WASH Washington Trust Bancorp Inc

  1. Stocks
  2. Financial Services
  3. NASDAQ: WASH

Price (delayed)

$25.99

Market cap

$442.69M

P/E Ratio

9.22

Dividend/share

$2.24

EPS

$2.82

Enterprise value

$1.6B

Washington Trust Bancorp, Inc., the parent of The Washington Trust Company, had $5.7 billion in assets as of December 31, 2020. Founded in 1800, Washington Trust is the oldest community ...

Highlights
The company's equity rose by 10% QoQ and by 4.2% YoY
The P/E is 14% below the 5-year quarterly average of 10.9 but 2.1% above the last 4 quarters average of 9.2
Washington Trust Bancorp's net income has decreased by 33% YoY and by 7% QoQ
WASH's EPS is down by 32% year-on-year and by 7% since the previous quarter
Sector: Financial Services
Industry: Banks - Regional
Website: http://www.washtrust.com
Peers: INDB WBS UNB EBTC

Key stats

What are the main financial stats of WASH
Market
Shares outstanding
17.03M
Market cap
$442.69M
Enterprise value
$1.6B
Valuations
Price to earnings (P/E)
9.22
Price to book (P/B)
0.94
Price to sales (P/S)
2.33
EV/EBIT
28.38
EV/EBITDA
26.13
EV/Sales
8.42
Earnings
Revenue
$190.04M
EBIT
$56.4M
EBITDA
$61.24M
Free cash flow
$26.56M
Per share
EPS
$2.82
Free cash flow per share
$1.56
Book value per share
$27.75
Revenue per share
$11.16
TBVPS
$418.91
Balance sheet
Total assets
$7.2B
Total liabilities
$6.73B
Debt
$1.24B
Equity
$472.69M
Working capital
N/A
Liquidity
Debt to equity
2.63
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
18.91
Margins
EBITDA margin
32.2%
Gross margin
100%
Net margin
25.3%
Operating margin
29.7%
Efficiency
Return on assets
0.7%
Return on equity
10.5%
Return on invested capital
0.7%
Return on capital employed
N/A
Return on sales
29.7%
Dividend
Dividend yield
8.62%
DPS
$2.24
Payout ratio
79.4%

WASH stock price

How has the Washington Trust Bancorp stock price performed over time
Intraday
-1.81%
1 week
5.48%
1 month
-1.78%
1 year
-9.38%
YTD
-19.73%
QTD
-3.31%

Financial performance

How have Washington Trust Bancorp's revenue and profit performed over time
Revenue
$190.04M
Gross profit
$190.04M
Operating income
$56.48M
Net income
$48.09M
Gross margin
100%
Net margin
25.3%
The company's operating income fell by 38% YoY and by 13% QoQ
Washington Trust Bancorp's net income has decreased by 33% YoY and by 7% QoQ
WASH's operating margin is down by 28% YoY and by 9% QoQ
Washington Trust Bancorp's net margin has decreased by 22% YoY and by 2.3% QoQ

Growth

What is Washington Trust Bancorp's growth rate over time

Valuation

What is Washington Trust Bancorp stock price valuation
WASH P/E details
P/E
9.22
P/B
0.94
P/S
2.33
EV/EBIT
28.38
EV/EBITDA
26.13
EV/Sales
8.42
WASH's EPS is down by 32% year-on-year and by 7% since the previous quarter
The P/E is 14% below the 5-year quarterly average of 10.9 but 2.1% above the last 4 quarters average of 9.2
WASH's P/B is 37% below its 5-year quarterly average of 1.5 and 14% below its last 4 quarters average of 1.1
The company's equity rose by 10% QoQ and by 4.2% YoY
The price to sales (P/S) is 32% lower than the 5-year quarterly average of 3.5 and 5% lower than the last 4 quarters average of 2.5
Washington Trust Bancorp's revenue has decreased by 14% YoY and by 4.8% QoQ

Efficiency

How efficient is Washington Trust Bancorp business performance
WASH's ROIC has plunged by 50% YoY and by 13% from the previous quarter
Washington Trust Bancorp's ROA has decreased by 36% YoY
WASH's return on equity is down by 31% year-on-year and by 8% since the previous quarter
WASH's return on sales is down by 28% year-on-year and by 9% since the previous quarter

Dividends

What is WASH's dividend history
Dividend details
DPS
$2.24
Dividend yield
8.62%
Payout ratio
79.4%
Recent dividends

Financial health

How did Washington Trust Bancorp financials performed over time
WASH's total assets is 7% greater than its total liabilities
WASH's total assets is up by 8% year-on-year
WASH's total liabilities is up by 8% YoY
Washington Trust Bancorp's debt is 163% higher than its equity
Washington Trust Bancorp's debt has increased by 21% YoY and by 6% QoQ
Washington Trust Bancorp's debt to equity has increased by 15% YoY but it has decreased by 3.3% QoQ

All financial data is based on trailing twelve months (TTM) periods - updated quarterly, unless otherwise specified.