Washington Trust Financials

WASH Stock  USD 37.32  0.72  1.97%   
Based on the key indicators related to Washington Trust's liquidity, profitability, solvency, and operating efficiency, Washington Trust Bancorp may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. As of now, Washington Trust's Non Current Assets Total are increasing as compared to previous years. The Washington Trust's current Non Currrent Assets Other is estimated to increase to about 7.1 B, while Common Stock Shares Outstanding is projected to decrease to under 15.1 M. Key indicators impacting Washington Trust's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Net Profit Margin0.180.2535
Way Down
Pretty Stable
Return On Assets0.00810.0067
Fairly Up
Slightly volatile
Return On Equity0.0960.1019
Notably Down
Pretty Stable
Debt Equity Ratio1.611.4019
Fairly Up
Pretty Stable
Operating Income77.1 M72.7 M
Notably Up
Slightly volatile
Current Ratio5.94.67
Significantly Up
Very volatile
Investors should never underestimate Washington Trust's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Washington Trust's cash flow, debt, and profitability to make informed and accurate decisions about investing in Washington Trust Bancorp.

Net Income

29.76 Million

  
Understanding current and past Washington Trust Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Washington Trust's financial statements are interrelated, with each one affecting the others. For example, an increase in Washington Trust's assets may result in an increase in income on the income statement.

Washington Trust Stock Summary

Washington Trust competes with Univest Pennsylvania, Waterstone Financial, Mid Penn, ST Bancorp, and Republic Bancorp. Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that offers various banking and financial services to individuals and businesses. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island. Washington operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 623 people.
Specialization
Financial Services, Banks - Regional
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS9406101082
CUSIP940610108
LocationRhode Island; U.S.A
Business Address23 Broad Street,
SectorBanks
IndustryFinancials
BenchmarkDow Jones Industrial
Websitewww.washtrust.com
Phone401 348 1200
CurrencyUSD - US Dollar

Washington Trust Key Financial Ratios

Washington Trust Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets5.3B5.7B5.9B6.7B7.2B7.6B
Net Debt1.1B454.1M21.4M916.7M1.2B1.2B
Retained Earnings390.4M418.2M458.3M492.0M501.9M527.0M
Cash132.2M194.1M175.3M115.5M86.8M66.4M
Other Assets3.2B3.6B3.5B6.4B7.4B7.7B
Total Liab1.2B648.3M196.7M6.2B6.7B7.1B
Total Current Assets1.0B1.1B1.2B119.9M90.2M85.7M
Other Current Liab1.3B1.7B3.2B5.0B4.6B2.6B
Short Term Debt976.5M521.1M114.0M29.6M554.2M314.0M
Other Liab67.9M152.4M109.6M79.2M91.0M56.8M
Accounts Payable3.5B4.4B5.0B5.0B5.8B6.1B
Other Current Assets143.0M220.8M197.7M(992.4M)122.3M116.2M
Intangible Assets7.2M6.3M5.4M4.6M3.7M6.7M
Net Tangible Assets432.4M464.0M495.5M385.2M443.0M376.5M
Capital Surpluse123.3M125.6M126.5M127.1M146.1M123.3M

Washington Trust Key Income Statement Accounts

201920202021202220232024 (projected)
Interest Expense64.2M42.5M16.6M38.5M171.6M180.1M
Operating Income88.2M89.2M98.2M129.6M72.7M77.1M
Ebit89.0M89.2M98.2M91.2M56.5M75.7M
Ebitda89.1M93.3M102.5M95.5M61.3M78.4M
Net Income69.1M69.8M76.9M71.7M48.2M29.8M
Income Tax Expense19.1M19.3M21.3M19.5M8.3M11.2M
Total Revenue200.5M226.9M228.8M218.6M190.0M116.3M
Gross Profit200.5M226.9M228.8M218.6M363.4M381.6M
Income Before Tax88.2M89.2M98.2M91.2M56.5M42.1M
Tax Provision19.1M19.3M21.3M19.5M8.3M16.1M
Net Interest Income130.6M125.2M141.0M155.4M133.8M140.2M
Interest Income194.8M167.7M157.6M193.9M305.3M195.5M

Washington Trust Key Cash Accounts

201920202021202220232024 (projected)
Change In Cash45.0M63.8M(23.8M)(60.1M)(28.2M)(26.8M)
Free Cash Flow70.3M33.1M97.3M106.9M28.6M31.3M
Depreciation4.2M4.1M4.3M4.3M4.8M4.1M
Other Non Cash Items(5.3M)(29.8M)14.9M29.2M(5.5M)(5.2M)
Dividends Paid34.2M35.5M36.3M37.6M38.6M40.6M
Capital Expenditures3.1M3.4M3.5M6.1M5.0M3.6M
Net Income69.1M69.8M76.9M71.7M48.1M30.4M
End Period Cash Flow138.5M202.3M178.5M118.4M90.2M73.9M
Investments(159.5M)(264.4M)115.9M(762.5M)(550.8M)(523.3M)
Net Borrowings190.7M(547.6M)(448.9M)835M960.3M1.0B
Change To Netincome(8.4M)(34.8M)16.7M30.7M35.3M37.0M

Washington Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Washington Trust's current stock value. Our valuation model uses many indicators to compare Washington Trust value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Washington Trust competition to find correlations between indicators driving Washington Trust's intrinsic value. More Info.
Washington Trust Bancorp is rated below average in return on equity category among its peers. It is rated below average in return on asset category among its peers reporting about  0.07  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Washington Trust Bancorp is roughly  15.28 . As of now, Washington Trust's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Washington Trust's earnings, one of the primary drivers of an investment's value.

Washington Trust Bancorp Systematic Risk

Washington Trust's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Washington Trust volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was thirty-six with a total number of output elements of twenty-five. The Beta measures systematic risk based on how returns on Washington Trust Bancorp correlated with the market. If Beta is less than 0 Washington Trust generally moves in the opposite direction as compared to the market. If Washington Trust Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Washington Trust Bancorp is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Washington Trust is generally in the same direction as the market. If Beta > 1 Washington Trust moves generally in the same direction as, but more than the movement of the benchmark.

Washington Trust Thematic Clasifications

Washington Trust Bancorp is part of Banking investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions
BankingView
This theme covers USA Equities from Banking industry as classified by Fama & French. Fama and French investing themes focus on testing asset pricing under different economic assumptions. Get More Thematic Ideas
Today, most investors in Washington Trust Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Washington Trust's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Washington Trust growth as a starting point in their analysis.

Price Earnings To Growth Ratio

(0.34)

As of now, Washington Trust's Price Earnings To Growth Ratio is increasing as compared to previous years.

Washington Trust November 22, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Washington Trust help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Washington Trust Bancorp. We use our internally-developed statistical techniques to arrive at the intrinsic value of Washington Trust Bancorp based on widely used predictive technical indicators. In general, we focus on analyzing Washington Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Washington Trust's daily price indicators and compare them against related drivers.

Complementary Tools for Washington Stock analysis

When running Washington Trust's price analysis, check to measure Washington Trust's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Washington Trust is operating at the current time. Most of Washington Trust's value examination focuses on studying past and present price action to predict the probability of Washington Trust's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Washington Trust's price. Additionally, you may evaluate how the addition of Washington Trust to your portfolios can decrease your overall portfolio volatility.
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