Washington Trust Bancorp Inc.
Washington Trust Bancorp, Inc. is the parent company of The Washington Trust Company, a state-chartered bank with a long history. The business operates in two main areas. The first is Commercial Banking, which covers a range of traditional services like business and personal loans, mortgages, deposit accounts, and modern conveniences like internet and mobile banking. The second is Wealth Management Services, which offers investment management, financial planning, and trust and estate services for individuals and institutions. This dual focus allows the company to serve a broad spectrum of financial needs, from everyday banking to long-term wealth planning. For investors, it represents a blend of conventional banking stability with the growth potential of wealth management, though its performance is linked to the economic health of the regions it serves. As always, the value of investments can go down as well as up.
Stock Performance Snapshot
Analyst Rating
Analysts suggest holding Washington Trust's stock with a target price of $36.5, indicating modest growth potential.
Financial Health
Washington Trust Bancorp Inc. is showing solid revenue and cash flow, indicating good financial stability.
Dividend
Washington Trust Bancorp Inc. offers a strong dividend yield of 7.27%, making it appealing for income-focused investors. If you invested $1000 you would be paid $72.70 a year in dividends (based on the last 12 months).
View more stocks by downloading the app for FREE
It only takes 60 seconds.
Why You’ll Want to Watch This Stock
A Tale of Two Services
The company combines traditional banking with wealth management services, creating potentially diverse revenue streams. Success in both areas depends on different market factors.
Deep Community Roots
As a long-established regional bank, it has a solid local presence that may foster customer loyalty. This also means its fortunes are closely linked to the regional economy.
Potential for Dividends
The company has a track record of paying dividends, which can appeal to income-focused investors. Remember, dividend payments are not guaranteed and can change.
Compare Washington Trust with other stocks
Washington Trust vs Guggenheim Active Allocation Fund
Washington Trust vs Guggenheim Active Allocation Fund
Washington Trust vs Third Coast Bancshares
Washington Trust vs Third Coast Bancshares
Washington Trust vs Eagle Bancorp
Washington Trust vs Eagle Bancorp
Why invest with Nemo?
Zero Commission
Trade stocks, ETFs, and more with zero commission. Keep more of your returns.
Trusted & Regulated
Part of Exinity Group 2015, serving over a million customers globally.
6% Interest on Cash
Earn 6% AER on uninvested cash with daily interest payments.
Discover More Opportunities
Ally Financial Inc.
Ally Financial Inc. is a financial services company that provides banking, lending, insurance, and investing products and services.
Ameris Bancorp
Ameris Bancorp is a bank holding company that provides a range of financial services to its customers through its subsidiary and affiliated banks.
Atlantic Union Bankshares Corporation
Atlantic Union Bankshares Corporation is the holding company for Atlantic Union Bank (the Bank), which provides banking and related financial products and services to consumers and businesses. The Bank has branches and ATMs located in Virginia, Maryland and North Carolina. It operates through two segments: Wholesale Banking and Consumer Banking. Its Wholesale Banking segment provides loan, leasing, and deposit services, as well as treasury management and capital market services to wholesale customers primarily throughout Virginia, Maryland, North Carolina, and South Carolina. These customers include commercial and industrial customers. This segment also includes its equipment finance subsidiary and its wealth management business. Its Consumer Banking segment provides loan and deposit services to consumers and small businesses throughout Virginia, Maryland, and North Carolina. Consumer Banking includes the home loan division and investment management, and advisory services businesses.
