Washington Trust Bancorp, Inc. (WASH) Stock

Washington Trust Bancorp, Inc. (WASH) is a Financials stock trading at $39.74 (as of 2026-08-21), with a market capitalization of $761.10M and a trailing P/E of 14.5. Figures are sourced from first-party U.S. SEC EDGAR filings and market data.

Washington Trust Bancorp, Inc. is a bank holding company for The Washington Trust Company, providing banking and financial services to individuals and businesses through two segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment offers lending, deposit accounts, and related cash management services, while the Wealth Management Services segment provides investment management and financial planning.

Understand Washington Trust Bancorp, Inc.: how it makes money

Washington Trust Bancorp, Inc. runs a community bank that offers commercial and retail lending products (including commercial real estate, construction, commercial and industrial, and residential mortgage and homeowner construction loans) and wealth management services for individuals and businesses.

The profit model is centered on Commercial Banking lending activity and Wealth Management Services, with each segment tied to the types of customers and products the company provides.

Business quality (Solid): Clear segment names (Commercial Banking, Wealth Management Services), but no segment revenue breakdown or operating KPI labels were provided, which limits how precisely investors can track drivers from the supplied facts.

Valuation: At 12× earnings, WASH trades in line with the Banking average (13×). Note: one-time items can distort reported P/E.

Bull case

  • Product mix across lending and wealth management: The company operates two segments, Commercial Banking and Wealth Management Services, offering both lending products and wealth management services to individuals and businesses.
  • Broad loan categories within Commercial Banking: Commercial Banking includes commercial real estate loans (commercial mortgages and construction loans), commercial and industrial loans, and residential real estate loans (mortgage and homeowner construction loans), which can support multiple sources of activity within lending.

Bear case

  • Credit sensitivity tied to construction and commercial real estate lending: Commercial Banking includes construction loans and commercial real estate loans, so borrower stress in these areas can be a risk to loan performance.
  • Exposure to multiple consumer and residential lending types: The lending portfolio includes residential real estate loans, including mortgage and homeowner construction loans, and also includes consumer lending, which can raise sensitivity to downturns affecting households.
Valuation — source: SEC EDGAR (first-party)
Price$39.74
Market Cap$761.10M
P/E Ratio14.5
EV / EBITDA9.3
Price / Book1.39
Price / Sales3.34
Dividend Yield5.7%
FCF Yield11.1%
DCF Value (model)$40.70
DCF Upside vs Price2.4%
Profitability & Growth — source: SEC EDGAR
Revenue (TTM)$229.05M
Net Margin22.8%
Return on Equity9.6%
Revenue Growth (YoY)-2.1%
EPS Growth (YoY)4.8%
FCF Growth (YoY)77.3%
Valuation vs Sector & Industry
Stock P/E14.5
Sector P/E (Financials)15.1
Industry P/E (Banking)13.0
vs Sector-4.3%
vs Industry11.4%
Smart-Money Activity — SEC Form 4 / 13F / Congressional disclosures
Top Institutional HolderBlackRock, Inc. ($82.17M)
Institutional Holders Tracked10
Company
SectorFinancials
IndustryBanking
CEOEdward Otis Handy
Employees618
CountryUS
IPO Date1987-06-08

Related Companies (Business model: Universal / Commercial Bank; 8 closest by market cap; US-domiciled)

  • South Plains Financial, Inc. (SPFI)
  • Orrstown Financial Services, Inc. (ORRF)
  • Independent Bank Corporation (IBCP)
  • Coastal Financial Corporation (CCB)
  • Community West Bancshares (CWBC)
  • Midland States Bancorp, Inc. (MSBI)
  • Red River Bancshares, Inc. (RRBI)
  • Bar Harbor Bankshares (BHB)
WASH earnings history · WASH institutional & insider holders · WASH KPIs & operating metrics · WASH financials · WASH investor presentations & press releases · WASH SEC filings · WASH peers · Congress trades · Insider trades · Short interest · Stock screener

Data as of 2026-08-21.

Figures sourced from U.S. Securities and Exchange Commission (SEC EDGAR) filings and market data. Not personalized investment advice.