Washington Trust Bancorp (WASH) Competitors

$26.73
+0.55 (+2.10%)
(As of 05/8/2024 ET)

WASH vs. THFF, FMNB, CCBG, CCNE, HTBK, HBNC, CPF, MOFG, EGBN, and EBTC

Should you be buying Washington Trust Bancorp stock or one of its competitors? The main competitors of Washington Trust Bancorp include First Financial (THFF), Farmers National Banc (FMNB), Capital City Bank Group (CCBG), CNB Financial (CCNE), Heritage Commerce (HTBK), Horizon Bancorp (HBNC), Central Pacific Financial (CPF), MidWestOne Financial Group (MOFG), Eagle Bancorp (EGBN), and Enterprise Bancorp (EBTC). These companies are all part of the "regional banks" industry.

Washington Trust Bancorp vs.

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

First Financial currently has a consensus target price of $43.00, indicating a potential upside of 13.07%. Given Washington Trust Bancorp's stronger consensus rating and higher possible upside, research analysts clearly believe First Financial is more favorable than Washington Trust Bancorp.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
First Financial
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Washington Trust Bancorp
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

First Financial pays an annual dividend of $1.80 per share and has a dividend yield of 4.7%. Washington Trust Bancorp pays an annual dividend of $2.24 per share and has a dividend yield of 8.4%. First Financial pays out 38.4% of its earnings in the form of a dividend. Washington Trust Bancorp pays out 82.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

First Financial has a beta of 0.52, meaning that its share price is 48% less volatile than the S&P 500. Comparatively, Washington Trust Bancorp has a beta of 0.8, meaning that its share price is 20% less volatile than the S&P 500.

First Financial has higher revenue and earnings than Washington Trust Bancorp. First Financial 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
First Financial$204.61M2.20$60.67M$4.698.11
Washington Trust Bancorp$191.59M2.38$48.18M$2.719.86

In the previous week, First Financial had 1 more articles in the media than Washington Trust Bancorp. MarketBeat recorded 7 mentions for First Financial and 6 mentions for Washington Trust Bancorp. Washington Trust Bancorp's average media sentiment score of 0.91 beat First Financial's score of 0.73 indicating that First Financial is being referred to more favorably in the media.

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

First Financial received 154 more outperform votes than Washington Trust Bancorp when rated by MarketBeat users. Likewise, 61.66% of users gave First Financial an outperform vote while only 53.89% of users gave Washington Trust Bancorp an outperform vote.

CompanyUnderperformOutperform
First FinancialOutperform Votes
341
61.66%
Underperform Votes
212
38.34%
Washington Trust BancorpOutperform Votes
187
53.89%
Underperform Votes
160
46.11%

First Financial has a net margin of 20.16% compared to First Financial's net margin of 12.01%. Washington Trust Bancorp's return on equity of 11.16% beat First Financial's return on equity.

Company Net Margins Return on Equity Return on Assets
First Financial20.16% 11.16% 1.15%
Washington Trust Bancorp 12.01%10.18%0.65%

72.7% of First Financial shares are held by institutional investors. Comparatively, 65.8% of Washington Trust Bancorp shares are held by institutional investors. 3.7% of First Financial shares are held by insiders. Comparatively, 1.7% of Washington Trust Bancorp shares are held by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

First Financial beats Washington Trust Bancorp on 15 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding WASH 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$445.92M$2.28B$9.01B$7.78B
Dividend Yield8.44%4.24%10.42%3.96%
P/E Ratio9.8612.2057.2319.45
Price / Sales2.382.333,377.0180.45
Price / Cash8.318.5827.6928.62
Price / Book0.961.032.434.39
Net Income$48.18M$403.09M$995.87M$217.65M
7 Day Performance1.33%1.21%1.07%1.04%
1 Month Performance3.01%1.35%-0.25%-2.66%
1 Year Performance12.08%35.89%17.53%9.46%

Washington Trust Bancorp Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
THFF
First Financial
4.4058 of 5 stars
$36.41
-0.6%
$43.00
+18.1%
+17.2%$430.00M$271.10M7.15861
FMNB
Farmers National Banc
1.5584 of 5 stars
$11.83
-1.3%
$15.33
+29.6%
+9.7%$444.22M$255.20M8.16666
CCBG
Capital City Bank Group
4.4208 of 5 stars
$26.52
-2.1%
$34.25
+29.1%
-5.8%$449.25M$252.68M8.64970
CCNE
CNB Financial
4.5543 of 5 stars
$19.00
+0.3%
$22.00
+15.8%
+13.8%$399.38M$327.03M7.98765
HTBK
Heritage Commerce
4.4906 of 5 stars
$7.94
-1.0%
$10.50
+32.2%
+19.3%$486.33M$243.30M8.63349Gap Down
HBNC
Horizon Bancorp
4.0356 of 5 stars
$11.48
-0.5%
$12.50
+8.9%
+52.8%$506.38M$324.30M21.26818Analyst Downgrade
CPF
Central Pacific Financial
4.571 of 5 stars
$19.94
-1.5%
$24.00
+20.4%
+52.6%$539.18M$329.32M9.73696Positive News
MOFG
MidWestOne Financial Group
4.3672 of 5 stars
$20.17
-2.2%
$24.13
+19.6%
+10.3%$317.68M$268.04M14.01732
EGBN
Eagle Bancorp
4.0463 of 5 stars
$18.49
-2.5%
$23.00
+24.4%
-0.3%$553.41M$647.06M7.37452Gap Down
EBTC
Enterprise Bancorp
3.4891 of 5 stars
$24.30
-2.7%
N/A-7.4%$298.40M$218.66M8.35570Positive News

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This page (NASDAQ:WASH) was last updated on 5/9/2024 by MarketBeat.com Staff

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