WASHINGTON TRUST BANCORP INC (WASH)
Financials · Regional community banking · NASDAQ
A New England regional bank holding company offering commercial, residential, consumer, and wealth management services with $6.6 billion in assets concentrated in Rhode Island, Connecticut, and Massachusetts.
What WASHINGTON TRUST BANCORP INC does
Washington Trust Bancorp is a Rhode Island-based bank holding company founded in 1984 that owns The Washington Trust Company, a regional bank chartered in 1800. The company offers a full range of financial services including commercial banking, mortgage banking, personal banking, and wealth management and trust services through offices in Rhode Island, Connecticut, and Massachusetts. At year-end 2025, the company operated with $6.6 billion in total assets, $5.3 billion in deposits, and $543.6 million in shareholders' equity.
Themes: ["Regional banking","New England community banking","Wealth management / trust services","Commercial real estate lending","Residential mortgage banking","Deposit gathering"]
Fundamentals
- Price$35.61 as of 2026-07-09 close
- Market cap$693M as of 2026-07-10
- 1-year return+20.5% as of 2026-07-09 close
- P/E13.16 as of 2026-07-10
- Net margin+25.6% as of 2026-07-10
- ROE+9.8% as of 2026-07-10
- Debt / equity0.04 as of 2026-07-10
- Revenue growth (YoY)+64.6% as of 2026-07-10
- Revenue CAGR (3y)+1.6% SEC XBRL
- Beta0.72 as of 2026-07-10
Dividend: yield +7.2%; 5-year non-decreasing per-share dividend streak (SEC XBRL).
Key risks (from latest filing)
["Credit risk exposure: Commercial real estate loans represent 43% of total loan portfolio, concentrated in New England, subject to changes in regional real estate values and commercial property market conditions","Interest rate risk: Significant portion of assets and liabilities subject to repricing risk as rates change; net interest income is sensitive to the current interest rate environment and competitive pressures","Regional economic concentration: Lending activities are primarily conducted in southern New England, creating geographic concentration risk dependent on regional employment, energy prices, and economic conditions"]
Competitors & peers
- Brookline Bancorp (BLKB)
- Berkshire Bank (parent: Berkshire Bancorp, private)
- Eastern Bank (private)
- Salem Five Bancorp (SALM)
- Watertown Savings Bank (private)
- Peoples Federal Savings Bank (regional competitor)
Fundamentals: Finnhub, as of 2026-07-10. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-09.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.