Washington Trust Bancorp Company Profile (NASDAQ:WASH)

About Washington Trust Bancorp

Washington Trust Bancorp logoWashington Trust Bancorp, Inc. (Bancorp) is a bank holding and financial holding company. The Company operates through two segments: Commercial Banking and Wealth Management Services. Its Commercial Banking segment includes commercial, residential and consumer lending activities; equity in losses of unconsolidated investments in real estate limited partnerships, mortgage banking, secondary market and loan servicing activities; deposit generation; merchant credit card services; cash management activities, and direct banking activities, which include the operation of automated teller machines (ATMs), telephone and Internet banking services, and customer support and sales. Its Wealth Management Services segment includes investment management; financial planning; personal trust and estate services, including services as trustee, personal representative, custodian and guardian; settlement of decedents' estates, and institutional trust services, including fiduciary services.

Industry, Sector and Symbol:
  • Sector: Finance
  • Industry: Regional - Northeast Banks
  • Sub-Industry: Regional Banks
  • Exchange: NASDAQ
  • Symbol: WASH
  • CUSIP: 94061010
Key Metrics:
  • Previous Close: $55.85
  • 50 Day Moving Average: $54.04
  • 200 Day Moving Average: $48.25
  • 52-Week Range: $34.59 - $58.30
  • Trailing P/E Ratio: 20.37
  • Foreward P/E Ratio: 15.85
  • P/E Growth: 3.81
  • Market Cap: $944.35M
  • Outstanding Shares: 17,170,000
  • Beta: 0.65
Profitability:
  • Net Margins: 23.37%
  • Return on Equity: 11.95%
  • Return on Assets: 1.16%
Debt:
  • Debt-to-Equity Ratio: 1.76%
  • Current Ratio: 1.10%
  • Quick Ratio: 1.08%
Additional Links:
Companies Related to Washington Trust Bancorp:

Analyst Ratings

Consensus Ratings for Washington Trust Bancorp (NASDAQ:WASH) (?)
Ratings Breakdown: 1 Hold Rating, 1 Buy Rating
Consensus Rating:Buy (Score: 2.50)
Consensus Price Target: $43.50 (20.91% downside)

Analysts' Ratings History for Washington Trust Bancorp (NASDAQ:WASH)
Show:
DateFirmActionRatingPrice TargetDetails
1/26/2017Compass PointUpgradeNeutral -> BuyView Rating Details
10/3/2016Keefe, Bruyette & WoodsDowngradeOutperform -> Market Perform$41.00View Rating Details
10/2/2015Sandler O'NeillLower Price Target$43.00 -> $42.00View Rating Details
(Data available from 2/25/2015 forward)

Earnings

Earnings History for Washington Trust Bancorp (NASDAQ:WASH)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
4/25/2017        
1/25/2017Q416$0.68$0.70$27.62 millionViewN/AView Earnings Details
10/24/2016Q316$0.64$0.72$26.12 millionViewN/AView Earnings Details
7/25/2016Q216$0.66$0.64$27.36 millionViewN/AView Earnings Details
4/27/2016Q116$0.64$0.64$26.92 millionViewListenView Earnings Details
1/26/2016Q415$0.64$0.62$26.31 millionViewListenView Earnings Details
10/19/2015Q315$0.68$0.60$26.25 millionViewListenView Earnings Details
7/20/2015Q215$0.65$0.68$25.99 million$26.00 millionViewListenView Earnings Details
4/21/2015Q115$0.65$0.65$39.30 millionViewN/AView Earnings Details
1/28/2015Q214$0.63$0.66$38.70 millionViewN/AView Earnings Details
10/20/2014Q114$0.59$0.62$38.05 millionViewN/AView Earnings Details
7/22/2014Q214$0.59$0.58$37.40 millionViewN/AView Earnings Details
4/21/2014Q1 14$0.55$0.55ViewN/AView Earnings Details
1/28/2014Q413$0.59$0.58$40.30 millionViewN/AView Earnings Details
10/21/2013Q213$0.57$0.59$40.00 millionViewN/AView Earnings Details
(Data available from 1/1/2011 forward)

Estimates

Earnings Estimates for Washington Trust Bancorp (NASDAQ:WASH)
Current Year EPS Consensus Estimate: $2.93 EPS
Next Year EPS Consensus Estimate: $3.47 EPS

Dividends

Current Dividend Information for Washington Trust Bancorp (NASDAQ:WASH)
Annual Dividend:$1.48
Dividend Yield:2.69%
Payout Ratio:54.82% (Based on Trailing 12 Months of Earnings)
50.51% (Based on Current Year Consensus EPS Estimate)
42.65% (Based on Next Year Consensus EPS Estimate)

Dividend History for Washington Trust Bancorp (NASDAQ:WASH)
AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
12/16/2016quarterly$0.372.63%12/28/20161/2/20171/13/2017
9/16/2016quarterly$0.373.48%9/29/201610/3/201610/14/2016
6/17/2016quarterly$0.363.77%6/29/20167/1/20167/14/2016
3/18/2016quarterly$0.363.75%3/30/20164/1/20164/14/2016
12/18/2015quarterly$0.343.61%12/30/20151/4/20161/14/2016
9/18/2015quarterly$0.343.52%9/29/201510/1/201510/14/2015
6/22/2015quarterly$0.343.38%6/29/20157/1/20157/14/2015
3/20/2015quarterly$0.343.53%3/30/20154/1/20154/15/2015
12/19/2014quarterly$0.323.3%12/30/20141/2/20151/14/2015
9/18/2014quarterly$0.323.7%9/29/201410/1/201410/15/2014
6/19/2014quarterly$0.293.15%6/27/20147/1/20147/11/2014
3/20/2014quarterly$0.293.06%3/28/20144/1/20144/11/2014
12/19/2013quarterly$0.272.9%12/30/20131/2/20141/14/2014
9/19/2013quarterly$0.263.35%9/26/20139/30/201310/11/2013
6/20/2013quarterly$0.253.53%6/27/20137/1/20137/12/2013
3/21/2013quarterly$0.253.59%3/27/20134/1/20134/12/2013
12/20/2012quarterly$0.243.65%12/28/20121/2/20131/11/2013
(Data available from 1/1/2013 forward)

Insider Trades

Insider Trading History for Washington Trust Bancorp (NASDAQ:WASH)
Insider Ownership Percentage: 2.58%
Institutional Ownership Percentage: 52.41%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
11/25/2016Kristen L DisantoEVPSell3,000$52.80$158,400.00View SEC Filing  
11/21/2016Mark K W GimEVPSell3,000$51.85$155,550.00View SEC Filing  
11/21/2016Victor J Orsinger IIDirectorSell1,000$51.98$51,980.00View SEC Filing  
11/18/2016Mary E NoonsEVPSell418$51.84$21,669.12View SEC Filing  
10/27/2016Dennis L AlgiereSVPSell2,200$46.07$101,354.00View SEC Filing  
9/8/2016Katherine W HoxsieDirectorSell2,000$42.31$84,620.00View SEC Filing  
6/9/2016Dennis L AlgiereSVPSell300$38.61$11,583.00View SEC Filing  
6/3/2016Mary E NoonsSVPSell4,000$38.75$155,000.00View SEC Filing  
11/30/2015David V. DevaultCFOSell3,640$41.06$149,458.40View SEC Filing  
11/27/2015David V. DevaultCFOSell5,221$41.08$214,478.68View SEC Filing  
11/25/2015David V. DevaultCFOSell6,223$41.05$255,454.15View SEC Filing  
11/24/2015David V. DevaultCFOSell3,942$41.03$161,740.26View SEC Filing  
11/20/2015David V. DevaultCFOSell2,183$41.02$89,546.66View SEC Filing  
11/11/2015David V. DevaultCFOSell1,415$41.02$58,043.30View SEC Filing  
11/11/2015Katherine W HoxsieDirectorSell2,000$40.86$81,720.00View SEC Filing  
11/10/2015David V. DevaultCFOSell2,376$41.01$97,439.76View SEC Filing  
11/6/2015David V. DevaultCFOSell30$41.00$1,230.00View SEC Filing  
10/26/2015Elizabeth B. EckelSVPSell2,332$39.86$92,953.52View SEC Filing  
10/23/2015John P. SullivanSVPSell3,200$39.68$126,976.00View SEC Filing  
10/23/2015Stephen M. BessetteEVPSell3,800$39.74$151,012.00View SEC Filing  
7/24/2015Elizabeth B EckelSVPSell1,000$40.09$40,090.00View SEC Filing  
7/23/2015Dennis L AlgiereSVPSell3,000$40.91$122,730.00View SEC Filing  
6/15/2015Barbara J PerinoEVPSell6,605$38.43$253,830.15View SEC Filing  
6/15/2015David V DevaultCFOSell4,970$38.39$190,798.30View SEC Filing  
6/15/2015Victor J Orsinger IIDirectorSell1,000$38.42$38,420.00View SEC Filing  
2/13/2015Stephen M BessetteEVPSell3,800$38.57$146,566.00View SEC Filing  
11/25/2014Mark K W GimEVPSell1,643$37.40$61,448.20View SEC Filing  
11/19/2014Mark K W GimEVPSell4,557$37.39$170,386.23View SEC Filing  
11/19/2014Victor J Orsinger IIDirectorSell2,000$36.58$73,160.00View SEC Filing  
9/2/2014Stephen M BessetteEVPSell1,500$35.28$52,920.00View SEC Filing  
7/25/2014Dennis L AlgiereSVPSell2,500$34.52$86,300.00View SEC Filing  
3/14/2014Katherine W HoxsieDirectorSell2,000$36.46$72,920.00View SEC Filing  
12/4/2013Elizabeth B EckelSVPSell2,900$35.65$103,385.00View SEC Filing  
11/7/2013John C WarrenDirectorSell5,000$33.46$167,300.00View SEC Filing  
10/29/2013Victor J Orsinger IIDirectorSell2,000$34.08$68,160.00View SEC Filing  
10/24/2013Dennis L AlgiereSVPSell5,700$34.50$196,650.00View SEC Filing  
7/26/2013Dennis L AlgiereSVPSell6,200$31.00$192,200.00View SEC Filing  
7/25/2013Patrick J Shanahan JrDirectorSell2,000$30.98$61,960.00View SEC Filing  
6/21/2013David W WallaceMajor ShareholderBuy11,000$27.74$305,140.00View SEC Filing  
6/14/2013Galan G DaukasVPSell12,298$28.03$344,712.94View SEC Filing  
6/4/2013Stephen M BessetteEVPSell1,000$28.09$28,090.00View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Latest Headlines for Washington Trust Bancorp (NASDAQ:WASH)
DateHeadline
News IconIs US Bancorp (USB) Sell Now? (NASDAQ:WASH)
giftedviz.com - February 25 at 4:21 AM
capitalcube.com logoWashington Trust Bancorp, Inc. : WASH-US: Dividend Analysis : January 02nd, 2017 (record date) : By the numbers : February 24, 2017 (NASDAQ:WASH)
www.capitalcube.com - February 25 at 4:21 AM
capitalcube.com logoWashington Trust Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : WASH-US : February 14, 2017 (NASDAQ:WASH)
www.capitalcube.com - February 14 at 3:52 PM
News IconWashington Trust provides $33.5 million in financing for five building retail building – North Haven Commons (NASDAQ:WASH)
cre.nerej.com - February 11 at 6:16 AM
capitalcube.com logoWashington Trust Bancorp, Inc. :WASH-US: Earnings Analysis: 2016 By the Numbers : January 31, 2017 (NASDAQ:WASH)
www.capitalcube.com - February 1 at 7:23 AM
News IconWashington Trust Bancorp (WASH) Stock Formed Double Top Chart Pattern. What To Expect? (NASDAQ:WASH)
randolphguide.com - January 30 at 9:19 PM
capitalcube.com logoWashington Trust Bancorp, Inc. :WASH-US: Earnings Analysis: Q4, 2016 By the Numbers : January 30, 2017 (NASDAQ:WASH)
www.capitalcube.com - January 30 at 4:19 PM
News IconWashington Trust to add 22nd branch (NASDAQ:WASH)
www.thewesterlysun.com - January 29 at 11:50 PM
biz.yahoo.com logoWASHINGTON TRUST BANCORP INC Files SEC form 8-K, Results of Operations and Financial Condition, Financial Statements (NASDAQ:WASH)
us.rd.yahoo.com - January 27 at 8:56 PM
4-traders.com logoWashington Trust Bancorp : posts 4Q profit (NASDAQ:WASH)
www.4-traders.com - January 27 at 3:51 PM
seekingalpha.com logoWashington Trust Bancorp's [WASH] CEO Joseph MarcAurele on Q4 2016 Results - Earnings Call Transcript (NASDAQ:WASH)
seekingalpha.com - January 27 at 3:51 PM
capitalcube.com logoWashington Trust Bancorp, Inc. breached its 50 day moving average in a Bullish Manner : WASH-US : January 26, 2017 (NASDAQ:WASH)
www.capitalcube.com - January 27 at 6:43 AM
finance.yahoo.com logoWashington Trust Provides Commercial Financing for the Development of a Two-Parcel Property in Dedham, MA (NASDAQ:WASH)
finance.yahoo.com - January 27 at 6:43 AM
finance.yahoo.com logoEdited Transcript of WASH earnings conference call or presentation 26-Jan-17 1:30pm GMT (NASDAQ:WASH)
finance.yahoo.com - January 27 at 6:43 AM
biz.yahoo.com logoQ4 2016 Washington Trust Bancorp Inc Earnings Release - After Market Close (NASDAQ:WASH)
us.rd.yahoo.com - January 25 at 9:50 PM
sg.finance.yahoo.com logoWashington Trust posts 4Q profit (NASDAQ:WASH)
sg.finance.yahoo.com - January 25 at 9:50 PM
News IconNew York Community Bancorp posts 4Q profit (NASDAQ:WASH)
larampadinapoli.com - January 25 at 4:28 PM
News IconIs Washington Trust Bancorp Inc’s (WASH) ROE Of 11.8% Sustainable? (NASDAQ:WASH)
simplywall.st - January 25 at 4:28 PM
nasdaq.com logoWashington Trust Reports Record Full-Year 2016 Earnings (NASDAQ:WASH)
www.nasdaq.com - January 25 at 4:28 PM
News IconWashington Trust Bancorp, Inc (NASDAQ:WASH)
prensariotiretail.com - January 25 at 4:28 PM
News IconU.S. Bancorp (USB) Issues Quarterly Earnings Results (NASDAQ:WASH)
instantcrickets.com - January 20 at 3:40 PM
News IconUS Bancorp reiterated as Neutral By Wedbush (NASDAQ:WASH)
latribunadecanarias.com - January 20 at 3:40 PM
News IconScott Neal Cuts Position in U.S. Bancorp (USB) (NASDAQ:WASH)
avauncer.com - January 20 at 3:40 PM
capitalcube.com logoETFs with exposure to Washington Trust Bancorp, Inc. : January 17, 2017 (NASDAQ:WASH)
www.capitalcube.com - January 17 at 3:51 PM
capitalcube.com logoWashington Trust Bancorp, Inc. breached its 50 day moving average in a Bearish Manner : WASH-US : January 13, 2017 (NASDAQ:WASH)
www.capitalcube.com - January 13 at 3:46 PM
4-traders.com logoWashington Trust Bancorp : Announces Date of Fourth Quarter 2016 Earnings Release, Conference Call and Webcast (NASDAQ:WASH)
www.4-traders.com - January 9 at 3:56 PM
finance.yahoo.com logoWashington Trust Announces Date of Fourth Quarter 2016 Earnings Release, Conference Call and Webcast (NASDAQ:WASH)
finance.yahoo.com - January 9 at 3:56 PM
News IconSentinel Trust Co Lba Lowers stake in CenterPoint Energy (CNP) (NASDAQ:WASH)
myhealthbowl.com - January 7 at 6:25 AM
finance.yahoo.com logoWashington Trust Provides $33.5 Million in Financing for Five Building Retail Property in North Haven, CT (NASDAQ:WASH)
finance.yahoo.com - January 4 at 4:26 PM
News IconRevenue Estimates Analysis of: The Dow Chemical Company (NYSE:DOW) (NASDAQ:WASH)
diariocatolico.net - December 30 at 3:35 PM
News IconStock With Upside & Impressive Recent Growth: The Dow Chemical Company (NYSE:DOW) (NASDAQ:WASH)
prensariotiretail.com - December 22 at 1:49 AM
News IconThe Washington Trust Bank decreases its position in Prudential Financial Inc. (PRU) (NASDAQ:WASH)
canalcncarauca.com - December 21 at 3:47 PM
News IconCentral line closed with reports of 'man with knife' at Bank station (NASDAQ:WASH)
baddgoddess.com - December 17 at 6:06 AM
News IconExtra DUI patrols planned during holidays (NASDAQ:WASH)
vouxmagazine.com - December 16 at 6:27 AM
News IconSylvester Stallone Tapped by Trump for NEA Chairman (NASDAQ:WASH)
baddgoddess.com - December 16 at 6:27 AM
finance.yahoo.com logoWashington Trust Bancorp, Inc. Announces Quarterly Dividend (NASDAQ:WASH)
finance.yahoo.com - December 16 at 6:27 AM
News IconRating Worth Mentioning Today: Wells Fargo Gives Healthcare Realty (NYSE:HR) Higher Rating. What Is Next? (NASDAQ:WASH)
www.whatsonthorold.com - December 15 at 7:12 AM
News IconWashington Trust provides $13.5 million financing to Uniglobe Investment (NASDAQ:WASH)
cre.nerej.com - December 9 at 4:01 PM
publicnow.com logoWashington Trust Provides Commercial Financing to Rhode Island Based IT Consulting Firm; Vertikal6 (NASDAQ:WASH)
www.publicnow.com - December 1 at 9:23 PM
finance.yahoo.com logoWashington Trust Provides Commercial Financing to Rhode Island Based IT Consulting Firm: Vertikal6 (NASDAQ:WASH)
finance.yahoo.com - December 1 at 9:23 PM
News IconWashington Trust provides $13.5M for Meadowbrook Garden Apartments for UConn students (NASDAQ:WASH)
www.pbn.com - November 29 at 1:12 PM
News IconWashington Trust Donates $9,000 to Local Food Pantries in Connecticut, Massachusetts & Rhode Island (NASDAQ:WASH)
www.pressreleasepoint.com - November 23 at 11:47 AM
News IconWashington Trust provides $6M to finance Waterbury Shopping Center (NASDAQ:WASH)
www.pbn.com - November 22 at 8:30 PM
4-traders.com logoWashington Trust Bancorp : Provides $13.5 Million in Financing for Off-Campus Student-Housing Complex Near UCONN (NASDAQ:WASH)
www.4-traders.com - November 22 at 8:30 PM
finance.yahoo.com logoWashington Trust Provides $13.5 Million in Financing for Off-Campus Student-Housing Complex Near UCONN (NASDAQ:WASH)
finance.yahoo.com - November 22 at 1:06 PM
mysmartrend.com logoShares of WASH Up 22.7% Since Uptrend Call on Shares (NASDAQ:WASH)
www.mysmartrend.com - November 14 at 8:34 PM
News IconPeoples Bancorp Inc. (PEBO) is Peoples Bank National Association's Largest Position (NASDAQ:WASH)
travelguideforeurope.com - November 14 at 12:35 PM
publicnow.com logoWashington Trust Provides $6 Million in Financing for Multi-Tenant Retail Center in Waterbury, CT (NASDAQ:WASH)
www.publicnow.com - November 9 at 8:30 PM
publicnow.com logoWashington Trust Provides Commercial Financing for Hampton Inn Hotel in South Kingstown, RI (NASDAQ:WASH)
www.publicnow.com - November 3 at 12:40 PM
News IconFive Questions With: Joseph J. MarcAurele (NASDAQ:WASH)
www.pbn.com - November 1 at 8:28 PM

Social

What is Washington Trust Bancorp's stock symbol?

Washington Trust Bancorp trades on the NASDAQ under the ticker symbol "WASH."

How often does Washington Trust Bancorp pay dividends? What is the dividend yield for Washington Trust Bancorp?

Washington Trust Bancorp announced a quarterly dividend on Friday, December 16th. Investors of record on Monday, January 2nd will be given a dividend of $0.37 per share on Friday, January 13th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 2.69%. The ex-dividend date of this dividend is Wednesday, December 28th.

Where is Washington Trust Bancorp's stock going? Where will Washington Trust Bancorp's stock price be in 2017?

2 equities research analysts have issued 1 year target prices for Washington Trust Bancorp's stock. Their forecasts range from $41.00 to $46.00. On average, they expect Washington Trust Bancorp's stock price to reach $43.50 in the next twelve months.

When will Washington Trust Bancorp announce their earnings?

Washington Trust Bancorp is scheduled to release their next quarterly earnings announcement on Tuesday, April, 25th 2017.

Who owns Washington Trust Bancorp stock?

Washington Trust Bancorp's stock is owned by many different of institutional and retail investors. Top institutional investors include Champlain Investment Partners LLC (4.54%), Dimensional Fund Advisors LP (4.09%), Edge Asset Management Inc. (3.80%), Renaissance Technologies LLC (2.18%), Franklin Resources Inc. (2.09%) and State Street Corp (1.64%). Company insiders that own Washington Trust Bancorp stock include Barbara J Perino, David V Devault, Dennis L Algiere, Elizabeth B Eckel, John P Sullivan, Katherine W Hoxsie, Kristen L Disanto, Mark K W Gim, Mary E Noons, Stephen M Bessette and Victor J Orsinger II.

Who sold Washington Trust Bancorp stock? Who is selling Washington Trust Bancorp stock?

Washington Trust Bancorp's stock was sold by a variety of institutional investors in the last quarter, including Systematic Financial Management LP, Putnam Investments LLC, Ativo Capital Management LLC, Teton Advisors Inc., Champlain Investment Partners LLC, Zebra Capital Management LLC, Guggenheim Capital LLC and Metropolitan Life Insurance Co. NY. Company insiders that have sold Washington Trust Bancorp stock in the last year include Dennis L Algiere, Katherine W Hoxsie, Kristen L Disanto, Mark K W Gim, Mary E Noons and Victor J Orsinger II.

Who bought Washington Trust Bancorp stock? Who is buying Washington Trust Bancorp stock?

Washington Trust Bancorp's stock was bought by a variety of institutional investors in the last quarter, including Franklin Resources Inc., John W. Rosenthal Capital Management Inc., Edge Asset Management Inc., State Street Corp, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Dynamic Technology Lab Private Ltd and AQR Capital Management LLC.

How do I buy Washington Trust Bancorp stock?

Shares of Washington Trust Bancorp can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of Washington Trust Bancorp stock cost?

One share of Washington Trust Bancorp stock can currently be purchased for approximately $55.00.

Washington Trust Bancorp (NASDAQ:WASH) Chart for Saturday, February, 25, 2017


Institutional Ownership Chart

Institutional Ownership by Quarter for Washington Trust Bancorp (NASDAQ:WASH)

Earnings History Chart

Earnings by Quarter for Washington Trust Bancorp (NASDAQ:WASH)

Dividend History Chart

Dividend Payments by Quarter for Washington Trust Bancorp (NASDAQ:WASH)

Last Updated on 2/25/2017 by MarketBeat.com Staff