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Upturn AI SWOT - About
WASH 
Washington Trust Bancorp Inc (WASH)
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Upturn Advisory Summary
04/01/2025: WASH (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Moderate Performance
These Stocks/ETFs, based on Upturn Advisory, typically align with the market average, offering steady but unremarkable returns.
Analysis of Past Performance
Type Stock | Historic Profit 2.66% | Avg. Invested days 35 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 575.58M USD | Price to earnings Ratio - | 1Y Target Price 35.67 |
Price to earnings Ratio - | 1Y Target Price 35.67 | ||
Volume (30-day avg) 171972 | Beta 0.82 | 52 Weeks Range 22.38 - 39.14 | Updated Date 04/1/2025 |
52 Weeks Range 22.38 - 39.14 | Updated Date 04/1/2025 | ||
Dividends yield (FY) 7.26% | Basic EPS (TTM) -1.63 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -28.56% | Operating Margin (TTM) 171.42% |
Management Effectiveness
Return on Assets (TTM) -0.4% | Return on Equity (TTM) -5.77% |
Valuation
Trailing PE - | Forward PE 10.86 | Enterprise Value 1636316800 | Price to Sales(TTM) 5.86 |
Enterprise Value 1636316800 | Price to Sales(TTM) 5.86 | ||
Enterprise Value to Revenue 17.79 | Enterprise Value to EBITDA - | Shares Outstanding 19276100 | Shares Floating 18905467 |
Shares Outstanding 19276100 | Shares Floating 18905467 | ||
Percent Insiders 0.95 | Percent Institutions 68.51 |
Analyst Ratings
Rating 3 | Target Price 36.5 | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold 3 | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Washington Trust Bancorp Inc
Company Overview
History and Background
Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island. It is the oldest community bank in the United States. The company has grown organically and through strategic acquisitions to become a leading provider of financial services in the region.
Core Business Areas
- Commercial Banking: Offers a range of commercial lending, deposit, and cash management services to businesses of various sizes.
- Retail Banking: Provides personal banking services including checking accounts, savings accounts, mortgages, and personal loans to individual customers.
- Wealth Management: Offers investment management, financial planning, and trust services to individuals and institutions.
Leadership and Structure
The leadership team consists of the CEO, CFO, and other executive officers. The organizational structure includes departments for each core business area, as well as support functions such as finance, risk management, and human resources.
Top Products and Market Share
Key Offerings
- Mortgages: Offers a variety of mortgage products for home purchase and refinance. Market share data is not publicly available. Competitors include national banks like Bank of America and Wells Fargo, as well as other regional banks.
- Wealth Management: Offers investment advisory, financial planning, and trust services. Revenue is not publicly available. Competitors include Fidelity, Schwab, and local investment firms.
- Commercial Lending: Provides loans and lines of credit to businesses for working capital, equipment financing, and real estate. Competitors are larger national banks, credit unions and other regional banks.
- Retail Banking: Provides personal banking services including checking accounts, savings accounts, mortgages, and personal loans to individual customers. Competitors include national banks like Bank of America and Wells Fargo, as well as other regional banks.
Market Dynamics
Industry Overview
The banking industry is currently facing increased competition from online lenders and fintech companies, as well as regulatory changes and fluctuations in interest rates. Economic conditions are a major factor.
Positioning
Washington Trust Bancorp Inc. is positioned as a community-focused bank with a strong emphasis on relationship banking and local market expertise. It competes with both larger national banks and smaller regional banks.
Total Addressable Market (TAM)
The TAM includes the market for banking and wealth management services in Rhode Island, Massachusetts and Connecticut. Washington Trust Bancorp Inc is a small player in this large and competitive market.
Upturn SWOT Analysis
Strengths
- Long history and established reputation
- Strong local market presence
- Experienced management team
- Relationship-focused banking model
Weaknesses
- Limited geographic diversification
- Smaller size compared to national banks
- Dependence on traditional banking services
Opportunities
- Expansion into new markets
- Increased adoption of digital banking services
- Growing demand for wealth management services
- Partnerships with Fintech companies to enhance service offerings
Threats
- Increased competition from online lenders
- Regulatory changes
- Economic downturns
- Rising interest rates and inflation
Competitors and Market Share
Key Competitors
- Citizens Financial Group (CFG)
- Bank of America (BAC)
- Santander Bank (SAN)
- People's United Financial (PBCT) (Acquired by M&T Bank)
Competitive Landscape
Washington Trust Bancorp Inc. competes with both larger national banks and smaller regional banks. Its competitive advantages include its strong local market presence and relationship-focused banking model.
Major Acquisitions
Hampden Bancorp
- Year: 2018
- Acquisition Price (USD millions): 116
- Strategic Rationale: Expanded Washington Trust's footprint in Massachusetts.
Growth Trajectory and Initiatives
Historical Growth: Growth has been steady, driven by organic expansion and strategic acquisitions.
Future Projections: Analyst estimates suggest continued growth, driven by expansion into new markets and increased adoption of digital banking services.
Recent Initiatives: Recent initiatives include investments in digital banking technology and expansion into new markets through branch openings and acquisitions.
Summary
Washington Trust Bancorp Inc. is a well-established community bank with a strong local presence and a history of consistent growth. It faces increasing competition from larger national banks and online lenders and needs to continue to invest in digital banking technology and expand into new markets. Key strengths include its relationship-focused banking model and experienced management team. It should focus on diversifying its revenue streams and managing regulatory risks.
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Citizens Financial Group, Inc.
CFG
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MTB
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M&T Bank Corporation
Sources and Disclaimers
Data Sources:
- Company SEC Filings
- Company Website
- Analyst Reports
Disclaimers:
The information provided is for informational purposes only and should not be construed as investment advice. Market share data is approximate and based on publicly available information. Actual results may vary.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Washington Trust Bancorp Inc
Exchange NASDAQ | Headquaters Westerly, RI, United States | ||
IPO Launch date 1995-08-18 | Chairman & CEO Mr. Edward Otis Handy III | ||
Sector Financial Services | Industry Banks - Regional | Full time employees 618 | Website https://www.washtrust.com |
Full time employees 618 | Website https://www.washtrust.com | ||
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. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. The company was founded in 1800 and is headquartered in Westerly, Rhode Island.
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