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

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$59.25 +0.05 (+0.08 %)
(As of 08/19/2018 03:29 AM ET)
Previous Close$59.25
Today's Range$58.90 - $59.6670
52-Week Range$48.85 - $63.25
Volume36,869 shs
Average Volume33,840 shs
Market Capitalization$1.00 billion
P/E Ratio16.57
Dividend Yield2.95%
Beta0.67
Washington Trust Bancorp logoWashington 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, 2017, 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.

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Industry, Sector and Symbol

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

Debt

Debt-to-Equity Ratio2.19
Current Ratio1.09
Quick Ratio1.08

Price-To-Earnings

Trailing P/E Ratio16.57
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual Sales$214.40 million
Price / Sales4.78
Cash Flow$3.5607 per share
Price / Cash16.64
Book Value$24.00 per share
Price / Book2.47

Profitability

EPS (Most Recent Fiscal Year)N/A
Net Income$45.92 million
Net Margins24.28%
Return on Equity14.68%
Return on Assets1.33%

Miscellaneous

Employees600
Outstanding Shares17,280,000
Market Cap$1.00 billion

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, June 22nd. Stockholders of record on Monday, July 2nd will be given a dividend of $0.43 per share on Friday, July 13th. This represents a $1.72 annualized dividend and a dividend yield of 2.90%. The ex-dividend date is Friday, June 29th. View Washington Trust Bancorp's Dividend History.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp (NASDAQ:WASH) announced its earnings results on Monday, July, 23rd. The financial services provider reported $1.01 earnings per share for the quarter, beating the Zacks' consensus estimate of $0.94 by $0.07. The financial services provider earned $49.10 million during the quarter. Washington Trust Bancorp had a return on equity of 14.68% and a net margin of 24.28%. 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, October, 22nd 2018. View Earnings Estimates for Washington Trust Bancorp.

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

1 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Washington Trust Bancorp in the last year. There are currently 1 buy rating for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Washington Trust Bancorp.

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

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 56)
  • Mr. Mark K. W. Gim, Pres & COO (Age 52)
  • Mr. James M. Hagerty C.P.A., Exec. VP & Chief Lending Officer of Washington Trust Company of Westerly (Age 60)
  • Mr. Ronald S. Ohsberg CPA, Sr. EVP, CFO & Treasurer (Age 54)
  • Ms. Elizabeth B. Eckel, SVP of Marketing, Head of Investor & Media Relations (Age 58)

Has Washington Trust Bancorp been receiving favorable news coverage?

News stories about WASH stock have been trending positive this week, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by monitoring more than twenty million blog and news sources. Accern ranks coverage of companies on a scale of negative one to one, with scores nearest to one being the most favorable. Washington Trust Bancorp earned a news and rumor sentiment score of 0.26 on Accern's scale. They also gave media headlines about the financial services provider an impact score of 48.53 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the near future. View Recent Headlines for Washington Trust Bancorp.

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 shareholders include BlackRock Inc. (6.36%), Dimensional Fund Advisors LP (4.20%), Renaissance Technologies LLC (2.61%), Systematic Financial Management LP (1.03%), BTIM Corp. (0.77%) and Bank of New York Mellon Corp (0.67%). Company insiders that own Washington Trust Bancorp stock include Constance A Howes, Dennis L Algiere, Edwin J Santos, James M Hagerty, John F Treanor, Joseph J Marcaurele, Katherine W Hoxsie, Kristen L Disanto, Mark K W Gim, Mary E Noons, Steven J Crandall and Victor J Orsinger II. View Institutional Ownership Trends for Washington Trust Bancorp.

Which institutional investors are selling Washington Trust Bancorp stock?

WASH stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, First Trust Advisors LP, Commonwealth Equity Services LLC, BTIM Corp., Zebra Capital Management LLC, Bank of New York Mellon Corp, Macquarie Group Ltd. and 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, 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 institutional investors are buying Washington Trust Bancorp stock?

WASH stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., Systematic Financial Management LP, Renaissance Technologies LLC, Dimensional Fund Advisors LP, Citadel Advisors LLC, GSA Capital Partners LLP, Bank of America Corp DE and Dynamic Technology Lab Private Ltd. 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 $59.25.

How big of a company is Washington Trust Bancorp?

Washington Trust Bancorp has a market capitalization of $1.00 billion and generates $214.40 million in revenue each year. Washington Trust Bancorp employs 600 workers across the globe.

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:  1.9 out of 5 (star)
Outperform Votes:  95 (Vote Outperform)
Underperform Votes:  153 (Vote Underperform)
Total Votes:  248
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 8/19/2018 by MarketBeat.com Staff

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