WallStreetZenWallStreetZen

NASDAQ: WASH
Washington Trust Bancorp Inc Stock

$30.56+0.16 (+0.53%)
Updated Oct 3, 2024
WASH Price
$30.56
Fair Value Price
N/A
Market Cap
$521.31M
52 Week Low
$21.69
52 Week High
$34.27
P/E
11.4x
P/B
1.11x
P/S
2.47x
PEG
N/A
Dividend Yield
7.33%
Revenue
$189.11M
Earnings
$45.80M
Gross Margin
100%
Operating Margin
28.45%
Profit Margin
24.2%
Debt to Equity
14.26
Operating Cash Flow
$55M
Beta
0.96
Next Earnings
Oct 21, 2024
Ex-Dividend
Oct 1, 2024
Next Dividend
Oct 11, 2024

WASH Overview

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. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machine, telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer; and offers variable annuities and college savings plans. As of December 31, 2021, it had 10 branch offices located in southern Rhode Island, 13 branch offices located in the greater Providence area in Rhode Island, and 1 branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

Zen Score

Industry Average (31)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how WASH scored across 38 valuation, financial, forecast, performance, and dividend due diligence checks.

Due Diligence Checks

WASH is forecast by analysts to be unprofitable, so we are unable to calculate its intrinsic value according to an updated version of Benjamin Graham's Formula from "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
WASH is good value based on its earnings relative to its share price (11.4x), compared to the US market average (26.22x)
P/E vs Market Valuation
WASH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 35 more WASH due diligence checks available for Premium users.

Be the first to know about important WASH news, forecast changes, insider trades & much more!

WASH News

Valuation

WASH price to earnings (PE)

For valuing profitable companies with steady earnings
Company
11.4x
Industry
11.85x
Market
26.22x
WASH is good value based... subscribe to Premium to read more.
P/E vs Industry Valuation
WASH is good value based... subscribe to Premium to read more.
P/E vs Market Valuation

WASH price to book (PB)

For valuing companies that are loss-making or have lots of physical asset
Company
1.11x
Industry
1.1x
WASH is poor value based... subscribe to Premium to read more.
P/B vs Industry Valuation

WASH's financial health

Profit margin

Revenue
$47.7M
Net Income
$10.8M
Profit Margin
22.6%
WASH's Earnings (EBIT) of $53.80M... subscribe to Premium to read more.
Interest Coverage Financials
WASH's profit margin has decreased... subscribe to Premium to read more.
Profit Margin Growth Financials

Assets to liabilities

Assets
$7.2B
Liabilities
$6.7B
Debt to equity
14.26
WASH's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
WASH's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials

Cash flow

Operating
$11.2M
Investing
$62.5M
Financing
-$71.7M
WASH's operating cash flow ($54.63M)... subscribe to Premium to read more.
Debt Coverage Financials

WASH vs Bank Stocks

TickerMarket Cap1d %P/EP/B
WASH$521.31M+0.53%11.40x1.11x
SPFI$523.23M-0.47%11.49x1.25x
ESQ$509.91M+0.82%11.86x2.35x
FMNB$535.84M-1.66%10.33x1.35x
HONE$544.00M+0.57%31.41x0.94x

Washington Trust Bancorp Stock FAQ

What is Washington Trust Bancorp's quote symbol?

(NASDAQ: WASH) Washington Trust Bancorp trades on the NASDAQ under the ticker symbol WASH. Washington Trust Bancorp stock quotes can also be displayed as NASDAQ: WASH.

If you're new to stock investing, here's how to buy Washington Trust Bancorp stock.

What is the 52 week high and low for Washington Trust Bancorp (NASDAQ: WASH)?

(NASDAQ: WASH) Washington Trust Bancorp's 52-week high was $34.27, and its 52-week low was $21.69. It is currently -10.83% from its 52-week high and 40.89% from its 52-week low.

How much is Washington Trust Bancorp stock worth today?

(NASDAQ: WASH) Washington Trust Bancorp currently has 17,058,411 outstanding shares. With Washington Trust Bancorp stock trading at $30.56 per share, the total value of Washington Trust Bancorp stock (market capitalization) is $521.31M.

Washington Trust Bancorp stock was originally listed at a price of $23.33 in Dec 31, 1997. If you had invested in Washington Trust Bancorp stock at $23.33, your return over the last 26 years would have been 30.97%, for an annualized return of 1.04% (not including any dividends or dividend reinvestments).

How much is Washington Trust Bancorp's stock price per share?

(NASDAQ: WASH) Washington Trust Bancorp stock price per share is $30.56 today (as of Oct 3, 2024).

What is Washington Trust Bancorp's Market Cap?

(NASDAQ: WASH) Washington Trust Bancorp's market cap is $521.31M, as of Oct 4, 2024.

Market cap (market capitalization) is the total market value of a publicly traded company's outstanding shares.

Washington Trust Bancorp's market cap is calculated by multiplying WASH's current stock price of $30.56 by WASH's total outstanding shares of 17,058,411.
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.