Washington Trust Bancorp (WASH) Competitors

$26.46
+0.71 (+2.76%)
(As of 04/23/2024 ET)

WASH vs. THFF, CCBG, CCNE, FMNB, HTBK, HBNC, CPF, MOFG, EBTC, and UVSP

Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include First Financial (THFF), Capital City Bank Group (CCBG), CNB Financial (CCNE), Farmers National Banc (FMNB), Heritage Commerce (HTBK), Horizon Bancorp (HBNC), Central Pacific Financial (CPF), MidWestOne Financial Group (MOFG), Enterprise Bancorp (EBTC), and Univest Financial (UVSP). These companies are all part of the "regional banks" industry.

Washington Trust Bancorp vs.

Washington Trust Bancorp (NASDAQ:WASH) and First Financial (NASDAQ:THFF) are both small-cap finance companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, media sentiment, risk, earnings, dividends, institutional ownership, profitability, valuation and community ranking.

Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 8.5%. First Financial pays an annual dividend of $1.80 per share and has a dividend yield of 4.8%. Washington Trust Bancorp pays out 82.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. First Financial pays out 35.4% of its earnings in the form of a dividend.

First Financial has lower revenue, but higher earnings than Washington Trust Bancorp. First Financial is trading at a lower price-to-earnings ratio than Washington Trust Bancorp, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Washington Trust Bancorp$364.80M1.24$48.18M$2.719.76
First Financial$271.10M1.62$60.67M$5.097.31

Washington Trust Bancorp has a beta of 0.81, suggesting that its stock price is 19% less volatile than the S&P 500. Comparatively, First Financial has a beta of 0.51, suggesting that its stock price is 49% less volatile than the S&P 500.

First Financial has a net margin of 22.38% compared to Washington Trust Bancorp's net margin of 12.01%. First Financial's return on equity of 12.13% beat Washington Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Washington Trust Bancorp12.01% 10.18% 0.65%
First Financial 22.38%12.13%1.25%

First Financial received 154 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 61.78% of users gave First Financial an outperform vote while only 54.05% of users gave Washington Trust Bancorp an outperform vote.

CompanyUnderperformOutperform
Washington Trust BancorpOutperform Votes
187
54.05%
Underperform Votes
159
45.95%
First FinancialOutperform Votes
341
61.78%
Underperform Votes
211
38.22%

In the previous week, Washington Trust Bancorp had 18 more articles in the media than First Financial. MarketBeat recorded 22 mentions for Washington Trust Bancorp and 4 mentions for First Financial. Washington Trust Bancorp's average media sentiment score of 0.69 beat First Financial's score of 0.34 indicating that Washington Trust Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Washington Trust Bancorp
10 Very Positive mention(s)
1 Positive mention(s)
9 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive
First Financial
1 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

65.8% of Washington Trust Bancorp shares are owned by institutional investors. Comparatively, 72.7% of First Financial shares are owned by institutional investors. 1.7% of Washington Trust Bancorp shares are owned by company insiders. Comparatively, 4.1% of First Financial shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

First Financial has a consensus price target of $43.00, suggesting a potential upside of 15.56%. Given First Financial's stronger consensus rating and higher possible upside, analysts plainly believe First Financial is more favorable than Washington Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Washington Trust Bancorp
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50
First Financial
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Summary

First Financial beats Washington Trust Bancorp on 13 of the 19 factors compared between the two stocks.

Get Washington Trust Bancorp News Delivered to You Automatically

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

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WASH and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

WASH vs. The Competition

MetricWashington Trust BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$438.60M$2.24B$8.25B$7.47B
Dividend Yield8.70%4.32%10.60%3.98%
P/E Ratio9.7610.7262.2419.39
Price / Sales1.242.033,576.4989.70
Price / Cash8.078.3328.0128.59
Price / Book0.951.022.204.31
Net Income$48.18M$419.68M$997.39M$213.83M
7 Day Performance9.20%4.68%2.37%1.35%
1 Month Performance2.84%0.37%-0.99%-4.08%
1 Year Performance-11.77%18.43%12.88%7.92%

Washington Trust Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
THFF
First Financial
4.5407 of 5 stars
$35.20
-1.3%
$43.00
+22.2%
+9.4%$415.71M$271.10M6.92861News Coverage
CCBG
Capital City Bank Group
4.8885 of 5 stars
$25.71
-1.8%
$34.67
+34.8%
-4.1%$435.53M$252.68M8.01970Analyst Report
News Coverage
CCNE
CNB Financial
4.6755 of 5 stars
$18.46
-2.9%
N/A+6.4%$388.03M$327.03M7.21765
FMNB
Farmers National Banc
3.4963 of 5 stars
$11.84
-1.1%
$15.33
+29.5%
+11.9%$444.59M$255.20M8.84666News Coverage
Positive News
HTBK
Heritage Commerce
4.7032 of 5 stars
$7.88
-0.5%
$10.75
+36.4%
+2.3%$482.65M$243.30M7.43349Upcoming Earnings
HBNC
Horizon Bancorp
4.3428 of 5 stars
$11.40
-0.1%
$13.00
+14.0%
+15.9%$502.85M$324.30M17.81818
CPF
Central Pacific Financial
4.5517 of 5 stars
$18.72
-1.3%
$24.00
+28.2%
+23.1%$506.38M$329.32M8.63696
MOFG
MidWestOne Financial Group
4.3377 of 5 stars
$20.05
-2.7%
$25.67
+28.0%
+0.7%$315.79M$268.04M15.19732Upcoming Earnings
EBTC
Enterprise Bancorp
4.3574 of 5 stars
$23.46
-0.2%
N/A-16.0%$288.09M$218.66M7.57570News Coverage
UVSP
Univest Financial
2.8091 of 5 stars
$18.45
-1.5%
$19.50
+5.7%
-6.9%$544.83M$448.55M7.66920Positive News

Related Companies and Tools

This page (NASDAQ:WASH) was last updated on 4/24/2024 by MarketBeat.com Staff

From Our Partners