📊 WASH Key Takeaways
Is Washington Trust Bancorp Inc. (WASH) a Good Investment?
Washington Trust Bancorp demonstrates strong operational cash generation and top-line growth, but faces concerning headwinds: net income flat despite 296.7% revenue growth suggests profit quality deterioration, while a 0.4x interest coverage ratio indicates weak capacity to service debt. The disconnect between exceptional revenue expansion and stagnant earnings warrants caution until profitability momentum improves.
Why Buy Washington Trust Bancorp Inc. Stock? WASH Key Strengths
- Exceptional revenue growth of 296.7% YoY demonstrates significant market expansion or successful acquisition activity
- Strong free cash flow generation of $78.3M (34.2% FCF margin) shows underlying cash generation capability
- Conservative capital structure with zero long-term debt and healthy 22.8% net profit margin
- Solid 29.4% operating margin reflects efficient core business operations
WASH Stock Risks: Washington Trust Bancorp Inc. Investment Risks
- Critical disconnect: net income flat (0.0% YoY) despite 296.7% revenue growth signals deteriorating profit quality and likely integration or provision costs
- Dangerously low interest coverage ratio of 0.4x indicates insufficient operating income to cover interest expenses, raising sustainability concerns
- Low ROA of 0.8% even for a bank suggests potential asset quality deterioration, elevated loan loss provisions, or integration drag from growth activities
- Lack of earnings growth momentum despite massive revenue expansion raises questions about acquisition economics or market saturation
Key Metrics to Watch
- Net income growth rate - must turn positive and accelerate with revenue
- Interest coverage ratio - must improve meaningfully above 1.0x
- Net interest margin and loan loss provisions - indicator of asset quality trends
- Return on assets (ROA) - should demonstrate improvement from 0.8%
- Free cash flow sustainability - must remain robust through integration period
Washington Trust Bancorp Inc. (WASH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 34.2% free cash flow margin provides substantial flexibility for dividends, buybacks, and strategic investments. The current ratio below 1.0x warrants monitoring of short-term liquidity.
WASH Profit Margin, ROE & Profitability Analysis
WASH vs Finance Sector: How Washington Trust Bancorp Inc. Compares
How Washington Trust Bancorp Inc. compares to Finance sector averages
Sector benchmarks are approximate industry averages. Actual sector performance may vary.
Is Washington Trust Bancorp Inc. Stock Overvalued? WASH Valuation Analysis 2026
Based on fundamental analysis, Washington Trust Bancorp Inc. has mixed fundamental signals relative to the Finance sector in 2026.
Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.
Washington Trust Bancorp Inc. Balance Sheet: WASH Debt, Cash & Liquidity
WASH Revenue & Earnings Growth: 5-Year Financial Trend
5-Year Trend Summary: Washington Trust Bancorp Inc.'s revenue has grown significantly by 13% over the 5-year period, indicating strong business expansion. The most recent EPS of $2.82 reflects profitable operations.
WASH Revenue Growth, EPS Growth & YoY Performance
WASH Quarterly Earnings & Performance
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q3 2025 | $12.4M | $10.8M | $0.56 |
| Q2 2025 | $12.0M | $10.8M | $0.63 |
| Q1 2025 | $11.4M | $10.9M | $0.63 |
| Q3 2024 | $11.2M | $11.0M | $0.64 |
| Q2 2024 | $11.3M | $10.8M | $0.63 |
| Q1 2024 | $10.8M | $10.9M | $0.64 |
| Q3 2023 | $11.2M | $11.2M | $0.65 |
| Q2 2023 | $11.3M | $11.3M | $0.66 |
Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.
Washington Trust Bancorp Inc. Dividends, Buybacks & Capital Allocation
WASH SEC Filings: Latest 10-K & 10-Q Analysis
Access official SEC EDGAR filings for Washington Trust Bancorp Inc. (CIK: 0000737468)
📋 Recent SEC Filings
❓ Frequently Asked Questions about WASH
What is the AI rating for WASH?
Washington Trust Bancorp Inc. (WASH) has an AI rating of HOLD with 65% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WASH's key strengths?
Claude: Exceptional revenue growth of 296.7% YoY demonstrates significant market expansion or successful acquisition activity. Strong free cash flow generation of $78.3M (34.2% FCF margin) shows underlying cash generation capability.
What are the risks of investing in WASH?
Claude: Critical disconnect: net income flat (0.0% YoY) despite 296.7% revenue growth signals deteriorating profit quality and likely integration or provision costs. Dangerously low interest coverage ratio of 0.4x indicates insufficient operating income to cover interest expenses, raising sustainability concerns.
What is WASH's revenue and growth?
Washington Trust Bancorp Inc. reported revenue of $229.0M.
Does WASH pay dividends?
Washington Trust Bancorp Inc. pays dividends, with $43.3M distributed to shareholders in the trailing twelve months.
Where can I find WASH SEC filings?
Official SEC filings for Washington Trust Bancorp Inc. (CIK: 0000737468) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.
What is WASH's EPS?
Washington Trust Bancorp Inc. has a diluted EPS of $2.71.
How is the AI analysis conducted?
Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.
Is WASH a good stock to buy right now?
Based on our AI fundamental analysis in April 2026, Washington Trust Bancorp Inc. has a HOLD rating with 65% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.
Is WASH stock overvalued or undervalued?
Valuation metrics for WASH: ROE of 9.6% (sector avg: 12%), net margin of 22.8% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
Should I buy WASH stock in 2026?
Our dual AI analysis gives Washington Trust Bancorp Inc. a combined HOLD rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.
What is WASH's free cash flow?
Washington Trust Bancorp Inc.'s operating cash flow is $80.3M, with capital expenditures of $2.0M. FCF margin is 34.2%.
How does WASH compare to other Finance stocks?
Vs Finance sector averages: Net margin 22.8% (avg: 25%), ROE 9.6% (avg: 12%), current ratio N/A (avg: 1.2).