Feed / WASH

Washington Trust Bancorp, Inc.

WASH

Financial Services · 40.03 +0.4% today

Isolated · not yet confirmedMarket checked 11 Sept, 15:55 GMT-4

Market read

Washington Trust Bancorp, Inc.'s current read is isolated; its market group is not confirming.

No new filing conclusion is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Company+0.4% todayVolume comparison unavailable
Market group0 of 32 activeRegional Banks · unavailable
Disclosed network0 of 0 confirmingRelationship data unavailable
What would change this read
  • WASH's market-adjusted activity becomes unusual and at least one connected name confirms.

Invalidation: The isolated read changes if WASH's group or a disclosed connection begins moving with it.

Watch this read

Research brief

The story so far

Financial Services · Banks - Regional

No new filing conclusion is available. 0 of 32 group members are active now; 0 filing-linked outsiders are moving with the group, and 0 of 0 directly disclosed connections are confirming.

Evidence that supports

No thresholded supportive filing evidence is available yet.

Evidence that challenges

No thresholded adverse filing evidence is available yet.

What would clarify the read
  • WASH's market-adjusted activity becomes unusual and at least one connected name confirms.

Company research

Understand the business, not just the ticker

As of Sep 12, 2026
Business model and earnings drivers

Use the company’s filings to identify the few operating, demand, cost, capital and regulatory variables that determine its earnings power.

Key research questions
  • Which operating variable is changing?
  • Is that change durable, cyclical or one-off?
  • What evidence would disprove the current interpretation?
Annual periods9
Price observations320
Usable filing statements108
Verified relationships0
Evidence supporting the case
  • Latest annual revenue changed +19.7% year over year.
  • Net margin changed +148.7 percentage points in the latest annual period.
  • Operating cash flow covered net income at 1.54x in the latest annual period.
Evidence challenging the case
  • Diluted shares increased 12.4% in the latest annual period.
Questions before a position
  • P/E is 18% above the available filing-peer median; determine whether growth and quality justify the difference.
  • EV/sales is 66% below the available filing-peer median; determine whether growth and quality justify the difference.
Longer-term price context

Price as of Sep 11, 2026

40.03
6m+16.5%12m+32.1%24m
Annual trajectory

Reported annual revenue and per-share history. This is accounting history, not a forecast.

PeriodRevenueYoYDiluted EPSShare change
2021-12-31$51.1M+13.2%$4.39+0.3%
2022-12-31$48.2M-5.8%$4.11-0.4%
2023-12-31$44.5M-7.6%$2.82-1.8%
2024-12-31$48.2M+8.4%$-1.63+0.5%
2025-12-31$57.7M+19.7%$2.71+12.4%

What management says matters

Persistent and emerging business drivers

Demand and volumepositive · 4 filings
Average in-market interest-bearing deposits, which excludes wholesale brokered deposits, for the three months ended March 31, 2026 increased by $279.1 million from the same period in 2025, largely reflecting increases in average balances of savings accounts a…
10-Q · May 7, 2026
Legal and regulatory exposuremixed · 3 filings
The cumulative difference attributable to the adoption of ASC 326 that was quantified at the end of the deferral period was fully phased-in to regulatory capital on January 1, 2025.
10-K · Feb 24, 2026
Supply chain and availabilitymixed · 2 filings
The net increase primarily reflected net income of $52.2 million and an improvement of $39.9 million in the AOCL component of shareholders' equity, partially offset by a dividend declarations of $43.5 million and a net increase in treasury stock of $6.1 milli…
10-K · Feb 24, 2026
Macroeconomic conditionspositive · 1 filings
The provision for credit losses recognized for the three and six months ended June 30, 2024 reflected continued, yet subsiding, slowdown of loan prepayment speeds and modest commercial loan growth, and was partially offset by improvements in our estimate of f…
10-Q · Aug 6, 2025

Valuation discipline

Descriptive valuation snapshot

Price/sales 13.4× · EV/sales 13.4×. Comparisons use only industry-matched filing peers.

Scenario scaffold

Scenarios are withheld for Financial Services until sector-specific earnings and capital metrics are available; generic revenue/P/S scaffolds would be misleading.

Price action

How the market is pricing the story

40.03+0.4% today

Jodie does not have enough daily observations to draw a useful short-term chart for this asset. The latest quoted price was checked 11 Sept, 15:55 GMT-4; this is a coverage limitation, not a flat-price conclusion.

Developments

No sourced recent-development timeline yet

Jodie has not returned a relevant primary source or news item for WASH. This is an evidence-coverage gap, not a conclusion that nothing material happened.

Business and financial condition

Reported financial figures are not available yet

Jodie has not returned structured SEC XBRL fundamentals for this asset. This is a coverage limitation, not an assessment of the business or its financial health.

Filing analysis

No comparable filing assessment is available yet

Jodie has not yet found a suitable current-versus-prior filing comparison for WASH. This does not mean the latest filing was neutral or immaterial.

Business ecosystem

The relationships behind WASH

Customers, suppliers, partners and competitors named in company filings—not inferred from headlines.

Filing peers

Companies whose filings use similar operating language.

Open the three relationships above to see Jodie’s filing proof. Pro unlocks every receipt, and alerts when connected names begin moving. Unlock the full network →

What is moving around it

Live connections

WASH is currently a Follower in the organic co-movement group Regional Banks. This group is discovered from market behaviour rather than assigned from an industry taxonomy. No verified filing-linked names are available yet.

This group is retained as the last observed read for WASH; it is not active in the latest market snapshot.

Context history

Theme membership history

No durable theme membership has been observed for this name yet.