WASH vs. SBCF, RNST, WSBC, BANR, TRMK, NBTB, EFSC, SYBT, OFG, and FBNC
Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include Seacoast Banking Co. of Florida (SBCF), Renasant (RNST), WesBanco (WSBC), Banner (BANR), Trustmark (TRMK), NBT Bancorp (NBTB), Enterprise Financial Services (EFSC), Stock Yards Bancorp (SYBT), OFG Bancorp (OFG), and First Bancorp (FBNC). These companies are all part of the "regional banks" industry.
Washington Trust Bancorp vs.
Washington Trust Bancorp (NASDAQ:WASH) and Seacoast Banking Co. of Florida (NASDAQ:SBCF) are both finance companies, but which is the better investment? We will contrast the two businesses based on the strength of their profitability, community ranking, valuation, dividends, institutional ownership, risk, earnings, analyst recommendations and media sentiment.
65.8% of Washington Trust Bancorp shares are held by institutional investors. Comparatively, 81.8% of Seacoast Banking Co. of Florida shares are held by institutional investors. 1.7% of Washington Trust Bancorp shares are held by company insiders. Comparatively, 1.5% of Seacoast Banking Co. of Florida shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.
Seacoast Banking Co. of Florida has higher revenue and earnings than Washington Trust Bancorp. Washington Trust Bancorp is trading at a lower price-to-earnings ratio than Seacoast Banking Co. of Florida, indicating that it is currently the more affordable of the two stocks.
In the previous week, Washington Trust Bancorp and Washington Trust Bancorp both had 1 articles in the media. Seacoast Banking Co. of Florida's average media sentiment score of 1.00 beat Washington Trust Bancorp's score of 0.00 indicating that Seacoast Banking Co. of Florida is being referred to more favorably in the news media.
Seacoast Banking Co. of Florida received 113 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 59.76% of users gave Seacoast Banking Co. of Florida an outperform vote while only 52.23% of users gave Washington Trust Bancorp an outperform vote.
Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 7.1%. Seacoast Banking Co. of Florida pays an annual dividend of $0.72 per share and has a dividend yield of 2.6%. Washington Trust Bancorp pays out -144.5% of its earnings in the form of a dividend. Seacoast Banking Co. of Florida pays out 50.3% 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. Washington Trust Bancorp is clearly the better dividend stock, given its higher yield and lower payout ratio.
Washington Trust Bancorp has a beta of 0.81, meaning that its stock price is 19% less volatile than the S&P 500. Comparatively, Seacoast Banking Co. of Florida has a beta of 1.08, meaning that its stock price is 8% more volatile than the S&P 500.
Washington Trust Bancorp currently has a consensus price target of $34.00, suggesting a potential upside of 7.94%. Seacoast Banking Co. of Florida has a consensus price target of $29.40, suggesting a potential upside of 4.37%. Given Washington Trust Bancorp's higher possible upside, analysts clearly believe Washington Trust Bancorp is more favorable than Seacoast Banking Co. of Florida.
Seacoast Banking Co. of Florida has a net margin of 14.95% compared to Washington Trust Bancorp's net margin of -6.90%. Washington Trust Bancorp's return on equity of 8.99% beat Seacoast Banking Co. of Florida's return on equity.
Summary
Seacoast Banking Co. of Florida beats Washington Trust Bancorp on 13 of the 18 factors compared between the two stocks.
Get Washington Trust Bancorp News Delivered to You Automatically
Sign up to receive the latest news and ratings for WASH and its competitors with MarketBeat's FREE daily newsletter.
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.
Skip ChartMedia 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.
Skip Chart
Washington Trust Bancorp Competitors List
Related Companies and Tools
This page (NASDAQ:WASH) was last updated on 2/22/2025 by MarketBeat.com Staff