Washington Trust Bancorp, Inc. (WASH)
| Market Cap | 760.94M |
| Revenue (ttm) | 226.43M |
| Net Income (ttm) | 75.07M |
| Shares Out | 17.18M |
| EPS (ttm) | 4.31 |
| PE Ratio | 10.28 |
| Forward PE | 11.96 |
| Dividend | $2.18 (4.92%) |
| Ex-Dividend Date | Sep 30, 2022 |
| Volume | 128,854 |
| Open | 44.00 |
| Previous Close | 44.16 |
| Day's Range | 43.99 - 44.55 |
| 52-Week Range | 41.03 - 57.94 |
| Beta | 0.80 |
| Analysts | Sell |
| Price Target | 54.32 (+22.65%) |
| Earnings Date | Jan 26, 2023 |
About WASH
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. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment provides various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages and construction loans; commercial and industrial loans; residential real estate loans that consist of mortg... [Read more]
Financial Performance
In 2021, WASH's revenue was $233.65 million, an increase of 8.91% compared to the previous year's $214.54 million. Earnings were $76.65 million, an increase of 10.00%.
Financial StatementsAnalyst Forecast
According to 9 analysts, the average rating for WASH stock is "Sell." The 12-month stock price forecast is $54.32, which is an increase of 22.65% from the latest price.
News
Washington Trust Bancorp, Inc. Announces Virtual Annual Shareholders Meeting
WESTERLY, R.I. , Feb. 2, 2023 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the bank holding company for The Washington Trust Company, today announced that its 2023 Annual Meeting of...
Washington Trust Announces Funding Support for Northeast's Renewable Energy Projects
Rhode Island community bank awards loan to WindServe Marine for offshore wind development along Eastern Seaboard WESTERLY, R.I. , Feb. 1, 2023 /PRNewswire/ -- The Washington Trust Company, the natio...
Why Washington Trust Bancorp (WASH) is a Top Dividend Stock for Your Portfolio
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Washington Trust Bancorp (WASH) have what it takes?
Washington Trust Bancorp (WASH) Misses Q4 Earnings and Revenue Estimates
Washington Trust (WASH) delivered earnings and revenue surprises of -15.93% and 6.72%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Washington Trust Reports Fourth Quarter and Full-Year 2022 Earnings
WESTERLY, R.I. , Jan. 25, 2023 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced fourth quarter 2022 net income of $16.6 mi...
Washington Trust Announces Date of Fourth Quarter 2022 Earnings Release, Conference Call and Webcast
WESTERLY, R.I. , Jan. 12, 2023 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release fourth quarter 2022 earni...
Washington Trust Bancorp, Inc. Announces Mark K.W. Gim's 2023 Retirement
Mary E. Noons to Become First Female President and COO in Corporation's 222 Year History WESTERLY, R.I. , Dec. 15, 2022 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc. (NASDAQ...
Washington Trust Bancorp, Inc. Increases Quarterly Dividend
WESTERLY, R.I. , Dec. 15, 2022 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 56 cents per share for the quarter endin...
Washington Trust Bancorp, Inc. Announces 2023 Stock Repurchase Program
WESTERLY, R.I. , Dec. 12, 2022 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH) today announced that the Corporation's Board of Directors adopted a stock repurchase program ("2023 Stock R...
Washington Trust Expands Connecticut Presence with New Office and Experienced Team in New Haven
NEW HAVEN, Conn. , Nov. 21, 2022 /PRNewswire/ -- The Washington Trust Company, one of the Northeast's premier financial service companies since 1800, announced today the expansion of its Connecticut p...
American Banker Names Washington Trust Best Bank to Work For
WESTERLY, R.I. , Nov. 17, 2022 /PRNewswire/ -- The Washington Trust Company was recently named one of the nation's Best Banks to Work For by American Banker magazine as part of its annual list organ...
Washington Trust Shred Days Recycle 36 Tons
Bank Event Provides Data Security and Environmentally Safe Solution WESTERLY, R.I. , Nov. 10, 2022 /PRNewswire/ -- The Washington Trust Company hosted 12 Community Shred Days in 2022, which resulted i...
Washington Trust Bancorp (WASH) Q3 Earnings and Revenues Top Estimates
Washington Trust (WASH) delivered earnings and revenue surprises of 3.85% and 5.56%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Washington Trust Reports Third Quarter 2022 Earnings
WESTERLY, R.I. , Oct. 24, 2022 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced third quarter 2022 net income of $18.7 mil...
Washington Trust Announces Date of Third Quarter 2022 Earnings Release, Conference Call and Webcast
WESTERLY, R.I. , Oct. 13, 2022 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release third quarter 2022 earnin...
Washington Trust Announces RI Branch Expansion
Bank Files Applications with Intent to Open Three Branches in 2023 WESTERLY, R.I. , Oct. 5, 2022 /PRNewswire/ -- The Washington Trust Company has recently submitted applications to establish branch of...
Washington Trust Bancorp, Inc. Announces Quarterly Dividend
WESTERLY, R.I. , Sept. 15, 2022 /PRNewswire/ -- The Board of Directors of Washington Trust Bancorp, Inc., (NASDAQ: WASH), today declared a quarterly dividend of 54 cents per share for the quarter endi...
Washington Trust Employees Perform 222 Acts of Kindness in 22 Days In Celebration of Company's 222nd Anniversary
WESTERLY, R.I. , Aug. 22, 2022 /PRNewswire/ -- The Washington Trust Company today announced that its employees, located in offices throughout RI, MA and CT, performed more than 222 Acts of Kindness in...
Washington Trust Opens Cumberland, RI Branch
Expands Northern RI Presence CUMBERLAND, R.I. , Aug. 9, 2022 /PRNewswire/ -- Washington Trust hosted a ribbon-cutting ceremony today to officially open its 25th branch location, located at 1900 Mendon...
Washington Trust Names Crystal Thompson Manager of New Cumberland Branch
CUMBERLAND, R.I. , Aug. 2, 2022 /PRNewswire/ -- The Washington Trust Company announced that Crystal Thompson has been appointed Assistant Vice President and Branch Manager of the Bank's new Cumberland...
Washington Trust (WASH) Upgraded to Strong Buy: Here's What You Should Know
Washington Trust (WASH) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Best Momentum Stocks to Buy for July 28th
NPSNY, WASH, and TRST made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on July 28, 2022.
Washington Trust Bancorp (WASH) Q2 Earnings Surpass Estimates
Washington Trust (WASH) delivered earnings and revenue surprises of 28.09% and 0.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
Washington Trust Reports Second Quarter 2022 Earnings
WESTERLY, R.I. , July 25, 2022 /PRNewswire/ -- Washington Trust Bancorp, Inc. (Nasdaq: WASH), parent company of The Washington Trust Company, today announced second quarter 2022 net income of $20.0 mi...
Washington Trust Announces Date of Second Quarter 2022 Earnings Release, Conference Call and Webcast
WESTERLY, R.I. , July 7, 2022 /PRNewswire/ -- Washington Trust Bancorp, Inc. (NASDAQ: WASH), the publicly owned holding company of The Washington Trust Company, will release second quarter 2022 earnin...