Washington Trust Bancorp Inc (WASH) Files 10-K for the Fiscal Year Ended on December 31, 2019

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Feb 25, 2020
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Washington Trust Bancorp Inc (WASH, Financial)(30-Year Financial) files its latest 10-K with SEC for the fiscal year ended on December 31, 2019. Washington Trust Bancorp Inc offers banking and financial services to individuals and businesses. It operates in two segments namely Commercial Banking and Wealth Management Services. Generating, a majority of its revenue from Commercial Banking Segment. Washington Trust Bancorp Inc has a market cap of $809.760 million; its shares were traded at around $46.67 with a P/E ratio of 11.78 and P/S ratio of 4.04. The dividend yield of Washington Trust Bancorp Inc stocks is 4.28%. GuruFocus has detected 3 severe warning signs with Washington Trust Bancorp Inc. .

For the last quarter Washington Trust Bancorp Inc reported a revenue of $48.6 million, compared with the revenue of $49.04 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $200.5 million, an increase of 3.1% from last year. For the complete 30-year financial data, please go here.. For the last five years Washington Trust Bancorp Inc had an average revenue growth rate of 5.9% a year.

The reported diluted earnings per share was $3.96 for the year, an increase of 0.8% from previous year. Over the last five years Washington Trust Bancorp Inc had an EPS growth rate of 11.4% a year. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Washington Trust Bancorp Inc has the cash and cash equivalents of $132.2 million, compared with $89.9 million in the previous year. The long term debt was $1.2 billion, compared with $973.4 million in the previous year. Washington Trust Bancorp Inc has a financial strength rank of 2 (out of 10).

At the current stock price of $46.67, Washington Trust Bancorp Inc is traded at close to its historical median P/S valuation band of $45.61. The P/S ratio of the stock is 4.04, while the historical median P/S ratio is 3.95. The stock lost 6.37% during the past 12 months.

For the complete 20-year historical financial data of WASH, click here.