Washington Trust Bancorp (WASH) Stock Price, News & Analysis

Company Overview

Washington Trust Bancorp, Inc. is the bank holding company for The Washington Trust Company, one of the oldest chartered banks in the United States. Founded in 1800 and based in Westerly, Rhode Island, the institution has built a reputation for stability and community banking. Over its two-century history, Washington Trust has grown through both organic expansion and strategic acquisitions, while maintaining a focus on personalized service and local decision making.

The company’s core offerings include a full suite of commercial and retail banking solutions. Commercial clients benefit from business lending, treasury management, and industry-specific financing, while individual customers can access checking and savings accounts, consumer loans, credit cards, and digital banking platforms. Washington Trust emphasizes relationship-driven banking, assigning experienced bankers to guide clients through borrowing, deposit strategies, and cash flow optimization.

In addition to traditional banking services, Washington Trust provides wealth management, trust, and investment advisory services. Through its subsidiary, Washington Trust Wealth Management, the firm offers financial planning, retirement planning, estate administration, and trust services for high-net-worth individuals, families and institutional clients. Mortgage lending is another important segment, with residential lending teams supporting homebuyers across Rhode Island, Connecticut and select Massachusetts markets.

Today, Washington Trust Bancorp operates more than 30 branch locations across southern Rhode Island, southeastern Connecticut and eastern Massachusetts. Under the leadership of Chairman and Chief Executive Officer John V. Kelly III, the company continues to reinforce its commitment to community involvement, supporting local economic development initiatives, charitable organizations and educational programs throughout its footprint. With a blend of historic roots and modern capabilities, Washington Trust Bancorp aims to deliver tailored financial solutions while preserving its heritage of trust and stability.

Key Stats

• Today's Range: $29.25 to $29.59
• 50-Day Range: $26.78 to $29.80
• 52-Week Range: $24.95 to $40.59
• Volume: 103,707 shs
• Average Volume: 154,070 shs
• Market Capitalization: $565.00 million
• P/E Ratio: N/A
• Dividend Yield: 7.65%
• Price Target: $31.00
• Consensus Rating: Moderate Buy

Washington Trust Bancorp Stock Analysis - MarketRank™

Washington Trust Bancorp scored higher than 72% of companies evaluated by MarketBeat, and ranked 399th out of 936 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Washington Trust Bancorp has received a consensus rating of Moderate Buy. The company's average rating score is 2.50, and is based on no buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Washington Trust Bancorp has only been the subject of 2 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 13.04%

Earnings Growth

Earnings for Washington Trust Bancorp are expected to grow by 13.04% in the coming year, from $2.76 to $3.12 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Washington Trust Bancorp is -18.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Washington Trust Bancorp is -18.78, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Growth Ratio

Washington Trust Bancorp has a PEG Ratio of 0.93. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Washington Trust Bancorp has a P/B Ratio of 1.13. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.16% of the float of Washington Trust Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Washington Trust Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Washington Trust Bancorp has recently decreased by 96.55%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Washington Trust Bancorp is a leading dividend payer. It pays a dividend yield of 7.55%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Washington Trust Bancorp does not have a long track record of dividend growth.

Dividend Sustainability

Based on earnings estimates, Washington Trust Bancorp will have a dividend payout ratio of 71.79% next year. This indicates that Washington Trust Bancorp will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.16% of the float of Washington Trust Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Washington Trust Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Washington Trust Bancorp has recently decreased by 96.55%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.5 / 5
• News Sentiment: 1.27

News Sentiment

Washington Trust Bancorp has a news sentiment score of 1.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.94 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 6 news articles for Washington Trust Bancorp this week, compared to 4 articles on an average week.

Search Interest

1 people have searched for WASH on MarketBeat in the last 30 days.

Company Ownership

• Score: 2.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Washington Trust Bancorp insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $15,042.00 in company stock.

Percentage Held by Insiders

Only 1.09% of the stock of Washington Trust Bancorp is held by insiders.

Percentage Held by Institutions

65.81% of the stock of Washington Trust Bancorp is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

WASH Stock Analysis - Frequently Asked Questions

How have WASH shares performed this year?

Washington Trust Bancorp's stock was trading at $31.35 at the beginning of 2025. Since then, WASH stock has decreased by 6.6% and is now trading at $29.29.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp, Inc. (NASDAQ:WASH) issued its earnings results on Monday, April, 21st. The financial services provider reported $0.61 earnings per share for the quarter, missing analysts' consensus estimates of $0.62 by $0.01. The financial services provider had revenue of $59.07 million for the quarter, compared to analyst estimates of $53.16 million. Washington Trust Bancorp had a negative net margin of 6.60% and a positive trailing twelve-month return on equity of 8.82%.
Read the conference call transcript.

How do I buy shares of Washington Trust Bancorp?

Shares of WASH stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of Washington Trust Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Washington Trust Bancorp investors own include Tesla (TSLA), JPMorgan Chase & Co. (JPM), NVIDIA (NVDA), Advanced Micro Devices (AMD), Walt Disney (DIS), Home Depot (HD) and Meta Platforms (META).

Company Calendar

• Last Earnings: 4/21/2025
• Record date for 7/11 Dividend: 7/01/2025
• Ex-Dividend for 7/11 Dividend: 7/01/2025
• Today: 7/11/2025
• Dividend Payable: 7/11/2025
• Next Earnings (Estimated): 7/28/2025
• Fiscal Year End: 12/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: BANKS - NORTHEAST
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:WASH
• CIK: 737468
• Web: www.washtrust.com
• Phone: (401) 348-1200
• Fax: 401-348-1262
• Employees: 650
• Year Founded: 1800

Price Target and Rating

• Average Price Target for Washington Trust Bancorp: $31.00
• High Price Target: $34.00
• Low Price Target: $28.00
• Potential Upside/Downside: +5.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.50
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.56)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.61
• P/E Growth: 0.93
• Net Income: -$28.06 million
• Net Margins: -6.60%
• Pretax Margin: -9.08%
• Return on Equity: 8.82%
• Return on Assets: 0.63%

Debt

• Debt-to-Equity Ratio: 1.67
• Current Ratio: 1.03
• Quick Ratio: 1.03

Sales & Book Value

• Annual Sales: $403.73 million
• Price / Sales: 1.40
• Cash Flow: $2.86 per share
• Price / Cash Flow: 10.25
• Book Value: $25.95 per share
• Price / Book: 1.13

Miscellaneous

• Outstanding Shares: 19,290,000
• Free Float: 19,081,000
• Market Cap: $565.00 million
• Optionable: Optionable
• Beta: 0.90