Washington Trust Bancorp, Inc. (WASH)
Stock Price Chart
Key Info
| Market Cap | 589.95M |
| Revenue (ttm) | 200.09M |
| Net Income (ttm) | 67.15M |
| Shares Out | 17.26M |
| EPS (ttm) | 3.84 |
| PE Ratio | 8.90 |
| Forward PE | 11.00 |
| Dividend | $2.04 |
| Dividend Yield | 5.97% |
Stock Quote
| Trading Day | Oct 21, 2020 |
| Last Price | $34.18 |
| Previous Close | $34.12 |
| Change ($) | 0.06 |
| Change (%) | 0.18% |
| Day's Open | 34.17 |
| Day's Range | 33.40 - 34.48 |
| Day's Volume | 60,021 |
| 52-Week Range | 25.86 - 54.96 |
More Stats
| Market Cap | 589.95M |
| Enterprise Value | 1.47B |
| Earnings Date (est) | Feb 1, 2021 |
| Ex-Dividend Date | Sep 30, 2020 |
| Shares Outstanding | 17.26M |
| Float | 16.86M |
| EPS (basic) | 3.87 |
| EPS (diluted) | 3.84 |
| FCF / Share | 3.93 |
| Dividend | $2.04 |
| Dividend Yield | 5.97% |
| Earnings Yield | 11.23% |
| FCF Yield | 11.49% |
| Payout Ratio | 52.70% |
| Shares Short | 189,802 |
| Short Ratio | 2.79 |
| Short % of Float | 1.13% |
| Beta | 0.64 |
| PE Ratio | 8.90 |
| Forward PE | 11.00 |
| P/FCF Ratio | 8.70 |
| PS Ratio | 2.95 |
| PB Ratio | 1.10 |
| Revenue | 200.09M |
| Operating Income | 85.53M |
| Net Income | 67.15M |
| Free Cash Flow | 67.79M |
| Net Cash | -880.16M |
| Net Cash / Share | -50.99 |
| Gross Margin | 97.05% |
| Operating Margin | 42.75% |
| Profit Margin | 33.60% |
| FCF Margin | 33.88% |
| ROA | 1.21% |
| ROE | 13.03% |
| ROIC | 1.30% |
Analyst Summary
Analyst Consensus: Overweight
Financial Performance
Financial Overview
| Year | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 199 | 193 | 182 | 170 | 161 | 157 | 151 | 153 | 133 | 120 |
| Revenue Growth | 3.14% | 6.12% | 6.93% | 5.39% | 2.94% | 3.44% | -1.14% | 15.18% | 11.16% | - |
| Gross Profit | 199 | 193 | 182 | 170 | 161 | 157 | 151 | 153 | 133 | 120 |
| Operating Income | 88.18 | 86.51 | 77.00 | 68.39 | 64.38 | 66.12 | 53.81 | 54.78 | 43.34 | 35.11 |
| Net Income | 68.98 | 68.29 | 45.82 | 46.38 | 43.47 | 40.82 | 36.15 | 35.07 | 29.72 | 24.05 |
| Shares Outstanding | 17.33 | 17.27 | 17.21 | 17.08 | 16.88 | 16.69 | 16.51 | 16.36 | 16.25 | 16.11 |
| Earnings Per Share | 3.96 | 3.93 | 2.64 | 2.70 | 2.54 | 2.41 | 2.16 | 2.13 | 1.82 | 1.49 |
| EPS Growth | 0.76% | 48.86% | -2.22% | 6.3% | 5.39% | 11.57% | 1.41% | 17.03% | 22.15% | - |
| Dividend Per Share | 2.00 | 1.29 | 1.54 | 1.46 | 1.36 | 1.22 | 1.03 | 0.94 | 0.88 | 0.84 |
| Dividend Growth | 55.04% | -16.23% | 5.48% | 7.35% | 11.48% | 18.45% | 9.57% | 6.82% | 4.76% | - |
| Operating Cash Flow | 73.44 | 82.88 | 59.39 | 59.75 | 52.26 | 2.65 | 79.82 | 5.47 | 37.20 | 30.44 |
| Capital Expenditures | -2.92 | -3.97 | -2.78 | -3.11 | -5.48 | -5.23 | -1.49 | -3.54 | -2.37 | -1.68 |
| Free Cash Flow | 70.52 | 78.90 | 56.61 | 56.64 | 46.78 | -2.58 | 78.33 | 1.93 | 34.83 | 28.76 |
| Cash & Equivalents | 132 | 89.92 | 79.85 | 106 | 93.22 | 76.39 | 81.94 | 73.47 | 82.24 | 85.97 |
| Total Debt | 1,193 | 973 | 814 | 872 | 402 | 429 | 311 | 395 | 593 | 555 |
| Net Cash / Debt | -1,061 | -883 | -734 | -765 | -308 | -353 | -229 | -322 | -511 | -469 |
| Assets | 5,293 | 5,011 | 4,530 | 4,381 | 3,772 | 3,587 | 3,189 | 3,072 | 3,064 | 2,910 |
| Liabilities | 4,789 | 4,563 | 4,117 | 3,990 | 3,396 | 3,241 | 2,859 | 2,776 | 2,783 | 2,641 |
| Book Value | 503 | 448 | 413 | 391 | 375 | 346 | 330 | 296 | 281 | 269 |
Company Profile
Company Details
| Full Name | Washington Trust Bancorp, Inc. |
| Country | United States |
| Employees | 598 |
| CEO | Edward O. Handy |
Stock Information
| Ticker Symbol | WASH |
| Stock Exchange | NASDAQ |
| Sector | Financial Services |
| Industry | Banks—Regional |
| Unique Identifier | NASDAQ: WASH |
Description
Washington Trust Bancorp operates as the bank holding company for The Washington Trust Company, of Westerly that offers various financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans consists 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 offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits, as well as debit card, automated teller machines, telephone, internet, mobile banking, remote deposit capture, and other cash management services. The Wealth Management Services segment provides 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. This segment serves personal and institutional clients. The company also operates as a licensed broker-dealer that offers variable annuities and college savings plans. As of December 31, 2019, it had 10 branch offices located in southern Rhode Island; 12 branch offices located in the greater Providence area in Rhode Island; and one branch office located in southeastern Connecticut. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.