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WASH Overview

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$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
$
0.000
0.000(0.000%)
At close
0.000(0.000%)Aft-market
ET
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Intellectia

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High
32.340
Open
32.340
VWAP
32.01
Vol
35.77K
Mkt Cap
452.11M
Low
31.830
Amount
1.15M
EV/EBITDA(TTM)
--
Total Shares
--
EV
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.
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Events Timeline

(ET)
2026-04-20
19:40:00
Oil Prices Surge to $90 per Barrel Amid Strait of Hormuz Tensions
select
2026-04-20
16:10:00
Washington Trust Q1 Net Interest Income Down $223K
select
2026-01-28 (ET)
2026-01-28
16:20:00
Washington Trust Reports Continued Earnings Growth in Q4
select

News

PRnewswire
5.0
05-01PRnewswire
Washington Trust Welcomes Two New Executives to Commercial Banking Team
  • Executive Appointments: Washington Trust has appointed Daniel Hagerty as Vice President of Commercial Banking, focusing on tailored financing solutions for commercial and industrial clients, bringing over 35 years of banking experience, including managing complex loan portfolios at a Massachusetts bank, showcasing strong market leadership.
  • Support for Small Businesses: Thomas Quinlan has also been appointed as Vice President of Commercial Banking, concentrating on providing lending, deposit, and cash management solutions for small and mid-sized businesses, with over two decades of experience in commercial banking, emphasizing assistance in navigating financing needs for long-term success.
  • Strengthening the Team: Jim Brown, Senior Executive Vice President at Washington Trust, stated that the addition of Hagerty and Quinlan will enhance the commercial banking team's capabilities, as their industry knowledge and commitment to exceptional client service will support the growth and financing needs of businesses in the region.
  • Historic Bank: Founded in 1800, Washington Trust is recognized as the oldest community bank in the U.S., celebrating its 225th anniversary in 2025, dedicated to improving the financial lives of people and businesses in New England, offering a full range of commercial banking and wealth management services.
Newsfilter
5.0
05-01Newsfilter
Washington Trust Welcomes Two Seasoned Commercial Bankers
  • Team Expansion: Washington Trust recently welcomed two seasoned commercial bankers, Daniel Hagerty and Thomas Quinlan, as vice presidents of commercial banking, focusing on providing tailored financing solutions for businesses in the region, thereby enhancing the company's commercial banking team.
  • Rich Experience: Hagerty brings over 35 years of banking experience, having managed complex loan portfolios at a Massachusetts-based bank, focusing on commercial and industrial loans, showcasing strong market leadership and credit quality maintenance capabilities.
  • Support for Small Businesses: Quinlan has over 20 years of experience in commercial banking, focusing on providing lending, deposit, and cash management solutions for small and mid-sized businesses, emphasizing the importance of helping businesses navigate financing needs to achieve long-term success.
  • Commitment to Client Service: Jim Brown, senior executive vice president at Washington Trust, stated that the industry knowledge and commitment to exceptional client service from the new members will provide crucial support for the company's efforts to meet the growth and financing needs of businesses in the region.
PRnewswire
7.0
05-01PRnewswire
Washington Trust Under Investigation Amid Stock Price Plunge
  • Poor Financial Performance: Washington Trust's Q1 2026 financial results revealed earnings per share and revenue that fell short of consensus estimates, primarily due to a sharp increase in non-accrual commercial loans, undermining investor confidence.
  • Stock Price Plunge: Following the earnings report, Washington Trust's stock price dropped by $6.10, or 16.9%, closing at $30.00 per share on April 21, 2026, reflecting market concerns about the company's future performance.
  • Securities Fraud Investigation: Pomerantz LLP is investigating whether Washington Trust and its executives engaged in securities fraud or other unlawful business practices, advising investors to contact them for information on joining the class action.
  • Law Firm Background: Pomerantz LLP is a prominent law firm specializing in corporate, securities, and antitrust class litigation, founded over 85 years ago, and has a history of recovering multimillion-dollar damages for victims of securities fraud and corporate misconduct.
CNBC
8.0
04-23CNBC
Debate Over Wealth Tax Policies Intensifies
  • Tax Policy Changes: In 2022, Massachusetts voters approved a 4% tax on annual income above $1 million, while Washington enacted a 9.9% millionaire tax in late March, aiming to increase revenue from high earners, although experts warn of potential future revenue issues.
  • Public Support Survey: According to a Pew Research Center survey, about 60% of U.S. adults believe the wealthy do not pay their fair share of federal income taxes, indicating a significant rise in public support for taxing the rich, particularly among Democrats and independents in the current political climate.
  • Diverging Policies: Since 2021, over 20 states have reduced top marginal tax rates, while a few states have raised them, reflecting differing fiscal priorities and strategies for economic growth, which may lead to instability in tax revenue.
  • Challenges of Wealth Taxation: Despite widespread support for higher taxes on the ultra-rich, federal proposals are unlikely to advance due to Republican control of Congress and the White House, with policy analysts noting that wealth taxes may not provide a stable revenue source due to the volatility of high earners' incomes.
seekingalpha
9.5
04-21seekingalpha
Washington Trust Bancorp Q1 2026 Earnings Call Insights
  • Net Interest Income Growth: Washington Trust reported net interest income of $40.5 million in Q1, with a net interest margin of 2.63%, up 7 basis points from the previous quarter, indicating ongoing potential for revenue growth despite credit risks.
  • Loan Growth Outlook: CEO Handy reaffirmed a mid-single-digit loan growth target for the year, expecting over $50 million in fundings from core commercial and institutional banking despite Q1 payoffs, reflecting confidence in future growth.
  • Increased Credit Loss Reserves: CFO Ohsberg noted a $4 million provision for credit losses in Q1 due to two commercial real estate loans moving to nonaccrual, highlighting the company's cautious stance on credit quality, particularly in the office sector.
  • Digital Banking Transformation: The company completed a digital banking conversion for personal accounts and plans to continue the conversion for business accounts in the coming quarters, demonstrating strategic decisions aimed at enhancing customer experience and competitiveness.
seekingalpha
9.5
04-20seekingalpha
Washington Trust Bancorp Q1 Earnings Miss Expectations
  • Earnings Shortfall: Washington Trust Bancorp reported a Q1 non-GAAP EPS of $0.66, missing expectations by $0.10, indicating pressure on profitability that could undermine investor confidence.
  • Revenue Decline: The company generated $57.83 million in revenue for Q1, a 2.1% year-over-year decrease that fell short of expectations, reflecting challenges from intensified market competition and weak customer demand.
  • Loan and Deposit Trends: Loan balances decreased by 2% from both December 31, 2025, and March 31, 2025, while in-market deposits fell by 2% from December 31, 2025, but rose by 3% from March 31, 2025, highlighting complexities in liquidity management.
  • Strong Capital Ratios: As of March 31, 2026, the total risk-based capital ratio stood at 13.38%, indicating robust capital structure despite profitability pressures, showcasing the company's resilience in risk management.
Wall Street analysts forecast WASH stock price to rise
3 Analyst Rating
Wall Street analysts forecast WASH stock price to rise
1 Buy
2 Hold
0 Sell
Moderate Buy
Current: 0.000
sliders
Low
28.00
Averages
31.67
High
36.00
Current: 0.000
sliders
Low
28.00
Averages
31.67
High
36.00
BofA
Neutral
downgrade
$34 -> $31
AI Analysis
2026-05-04
Reason
BofA
Price Target
$34 -> $31
AI Analysis
2026-05-04
downgrade
Neutral
Reason
BofA lowered the firm's price target on Washington Trust to $31 from $34 and keeps a Neutral rating on the shares. Most mid-cap banks maintained 2026 NII/NIM guidance while removing rate cuts from underlying assumptions, underscoring the sensitivity to the flattening yield curve, the analyst tells investors in a research note. The firm added that it still sees downward revision risk to NII from stickier-than-anticipated deposit costs.
Seaport Research
Buy
to
Buy
downgrade
$40 -> $36
2026-04-22
Reason
Seaport Research
Price Target
$40 -> $36
2026-04-22
downgrade
Buy
to
Buy
Reason
Seaport Research lowered the firm's price target on Washington Trust to $36 from $40 and keeps a Buy rating on the shares.
Unlock Full Analyst Thesis, Get the complete breakdown of rating reason for WASH
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Valuation Metrics

The current forward P/E ratio for Washington Trust Bancorp Inc (WASH.O) is 11.81, compared to its 5-year average forward P/E of 12.87. 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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PE
12.87
Current PE
11.81
Overvalued PE
14.57
Undervalued PE
11.17

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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
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.
StronglyUndervaluedUndervaluedFairOvervaluedStronglyOvervalueddotted line Image
5Y Average PS
3.22
Current PS
2.99
Overvalued PS
4.01
Undervalued PS
2.43

Financials

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Frequently Asked Questions

What is Washington Trust Bancorp Inc (WASH) stock price today?

The current price of WASH is 31.85 USD — it has decreased -1.48

What is Washington Trust Bancorp Inc (WASH)'s business?

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.

What is the price predicton of WASH Stock?

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 is31.67 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.

What is Washington Trust Bancorp Inc (WASH)'s revenue for the last quarter?

Washington Trust Bancorp Inc revenue for the last quarter amounts to 50.97M USD, increased 11.72

What is Washington Trust Bancorp Inc (WASH)'s earnings per share (EPS) for the last quarter?

Washington Trust Bancorp Inc. EPS for the last quarter amounts to 0.63 USD, decreased -1.56

How many employees does Washington Trust Bancorp Inc (WASH). have?

Washington Trust Bancorp Inc (WASH) has 618 emplpoyees as of May 11 2026.

What is Washington Trust Bancorp Inc (WASH) market cap?

Today WASH has the market capitalization of 452.11M USD.