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 $26.47, up 0.04% from the previous day, and has decreased 11.74% in one year. It has underperformed other stocks in the Banks - Regional industry by 0.27 percentage points. Washington Trust Bancorp stock is currently +22.04% from its 52-week low of $21.69, and -22.06% from its 52-week high of $33.96.
At the moment, there are 17.03M WASH shares outstanding. The market cap of WASH is $450.87M. In the past 24 hours, 71,239 WASH shares were traded.
How to Buy Washington Trust Bancorp Stock
Not sure how to invest in Washington Trust Bancorp stock? Here's how.
- 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.
- Sign up for your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Put funds into your investment account: Pick your payment method and add your details.
- 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).
- 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.
- 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.
Our preferred brokerage: eToro
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Get $10 towards your purchase of shares by signing up for an account with eToro today.
Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to start a new trading account.
- Send your details by pressing the "Create Account" button. Get started with eToro today
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.
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 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 9.39x, relative to Banks - Regional industry P/E ratio of -10.44x
- WASH may be undervalued based on its P/B ratio of 0.95x, relative to Banks - Regional industry P/B ratio of 0.99x
You can access additional valuation research on WASH's stock here.
WASH Financial Summary
Passed Financial Due Diligence Checks:
- WASH earnings of $56.40M is not enough to cover its interest payments.
Failed Financial Due Diligence Checks:
- WASH profit margin has gone down from 32.5% to 25.3% in the past year.
- WASH's operating cash flow of $31.60M allows it to safely service it's debt of $1.24B.
- WASH has a relatively high debt to equity ratio of 14.24.
- 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
WASH Revenue
Last year, WASH earnings were $48.09M. Over the past five year, WASH's earnings have grown by -6.52% per year. This was slower than the Banks - Regional industry average of 16.35%.
Last year, WASH revenue was $190.04M. In the last five year, WASH's revenue has increased by -0.29% per year. This was slower than the Banks - Regional industry average of 7.4%.
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.
Dennis L. Algiere, EVP Ch Comp OffDir Com Affair of WASH, was the latest WASH insider to sell. They sold $18,617.25 worth of WASH stock on Apr 22, 2024.
Research more about who owns WASH shares here.
Does WASH stock generate passive income?
Washington Trust Bancorp pays a dividend of 8.46%, compared to the Banks - Regional industry's average dividend yield of 3.81%. If you owned $1,000 of WASH stock, you would have been paid $84.62 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:
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:
- Decide where to buy Washington Trust Bancorp stock
- Sign up for your brokerage account
- Put funds into your investment account
- Analyze Washington Trust Bancorp stock
- Execute your WASH purchase
- 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 TodayIf you would like to watch your investment in Washington Trust Bancorp, click the button below.
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