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

Company Overview

Washington Trust Bancorp, Inc. is the bank holding company for The Washington Trust Company, a community bank headquartered in Westerly, Rhode Island. Through its subsidiary, the company operates a network of branch offices across Rhode Island and southeastern Connecticut, serving individuals, small businesses and municipalities with a full suite of financial services.

The company’s core business activities encompass retail and commercial banking, including checking and savings accounts, consumer and commercial loans, mortgage financing, and cash management solutions. In addition to traditional deposit and lending products, Washington Trust Bancorp offers wealth management and fiduciary services such as trust and estate administration, investment advisory, retirement planning and insurance products to high‐net‐worth clients and nonprofit organizations.

The Washington Trust Company traces its origins to 1800, making it the oldest community bank in Rhode Island. Over its more than two centuries of operation, the bank has maintained a commitment to conservative lending practices, local decision-making and community involvement. The bank holding company structure was established to support strategic growth initiatives and streamline regulatory compliance as the business expanded.

Today, Washington Trust Bancorp is led by a board of directors composed of regional business and civic leaders and an executive management team with deep experience in banking, finance and community development. The company emphasizes relationship banking, aiming to foster long‐term partnerships with customers and support economic growth in the communities it serves.

Key Stats

• Today's Range: $28.85 to $29.70
• 50-Day Range: $26.43 to $30.54
• 52-Week Range: $24.95 to $40.59
• Volume: 159,677 shs
• Average Volume: 123,990 shs
• Market Capitalization: $553.34 million
• P/E Ratio: N/A
• Dividend Yield: 7.76%
• Price Target: $29.00
• Consensus Rating: Hold

Washington Trust Bancorp Stock Analysis - MarketRank™

Washington Trust Bancorp scored higher than 54% of companies evaluated by MarketBeat, and ranked 664th out of 923 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: 1.5 / 5
• Analyst Rating: Hold

Consensus Rating

Washington Trust Bancorp has received a consensus rating of Hold. The company's average rating score is 2.20, and is based on no buy ratings, 3 hold ratings, and 1 sell rating.

Upside/Downside

The consensus price target for Washington Trust Bancorp is close to its current price, suggesting limited near-term upside or downside.

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 -19.13, 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 -19.13, 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 0.84. 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 1.11. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

4.24% of the outstanding shares of Washington Trust Bancorp have been sold short.

Short Interest Ratio / Days to Cover

Washington Trust Bancorp has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Washington Trust Bancorp has recently decreased by 3.12%, indicating that investor sentiment is improving.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Washington Trust Bancorp is a leading dividend payer. It pays a dividend yield of 7.62%, 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

4.24% of the outstanding shares of Washington Trust Bancorp have been sold short.

Short Interest Ratio / Days to Cover

Washington Trust Bancorp has a short interest ratio ("days to cover") of 5.6.

Change versus previous month

Short interest in Washington Trust Bancorp has recently decreased by 3.12%, indicating that investor sentiment is improving.

News and Social Media

• Score: 2.6 / 5
• News Sentiment: N/A

News Sentiment

Washington Trust Bancorp has a news sentiment score of 0.76. 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 news sentiment score is similar to the average news sentiment of Finance companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Washington Trust Bancorp this week, compared to 4 articles on an average week.

Search Interest

10 people have searched for WASH on MarketBeat in the last 30 days. This is an increase of 900% compared to the previous 30 days.

MarketBeat Follows

3 people have added Washington Trust Bancorp to their MarketBeat watchlist in the last 30 days. This is an increase of 200% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Washington Trust Bancorp insiders have not sold or bought any 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 7.9% and is now trading at $28.88.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp, Inc. (NASDAQ:WASH) posted its earnings results on Monday, July, 21st. The financial services provider reported $0.68 EPS for the quarter, topping the consensus estimate of $0.63 by $0.05. The financial services provider earned $54.26 million during the quarter, compared to the consensus estimate of $54.07 million. Washington Trust Bancorp had a positive trailing twelve-month return on equity of 9.05% and a negative net margin of 6.10%.
Read the conference call transcript.

Who are Washington Trust Bancorp's major shareholders?

Washington Trust Bancorp's top institutional shareholders include New England Research & Management Inc. (0.19%) and Sanders Morris Harris LLC (0.04%). Insiders that own company stock include Kristen L Disanto, Mary E Noons, Dennis L Algiere, Kathleen A Ryan, Edwin J Santos and Constance A Howes.
View institutional ownership trends.

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

• Record date for 7/11 Dividend: 7/01/2025
• Ex-Dividend for 7/11 Dividend: 7/01/2025
• Dividend Payable: 7/11/2025
• Last Earnings: 7/21/2025
• Record date for 10/10 Dividend: 10/01/2025
• Ex-Dividend for 10/10 Dividend: 10/01/2025
• Today: 10/07/2025
• Dividend Payable: 10/10/2025
• Next Earnings (Estimated): 10/20/2025
• 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: $29.00
• High Price Target: $31.00
• Low Price Target: $28.00
• Potential Upside/Downside: +0.4%
• Consensus Rating: Hold
• Rating Score (0-4): 2.20
• Research Coverage: 5 Analysts

Profitability

• EPS (Trailing Twelve Months): ($1.51)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: 10.46
• P/E Growth: 0.84
• Net Income: -$28.06 million
• Net Margins: -6.10%
• Pretax Margin: -8.41%
• Return on Equity: 9.05%
• Return on Assets: 0.68%

Debt

• Debt-to-Equity Ratio: 1.94
• Current Ratio: 1.05
• Quick Ratio: 1.04

Sales & Book Value

• Annual Sales: $403.73 million
• Price / Sales: 1.37
• Cash Flow: $2.83 per share
• Price / Cash Flow: 10.20
• Book Value: $25.95 per share
• Price / Book: 1.11

Miscellaneous

• Outstanding Shares: 19,160,000
• Free Float: 18,946,000
• Market Cap: $553.34 million
• Optionable: Optionable
• Beta: 0.91