Washington Trust Bancorp, Inc. (NASDAQ:WASH – Free Report) – Seaport Res Ptn decreased their Q2 2025 earnings per share (EPS) estimates for shares of Washington Trust Bancorp in a research report issued to clients and investors on Tuesday, April 29th. Seaport Res Ptn analyst L. Hunsicker now anticipates that the financial services provider will earn $0.65 per share for the quarter, down from their prior forecast of $0.70. Seaport Res Ptn has a “Strong-Buy” rating on the stock. The consensus estimate for Washington Trust Bancorp’s current full-year earnings is $2.76 per share. Seaport Res Ptn also issued estimates for Washington Trust Bancorp’s Q3 2025 earnings at $0.67 EPS, Q4 2025 earnings at $0.66 EPS, FY2025 earnings at $2.59 EPS, Q1 2026 earnings at $0.67 EPS, Q3 2026 earnings at $0.78 EPS and Q4 2026 earnings at $0.78 EPS.
Several other equities analysts also recently commented on the company. StockNews.com raised Washington Trust Bancorp from a “sell” rating to a “hold” rating in a research report on Friday, January 31st. Keefe, Bruyette & Woods decreased their price objective on Washington Trust Bancorp from $34.00 to $31.00 and set a “market perform” rating on the stock in a report on Tuesday, April 22nd.
Washington Trust Bancorp Trading Up 2.4 %
Shares of Washington Trust Bancorp stock opened at $28.62 on Friday. The company has a debt-to-equity ratio of 2.63, a current ratio of 1.10 and a quick ratio of 1.10. The business has a fifty day simple moving average of $29.08 and a two-hundred day simple moving average of $32.28. Washington Trust Bancorp has a 1 year low of $24.70 and a 1 year high of $40.59. The company has a market capitalization of $551.68 million, a price-to-earnings ratio of -18.46 and a beta of 0.89.
Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) last released its quarterly earnings data on Monday, April 21st. The financial services provider reported $0.61 EPS for the quarter, missing the consensus estimate of $0.62 by ($0.01). Washington Trust Bancorp had a negative net margin of 6.90% and a positive return on equity of 8.99%. The company had revenue of $59.07 million during the quarter, compared to analyst estimates of $53.16 million.
Washington Trust Bancorp Announces Dividend
The company also recently disclosed a quarterly dividend, which was paid on Friday, April 11th. Investors of record on Tuesday, April 1st were given a dividend of $0.56 per share. The ex-dividend date was Tuesday, April 1st. This represents a $2.24 dividend on an annualized basis and a yield of 7.83%. Washington Trust Bancorp’s dividend payout ratio is currently -143.59%.
Institutional Trading of Washington Trust Bancorp
Institutional investors have recently modified their holdings of the business. Wilmington Savings Fund Society FSB acquired a new position in shares of Washington Trust Bancorp in the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. raised its stake in Washington Trust Bancorp by 15,152.6% during the fourth quarter. Hantz Financial Services Inc. now owns 2,898 shares of the financial services provider’s stock worth $91,000 after buying an additional 2,879 shares during the last quarter. KLP Kapitalforvaltning AS acquired a new position in Washington Trust Bancorp in the fourth quarter valued at $97,000. State of Tennessee Department of Treasury bought a new stake in Washington Trust Bancorp during the fourth quarter valued at $131,000. Finally, Sanders Morris Harris LLC acquired a new stake in Washington Trust Bancorp during the 1st quarter worth about $216,000. Institutional investors own 65.81% of the company’s stock.
Washington Trust Bancorp Company Profile
Washington Trust Bancorp, Inc operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing and noninterest-bearing demand deposits, NOW and savings accounts, money market and retirement deposit accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft.
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