WASH Washington Trust Bancorp Inc

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

Price (delayed)

$32.59

Market cap

$555.8M

P/E Ratio

12.03

Dividend/share

$2.24

EPS

$2.71

Enterprise value

$1.75B

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
Washington Trust Bancorp's debt has increased by 33% YoY and by 4% QoQ
Washington Trust Bancorp's net income has decreased by 32% YoY and by 3.9% QoQ
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
17.05M
Market cap
$555.8M
Enterprise value
$1.75B
Valuations
Price to earnings (P/E)
12.03
Price to book (P/B)
1.19
Price to sales (P/S)
2.95
EV/EBIT
32.33
EV/EBITDA
29.66
EV/Sales
9.27
Earnings
Revenue
$188.49M
EBIT
$54.07M
EBITDA
$58.94M
Free cash flow
$17.93M
Per share
EPS
$2.71
Free cash flow per share
$1.05
Book value per share
$27.41
Revenue per share
$11.07
TBVPS
$421.64
Balance sheet
Total assets
$7.25B
Total liabilities
$6.78B
Debt
$1.29B
Equity
$466.92M
Working capital
N/A
Liquidity
Debt to equity
2.77
Current ratio
N/A
Quick ratio
N/A
Net debt/EBITDA
20.23
Margins
EBITDA margin
31.3%
Gross margin
100%
Net margin
24.5%
Operating margin
28.7%
Efficiency
Return on assets
0.6%
Return on equity
10.1%
Return on invested capital
0.7%
Return on capital employed
N/A
Return on sales
28.7%
Dividend
Dividend yield
6.87%
DPS
$2.24
Payout ratio
82.7%

WASH stock price

How has the Washington Trust Bancorp stock price performed over time
Intraday
0.37%
1 week
5.23%
1 month
25.68%
1 year
3.33%
YTD
0.65%
QTD
18.9%

Financial performance

How have Washington Trust Bancorp's revenue and profit performed over time
Revenue
$188.49M
Gross profit
$188.49M
Operating income
$54.13M
Net income
$46.23M
Gross margin
100%
Net margin
24.5%
The company's operating income fell by 37% YoY and by 4.2% QoQ
Washington Trust Bancorp's net income has decreased by 32% YoY and by 3.9% QoQ
WASH's operating margin is down by 28% YoY and by 3.4% QoQ
Washington Trust Bancorp's net margin has decreased by 21% YoY and by 3.2% 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
12.03
P/B
1.19
P/S
2.95
EV/EBIT
32.33
EV/EBITDA
29.66
EV/Sales
9.27
WASH's EPS is down by 31% year-on-year and by 3.9% since the previous quarter
The P/E is 26% above the last 4 quarters average of 9.5 and 12% above the 5-year quarterly average of 10.7
WASH's P/B is 21% below its 5-year quarterly average of 1.5 but 18% above its last 4 quarters average of 1.0
The price to sales (P/S) is 22% higher than the last 4 quarters average of 2.4 but 14% lower than the 5-year quarterly average of 3.4
Washington Trust Bancorp's revenue has decreased by 13% YoY

Efficiency

How efficient is Washington Trust Bancorp business performance
WASH's ROIC is down by 42% YoY
Washington Trust Bancorp's ROA has decreased by 40% YoY and by 14% from the previous quarter
WASH's return on equity is down by 32% year-on-year and by 3.8% since the previous quarter
WASH's return on sales is down by 28% year-on-year and by 3.4% since the previous quarter

Dividends

What is WASH's dividend history
Dividend details
DPS
$2.24
Dividend yield
6.87%
Payout ratio
82.7%
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 6% year-on-year
WASH's total liabilities is up by 6% YoY
Washington Trust Bancorp's debt is 177% higher than its equity
Washington Trust Bancorp's debt has increased by 33% YoY and by 4% QoQ
Washington Trust Bancorp's debt to equity has increased by 32% YoY and by 5% QoQ

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