Stocks · Financial Services · Banks - Regional
Washington Trust Bancorp, Inc. WASH
$38.12 -0.88% Close, Oct 5, 2026 · NASDAQ · Market cap $733.3M
Strong growthStrong trendHigh risk
Next earnings report: Oct 19, 2026
Scroll or pinch to zoom, drag to move. Daily prices adjusted for splits. Markers: E = earnings (green beat, red miss), S = split, D = dividend.
Three things to know
- Operating margin widened to 18.6% from -11.2% a year earlier.
- Net debt is 6.5× EBITDA, a high level of leverage.
- Revenue over the last four quarters was $381.8M, up 27.3% from a year earlier.
PromtFinance scores
Each score is a percentile within the Financial Services sector (0–100). Under each score: how the stock ranks in its sector on every component. As of Oct 6, 2026.
How fast revenue, earnings and cash flow are growing.
- Revenue growth (TTM, YoY)Top 15%
- FCF growth (TTM, YoY)Top 33%
- Revenue growth, 3-year CAGRBottom 48%
- Revenue growth accelerationTop 31%
Returns on capital, margins, earnings quality and balance-sheet strength.
- Return on invested capitalTop 31%
- Gross marginBottom 33%
- Operating marginBottom 43%
- Cash conversion (OCF / net income)Top 25%
- Accruals (lower is better)Top 40%
- Net debt / EBITDA (lower is better)Bottom 19%
- Interest coverBottom 25%
How cheap the shares are relative to earnings, cash flow and their own history.
- Earnings yieldTop 42%
- Free-cash-flow yieldTop 26%
- EBITDA / enterprise valueBottom 47%
- Sales / enterprise valueTop 49%
- P/E vs own 5-year history (lower is better)Bottom 21%
Strength and persistence of the price trend, including versus the S&P 500.
- 12-month return excluding last monthTop 16%
- 6-month returnTop 33%
- 1-year return vs S&P 500Top 16%
- Distance from 52-week highTop 28%
- Trend checklist (0–4)Top 48%
Earnings surprises and analyst sentiment (estimate-revision history is being collected).
- Average EPS surprise, last 4 quartersTop 40%
- Consecutive EPS beatsBottom 43%
- Share of analysts rating BuyBottom 3%
- Upside to consensus price targetBottom 7%
Low volatility, shallow drawdowns, low market sensitivity and modest leverage.
- Volatility, 60 days (lower is better)Bottom 34%
- Maximum drawdown, 3 yearsBottom 32%
- Beta vs S&P 500 (lower is better)Bottom 27%
- Net debt / EBITDA (lower is better)Bottom 19%
What changed
Latest four quarters versus the same period a year earlier (growth: versus one quarter earlier).
| Measure | Before | Now | |
|---|---|---|---|
| Revenue growth (YoY) | 25.6% | 27.3% | ↑ |
| Gross margin | 36.0% | 57.8% | ↑ |
| Operating margin | -11.2% | 18.6% | ↑ |
| FCF margin | 20.7% | 23.4% | ↑ |
Fundamental momentum
| Measure | Now (TTM) | Year / quarter before | Sector rank | |
|---|---|---|---|---|
| Revenue growth (TTM, YoY) | 27.3% | 25.6% | ↑ | Top 15% |
| Gross margin | 57.8% | 36.0% | ↑ | Bottom 33% |
| Operating margin | 18.6% | -11.2% | ↑ | Bottom 43% |
| Net margin | 14.5% | -8.1% | ↑ | — |
| Free-cash-flow margin | 23.4% | 20.7% | ↑ | — |
| Return on invested capital | 4.7% | — | Top 31% | |
| Revenue growth, 3-year CAGR | 14.0% | — | Bottom 48% |
Quality of earnings and balance sheet
- Cash conversion (OCF / net income)Above 1× means profits are backed by cash.
- 1.68×
- Accruals (net income − OCF) / assetsLower is better; high accruals can signal weaker earnings quality.
- -0.6%
- Stock-based compensation / revenueA cost to shareholders through dilution.
- 0.8%
- Net debt / EBITDABelow 1× is conservative; above 3× is high leverage.
- 6.54×
- Interest cover (operating income / interest)How many times operating profit covers interest.
- 0.5×
Shareholder returns
- Dividend yield (dividends paid, TTM)
- 5.89%
- Net buyback yield (TTM)
- 1.02%
- Shareholder yield
- 6.91%
- Share count change, 1 year
- -0.9%
- Share count change, 3-year CAGR
- +4.1%
Shareholder yield = dividends + net buybacks over the last four quarters, divided by market cap.
Based on the four quarters through Jun 30, 2026 (filed Aug 6, 2026).
Earnings and expectations
Earnings momentum
- Consecutive EPS beats
- 1
- Beats in the last 8 reports
- 6 of 8
- Average EPS surprise, last 4
- +6.5%
- Average 2-day reaction, last 8
- -0.5%
- Positive 20 days after report
- 5 of 8
Analysts
- Consensus price target
- $36.00
- Target vs current price
- -5.6%
- Analysts with a rating
- 7
- Share rating Buy or Strong Buy
- 0%
- Consensus rating
- Hold
How the stock reacted to recent reports
| Report date | EPS surprise | 2 days | 5 days | 20 days | 60 days |
|---|---|---|---|---|---|
| Jul 20, 2026 | +7.9% | -0.8% | +4.8% | +9.7% | — |
| Apr 20, 2026 | -14.3% | +0.4% | -14.3% | -14.0% | +0.8% |
| Jan 28, 2026 | +10.7% | -0.4% | +17.8% | +15.6% | +3.7% |
| Oct 20, 2025 | +21.7% | +3.8% | +7.6% | +7.6% | +16.4% |
| Jul 21, 2025 | +7.9% | +0.0% | -5.2% | -3.0% | -8.7% |
| Apr 21, 2025 | -1.6% | -3.6% | +1.9% | +8.2% | +5.8% |
| Jan 29, 2025 | +1.7% | +0.4% | +3.3% | -3.3% | -13.3% |
| Oct 21, 2024 | +14.3% | -3.7% | +3.4% | +15.8% | -2.1% |
Returns from the close before each report. Past reactions do not determine future ones.
Earnings history
| Report date | EPS | Estimate | Surprise | Revenue |
|---|---|---|---|---|
| Jul 20, 2026 | $0.83 | $0.77 | +7.9% | $60.5M |
| Apr 20, 2026 | $0.66 | $0.77 | -14.3% | $57.8M |
| Jan 28, 2026 | $0.83 | $0.75 | +10.7% | $59.3M |
| Oct 20, 2025 | $0.56 | $0.46 | +21.7% | $56.5M |
| Jul 21, 2025 | $0.68 | $0.63 | +7.9% | $54.3M |
| Apr 21, 2025 | $0.61 | $0.62 | -1.6% | $57.9M |
| Jan 29, 2025 | $0.59 | $0.58 | +1.7% | $4.9M |
| Oct 21, 2024 | $0.64 | $0.56 | +14.3% | $48.5M |
Valuation in context
| Multiple | Now | 5-year median | 5-year percentile | Sector rank (cheapness) |
|---|---|---|---|---|
| P/E (trailing) | 13.2× | 11.5× | 82th | Top 42% |
| P/E (forward) | 11.9× | — | — | — |
| EV / EBITDA | 16.3× | — | — | Bottom 47% |
| EV / Sales | 3.20× | — | — | Top 49% |
| Free-cash-flow yield | 12.18% | — | — | Top 26% |
| Earnings yield | 7.56% | — | — | Top 42% |
P/E over the past five years
Range 6.3× – 14.2× since Jun 30, 2021. Each point: price on the filing date divided by trailing-twelve-month EPS known then.
Technical state
Trend checklist
- ✗ Price above 20-day average
- ✗ Price above 50-day average
- ✓ Price above 200-day average
- ✓ 50-day average above 200-day
- ✗ MACD histogram positive
Trend quality
- Days above the 50-day average
- 0
- Days above the 200-day average
- 114
- 50-day average slope (20 days)
- +2.5%
- 200-day average slope (20 days)
- +2.9%
- Distance from 50-day average
- -2.9%
- Distance from 200-day average
- +9.3%
- RSI (14)
- 42.6
- Relative volume
- 0.83×
Risk and drawdowns
- Volatility, 60 days (annualized)
- 25.7%
- Volatility vs own 5-year history
- 28th percentile · Normal for this stock
- Beta vs S&P 500 (2 years, weekly)
- 0.90
- Correlation with S&P 500
- 0.43
- Current drawdown from 1-year high
- -5.3%
- Maximum drawdown, 3 years
- -36.2%
Largest declines in the past six years
| From peak | To low | Decline | Length | Recovery |
|---|---|---|---|---|
| Jan 7, 2022 | Oct 27, 2023 | -64.0% | 453 days | Not yet recovered |
| Jun 8, 2021 | Jul 22, 2021 | -16.4% | 31 days | 73 days (Nov 3, 2021) |
Declines of 10% or more from a closing high, measured on daily closes.
Financial statements
- Market cap
- $733.3M
- P/E (TTM)
- 13.2
- EPS, diluted (TTM)
- $2.88
- Revenue (TTM)
- $381.8M
- Dividend yield
- 5.88%
- 52-week range
- $25.23 – $40.54
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $245.4M | $257.1M | $364.8M | $310.8M | $381.1M |
| Gross profit | $233.7M | $219.9M | $190.0M | $96.2M | $207.0M |
| Operating income | $98.2M | $91.2M | $56.5M | -$38.8M | $67.4M |
| Net income | $76.9M | $71.7M | $48.2M | -$28.1M | $52.2M |
| EPS (diluted) | $4.39 | $4.11 | $2.82 | -$1.63 | $2.71 |
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $103.9M | $4.9M | $95.1M | $95.9M | $98.6M | $97.3M | $92.1M | $93.8M |
| Net income | $11.0M | -$60.8M | $12.2M | $13.2M | $10.8M | $16.0M | $12.6M | $16.0M |
| EPS (diluted) | $0.64 | -$3.48 | $0.63 | $0.68 | $0.56 | $0.83 | $0.66 | $0.83 |
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Operating cash flow | $100.8M | $113.0M | $31.6M | $57.7M | $52.6M |
| Capital expenditure | -$3.5M | -$6.1M | -$5.0M | -$4.0M | -$2.0M |
| Free cash flow | $97.3M | $106.9M | $26.6M | $53.7M | $50.5M |
| Dividends paid | -$36.3M | -$37.6M | -$38.6M | -$38.4M | -$43.3M |
| Net share buybacks | $0 | -$9.5M | -$8.8M | $70.5M | -$7.8M |
Cash outflows are shown as negative numbers.
- Cash and short-term investments
- $26.4M
- Total assets
- $6.55B
- Total liabilities
- $5.99B
- Total debt
- $516.6M
- Net debt
- $490.2M
- Shareholders’ equity
- $553.5M
As of Jun 30, 2026 (filed Aug 6, 2026).
Dividends
| Ex-date | Amount | Paid |
|---|---|---|
| Oct 1, 2026 | $0.56 | Oct 9, 2026 |
| Jul 1, 2026 | $0.56 | Jul 10, 2026 |
| Apr 1, 2026 | $0.56 | Apr 10, 2026 |
| Jan 2, 2026 | $0.56 | Jan 14, 2026 |
| Oct 1, 2025 | $0.56 | Oct 10, 2025 |
| Jul 1, 2025 | $0.56 | Jul 11, 2025 |
| Apr 1, 2025 | $0.56 | Apr 11, 2025 |
| Jan 2, 2025 | $0.56 | Jan 15, 2025 |
Short interest
- Shares sold short
- 1,391,472
- Days to cover
- 10.71
- Change vs previous report
- -1.1%
FINRA short interest, settlement date Sep 15, 2026.
Stock splits
- Aug 4, 1998
- 3-for-2
- Nov 20, 1997
- 3-for-2
- Oct 16, 1996
- 3-for-2
- Sep 1, 1994
- 3-for-2