37%.

Dig into WASH's earnings and revenue performance here.

Latest Insiders Trades at WASH

Over the last year, executives and large shareholders at WASH have sold more shares than they have bought.

Kathleen A. Ryan, EVP and Chief Wealth Mgmt of WASH, was the latest WASH insider to sell. They sold $2,648.00 worth of WASH stock on May 2, 2024.

Research more about who owns WASH shares here.

Does WASH stock generate passive income?

Washington Trust Bancorp pays a dividend of 7.33%, compared to the Banks - Regional industry's average dividend yield of 3.38%. If you owned $1,000 of WASH stock, you would have been paid $73.30 in the past year.

Washington Trust Bancorp dividend payments have consistently grown over the past decade and have remained stable.

Dig into more info about Washington Trust Bancorp dividend yield and history here.

What others are saying about WASH

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other traders have to say.

Step 5: Execute your WASH purchase

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are generally fine.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at a given price, place a limit order.

Hit the Open button and your broker will place your order.

If you need additional help investing in stocks on eToro, click the helpful video below:

Open eToro Account

Step 6: Get updates on your WASH position

Now that you own some WASH stock, you'll want to keep up with your investment.

Make a watchlist to get notified of important updates regarding your WASH stock.

WASH Feed

How to Buy Stock in Washington Trust Bancorp

To summarize, here are the 6 steps for buying Washington Trust Bancorp stock:

  1. Decide where to buy Washington Trust Bancorp stock
  2. Sign up for your brokerage account
  3. Put funds into your investment account
  4. Analyze Washington Trust Bancorp stock
  5. Execute your WASH purchase
  6. Get updates on your WASH position

If you are looking for a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to watch your investment in Washington Trust Bancorp, click the button below.

NASDAQ: WASH
$30.56+0.16 (+0.53%)
Updated Oct 3, 2024
Open eToro Account
NASDAQ: WASH
$30.56+0.16 (+0.53%)
Updated Oct 3, 2024
Open eToro Account

FAQ

How much does it cost to buy one Washington Trust Bancorp share?

As of Oct 3, 2024, it costs $30.56 to buy one share of Washington Trust Bancorp stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.327 shares of WASH.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

What is the best way to buy Washington Trust Bancorp stock?

One way to place an order for Washington Trust Bancorp stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.