NASDAQ:WASH - Washington Trust Bancorp Stock Price, News, & Analysis

Sign in or create an account to add this stock to your watchlist.
$49.67 -0.37 (-0.74 %)
(As of 04/19/2019 04:00 PM ET)
Previous Close$49.67
Today's Range$49.17 - $50.33
52-Week Range$45.93 - $63.25
Volume14,420 shs
Average Volume32,935 shs
Market Capitalization$859.54 million
P/E Ratio12.52
Dividend Yield3.76%
Beta0.62
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various financial products and 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, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate 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, ATM, telephone and 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, and mutual funds clients. The company also operates as a licensed broker-dealer that offers variable annuities, college savings plans, and mutual funds. As of December 31, 2018, it had 10 branch offices located in southern Rhode Island; 11 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.

Receive WASH News and Ratings via Email

Sign-up to receive the latest news and ratings for WASH and its competitors with MarketBeat's FREE daily newsletter.

Industry, Sector and Symbol

Industry State commercial banks
Sub-IndustryRegional Banks
SectorFinance
Current SymbolNASDAQ:WASH
CUSIP94061010
Phone401-348-1200

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$238.52 million
Cash Flow$4.3995 per share
Book Value$25.92 per share

Profitability

Net Income$68.43 million

Miscellaneous

Employees601
Market Cap$859.54 million
Next Earnings Date4/22/2019 (Confirmed)
OptionableOptionable

Washington Trust Bancorp (NASDAQ:WASH) Frequently Asked Questions

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 declared a quarterly dividend on Friday, March 22nd. Shareholders of record on Monday, April 1st will be paid a dividend of $0.47 per share on Friday, April 12th. This represents a $1.88 annualized dividend and a yield of 3.78%. The ex-dividend date of this dividend is Friday, March 29th. View Washington Trust Bancorp's Dividend History.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp (NASDAQ:WASH) issued its quarterly earnings data on Monday, January, 28th. The financial services provider reported $0.98 earnings per share for the quarter, hitting the Thomson Reuters' consensus estimate of $0.98. The financial services provider earned $49.04 million during the quarter. Washington Trust Bancorp had a net margin of 28.66% and a return on equity of 15.98%. View Washington Trust Bancorp's Earnings History.

When is Washington Trust Bancorp's next earnings date?

Washington Trust Bancorp is scheduled to release their next quarterly earnings announcement on Monday, April 22nd 2019. View Earnings Estimates for Washington Trust Bancorp.

What price target have analysts set for WASH?

2 equities research analysts have issued 12 month target prices for Washington Trust Bancorp's shares. Their predictions range from $53.00 to $55.00. On average, they anticipate Washington Trust Bancorp's stock price to reach $54.00 in the next twelve months. This suggests a possible upside of 8.7% from the stock's current price. View Analyst Price Targets for Washington Trust Bancorp.

What is the consensus analysts' recommendation for Washington Trust Bancorp?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last year. There are currently 2 hold ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Washington Trust Bancorp.

Has Washington Trust Bancorp been receiving favorable news coverage?

Media coverage about WASH stock has been trending positive this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores nearest to five being the most favorable. Washington Trust Bancorp earned a news impact score of 2.6 on InfoTrie's scale. They also gave news coverage about the financial services provider a news buzz of 3.0 out of 10, meaning that recent news coverage is unlikely to have an impact on the company's share price in the next several days.

Who are some of Washington Trust Bancorp's key competitors?

What other stocks do shareholders of Washington Trust Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Washington Trust Bancorp investors own include Walt Disney (DIS), Mcdonald's (MCD), Q BioMed (QBIO), Intelsat (I), Alibaba Group (BABA), Associated British Foods (ABF), Chaarat Gold (CGH), Fossil Group (FOSL), Standex Int'l (SXI) and AMC Entertainment (AMC).

Who are Washington Trust Bancorp's key executives?

Washington Trust Bancorp's management team includes the folowing people:
  • Mr. Edward O. Handy III, Chairman & CEO (Age 57)
  • Mr. Mark K. W. Gim, Pres & COO (Age 53)
  • Mr. Ronald S. Ohsberg CPA, Sr. EVP, CFO & Treasurer (Age 54)
  • Mr. James M. Hagerty CPA, Exec. VP & Chief Lending Officer of Washington Trust Company of Westerly (Age 61)
  • Ms. Kathleen A. Ryan Esq., Exec. VP & Chief Wealth Management Officer of Washington Trust Company of Westerly (Age 53)

Who are Washington Trust Bancorp's major shareholders?

Washington Trust Bancorp's stock is owned by a number of of institutional and retail investors. Top institutional investors include BTIM Corp. (1.27%) and New England Research & Management Inc. (0.42%). Company insiders that own Washington Trust Bancorp stock include Constance A Howes, Dennis L Algiere, Edwin J Santos, H Douglas Randall III, James M Hagerty, John F Treanor, Joseph J Marcaurele, Katherine W Hoxsie, Kristen L Disanto, Mary E Noons, Steven J Crandall and Victor J Orsinger II. View Institutional Ownership Trends for Washington Trust Bancorp.

Which major investors are selling Washington Trust Bancorp stock?

WASH stock was sold by a variety of institutional investors in the last quarter, including New England Research & Management Inc.. Company insiders that have sold Washington Trust Bancorp company stock in the last year include Dennis L Algiere, Edwin J Santos, H Douglas Randall III, James M Hagerty, John F Treanor, Katherine W Hoxsie, Kristen L Disanto, Mary E Noons and Victor J Orsinger II. View Insider Buying and Selling for Washington Trust Bancorp.

Which major investors are buying Washington Trust Bancorp stock?

WASH stock was acquired by a variety of institutional investors in the last quarter, including BTIM Corp.. Company insiders that have bought Washington Trust Bancorp stock in the last two years include Constance A Howes and Steven J Crandall. View Insider Buying and Selling for Washington Trust Bancorp.

How do I buy shares of Washington Trust Bancorp?

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

What is Washington Trust Bancorp's stock price today?

One share of WASH stock can currently be purchased for approximately $49.67.

How big of a company is Washington Trust Bancorp?

Washington Trust Bancorp has a market capitalization of $859.54 million and generates $238.52 million in revenue each year. Washington Trust Bancorp employs 601 workers across the globe.

What is Washington Trust Bancorp's official website?

The official website for Washington Trust Bancorp is http://www.washtrust.com.

How can I contact Washington Trust Bancorp?

Washington Trust Bancorp's mailing address is 23 BROAD STREET, WESTERLY RI, 02891. The financial services provider can be reached via phone at 401-348-1200 or via email at [email protected]


MarketBeat Community Rating for Washington Trust Bancorp (NASDAQ WASH)

Community Ranking:  2.0 out of 5 (star star)
Outperform Votes:  116 (Vote Outperform)
Underperform Votes:  181 (Vote Underperform)
Total Votes:  297
MarketBeat's community ratings are surveys of what our community members think about Washington Trust Bancorp and other stocks. Vote "Outperform" if you believe WASH will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WASH will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 4/20/2019 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel