Washington Trust Bancorp Inc logo

WASH - Washington Trust Bancorp Inc Share Price

$29.94 1.1  3.8%

Last Trade - 10/07/20

Sector
Financials
Size
Mid Cap
Market Cap £395.0m
Enterprise Value £271.3m
Revenue £161.1m
Position in Universe 2851st / 6345
Bullish
Bearish
Unlock WASH Revenue
Momentum
Relative Strength (%)
1m -18.2%
3m
6m
1yr
Volume Change (%)
10d / 3m
Price vs... (%)
52w High -47.5%
50d MA
200d MA
Growth & Value
12m Forecast Rolling Industry Market
Valuation (ttm) Industry Market
Margin of Safety
Qualifying GuruScreens
Financial Summary
Year End 31st Dec 2014 2015 2016 2017 2018 2019 2020E 2021E CAGR / Avg
158.5 162.3 175.6 184.3 194.4 200.5 131.9 133.5 +4.8%
+2.6 +6.9 +5.2 +10.6 +30.9 +0.9 -30.9 +0.37
PEG
Profitability
ROA
%
%
Cashflow
Dividends
Balance Sheet
NFA
m
FINANCIAL BRIEF: : For the three months ended 31 March 2020, Washington Trust Bancorp interest income decreased 6% to $47.1M. Net interest income after loan loss provision decreased 25% to $25.6M. Net income applicable to common stockholders decreased 32% to $11.9M. Net interest income after loan loss provision reflects Commercial Banking segment decrease of 18% to $22M, Corporate segment decrease of 51% to $3.7M, Net Interest Margin, Total -% decrease of 11% to 2.61%.
Health Trend(F-Score)
0 1 2 3 4 5 6 7 8 9
Bankruptcy Score(Z-Score)
Distress
Cautious
Safe
Earnings Manipulation Risk(M-Score)
Other Ratios
Recent History
Latest interim period vs. prior period Industry Market
3yr Compound Annual Growth Rate Industry Market
Latest News & Insights for WASH
Graphical History

Revenue

WASH Revenue Unlock WASH Revenue

Net Income

WASH Net Income Unlock WASH Revenue

Normalised EPS

WASH Normalised EPS Unlock WASH Revenue

PE Ratio Range

WASH PE Ratio Range Unlock WASH Revenue

Dividend Yield Range

WASH Dividend Yield Range Unlock WASH Revenue
Analyst Forecasts
Price Target:
( below Price)
31st Dec 2020
31st Dec 2021
Est. Long Term Growth Rate: Net Profit
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EPS
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DPS
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Net Profit
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EPS
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DPS
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Consensus Estimate
1m Change
3m Change
Analyst Consensus
Strong Sell Sell Hold Buy Strong Buy
EPS 2019 /  2020
WASH EPS Forecasts Unlock WASH Revenue
Profile Summary

Washington Trust Bancorp, Inc. is a bank holding company and financial holding company. The Company is a holding company of The Washington Trust Company, of Westerly (the Bank), a Rhode Island chartered commercial bank. The Company operates through two business segments: Commercial Banking and Wealth Management Services. The Company offers a range of product lines of banking and financial services to individuals and businesses, including commercial, residential and consumer lending, retail and commercial deposit products, and wealth management services through its offices in Rhode Island, eastern Massachusetts and Connecticut; its automated teller machines (ATMs); telephone banking; mobile banking and its Internet Website (www.washtrust.com). Its investment securities portfolio amounted to $755.5 million, as of December 31, 2016. The Company's total loan portfolio amounted to $3.2 billion, as of December 31, 2016.

Directors
Last Annual December 31st, 2019
Last Interim March 31st, 2020
Incorporated January 5, 1984
Public Since September 19, 1995
No. of Shareholders: 1,543
No. of Employees: 598
Sector Financials
Industry Banking Services
Index Nasdaq Composite ,
Exchange NASDAQ Global Select Market
Shares in Issue 17,258,482
Free Float (0.0%)
Eligible for
ISAs
SIPPs
WASH Share Price Performance
Share Price
Bid - Ask
Low - High
Spread
Day's Change
Avg Volume
Open - Close
Range (12m)
Beta
Latest News for WASH
Upcoming Events for WASH
Monday 20th July, 2020 Estimate
Q2 2020 Washington Trust Bancorp Inc Earnings Release
Monday 19th October, 2020 Estimate
Q3 2020 Washington Trust Bancorp Inc Earnings Release
Frequently Asked Questions for Washington Trust Bancorp Inc
What is the Washington Trust Bancorp Inc share price?

As of 10/07/20, shares in Washington Trust Bancorp Inc are trading at $29.94, giving the company a market capitalisation of £395.0m. This share price information is delayed by 15 minutes.

How has the Washington Trust Bancorp Inc share price performed this year?

Shares in Washington Trust Bancorp Inc are currently trading at $29.94 and the price has moved by -44.12% over the past 365 days. In terms of relative price strength - which takes into account the overall market trend - the Washington Trust Bancorp Inc price has moved by -47.12% over the past year.

What are the analyst and broker recommendations for Washington Trust Bancorp Inc?

Of the analysts with advisory recommendations for Washington Trust Bancorp Inc, there are there are currently 1 "buy" , 4 "hold" and 0 "sell" recommendations. The overall consensus recommendation for Washington Trust Bancorp Inc is Hold. You can view the full broker recommendation list by unlocking its StockReport.

When will Washington Trust Bancorp Inc next release its financial results?

Washington Trust Bancorp Inc is scheduled to issue upcoming financial results on the following dates:

Interim results are scheduled for: 2021-03-31
What is the Washington Trust Bancorp Inc dividend yield?

The Washington Trust Bancorp Inc dividend yield is 6.93% based on the trailing twelve month period.

Does Washington Trust Bancorp Inc pay a dividend?

Last year, Washington Trust Bancorp Inc paid a total dividend of 2, and it currently has a trailing dividend yield of 6.93%. Looking ahead, Washington Trust Bancorp Inc has not announced an ex-dividend date yet and the next dividend pay date is 2020-07-10.

When does Washington Trust Bancorp Inc next pay dividends?

Washington Trust Bancorp Inc has yet to annouce their ex-dividend date and the next dividend pay date is 2020-07-10. The historic dividend yield on Washington Trust Bancorp Inc shares is currently 6.93%.

How do I buy Washington Trust Bancorp Inc shares?

To buy shares in Washington Trust Bancorp Inc you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.

What is the market cap of Washington Trust Bancorp Inc?

Shares in Washington Trust Bancorp Inc are currently trading at $29.94, giving the company a market capitalisation of £395.0m.

Where are Washington Trust Bancorp Inc shares listed? Where are Washington Trust Bancorp Inc shares listed?

Here are the trading details for Washington Trust Bancorp Inc:

Country of listing: United States
Exchange: NSQ
Ticker Symbol: WASH
What kind of share is Washington Trust Bancorp Inc?

Based on an overall assessment of its quality, value and momentum, Washington Trust Bancorp Inc is currently classified as a Value Trap. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.

Is there a Washington Trust Bancorp Inc share price forecast 2020?

Shares in Washington Trust Bancorp Inc are currently priced at $29.94. At that level they are trading at 48.18% discount to the analyst consensus target price of 0.00.

Analysts covering Washington Trust Bancorp Inc currently have a consensus Earnings Per Share (EPS) forecast of 2.738 for the next financial year.

How can I tell whether the Washington Trust Bancorp Inc share price will go up?

An important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Washington Trust Bancorp Inc. Over the past six months, the relative strength of its shares against the market has been -42.72%. At the current price of $29.94, shares in Washington Trust Bancorp Inc are trading at -32.79% against their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.

What is the Washington Trust Bancorp Inc PE Ratio?

The Washington Trust Bancorp Inc PE ratio based on its reported earnings over the past 12 months is 7.93. The shares are currently trading at $29.94.

The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.

The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.

Who are the key directors of Washington Trust Bancorp Inc?

Washington Trust Bancorp Inc's management team is headed by:

Edward Handy - CHM
Ronald Ohsberg - CFO
Mark Gim - PRE
Maria Janes - EVP
Debra Gormley - EVP
Kristen DiSanto - CHO
Kathleen Ryan - EVP
John Bowen - IND
James Hagerty - EVP
Mary Noons - EVP
William Wray - EVP
Steven Crandall - IND
Robert DiMuccio - IND
Constance Howes - IND
Joseph MarcAurele - DRC
Who are the major shareholders of Washington Trust Bancorp Inc?

Here are the top five shareholders of Washington Trust Bancorp Inc based on the size of their shareholding:

Wallace (Jean M) Individual Investor
Percentage owned: 11.49% (1.98m shares)
BNY Mellon Wealth Management Investment Advisor/Hedge Fund
Percentage owned: 10.04% (1.73m shares)
BlackRock Institutional Trust Company, N.A. Investment Advisor
Percentage owned: 6.26% (1.08m shares)
Principal Global Investors (Equity) Investment Advisor
Percentage owned: 5.87% (1.01m shares)
Champlain Investment Partners, LLC Investment Advisor
Percentage owned: 4.99% (861k shares)
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