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

Company Overview

Washington Trust Bancorp, Inc. is the parent company of The Washington Trust Company, a full-service community bank headquartered in Westerly, Rhode Island. Founded in 1800, Washington Trust is recognized as one of the oldest continuously operating banks in the United States.

The company provides a range of financial services to individuals, families, businesses, and institutions. Its offerings include personal and commercial deposit accounts, consumer and business lending, residential mortgages, cash management, online and mobile banking, and other traditional banking services. Through its wealth management operations, Washington Trust also provides investment management, financial planning, trust administration, and related advisory services.

Washington Trust primarily serves customers across Rhode Island and southeastern Connecticut, with additional banking and wealth management operations in parts of Massachusetts. Its business is organized around community banking and wealth management, supported by a network of branches, financial professionals, and digital banking services.

Key Stats

• Today's Range: $39.69 to $40.42
• 50-Day Range: $34.99 to $40.26
• 52-Week Range: $25.23 to $40.54
• Volume: 132,954 shs
• Average Volume: 137,314 shs
• Market Capitalization: $760.13 million
• P/E Ratio: 13.84
• Dividend Yield: 5.62%
• Price Target: $35.50
• Consensus Rating: Hold

Washington Trust Bancorp Stock Analysis - MarketRank™

Washington Trust Bancorp scored higher than 69% of companies evaluated by MarketBeat, and ranked 426th out of 851 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.9 / 5
• Analyst Rating: Hold

Consensus Rating

Washington Trust Bancorp has received a consensus rating of Hold. The company's average rating score is 2.25, and is based on no strong buy ratings, 1 buy rating, 3 hold ratings, and no sell ratings.

Downside Risk

Washington Trust Bancorp has a consensus price target of $35.50, representing about 10.9% downside from its current price of $39.86.

Amount of Analyst Coverage

Washington Trust Bancorp has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 10.63%

Earnings Growth

Earnings for Washington Trust Bancorp are expected to grow by 10.63% in the coming year, from $3.20 to $3.54 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Washington Trust Bancorp is 13.84, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 42.30.

Price to Earnings Ratio vs. Sector

The P/E ratio of Washington Trust Bancorp is 13.84, which means that it is trading at a less expensive P/E ratio than the Finance sector average P/E ratio of about 23.79.

Price to Earnings Growth Ratio

Washington Trust Bancorp has a PEG Ratio of 0.91. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Washington Trust Bancorp has a P/B Ratio of 1.40. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 1.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

7.48% of the float of Washington Trust Bancorp has been sold short.

Short Interest Ratio / Days to Cover

Washington Trust Bancorp has a short interest ratio ("days to cover") of 9.33.

Change versus previous month

Short interest in Washington Trust Bancorp has recently increased by 6.14%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Leadership

Washington Trust Bancorp is a leading dividend payer. It pays a dividend yield of 5.60%, putting its dividend yield in the top 25% of dividend-paying stocks.

Dividend Growth

Washington Trust Bancorp does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Washington Trust Bancorp is 77.78%. Payout ratios above 75% are not desirable because they may not be sustainable.

Dividend Sustainability

Based on earnings estimates, Washington Trust Bancorp will have a dividend payout ratio of 63.28% next year. This indicates that Washington Trust Bancorp will be able to sustain or increase its dividend.

News and Social Media

• Score: 2.9 / 5
• News Sentiment: 1.57

News Sentiment

Washington Trust Bancorp has a news sentiment score of 1.57. 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 0.87 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 2 news articles for Washington Trust Bancorp this week, compared to 3 articles on an average week.

Search Interest

Only 1 people have searched for WASH on MarketBeat in the last 30 days. This is a decrease of -88% compared to the previous 30 days.

MarketBeat Follows

Only 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.

Company Ownership

• Score: 1.5 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In 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 $39.00 in company stock.

Percentage Held by Insiders

1.30% of the stock of Washington Trust Bancorp is held by insiders.

Percentage Held by Institutions

65.81% 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.

Company Calendar

• Record date for 7/10 Dividend: 7/01/2026
• Ex-Dividend for 7/10 Dividend: 7/01/2026
• Dividend Payable: 7/10/2026
• Last Earnings: 7/20/2026
• Today: 9/14/2026
• Next Earnings (Estimated): 10/19/2026
• Fiscal Year End: 12/31/2026

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Banks
• Sub-Industry: Regional Banks
• Current Symbol: NASDAQ:WASH
• CIK: 737468
• Web: www.washtrust.com
• Phone: (401) 348-1200
• Fax: 401-348-1262
• Employees: 642
• Year Founded: 1800

Price Target and Rating

• Average Price Target for Washington Trust Bancorp: $35.50
• High Price Target: $36.00
• Low Price Target: $35.00
• Potential Upside/Downside: -10.9%
• Consensus Rating: Hold
• Rating Score (0-4): 2.25
• Research Coverage: 4 Analysts

Profitability

• EPS (Trailing Twelve Months): $2.88
• Trailing P/E Ratio: 13.84
• Forward P/E Ratio: 12.46
• P/E Growth: 0.91
• Net Income: $52.24 million
• Net Margins: 14.50%
• Pretax Margin: 18.57%
• Return on Equity: 10.18%
• Return on Assets: 0.84%

Debt

• Debt-to-Equity Ratio: 0.86
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $393.95 million
• Price / Sales: 1.93
• Cash Flow: $2.99 per share
• Price / Cash Flow: 13.32
• Book Value: $28.56 per share
• Price / Book: 1.40

Miscellaneous

• Outstanding Shares: 19,070,000
• Free Float: 18,826,000
• Market Cap: $760.13 million
• Optionable: Optionable
• Beta: 0.70