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Washington Trust Bancorp (WASH) Competitors

Washington Trust Bancorp logo
$31.47 -0.11 (-0.35%)
Closing price 04:00 PM Eastern
Extended Trading
$31.48 +0.02 (+0.05%)
As of 05:57 PM Eastern
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WASH vs. FRME, FFBC, SBCF, BANR, RNST, WSBC, EFSC, TRMK, NBTB, and SYBT

Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include First Merchants (FRME), First Financial Bancorp. (FFBC), Seacoast Banking Co. of Florida (SBCF), Banner (BANR), Renasant (RNST), WesBanco (WSBC), Enterprise Financial Services (EFSC), Trustmark (TRMK), NBT Bancorp (NBTB), and Stock Yards Bancorp (SYBT). 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 better business? We will compare the two companies based on the strength of their institutional ownership, profitability, analyst recommendations, media sentiment, community ranking, valuation, earnings, risk and dividends.

Washington Trust Bancorp currently has a consensus price target of $34.00, indicating a potential upside of 8.04%. First Merchants has a consensus price target of $49.00, indicating a potential upside of 19.40%. Given First Merchants' higher probable 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

First Merchants received 173 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 60.20% 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
363
60.20%
Underperform Votes
240
39.80%

Washington Trust Bancorp has a beta of 0.8, suggesting that its share price is 20% less volatile than the S&P 500. Comparatively, First Merchants has a beta of 1.05, suggesting that its share price is 5% more volatile than the S&P 500.

Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 7.1%. First Merchants pays an annual dividend of $1.40 per share and has a dividend yield of 3.4%. 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 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%

In the previous week, First Merchants had 2 more articles in the media than Washington Trust Bancorp. MarketBeat recorded 7 mentions for First Merchants and 5 mentions for Washington Trust Bancorp. Washington Trust Bancorp's average media sentiment score of 1.40 beat First Merchants' score of 1.15 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
First Merchants
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 insiders. Comparatively, 1.3% of First Merchants shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

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$98.55M6.16-$28.06M-$1.55-20.30
First Merchants$626.71M3.83$201.40M$3.4212.00

Summary

First Merchants beats Washington Trust Bancorp on 16 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$606.62M$3.11B$11.42B$8.06B
Dividend Yield7.10%3.76%5.57%4.02%
P/E Ratio-20.3023.3822.8519.03
Price / Sales6.163.1325.7593.17
Price / Cash10.1110.6317.6134.64
Price / Book1.131.192.774.33
Net Income-$28.06M$372.21M$1.04B$247.06M
7 Day Performance-0.22%0.70%0.76%-0.52%
1 Month Performance-0.25%-3.23%496.42%-3.73%
1 Year Performance14.56%16.89%536.70%1.74%

Washington Trust Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WASH
Washington Trust Bancorp
2.9986 of 5 stars
$31.47
-0.3%
$34.00
+8.0%
+20.0%$606.62M$98.55M-20.30650Dividend Announcement
Short Interest ↓
Positive News
FRME
First Merchants
4.7463 of 5 stars
$40.68
+0.9%
$49.00
+20.5%
+23.1%$2.38B$626.71M11.892,120Short Interest ↑
Positive News
FFBC
First Financial Bancorp.
4.9297 of 5 stars
$24.90
+0.2%
$31.67
+27.2%
+18.5%$2.38B$835.58M10.382,165Short Interest ↓
Positive News
SBCF
Seacoast Banking Co. of Florida
3.1314 of 5 stars
$26.19
+0.9%
$30.00
+14.5%
+7.8%$2.24B$515.40M18.311,490Positive News
BANR
Banner
3.9501 of 5 stars
$64.72
+1.1%
$74.20
+14.6%
+43.1%$2.23B$602.94M13.261,930Positive News
RNST
Renasant
3.9434 of 5 stars
$34.82
+1.7%
$42.83
+23.0%
+19.8%$2.22B$662.45M10.652,330Positive News
WSBC
WesBanco
4.9916 of 5 stars
$31.98
+0.7%
$40.83
+27.7%
+12.8%$2.14B$600.17M14.282,430Short Interest ↓
Analyst Revision
News Coverage
High Trading Volume
EFSC
Enterprise Financial Services
4.6324 of 5 stars
$56.65
+1.5%
$67.33
+18.9%
+41.9%$2.09B$531.45M11.701,030News Coverage
Positive News
High Trading Volume
TRMK
Trustmark
3.1557 of 5 stars
$34.36
+0.7%
$38.67
+12.5%
+29.5%$2.09B$455.46M9.442,740Positive News
NBTB
NBT Bancorp
4.3649 of 5 stars
$43.67
+0.9%
$51.75
+18.5%
+22.5%$2.06B$574.44M14.751,860News Coverage
SYBT
Stock Yards Bancorp
3.2666 of 5 stars
$69.12
+1.3%
$69.25
+0.2%
+55.4%$2.04B$345.11M17.771,040Positive News
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This page (NASDAQ:WASH) was last updated on 3/27/2025 by MarketBeat.com Staff
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