S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
S&P 500   5,130.95
DOW   38,989.83
QQQ   444.02
5 Under-the-Radar Artificial Intelligence (AI) Stocks
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
How major US stock indexes fared Monday, 3/4/2024
Macy's, United Rentals rise; Apple, Spirit Airlines fall Monday, 3/4/2024
Critical asset just had biggest fall on record (Ad)
DeSantis names Disney World district administrator to run elections in Democratic Orange County
Stock market today: Asian shares are mixed as China unveils 5% economic growth target for 2024
Critical asset just had biggest fall on record (Ad)
Ohio foundation begins process to distribute millions in opioid settlement money
Closing prices for crude oil, gold and other commodities
NASDAQ:WASH

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

$25.65
-0.10 (-0.39%)
(As of 03/4/2024 ET)
Today's Range
$25.49
$26.26
50-Day Range
$25.49
$33.64
52-Week Range
$21.69
$42.26
Volume
92,820 shs
Average Volume
85,070 shs
Market Capitalization
$436.82 million
P/E Ratio
9.13
Dividend Yield
8.73%
Price Target
N/A

Washington Trust Bancorp MarketRank™ Stock Analysis

Analyst Rating
N/A
Upside/​Downside
N/A
Short Interest
Bearish
2.66% of Float Sold Short
Dividend Strength
Weak
Based on Four Factors
Sustainability
N/A
News Sentiment
0.37mentions of Washington Trust Bancorp in the last 14 days
Based on 9 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
33.16%
From $1.87 to $2.49 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.55 out of 5 stars

Finance Sector

401st out of 853 stocks

State Commercial Banks Industry

94th out of 180 stocks


WASH stock logo

About Washington Trust Bancorp Stock (NASDAQ:WASH)

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 deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; 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 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. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

WASH Stock Price History

WASH Stock News Headlines

This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Portland Government & Regulations News
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
God's Man in Washington
TD Bank Home Equity Review 2024
Washington Trust opens 27th branch in Smithfield, R.I.
Reassessing Washington Trust Bancorp
Sandy Spring Bancorp Declares Quarterly Dividend
Q4 2023 Washington Trust Bancorp Inc Earnings Call
Washington Trust shares tumble on Q4 earnings report
See More Headlines
Receive WASH Stock News and Ratings via Email

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

Company Calendar

Ex-Dividend for 1/12 Dividend
12/29/2023
Dividend Payable
1/12/2024
Last Earnings
1/24/2024
Today
3/04/2024
Next Earnings (Estimated)
4/22/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Sector
Finance
Industry
State commercial banks
Sub-Industry
Regional Banks
Current Symbol
NASDAQ:WASH
CUSIP
94061010
Employees
651
Year Founded
1800

Profitability

Net Income
$48.18 million
Pretax Margin
15.48%

Debt

Sales & Book Value

Annual Sales
$364.80 million
Cash Flow
$3.16 per share
Book Value
$27.75 per share

Miscellaneous

Free Float
16,791,000
Market Cap
$434.78 million
Optionable
Optionable
Beta
0.80

Social Links

Investing Strategies To Help Grow Your Retirement Income Cover

Need to stretch out your 401K or Roth IRA plan? Use these time-tested investing strategies to grow the monthly retirement income that your stock portfolio generates.

Get This Free Report

Key Executives

  • Mr. Edward Otis Handy III (Age 62)
    Chairman & CEO
    Comp: $1.3M
  • Mr. Ronald Stephen Ohsberg CPA (Age 59)
    Senior EVP, CFO & Treasurer
    Comp: $530.29k
  • Ms. Mary E. Noons (Age 62)
    President & COO
    Comp: $458.64k
  • Ms. Maria N. Janes CPA (Age 53)
    Executive VP, Chief Accounting Officer & Controller
  • Ms. Elizabeth Boyle Eckel (Age 64)
    Executive VP and Chief Marketing & Corporate Communications Officer
  • Ms. Kristen L. DiSanto (Age 54)
    Senior EVP, Chief Human Resources Officer & Corporate Secretary
  • Mr. Joseph M. Confessore
    Senior Vice President of Wealth Management & Commercial Banking
  • Mr. Rolando A. Lora
    Executive VP & Chief Retail Lending Officer














WASH Stock Analysis - Frequently Asked Questions

Should I buy or sell Washington Trust Bancorp stock right now?

2 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last year. There are currently 1 sell rating and 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" WASH shares.
View WASH analyst ratings
or view top-rated stocks.

How have WASH shares performed in 2024?

Washington Trust Bancorp's stock was trading at $32.38 at the beginning of the year. Since then, WASH stock has decreased by 20.8% and is now trading at $25.65.
View the best growth stocks for 2024 here
.

When is Washington Trust Bancorp's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Monday, April 22nd 2024.
View our WASH earnings forecast
.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp, Inc. (NASDAQ:WASH) issued its quarterly earnings results on Wednesday, January, 24th. The financial services provider reported $0.76 earnings per share for the quarter, topping analysts' consensus estimates of $0.54 by $0.22. The financial services provider had revenue of $45.96 million for the quarter, compared to the consensus estimate of $47.38 million. Washington Trust Bancorp had a trailing twelve-month return on equity of 10.53% and a net margin of 13.19%.

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 22nd. Investors of record on Tuesday, January 2nd will be given a dividend of $0.56 per share on Friday, January 12th. This represents a $2.24 dividend on an annualized basis and a dividend yield of 8.73%. The ex-dividend date is Friday, December 29th.
Read our dividend analysis for WASH
.

Is Washington Trust Bancorp a good dividend stock?

Washington Trust Bancorp (NASDAQ:WASH) pays an annual dividend of $2.24 per share and currently has a dividend yield of 8.70%. WASH has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 79.72%. Payout ratios above 75% are not desirable because they may not be sustainable. Based on EPS estimates, WASH will have a dividend payout ratio of 89.96% in the coming year. This indicates that the company may not be able to sustain their current dividend.
Read our dividend analysis for WASH.

What ETF holds Washington Trust Bancorp's stock ?

ProShares Russell 2000 Dividend Growers ETF holds 279,802 shares of WASH stock, representing 1.04% of its portfolio.

What is Edward O. Handy III's approval rating as Washington Trust Bancorp's CEO?

2 employees have rated Washington Trust Bancorp Chief Executive Officer Edward O. Handy III on Glassdoor.com. Edward O. Handy III has an approval rating of 100% among the company's employees. This puts Edward O. Handy III in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

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), Bank of America (BAC), Intelsat (I), Omega Healthcare Investors (OHI), Alibaba Group (BABA), Standex International (SXI), Bank of Montreal (BMO) and AT&T (T).

Who are Washington Trust Bancorp's major shareholders?

Washington Trust Bancorp's stock is owned by a number of institutional and retail investors. Top institutional investors include Vanguard Group Inc. (5.67%), Dimensional Fund Advisors LP (4.55%), WASHINGTON TRUST Co (3.60%), Hotchkis & Wiley Capital Management LLC (1.69%), Charles Schwab Investment Management Inc. (1.38%) and Third Avenue Management LLC (1.17%). Insiders that own company stock include Constance A Howes, Dennis L Algiere, Edwin J Santos, James M Hagerty, Joseph J Marcaurele, Joseph J Marcaurele, Kristen L Disanto, Mary E Noons and William K Sr Wray.
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.
Compare Top Brokerages Here.

This page (NASDAQ:WASH) was last updated on 3/5/2024 by MarketBeat.com Staff