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Washington Trust Bancorp (WASH) Competitors

Washington Trust Bancorp logo
$31.72 +0.96 (+3.12%)
(As of 12/20/2024 05:17 PM ET)

WASH vs. TRMK, SYBT, EFSC, OFG, FBNC, CHCO, LKFN, FCF, NBHC, and SASR

Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include Trustmark (TRMK), Stock Yards Bancorp (SYBT), Enterprise Financial Services (EFSC), OFG Bancorp (OFG), First Bancorp (FBNC), City (CHCO), Lakeland Financial (LKFN), First Commonwealth Financial (FCF), National Bank (NBHC), and Sandy Spring Bancorp (SASR). These companies are all part of the "regional banks" industry.

Washington Trust Bancorp vs.

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

67.6% of Trustmark shares are owned by institutional investors. Comparatively, 65.8% of Washington Trust Bancorp shares are owned by institutional investors. 1.5% of Trustmark shares are owned by company insiders. Comparatively, 1.7% of Washington Trust Bancorp shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.

Trustmark received 96 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. However, 52.97% of users gave Washington Trust Bancorp an outperform vote while only 49.91% of users gave Trustmark an outperform vote.

CompanyUnderperformOutperform
TrustmarkOutperform Votes
283
49.91%
Underperform Votes
284
50.09%
Washington Trust BancorpOutperform Votes
187
52.97%
Underperform Votes
166
47.03%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Trustmark$488.64M4.47$165.49M$3.3110.79
Washington Trust Bancorp$191.57M2.83$48.18M$2.6711.88

Trustmark has a net margin of 17.62% compared to Washington Trust Bancorp's net margin of 11.24%. Washington Trust Bancorp's return on equity of 9.55% beat Trustmark's return on equity.

Company Net Margins Return on Equity Return on Assets
Trustmark17.62% 9.48% 0.92%
Washington Trust Bancorp 11.24%9.55%0.63%

In the previous week, Washington Trust Bancorp had 5 more articles in the media than Trustmark. MarketBeat recorded 12 mentions for Washington Trust Bancorp and 7 mentions for Trustmark. Trustmark's average media sentiment score of 1.15 beat Washington Trust Bancorp's score of 0.86 indicating that Trustmark is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Trustmark
5 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Washington Trust Bancorp
6 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Trustmark currently has a consensus target price of $35.20, suggesting a potential downside of 1.43%. Washington Trust Bancorp has a consensus target price of $34.00, suggesting a potential upside of 7.19%. Given Washington Trust Bancorp's higher probable upside, analysts plainly believe Washington Trust Bancorp is more favorable than Trustmark.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Trustmark
0 Sell rating(s)
4 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.20
Washington Trust Bancorp
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

Trustmark has a beta of 0.75, meaning that its share price is 25% less volatile than the S&P 500. Comparatively, Washington Trust Bancorp has a beta of 0.79, meaning that its share price is 21% less volatile than the S&P 500.

Trustmark pays an annual dividend of $0.92 per share and has a dividend yield of 2.6%. Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 7.1%. Trustmark pays out 27.8% of its earnings in the form of a dividend. Washington Trust Bancorp pays out 83.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Washington Trust Bancorp has increased its dividend for 13 consecutive years. Washington Trust Bancorp is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

Summary

Trustmark beats Washington Trust Bancorp on 12 of the 21 factors compared between the two stocks.

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$541.30M$3.10B$11.01B$9.07B
Dividend Yield6.60%3.54%9.87%4.22%
P/E Ratio11.8816.5628.5417.19
Price / Sales2.833.2848.52116.80
Price / Cash10.9711.2830.3637.86
Price / Book1.141.262.744.78
Net Income$48.18M$406.76M$1.03B$225.60M
7 Day Performance-9.45%-4.75%-2.88%-1.23%
1 Month Performance-13.33%-4.99%-2.87%3.37%
1 Year Performance-0.88%14.26%11.31%16.58%

Washington Trust Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
WASH
Washington Trust Bancorp
1.7247 of 5 stars
$31.72
+3.1%
$34.00
+7.2%
+0.2%$541.30M$191.57M11.88665Dividend Announcement
Analyst Downgrade
News Coverage
High Trading Volume
TRMK
Trustmark
2.7185 of 5 stars
$38.02
+1.3%
$35.20
-7.4%
+30.7%$2.33B$488.64M11.342,757Analyst Revision
Positive News
SYBT
Stock Yards Bancorp
3.175 of 5 stars
$77.28
0.0%
$69.25
-10.4%
+43.4%$2.27B$438.92M21.321,075
EFSC
Enterprise Financial Services
4.1813 of 5 stars
$59.53
+1.0%
$58.33
-2.0%
+27.5%$2.21B$527.63M12.541,221Analyst Revision
News Coverage
Positive News
OFG
OFG Bancorp
3.0875 of 5 stars
$43.98
+0.7%
$50.00
+13.7%
+12.8%$2.02B$770.73M10.682,248Positive News
FBNC
First Bancorp
4.0956 of 5 stars
$47.34
-0.5%
$56.00
+18.3%
+23.0%$1.96B$546.25M19.181,445
CHCO
City
1.4334 of 5 stars
$128.90
+0.0%
$119.25
-7.5%
+9.7%$1.89B$341.89M16.54948Analyst Revision
News Coverage
Positive News
LKFN
Lakeland Financial
2.1671 of 5 stars
$73.19
+0.6%
$71.00
-3.0%
+6.1%$1.87B$255.76M18.90650Positive News
FCF
First Commonwealth Financial
2.421 of 5 stars
$18.34
+0.3%
$17.70
-3.5%
+11.7%$1.87B$477.74M12.351,504News Coverage
NBHC
National Bank
4.057 of 5 stars
$46.18
-0.4%
$51.40
+11.3%
+15.5%$1.76B$405.51M14.351,274News Coverage
SASR
Sandy Spring Bancorp
3.7164 of 5 stars
$36.34
-0.8%
$28.25
-22.3%
+29.7%$1.64B$704.60M19.271,112Analyst Forecast
Analyst Revision

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This page (NASDAQ:WASH) was last updated on 12/21/2024 by MarketBeat.com Staff
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