S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
S&P 500   4,591.67
DOW   35,227.03
QQQ   386.20
NASDAQ:WASH

Washington Trust Bancorp Stock Forecast, Price & News

$54.93
+0.89 (+1.65%)
(As of 12/6/2021 12:00 AM ET)
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Today's Range
$54.14
$55.50
50-Day Range
$52.98
$58.34
52-Week Range
$42.26
$58.73
Volume
36,816 shs
Average Volume
57,681 shs
Market Capitalization
$953.75 million
P/E Ratio
12.74
Dividend Yield
3.85%
Beta
0.77
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Washington Trust Bancorp logo

About Washington Trust Bancorp

Washington Trust Bancorp, Inc. operates as a bank holding company. The firm engages in the provision of financial services, including business banking, personal banking and wealth management and trust services. It operates through the following segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities, mortgage banking activities, deposit generation, cash management activities and direct banking activities, which include the operation of ATMs, telephone and internet banking services and customer support and sales. The Wealth Management Services segment includes investment management, financial planning, personal trust and estate services, including services as trustee, personal representative, custodian and guardian and institutional trust services are also provided, including fiduciary services. The company was founded in 1984 and is headquartered in Westerly, RI.

Headlines

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Industry, Sector and Symbol

Industry
State commercial banks
Sub-Industry
Regional Banks
Sector
Finance
Current Symbol
NASDAQ:WASH
CUSIP
94061010
Employees
609
Year Founded
1800

Sales & Book Value

Annual Sales
$269.38 million
Cash Flow
$4.62 per share
Book Value
$31.98 per share

Profitability

Net Income
$69.83 million
Pretax Margin
38.52%

Debt

Price-To-Earnings

Miscellaneous

Free Float
16,984,000
Market Cap
$953.75 million
Optionable
Optionable

Company Calendar

Ex-Dividend
9/30/2021
Dividend Payable
10/08/2021
Last Earnings
10/24/2021
Today
12/07/2021
Fiscal Year End
12/31/2021
Next Earnings (Estimated)
1/26/2022

Social Links


MarketRank

Overall MarketRank

2.77 out of 5 stars

Finance Sector

128th out of 1,342 stocks

State Commercial Banks Industry

19th out of 233 stocks

Analyst Opinion: 1.3Community Rank: 3.9Dividend Strength: 5.0Insider Behavior: 2.5Valuation: 1.3 5 -4 -3 -2 -1 -












Washington Trust Bancorp (NASDAQ:WASH) Frequently Asked Questions

Is Washington Trust Bancorp a buy right now?

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

How has Washington Trust Bancorp's stock price been impacted by Coronavirus?

Washington Trust Bancorp's stock was trading at $35.75 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WASH stock has increased by 53.7% and is now trading at $54.93.
View which stocks have been most impacted by COVID-19
.

When is Washington Trust Bancorp's next earnings date?

Washington Trust Bancorp is scheduled to release its next quarterly earnings announcement on Wednesday, January 26th 2022.
View our earnings forecast for Washington Trust Bancorp
.

How were Washington Trust Bancorp's earnings last quarter?

Washington Trust Bancorp, Inc. (NASDAQ:WASH) announced its quarterly earnings data on Sunday, October, 24th. The financial services provider reported $1.07 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.97 by $0.10. The financial services provider had revenue of $56.59 million for the quarter, compared to analysts' expectations of $54.40 million. Washington Trust Bancorp had a trailing twelve-month return on equity of 13.83% and a net margin of 29.92%. During the same quarter in the prior year, the business earned $1.06 earnings per share.
View Washington Trust Bancorp's earnings history
.

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 Thursday, September 16th. Investors of record on Friday, October 1st will be given a dividend of $0.52 per share on Friday, October 8th. This represents a $2.08 dividend on an annualized basis and a dividend yield of 3.79%. The ex-dividend date is Thursday, September 30th.
View Washington Trust Bancorp's dividend history
.

Is Washington Trust Bancorp a good dividend stock?

Washington Trust Bancorp pays an annual dividend of $2.08 per share and currently has a dividend yield of 3.85%. Washington Trust Bancorp has been increasing its dividend for 11 consecutive years, indicating the company has a strong committment to maintain and grow its dividend. The dividend payout ratio of Washington Trust Bancorp is 48.26%. This payout ratio is at a healthy, sustainable level, below 75%. Based on earnings estimates, Washington Trust Bancorp will have a dividend payout ratio of 52.93% next year. This indicates that Washington Trust Bancorp will be able to sustain or increase its dividend.
View Washington Trust Bancorp's dividend history.

What price target have analysts set for WASH?

2 brokerages have issued 1-year price targets for Washington Trust Bancorp's stock. Their forecasts range from $58.00 to $58.00. On average, they anticipate Washington Trust Bancorp's stock price to reach $58.00 in the next year. This suggests a possible upside of 5.6% from the stock's current price.
View analysts' price targets for Washington Trust Bancorp
or view top-rated stocks among Wall Street analysts.

Who are Washington Trust Bancorp's key executives?

Washington Trust Bancorp's management team includes the following people:
  • Ned Handy, Chairman & Chief Executive Officer
  • Mark K. W. Gim, President & Chief Operating Officer
  • Ronald S. Ohsberg, Chief Financial Officer, Treasurer & Senior EVP
  • Dennis L. Algiere, Chief Compliance Officer & Executive VP
  • Kristen L. DiSanto, Secretary, Chief Human Resources Officer & SEVP

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

2 employees have rated Washington Trust Bancorp CEO Edward O. Handy III on Glassdoor.com. Edward O. Handy III has an approval rating of 100% among Washington Trust Bancorp'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).

What is Washington Trust Bancorp's stock symbol?

Washington Trust Bancorp trades on the NASDAQ under the ticker symbol "WASH."

Who are Washington Trust Bancorp's major shareholders?

Washington Trust Bancorp's stock is owned by a variety of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.72%), Franklin Resources Inc. (5.62%), Dimensional Fund Advisors LP (4.01%), WASHINGTON TRUST Co (3.92%), Principal Financial Group Inc. (2.35%) and Boston Trust Walden Corp (1.82%). Company insiders that own Washington Trust Bancorp stock include Edwin J Santos, Joseph J Marcaurele, Joseph J Marcaurele and William K Sr Wray.
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 Principal Financial Group Inc., BlackRock Inc., Hotchkis & Wiley Capital Management LLC, Morgan Stanley, Renaissance Technologies LLC, Russell Investments Group Ltd., Goldman Sachs Group Inc., and Thrivent Financial for Lutherans. Company insiders that have sold Washington Trust Bancorp company stock in the last year include Edwin J Santos, Joseph J Marcaurele, and William K Sr Wray.
View insider buying and selling activity for Washington Trust Bancorp
or view top insider-selling stocks.

Which institutional investors are buying Washington Trust Bancorp stock?

WASH stock was acquired by a variety of institutional investors in the last quarter, including Raymond James & Associates, Victory Capital Management Inc., SG Americas Securities LLC, Bank of New York Mellon Corp, IFG Advisory LLC, Citadel Advisors LLC, Aptus Capital Advisors LLC, and Two Sigma Investments LP.
View insider buying and selling activity for Washington Trust Bancorp
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Washington Trust Bancorp's stock price today?

One share of WASH stock can currently be purchased for approximately $54.93.

How much money does Washington Trust Bancorp make?

Washington Trust Bancorp has a market capitalization of $953.75 million and generates $269.38 million in revenue each year. The financial services provider earns $69.83 million in net income (profit) each year or $4.31 on an earnings per share basis.

How many employees does Washington Trust Bancorp have?

Washington Trust Bancorp employs 609 workers across the globe.

When was Washington Trust Bancorp founded?

Washington Trust Bancorp was founded in 1800.

What is Washington Trust Bancorp's official website?

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

Where are Washington Trust Bancorp's headquarters?

Washington Trust Bancorp is headquartered at 23 BROAD STREET, WESTERLY RI, 02891.

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, via email at [email protected], or via fax at 401-348-1262.


This page was last updated on 12/7/2021 by MarketBeat.com Staff

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