📊 WASH Key Takeaways
Is Washington Trust Bancorp Inc. (WASH) a Good Investment?
Despite exceptional 296.7% YoY revenue growth, net income remained flat, indicating non-recurring gains masked operational weakness. For a state commercial bank, ROE of 2.3% and ROA of 0.2% are critically low, suggesting severe capital inefficiency and potential asset quality deterioration.
Washington Trust Bancorp Inc. Key Strengths (WASH)
- Zero long-term debt with strong balance sheet (equity of $546.8M)
- Healthy net margin of 21.8% and operating margin of 27.8%
- Positive free cash flow generation of $14.8M with 25.6% FCF margin
WASH Stock Risks: Washington Trust Bancorp Inc. Investment Risks
- Critically low ROE (2.3%) and ROA (0.2%) indicate poor capital deployment and potential asset quality issues
- Revenue surge decoupled from earnings growth—likely one-time/non-recurring items inflating top line
- Dangerously low interest coverage ratio of 0.1x raises debt serviceability concerns
- Significant divergence between nominal growth and economic profit creation
Key Metrics to Watch
- Net interest margin (NIM) and core net income trending
- Asset quality indicators (NPL ratio, charge-offs, loan loss provisions)
- Return on equity recovery pathway and capital allocation strategy
Washington Trust Bancorp Inc. (WASH) Financial Metrics & Key Ratios
💡 AI Analyst Insight
The 25.6% 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 |
|---|---|---|---|
| Q1 2026 | $13.1M | $12.2M | $0.63 |
| 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 |
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 grade of C with 68% confidence, based on fundamental analysis of SEC EDGAR filings.
What are WASH's key strengths?
Claude: Zero long-term debt with strong balance sheet (equity of $546.8M). Healthy net margin of 21.8% and operating margin of 27.8%.
What are the risks of investing in WASH?
Claude: Critically low ROE (2.3%) and ROA (0.2%) indicate poor capital deployment and potential asset quality issues. Revenue surge decoupled from earnings growth—likely one-time/non-recurring items inflating top line.
What is WASH's revenue and growth?
Washington Trust Bancorp Inc. reported revenue of $57.8M.
Does WASH pay dividends?
Washington Trust Bancorp Inc. pays dividends, with $10.7M 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 $0.66.
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 grade reflects both perspectives for balanced insights.
What is WASH's fundamental grade?
Based on our AI fundamental analysis in June 2026, Washington Trust Bancorp Inc. has a C grade with 68% confidence. Review the strengths and risks sections above for full context. This is not investment advice.
Is WASH stock overvalued or undervalued?
Valuation metrics for WASH: ROE of 2.3% (sector avg: 12%), net margin of 21.8% (sector avg: 25%). Compare these metrics with sector averages to assess valuation.
What is WASH's AI grade for 2026?
Our dual AI analysis gives Washington Trust Bancorp Inc. a combined C grade 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 $16.1M, with capital expenditures of $1.3M. FCF margin is 25.6%.
How does WASH compare to other Finance stocks?
Vs Finance sector averages: Net margin 21.8% (avg: 25%), ROE 2.3% (avg: 12%), current ratio N/A (avg: 1.2).