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Market Cap 539.84M P/E 9.22 EPS this Y -27.00% Ern Qtrly Grth -21.90%
Income 48.09M Forward P/E 11.25 EPS next Y 25.20% 50D Avg Chg 14.00%
Sales 190.04M PEG 2.39 EPS past 5Y -4.72% 200D Avg Chg -16.00%
Dividend 7.00% Price/Book 1.18 EPS next 5Y 5.00% 52W High Chg -43.00%
Recommedations 3.20 Quick Ratio - Shares Outstanding 17.03M 52W Low Chg 42.00%
Insider Own 1.48% ROA 0.70% Shares Float 16.70M Beta 0.81
Inst Own 68.33% ROE 10.40% Shares Shorted/Prior 574.59K/477.01K Price 31.72
Gross Margin - Profit Margin 25.35% Avg. Volume 158,240 Target Price 27.00
Oper. Margin 30.43% Earnings Date Apr 22 Volume 104,348 Change 0.22%
About Washington Trust Bancorp, Inc.

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

Washington Trust Bancorp, Inc. News
04/17/24 Seeking Clues to Washington Trust (WASH) Q1 Earnings? A Peek Into Wall Street Projections for Key Metrics
04/17/24 We Think Washington Trust Bancorp, Inc.'s (NASDAQ:WASH) CEO Compensation Package Needs To Be Put Under A Microscope
04/15/24 Washington Trust Contributes $22,000 to NeighborWorks Blackstone River Valley
04/12/24 Washington Trust Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast
03/27/24 Washington Trust Recognizes Employees at Annual Celebration
03/25/24 Washington Trust Bancorp's (NASDAQ:WASH) Dividend Will Be $0.56
03/21/24 Washington Trust Bancorp, Inc. Announces Quarterly Dividend
02/29/24 Washington Trust Charitable Foundation Donates $122,000 to Housing Organizations in Rhode Island
10:43 AM JPMorgan (JPM) to Pay $350M Civil Penalty Over Reporting Lapses
02/15/24 Washington Trust opens 27th branch in Smithfield, R.I.
02/12/24 Washington Trust Appoints Debra M. Paul and Angel Taveras To Board of Directors
02/09/24 Goldman Sachs (GS) Under Investigation Over Futures Trading Fee
02/02/24 Washington Trust Bancorp, Inc. Announces Virtual Annual Shareholders Meeting
02/01/24 HSBC Faces Penalty for Failing to Protect Customer Deposits
01/30/24 Washington Trust Supports Crossroads Capital Campaign and 'Welcome Home' Program
01/27/24 Washington Trust Bancorp, Inc. (NASDAQ:WASH) Q4 2023 Earnings Call Transcript
01/25/24 Q4 2023 Washington Trust Bancorp Inc Earnings Call
01/24/24 Washington Trust (WASH) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
01/24/24 Washington Trust Bancorp (WASH) Surpasses Q4 Earnings Estimates
01/24/24 Washington Trust Reports Fourth Quarter and Full-Year 2023 Earnings
WASH Chatroom

User Image HeloGuy89 Posted - 3 days ago

$WASH Any idea why this stock has been deflating lately?

User Image Stock_Titan Posted - 1 week ago

$WASH Washington Trust Announces Date of First Quarter 2024 Earnings Release, Conference Call and Webcast https://www.stocktitan.net/news/WASH/washington-trust-announces-date-of-first-quarter-2024-earnings-qwwkghj97vp2.html

User Image sk8ordie1 Posted - 1 week ago

$WASH Dividends payout tomorrow.. lower price better for the reinvest.. still seems generally undervalued. Possibly just caught in the wave of inflation doubts. I think we have some big banks reporting tomorrow also. That might be affecting things?

User Image PepsiC Posted - 1 week ago

$WASH what’s happening here 🤔🤔

User Image Aigner_Andreas Posted - 2 weeks ago

TD SELL $WASH at 26.47, Supp 24.53 Resis 27.47 R12 HiLo 49% T1Y 53 hold 2.8 DIV 4.62% #Washington #stocks #trading #finance #market

User Image Stock_Titan Posted - 03/27/24

$WASH Washington Trust Recognizes Employees at Annual Celebration https://www.stocktitan.net/news/WASH/washington-trust-recognizes-employees-at-annual-fmdxr2nwh8jv.html

User Image sk8ordie1 Posted - 03/25/24

$WASH "declared a quarterly dividend of 56 cents per share for the quarter ending March 31, 2024. The dividend will be paid April 12, 2024 to shareholders of record on April 1, 2024" My retirement account loves this stock. https://www.prnewswire.com/news-releases/washington-trust-bancorp-inc-announces-quarterly-dividend-302096306.html

User Image GrayT Posted - 03/21/24

$WASH Looks like a good entry may be around $22 - $25. At 8.5% annual dividend yield, and retracement up around $35-40. Looks like a decent investment opportunity. If it breaks down, the next support is around $15.

User Image Stock_Titan Posted - 02/29/24

$WASH Washington Trust Charitable Foundation Donates $122,000 to Housing Organizations in Rhode Island https://www.stocktitan.net/news/WASH/washington-trust-charitable-foundation-donates-122-000-to-housing-d6lny5hx2c51.html

User Image Stock_Titan Posted - 2 months ago

$WASH Washington Trust opens 27th branch in Smithfield, R.I. https://www.stocktitan.net/news/WASH/washington-trust-opens-27th-branch-in-smithfield-r-braujqpxduj4.html

User Image TickerDD_com Posted - 2 months ago

From 2/7/2024, looking back across 22 Month-Ends for WASH, Percentage Change of Average Monthly Price had More Negatives (64%) while Percentage Change of Average Monthly Volume had More Positives (95%) $WASH #WASH #WASHStock #TickerDD #WASHPrice https://www.youtube.com/watch?v=abrmhO327kQ

User Image sk8ordie1 Posted - 2 months ago

$WASH https://zolmax.com/investing/kestra-private-wealth-services-llc-raises-stock-holdings-in-washington-trust-bancorp-inc-nasdaqwash/10081816.html

User Image Aigner_Andreas Posted - 2 months ago

TD BUY $WASH at 26.04, Supp 26.04 Resis 30.78 R18 HiLo 24% T1Y 53 hold 2.8 DIV 4.62% #Washington #stocks #trading #finance #market

User Image sk8ordie1 Posted - 01/26/24

$WASH Insider buying reported.. also great dividend track record on this stock. http://archive.fast-edgar.com/20240125/A422I22CZ22ZR2Z2222S2CYZ56RO8ZN27262/

User Image 9ForMyLostGod Posted - 01/25/24

Added $PFE and $WASH to my diversified dividend portfolio on these down days. At 6% and 7%, respectively they yield less than my average basket of stocks, but better than ST treasuries. Still watching $MMM for entry.

User Image Rskyk Posted - 01/25/24

$WASH seasoned solid company with strong mgt corp. good entry dip imo. Long n strong

User Image bruggs Posted - 01/25/24

$WASH You take management guidance from the earnings call on Jan 25 and EPS run rate for this bank for 2024 is now $0.42 / share per quarter. Dividend payout well in excess of 100%. I expect pressure on the stock later today. This isn’t advice & these are my estimates.

User Image Last10K Posted - 01/24/24

$WASH just filed with the SEC a Earnings Release and a Financial Exhibit https://last10k.com/sec-filings/WASH/0000737468-24-000004.htm?utm_source=stocktwits&utm_medium=forum&utm_campaign=8K&utm_term=WASH

User Image epsguid Posted - 01/24/24

$WASH reported earnings of $0.76, consensus was $0.54 via @eWhispers #epsbeat http://eps.sh/d/wash

User Image sk8ordie1 Posted - 01/24/24

$WASH "Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced fourth quarter 2023 net income of $12.9 million, or $0.76 per diluted share, compared to net income of $11.2 million, or $0.65 per diluted share, for the third quarter of 2023. Net income for the year ended December 31, 2023 totaled of $48.2 million, or $2.82 per diluted share, compared to $71.7 million, or $4.11 per diluted share, reported for the prior year." https://www.prnewswire.com/news-releases/washington-trust-reports-fourth-quarter-and-full-year-2023-earnings-302043683.html

User Image cctranscripts Posted - 01/23/24

BlackRock, Inc. just provided an update on share ownership of Washington Trust Bancorp https://www.conferencecalltranscripts.org/summary/?id=12886902 $WASH

User Image sk8ordie1 Posted - 3 months ago

$WASH Looking forward to ER next week 1/24 after the bell.

User Image tickeron Posted - 3 months ago

$WASH enters bullish trend https://srnk.us/go/4973299

User Image Cappo562 Posted - 3 months ago

$wash! Dude...the pathetic whining is strong with these cucks. I'm scared...it's going to zero...I am down $14 on my investment....waahhh...waah!

User Image ChartMill Posted - 3 months ago

$WASH: Washington Trust Announces Date of Fourth Quarter 2023 Earnings Release, Conference Call and Webcast https://www.chartmill.com/stock/quote/WASH/news?utm_source=prnews-2024-1-12-washington-trust-announces-date-of-fourth-quarter-2023-earnings-release-conference-call-and-webcast&utm_medium=stocktwits&utm_campaign=pressRelease

User Image Aigner_Andreas Posted - 3 months ago

#GoldenCross $WASH at 30.09 R8 HiLo 37% T1Y 53 hold DIV 4.62% #Washington #stocks #trading #finance #market

User Image sk8ordie1 Posted - 3 months ago

$WASH "On January 7, 2024 Trading Central resumed coverage for WASHINGTON TRUST BANCORP ORD SHS with a NEUTRAL recommendation." - Fidelity

User Image StockAutomatePro Posted - 3 months ago

$WASH The chart suggests a bearish outlook for the stock. We alerted the SELL signal at $33.4 and we were able to close this one with profit at $30.62 😎

User Image DonCorleone77 Posted - 12/29/23

$WASH Washington Trust buyback 'modest positive' for shares, says Keefe Bruyette Keefe Bruyette keeps a Market Perform rating on Washington Trust Bancorp with a $27 price target after the company approved a new repurchase program for 2024 that authorizes the company to repurchase up to 850,000 shares. The analyst views the announcement as a "modest positive" for shares, although the firm expects "muted" buyback activity in the near term.

User Image DonCorleone77 Posted - 12/29/23

$WASH Washington Trust announces repurchase program up to 850,000 shares Washington Trust Bancorp said it has adopted a stock repurchase program, which authorizes the repurchase up to 850,000 shares of its common stock, or approximately 5% of its current outstanding shares. The 2024 repurchase program will commence on January 1, 2024 and expire on December 31, 2024.

Analyst Ratings
Seaport Global Neutral Jan 31, 24
Seaport Global Buy Sep 12, 23
Piper Sandler Underweight Jul 25, 23
Piper Sandler Neutral May 15, 23
Keefe, Bruyette & Woods Market Perform Apr 25, 23
Compass Point Neutral Oct 26, 22
Piper Sandler Neutral Apr 7, 22
Piper Sandler Overweight Jul 8, 21
Piper Sandler Neutral Sep 28, 20
Insider Trades Relationship Date Transactions Cost($) #Shares Value($) #Share Own SEC Form 4
Noons Mary E. President and COO President and COO Sep 11 Sell 26.94 1 21 14,761 09/13/23
Santos Edwin J Director Director Dec 12 Sell 48.53 100 4,853 5,200 12/14/22
ALGIERE DENNIS L EVP Ch Comp Off/Dir.. EVP Ch Comp Off/Dir Com Affair Nov 17 Sell 47.43 0 14 10,034 11/21/22
Santos Edwin J Director Director Jan 31 Sell 57.012 300 17,104 4,670 02/02/22
Hagerty James M EVP & Chief Lending.. EVP & Chief Lending Officer Jan 07 Sell 60.111 2,000 120,222 12,231 01/11/22
MarcAurele Joseph J Director Director Aug 30 Sell 54 1,756 94,824 59,038 08/30/21
Gormley Debra A. EVP & Chief Retail B.. EVP & Chief Retail Banking Off May 25 Option 23.27 4,000 93,080 13,073 05/25/21