Research Analysts Offer Predictions for WASH Q2 Earnings

Washington Trust Bancorp, Inc. (NASDAQ:WASH) – Investment analysts at Seaport Res Ptn cut their Q2 2025 earnings estimates for shares of Washington Trust Bancorp in a report issued on Tuesday, April 29th. Seaport Res Ptn analyst L. Hunsicker now expects that the financial services provider will post earnings per share of $0.65 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 have also weighed in on WASH. StockNews.com upgraded shares of Washington Trust Bancorp from a “sell” rating to a “hold” rating in a 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 WASH stock opened at $28.62 on Friday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 2.63. Washington Trust Bancorp has a twelve month low of $24.70 and a twelve month high of $40.59. The company’s 50-day moving average price is $29.08 and its 200-day moving average price is $32.29. The stock has a market cap of $551.68 million, a price-to-earnings ratio of -18.46 and a beta of 0.89.

Washington Trust Bancorp (NASDAQ:WASH) last released its quarterly earnings data on Monday, April 21st. The financial services provider reported $0.61 earnings per share for the quarter, missing analysts’ consensus estimates of $0.62 by ($0.01). Washington Trust Bancorp had a positive return on equity of 8.99% and a negative net margin of 6.90%. The company had revenue of $59.07 million for the quarter, compared to analyst estimates of $53.16 million.

Washington Trust Bancorp Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, April 11th. Shareholders of record on Tuesday, April 1st were paid a dividend of $0.56 per share. This represents a $2.24 annualized dividend and a yield of 7.83%. The ex-dividend date was Tuesday, April 1st. Washington Trust Bancorp’s dividend payout ratio (DPR) is presently -143.59%.

Institutional Investors Weigh In On Washington Trust Bancorp

Institutional investors have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB purchased a new position in shares of Washington Trust Bancorp during the 3rd quarter worth approximately $32,000. Hantz Financial Services Inc. boosted its position in shares of 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 period. KLP Kapitalforvaltning AS acquired a new stake in shares of Washington Trust Bancorp in the fourth quarter valued at $97,000. State of Tennessee Department of Treasury purchased a new stake in shares of Washington Trust Bancorp in the 4th quarter valued at $131,000. Finally, Sanders Morris Harris LLC acquired a new position in Washington Trust Bancorp during the 1st quarter worth about $216,000. 65.81% of the stock is currently owned by institutional investors and hedge funds.

About Washington Trust Bancorp

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.