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Washington Trust Bancorp (WASH) Competitors

Washington Trust Bancorp logo
$27.21 +0.08 (+0.29%)
Closing price 04/17/2025 04:00 PM Eastern
Extended Trading
$27.16 -0.05 (-0.18%)
As of 04/17/2025 04:07 PM Eastern
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WASH vs. FRME, BANR, TRMK, SYBT, SBCF, NBTB, WSBC, RNST, EFSC, and CHCO

Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include First Merchants (FRME), Banner (BANR), Trustmark (TRMK), Stock Yards Bancorp (SYBT), Seacoast Banking Co. of Florida (SBCF), NBT Bancorp (NBTB), WesBanco (WSBC), Renasant (RNST), Enterprise Financial Services (EFSC), and City (CHCO). These companies are all part of the "regional banks" industry.

Washington Trust Bancorp vs.

Washington Trust Bancorp (NASDAQ:WASH) and First Merchants (NASDAQ:FRME) are both finance companies, but which is the superior stock? We will compare the two companies based on the strength of their valuation, dividends, profitability, earnings, risk, analyst recommendations, community ranking, media sentiment and institutional ownership.

First Merchants has a net margin of 18.76% compared to Washington Trust Bancorp's net margin of -6.90%. First Merchants' return on equity of 9.23% beat Washington Trust Bancorp's return on equity.

Company Net Margins Return on Equity Return on Assets
Washington Trust Bancorp-6.90% 8.99% 0.60%
First Merchants 18.76%9.23%1.12%

First Merchants received 174 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 60.26% of users gave First Merchants an outperform vote while only 52.63% of users gave Washington Trust Bancorp an outperform vote.

CompanyUnderperformOutperform
Washington Trust BancorpOutperform Votes
190
52.63%
Underperform Votes
171
47.37%
First MerchantsOutperform Votes
364
60.26%
Underperform Votes
240
39.74%

Washington Trust Bancorp presently has a consensus target price of $34.00, suggesting a potential upside of 24.95%. First Merchants has a consensus target price of $48.20, suggesting a potential upside of 35.66%. Given First Merchants' higher possible upside, analysts plainly believe First Merchants is more favorable than Washington Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Washington Trust Bancorp
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
1 Strong Buy rating(s)
3.00
First Merchants
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.80

Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 8.2%. First Merchants pays an annual dividend of $1.40 per share and has a dividend yield of 3.9%. Washington Trust Bancorp pays out -144.5% of its earnings in the form of a dividend. First Merchants pays out 40.9% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. First Merchants has increased its dividend for 13 consecutive years. Washington Trust Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.

First Merchants has higher revenue and earnings than Washington Trust Bancorp. Washington Trust Bancorp is trading at a lower price-to-earnings ratio than First Merchants, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Washington Trust Bancorp$98.55M5.32-$28.06M-$1.55-17.55
First Merchants$626.71M3.32$201.40M$3.4210.39

In the previous week, Washington Trust Bancorp had 1 more articles in the media than First Merchants. MarketBeat recorded 7 mentions for Washington Trust Bancorp and 6 mentions for First Merchants. Washington Trust Bancorp's average media sentiment score of 0.99 beat First Merchants' score of 0.71 indicating that Washington Trust Bancorp is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Washington Trust Bancorp
5 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
2 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Washington Trust Bancorp has a beta of 0.76, indicating that its share price is 24% less volatile than the S&P 500. Comparatively, First Merchants has a beta of 0.95, indicating that its share price is 5% less volatile than the S&P 500.

65.8% of Washington Trust Bancorp shares are held by institutional investors. Comparatively, 73.9% of First Merchants shares are held by institutional investors. 1.1% of Washington Trust Bancorp shares are held by company insiders. Comparatively, 1.4% of First Merchants shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Summary

First Merchants beats Washington Trust Bancorp on 15 of the 22 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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WASH vs. The Competition

MetricWashington Trust BancorpState commercial banks IndustryFinance SectorNASDAQ Exchange
Market Cap$524.50M$2.87B$10.84B$7.34B
Dividend Yield8.27%4.09%5.97%4.30%
P/E Ratio-17.5521.6821.5217.80
Price / Sales5.322.9025.4397.75
Price / Cash10.1110.6317.6134.64
Price / Book0.981.102.563.98
Net Income-$28.06M$372.21M$1.03B$247.81M
7 Day Performance4.17%3.14%1.88%1.80%
1 Month Performance-13.15%-5.91%-3.66%-6.81%
1 Year Performance10.43%15.70%535.52%1.31%

Washington Trust Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WASH
Washington Trust Bancorp
3.0902 of 5 stars
$27.21
+0.3%
$34.00
+25.0%
+12.3%$524.50M$98.55M-17.55650Upcoming Earnings
Short Interest ↑
FRME
First Merchants
4.8638 of 5 stars
$34.39
+0.8%
$48.20
+40.2%
+9.4%$2.01B$626.71M10.062,120Upcoming Earnings
Short Interest ↑
BANR
Banner
3.11 of 5 stars
$58.12
+2.8%
$74.20
+27.7%
+40.2%$2.00B$602.94M11.911,930Earnings Report
Dividend Announcement
News Coverage
Positive News
TRMK
Trustmark
2.9122 of 5 stars
$31.69
+1.5%
$40.60
+28.1%
+28.6%$1.93B$455.46M8.712,740Upcoming Earnings
Positive News
SYBT
Stock Yards Bancorp
3.3108 of 5 stars
$64.88
+1.5%
$69.25
+6.7%
+59.2%$1.91B$345.11M16.681,040Upcoming Earnings
News Coverage
Positive News
SBCF
Seacoast Banking Co. of Florida
3.7435 of 5 stars
$22.26
+1.0%
$30.00
+34.8%
+4.0%$1.91B$515.40M15.571,490Upcoming Earnings
NBTB
NBT Bancorp
4.3435 of 5 stars
$38.82
+0.5%
$54.50
+40.4%
+20.4%$1.83B$574.44M13.111,860Upcoming Earnings
Positive News
WSBC
WesBanco
4.9863 of 5 stars
$27.11
+1.2%
$39.43
+45.4%
+3.5%$1.81B$600.17M12.102,430Short Interest ↑
RNST
Renasant
4.55 of 5 stars
$27.96
+1.0%
$42.17
+50.8%
-0.6%$1.78B$662.45M8.552,330Upcoming Earnings
Positive News
EFSC
Enterprise Financial Services
4.7705 of 5 stars
$46.89
+1.5%
$67.33
+43.6%
+28.1%$1.73B$531.45M9.691,030Short Interest ↑
Positive News
CHCO
City
1.4292 of 5 stars
$111.33
+1.6%
$116.75
+4.9%
+15.2%$1.64B$285.06M14.11910Upcoming Earnings
Ex-Dividend
Positive News

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This page (NASDAQ:WASH) was last updated on 4/18/2025 by MarketBeat.com Staff
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