NASDAQ:WASH Washington Trust Bancorp (WASH) Stock Price, News & Analysis $32.63 +0.16 (+0.49%) (As of 07/26/2024 ET) Add Compare Share Share Today's Range$31.83▼$33.1450-Day Range$25.00▼$32.8852-Week Range$21.69▼$33.96Volume94,476 shsAverage Volume93,373 shsMarket Capitalization$556.34 millionP/E Ratio12.04Dividend Yield6.86%Price TargetN/A Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsDividendEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Washington Trust Bancorp alerts: Email Address Washington Trust Bancorp MarketRank™ Stock AnalysisAnalyst RatingN/AUpside/DownsideN/AShort InterestBearish4.50% of Float Sold ShortDividend StrengthStrongBased on Four FactorsSustainabilityN/ANews Sentiment1.06Based on 14 Articles This WeekInsider TradingSelling Shares$14,156 Sold Last QuarterProj. Earnings Growth3.98%From $2.26 to $2.35 Per ShareSee Full Details Hide Full Details 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.3.23 out of 5 starsFinance Sector425th out of 898 stocksState Commercial Banks Industry95th out of 181 stocks N/A Analyst's Opinion Consensus RatingThere is not enough analysis data for Washington Trust Bancorp.Read more about Washington Trust Bancorp's stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.50% of the float of Washington Trust Bancorp has been sold short.Short Interest Ratio / Days to CoverWashington Trust Bancorp has a short interest ratio ("days to cover") of 7.7.Change versus previous monthShort interest in Washington Trust Bancorp has recently increased by 9.81%, indicating that investor sentiment is decreasing significantly. Previous Next 3.3 Dividend Strength Dividend LeadershipWashington Trust Bancorp is a leading dividend payer. It pays a dividend yield of 7.23%, putting its dividend yield in the top 25% of dividend-paying stocks.Dividend GrowthWashington Trust Bancorp has been increasing its dividend for 13 years.Dividend CoverageThe dividend payout ratio of Washington Trust Bancorp is 82.66%. Payout ratios above 75% are not desirable because they may not be sustainable.Dividend SustainabilityBased on EPS estimates, Washington Trust Bancorp will have a dividend payout ratio of 95.32% in the coming year. This indicates that Washington Trust Bancorp may not be able to sustain their current dividend.Read more about Washington Trust Bancorp's dividend. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for WASH. Previous Next 3.4 News and Social Media Coverage News SentimentWashington Trust Bancorp has a news sentiment score of 1.06. 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 0.49 average news sentiment score of Finance companies.News Coverage This WeekMarketBeat has tracked 14 news articles for Washington Trust Bancorp this week, compared to 5 articles on an average week.Search Interest7 people have searched for WASH on MarketBeat in the last 30 days. This is an increase of 250% compared to the previous 30 days.MarketBeat FollowsOnly 1 people have added Washington Trust Bancorp to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn 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 $14,156.00 in company stock.Percentage Held by InsidersOnly 1.69% of the stock of Washington Trust Bancorp is held by insiders.Percentage Held by Institutions65.81% 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.Read more about Washington Trust Bancorp's insider trading history. Previous Next 1.9 Earnings and Valuation Earnings GrowthEarnings for Washington Trust Bancorp are expected to grow by 3.98% in the coming year, from $2.26 to $2.35 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Washington Trust Bancorp is 12.04, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 142.35.Price to Earnings Ratio vs. SectorThe P/E ratio of Washington Trust Bancorp is 12.04, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 56.81.Price to Book Value per Share RatioWashington Trust Bancorp has a P/B Ratio of 1.18. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.Read more about Washington Trust Bancorp's valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad Weiss RatingsNvidia’s Quiet $1 Trillion PivotNvidia recently added $277 billion in market cap … IN ONE DAY.Find out details on these three critical Nvidia partners immediately. 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 provides 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 offers 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 and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; 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 provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers 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 for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.Read More WASH Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart WASH Stock News HeadlinesJuly 25 at 10:08 PM | finance.yahoo.comWashington Trust Promotes Scott McCaughey to Senior Vice President & Team Leader, Commercial BankingJuly 25 at 1:49 AM | finance.yahoo.comWashington Trust Appoints Anthony Botelho To Lead Bank's Commercial Banking DivisionJuly 26, 2024 | DTI (Ad)How to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.July 24 at 9:08 AM | msn.comWashington Trust Bancorp, Inc. (NASDAQ:WASH) Q2 2024 Earnings Call TranscriptJuly 24 at 4:07 AM | finance.yahoo.comQ2 2024 Washington Trust Bancorp Inc Earnings CallJuly 23 at 6:04 PM | seekingalpha.comWashington Trust Bancorp, Inc. (WASH) Q2 2024 Earnings Call TranscriptJuly 23 at 8:48 AM | americanbankingnews.comWashington Trust Bancorp (NASDAQ:WASH) Posts Quarterly Earnings Results, Beats Estimates By $0.14 EPSJuly 23 at 6:09 AM | finanznachrichten.deWashington Trust Bancorp, Inc.: Washington Trust Reports Second Quarter 2024 EarningsJuly 26, 2024 | DTI (Ad)How to build the ultimate dividend portfolioThere’s a free dividend workshop that shows how anyone can build the ultimate dividend workshop in 3 basic steps? PLUS: You’ll get the names and tickers of the Best Dividend Stocks for FREE… This way, by the time you finish the workshop you’ll be fully equipped with the knowledge to start unlocking dividend checks for yourself… Over and over again.July 23 at 6:09 AM | markets.businessinsider.comKBW Reaffirms Their Hold Rating on Washington Bancorp (WASH)July 22, 2024 | msn.comWashington Trust Bancorp GAAP EPS of $0.63 beats by $0.14, revenue of $48.24M beats by $1.27MJuly 22, 2024 | gurufocus.comWashington Trust Bancorp Inc (WASH) Q2 2024 Earnings: EPS of $0. ...July 22, 2024 | prnewswire.comWashington Trust Reports Second Quarter 2024 EarningsJuly 22, 2024 | msn.comWashington Trust Bancorp Q2 2024 Earnings PreviewJuly 19, 2024 | bizjournals.comFort Washington's Maribeth Rahe learned to trust her instinctsJuly 9, 2024 | prnewswire.comWashington Trust Announces Date of Second Quarter 2024 Earnings Release, Conference Call and WebcastJune 20, 2024 | prnewswire.comWashington Trust Bancorp, Inc. Announces Quarterly DividendMay 29, 2024 | msn.comU.S. bank profits jump 79.5% as large firms shake off failed bank costsSee 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. Email Address Company Calendar Ex-Dividend for 7/12 Dividend7/01/2024Dividend Payable7/12/2024Last Earnings7/22/2024Today7/26/2024Next Earnings (Estimated)10/28/2024Fiscal Year End12/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorFinance Industry State commercial banks Sub-IndustryRegional Banks Current SymbolNASDAQ:WASH CUSIP94061010 CIK737468 Webwww.washtrust.com Phone(401) 348-1200Fax401-348-1262Employees650Year Founded1800Profitability EPS (Most Recent Fiscal Year)$2.71 Trailing P/E Ratio12.04 Forward P/E Ratio14.44 P/E GrowthN/ANet Income$48.18 million Net Margins11.51% Pretax Margin14.05% Return on Equity10.03% Return on Assets0.64% Debt Debt-to-Equity Ratio2.70 Current Ratio1.08 Quick Ratio1.07 Sales & Book Value Annual Sales$364.80 million Price / Sales1.53 Cash Flow$3.36 per share Price / Cash Flow9.71 Book Value$27.75 per share Price / Book1.18Miscellaneous Outstanding Shares17,050,000Free Float16,766,000Market Cap$556.34 million OptionableOptionable Beta0.80 Social Links 20 Stocks to Sell NowMarketBeat has just released its list of 20 stocks that Wall Street analysts hate. These companies may appear to have good fundamentals, but top analysts smell something seriously rotten. Are any of these companies lurking around your portfolio? Find out by clicking the link below.Get This Free Report Key ExecutivesMr. Edward Otis Handy III (Age 62)Chairman & CEO Comp: $981.44kMs. Mary E. Noons (Age 62)President & COO Comp: $466.39kMr. Ronald Stephen Ohsberg CPA (Age 59)Senior EVP, CFO & Treasurer Comp: $447.35kMs. 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. ConfessoreSenior Vice President of Wealth Management & Commercial BankingMr. Rolando A. Lora (Age 53)Executive VP & Chief Retail Lending Officer More ExecutivesKey CompetitorsHomeStreetNASDAQ:HMSTCarolina FinancialNASDAQ:CAROAllegiance BancsharesNASDAQ:ABTXConnectOne BancorpNASDAQ:CNOBLakeland BancorpNASDAQ:LBAIView All CompetitorsInsiders & InstitutionsBank of New York Mellon CorpBought 1,996 shares on 7/26/2024Ownership: 0.876%Brown Lisle Cummings Inc.Bought 5,774 shares on 7/17/2024Ownership: 0.141%WASHINGTON TRUST CoSold 855 shares on 7/16/2024Ownership: 3.526%SG Americas Securities LLCBought 8,477 shares on 7/12/2024Ownership: 0.050%Linden Thomas Advisory Services LLCBought 615 shares on 7/10/2024Ownership: 0.218%View All Insider TransactionsView All Institutional Transactions WASH Stock Analysis - Frequently Asked Questions How have WASH shares performed this year? Washington Trust Bancorp's stock was trading at $32.38 on January 1st, 2024. Since then, WASH shares have increased by 0.8% and is now trading at $32.63. View the best growth stocks for 2024 here. How were Washington Trust Bancorp's earnings last quarter? Washington Trust Bancorp, Inc. (NASDAQ:WASH) issued its quarterly earnings data on Monday, July, 22nd. The financial services provider reported $0.63 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.49 by $0.14. The financial services provider had revenue of $102.66 million for the quarter, compared to analysts' expectations of $46.06 million. Washington Trust Bancorp had a trailing twelve-month return on equity of 10.03% and a net margin of 11.51%. 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. Who are Washington Trust Bancorp's major shareholders? Washington Trust Bancorp's top institutional investors include WASHINGTON TRUST Co (3.53%), Bank of New York Mellon Corp (0.88%), Linden Thomas Advisory Services LLC (0.22%) and Brown Lisle Cummings Inc. (0.14%). Insiders that own company stock include Kristen L Disanto, Mary E Noons, Dennis L Algiere, Kathleen A Ryan, Edwin J Santos, Constance A Howes, Joseph J Marcaurele and James M Hagerty. 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. 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 Walt Disney (DIS), McDonald's (MCD), Q BioMed (QBIO), Bank of America (BAC), Intelsat (I), Omega Healthcare Investors (OHI) and Alibaba Group (BABA). This page (NASDAQ:WASH) was last updated on 7/26/2024 by MarketBeat.com Staff From Our Partners625,000% GainImagine swapping your daily coffee expense for a future free of financial worries. It might seem far-fetche...Crypto Swap Profits | Sponsored“Generational Bull Run” IncomingLIVE Cash Flow Workshop Event / Hosted Virtually Weds @ 7PM EST Everyone who attends will also receive 3 sp...Unstoppable Prosperity | SponsoredWe recommended Nvidia in 2016, now we’re recommending this…The AI boom is just getting started. 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