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WA

Washington Trust Bancorp, Inc.

WASHFinancial ServicesNASDAQ

Banks - Regional

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Financials · Annual
Revenue
$222.1M
+127.6% YoY
Net Income
$52.2M
+286.2% YoY

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About Washington Trust Bancorp, Inc.

Headquartered within the financial services sector, Washington Trust Bancorp, Inc. focuses on Banks - Regional services and products. Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The $625.2M market capitalization puts WASH squarely in small-cap range for its industry. The company operates in two segments, Banking and Wealth Management Services.

Key stats
Market Cap$625.2M
P/E (TTM)11.97
Fwd P/E9.59
EPS$2.74
Beta0.73
52W Change+20.6%
Dividend Yield6.84%
ROE9.9%
Analysis

The company holds $130.7M in cash, though total debt stands at $666.8M. This level of leverage is common in the industry but worth monitoring as interest rate conditions evolve. Return on equity stands at 9.9%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. ROA of 0.8% is on the lower side, which is common in asset-heavy industries. Revenue has been relatively flat, moving from $218.6M (2022) to $222.1M (2025).

Debt significantly exceeds cash reserves, which means the company's financial flexibility could be constrained during economic downturns. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Washington Trust Bancorp, Inc. and its sector.

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