WASH

Washington Trust Bancorp Inc

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Advanced Chart

27.560

-0.16(-0.577%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

27.880

Open

27.720

VWAP

27.61

Vol

168.05K

Mkt Cap

452.11M

Low

27.300

Amount

4.64M

EV/EBITDA(TTM)

Total Shares

17.05M

1.27B

EV/OCF(TTM)

P/S(TTM)

4.84

Washington Trust Bancorp, Inc. is a holding company of The Washington Trust Company (the Bank). The Bank is a state-chartered bank and financial services company. The Company operates through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities; mortgage banking activities, deposit generation, cash management activities, banking activities, including customer support and the operation of automated teller machines (ATMs), telephone banking, Internet banking and mobile banking services; as well as investment portfolio and wholesale funding activities. The Wealth Management Services segment includes investment management, holistic financial planning services, personal trust and estate services, including services as trustee, personal representative and custodian; settlement of decedents’ estates, and institutional trust services, including custody and fiduciary services.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2025Q4

FY2025Q3

FY2025Q2

57.11M

+16.04%

0.730

+23.73%

56.69M

+16.8%

0.720

+12.5%

54.65M

+13.28%

0.670

+6.35%

Estimates Revision

The market is revising No Change the revenue expectations for Washington Trust Bancorp, Inc. (WASH) for FY2025, with the revenue forecasts being adjusted by 0% over the past three months. During the same period, the stock price has changed by -0.97%.

Revenue Estimates for FY2025

No Change

0.00%

In Past 3 Month

EPS Estimates for FY2025

Revise Downward

-1.71%

In Past 3 Month

Stock Price

Go Down

-0.97%

In Past 3 Month

3 Analyst Rating

14.91% Upside

Wall Street analysts forecast WASH stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for WASH is 31.67 USD with a low forecast of 28.00 USD and a high forecast of 36.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.

1 Buy

2 Hold

0 Sell

Moderate Buy

14.91% Upside

Current: 27.560

Low

28.00

Averages

31.67

High

36.00

14.91% Upside

Current: 27.560

Low

28.00

Averages

31.67

High

36.00

Piper Sandler

Neutral -> Underweight

downgrade

$29 -> $28

2025-07-22

New

Reason

Piper Sandler

Price Target

$29 -> $28

2025-07-22

New

downgrade

Neutral -> Underweight

Reason

Piper Sandler downgraded Washington Trust to Underweight from Neutral with a price target of $28, down from $29.

Piper Sandler

Mark Fitzgibbon

Neutral -> Underweight

downgrade

$29 -> $28

2025-07-22

New

Reason

Piper Sandler

Mark Fitzgibbon

Price Target

$29 -> $28

2025-07-22

New

downgrade

Neutral -> Underweight

Reason

As previously reported, Piper Sandler analyst Mark Fitzgibbon downgraded Washington Trust to Underweight from Neutral with a price target of $28, down from $29. The firm sees the valuation as unattractive, and notes the company made clear on its earnings call that it doesn't intend to support the stock with share repurchases. Washington Trust's earnings stream can be a bit more volatile owing to the rate sensitive nature of its mortgage banking revenues, Piper adds. Lastly, the firm points out that with a dividend payout ratio that is well above peers, capital generation is likely to be slower and limit growth somewhat in the future.

BofA

Neutral

initiated

$28

2025-05-28

Reason

BofA

Price Target

$28

2025-05-28

initiated

Neutral

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Hold

Maintains

$34 → $31

2025-04-22

Reason

Keefe, Bruyette & Woods

Damon Delmonte

Price Target

$34 → $31

2025-04-22

Maintains

Hold

Reason

Keefe Bruyette lowered the firm's price target on Washington Trust to $31 from $34 and keeps a Market Perform rating on the shares.

Seaport Global

Laurie Havener Hunsicker

Hold

Strong Buy

Upgrades

$36

2025-03-14

Reason

Seaport Global

Laurie Havener Hunsicker

Price Target

$36

2025-03-14

Upgrades

Hold

Strong Buy

Reason

Virtual Meeting to be held on March 13 hosted by Seaport Research.

Piper Sandler

Mark Fitzgibbon

Sell

Hold

Upgrades

$30 → $34

2024-10-22

Reason

Piper Sandler

Mark Fitzgibbon

Price Target

$30 → $34

2024-10-22

Upgrades

Sell

Hold

Reason

See All Ratings

Valuation Metrics

The current forward P/E ratio for Washington Trust Bancorp Inc (WASH.O) is 10.25, compared to its 5-year average forward P/E of 12.58. For a more detailed relative valuation and DCF analysis to assess Washington Trust Bancorp Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

Undervalued

5Y Average PE

12.58

Current PE

10.25

Overvalued PE

14.35

Undervalued PE

10.81

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

N/A

5Y Average EV/EBITDA

0.00

Current EV/EBITDA

0.00

Overvalued EV/EBITDA

0.00

Undervalued EV/EBITDA

0.00

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

3.24

Current PS

2.40

Overvalued PS

4.00

Undervalued PS

2.48