Washington Trust Bancorp, Inc. (WASH)

Washington Trust Bancorp Statistics

Total Valuation

WASH has a market cap or net worth of $590.36 million. The enterprise value is $1.73 billion.

Market Cap	590.36M
Enterprise Value	1.73B

Important Dates

The next estimated earnings date is Wednesday, January 22, 2025, after market close.

Earnings Date	Jan 22, 2025
Ex-Dividend Date	Oct 1, 2024

Share Statistics

WASH has 18.98 million shares outstanding. The number of shares has decreased by -0.21% in one year.

Current Share Class	18.98M
Shares Outstanding	18.98M
Shares Change (YoY)	-0.21%
Shares Change (QoQ)	+0.18%
Owned by Insiders (%)	1.84%
Owned by Institutions (%)	62.80%
Float	18.63M

Valuation Ratios

The trailing PE ratio is 11.65 and the forward PE ratio is 12.11.

PE Ratio	11.65
Forward PE	12.11
PS Ratio	2.81
Forward PS	4.39
PB Ratio	1.06
P/TBV Ratio	1.36
P/FCF Ratio	12.99
P/OCF Ratio	11.69
PEG Ratio	n/a

Enterprise Valuation

EV / Earnings	37.97
EV / Sales	9.18
EV / EBITDA	n/a
EV / EBIT	n/a
EV / FCF	38.15

Financial Position

Current Ratio	n/a
Quick Ratio	n/a
Debt / Equity	n/a
Debt / EBITDA	n/a
Debt / FCF	30.61
Interest Coverage	n/a

Financial Efficiency

Return on equity (ROE) is 9.79%.

Return on Equity (ROE)	9.79%
Return on Assets (ROA)	0.64%
Return on Capital (ROIC)	n/a
Revenue Per Employee	$284,161
Profits Per Employee	$68,666
Employee Count	665
Asset Turnover	n/a
Inventory Turnover	n/a

Taxes

In the past 12 months, WASH has paid $7.92 million in taxes.

Income Tax	7.92M
Effective Tax Rate	14.78%

Stock Price Statistics

The stock price has decreased by -3.92% in the last 52 weeks. The beta is 0.81, so WASH's price volatility has been lower than the market average.

Beta (5Y)	0.81
52-Week Price Change	-3.92%
50-Day Moving Average	35.52
200-Day Moving Average	30.20
Relative Strength Index (RSI)	30.80
Average Volume (20 Days)	265,806

Short Selling Information

The latest short interest is 980,665, so 5.17% of the outstanding shares have been sold short.

Short Interest	980,665
Short Previous Month	924,442
Short % of Shares Out	5.17%
Short % of Float	5.26%
Short Ratio (days to cover)	5.67

Income Statement

In the last 12 months, WASH had revenue of $188.97 million and earned $45.66 million in profits. Earnings per share was $2.67.

Revenue	188.97M
Gross Profit	188.97M
Operating Income	59.92M
Pretax Income	53.80M
Net Income	45.66M
EBITDA	n/a
EBIT	n/a
Earnings Per Share (EPS)	$2.67

Balance Sheet

The company has $247.79 million in cash and $1.39 billion in debt, giving a net cash position of -$1.14 billion or -$60.27 per share.

Cash & Cash Equivalents	247.79M
Total Debt	1.39B
Net Cash	-1.14B
Net Cash Per Share	-$60.27
Equity (Book Value)	502.23M
Book Value Per Share	29.44
Working Capital	-5.39B

Cash Flow

In the last 12 months, operating cash flow was $50.50 million and capital expenditures -$5.04 million, giving a free cash flow of $45.46 million.

Operating Cash Flow	50.50M
Capital Expenditures	-5.04M
Free Cash Flow	45.46M
FCF Per Share	$2.40

Margins

Gross Margin	n/a
Operating Margin	31.71%
Pretax Margin	28.37%
Profit Margin	24.17%
EBITDA Margin	n/a
EBIT Margin	n/a
FCF Margin	24.05%

Dividends & Yields

This stock pays an annual dividend of $2.24, which amounts to a dividend yield of 7.20%.

Dividend Per Share	$2.24
Dividend Yield	7.20%
Dividend Growth (YoY)	n/a
Years of Dividend Growth	13
Payout Ratio	83.90%
Buyback Yield	0.21%
Shareholder Yield	7.41%
Earnings Yield	7.73%
FCF Yield	7.70%

Analyst Forecast

The average price target for WASH is $34.00, which is 9.29% higher than the current price. The consensus rating is "Hold".

Price Target	$34.00
Price Target Difference	9.29%
Analyst Consensus	Hold
Analyst Count	2
Revenue Growth Forecast (5Y)	n/a
EPS Growth Forecast (5Y)	n/a

Stock Splits

The last stock split was on August 4, 1998. It was a forward split with a ratio of 1.5:1.

Last Split Date	Aug 4, 1998
Split Type	Forward
Split Ratio	1.5:1

Scores

Altman Z-Score	n/a
Piotroski F-Score	4