Washington Trust Bancorp Stock Today
| WASH Stock | USD 32.83 0.44 1.36% |
Performance3 of 100
| Odds Of DistressLess than 3
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Washington Trust is trading at 32.83 as of the 18th of January 2025. This is a 1.36 percent increase since the beginning of the trading day. The stock's open price was 32.39. Washington Trust has a very small chance of experiencing financial distress in the next few years but had a somewhat insignificant performance during the last 90 days. The performance scores are derived for the period starting the 19th of December 2024 and ending today, the 18th of January 2025. Click here to learn more.
Business Domain Banks | IPO Date 18th of August 1995 | Category Financial Services | Classification Financials |
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. The company has 19.26 M outstanding shares of which 322.61 K shares are at this time shorted by private and institutional investors with about 1.21 trading days to cover. More on Washington Trust Bancorp
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Washington Stock Highlights
ESG Sustainability
Environmental | Governance | Social |
| President | Kristen DiSanto | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Business Concentration | Regional Banks, Banks - Regional, Financial Services, NASDAQ Composite, NASDAQ Composite Total, Financials, Banks, Banks—Regional, Financial Services (View all Sectors) | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Average Analyst Recommendation | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Financial Strength
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Debt LevelsWashington Trust can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Washington Trust's financial leverage. It provides some insight into what part of Washington Trust's total assets is financed by creditors.
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Washington Trust Bancorp (WASH) is traded on NASDAQ Exchange in USA. It is located in 23 Broad Street, Westerly, RI, United States, 02891 and employs 665 people. Washington Trust is listed under Regional Banks category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with a current market capitalization of 632.42 M. Washington Trust Bancorp conducts business under Banks sector and is part of Financials industry. The entity has 19.26 M outstanding shares of which 322.61 K shares are at this time shorted by private and institutional investors with about 1.21 trading days to cover.
Washington Trust Bancorp currently holds about 130.07 M in cash with 31.6 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 7.57.
Check Washington Trust Probability Of Bankruptcy
Ownership AllocationWashington Trust Bancorp retains a total of 19.26 Million outstanding shares. Over half of Washington Trust's outstanding shares are owned by institutional investors. These institutional investors are typically referred to as corporate investors that purchase positions in a given instrument to benefit from reduced trade commissions. Please note that no matter how many assets the company shows, if the real value of the company is less than the current market value, you may not be able to make money on it.
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Washington Stock Institutional Holders
| Instituion | Recorded On | Shares | |
| Charles Schwab Investment Management Inc | 2024-09-30 | 201 K | |
| Goldman Sachs Group Inc | 2024-09-30 | 199.9 K | |
| Morgan Stanley - Brokerage Accounts | 2024-09-30 | 179.1 K | |
| Drexel Morgan & Company, Llc | 2024-09-30 | 166.9 K | |
| Northern Trust Corp | 2024-09-30 | 159.9 K | |
| Aqr Capital Management Llc | 2024-09-30 | 155.7 K | |
| Bank Of New York Mellon Corp | 2024-09-30 | 135.1 K | |
| Siena Capital Management, Llc | 2024-09-30 | 120 K | |
| Aptus Capital Advisors, Llc | 2024-09-30 | 103.8 K | |
| Blackrock Inc | 2024-09-30 | 2.3 M | |
| Fmr Inc | 2024-09-30 | 1.3 M |
Washington Trust Historical Income Statement
Washington Stock Against Markets
Washington Trust Corporate Management
| Ronald CPA | CFO EVP | Profile | |
| CPA CPA | Chief VP | Profile | |
| Rolando Lora | Executive Officer | Profile | |
| Anthony Botelho | Executive Company | Profile | |
| Joseph Confessore | Senior Banking | Profile |
Already Invested in Washington Trust Bancorp?
The danger of trading Washington Trust Bancorp is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Washington Trust is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Washington Trust. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Washington Trust Bancorp is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Washington Trust Bancorp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Washington Trust's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Washington Trust Bancorp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Washington Trust Bancorp Stock: Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Washington Trust Bancorp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in state. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Is Regional Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Washington Trust. If investors know Washington will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Washington Trust listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.01) | Dividend Share 2.24 | Earnings Share 2.71 | Revenue Per Share | Quarterly Revenue Growth (0) |
The market value of Washington Trust Bancorp is measured differently than its book value, which is the value of Washington that is recorded on the company's balance sheet. Investors also form their own opinion of Washington Trust's value that differs from its market value or its book value, called intrinsic value, which is Washington Trust's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Washington Trust's market value can be influenced by many factors that don't directly affect Washington Trust's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Washington Trust's value and its price as these two are different measures arrived at by different means. Investors typically determine if Washington Trust is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Washington Trust's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.