Washington Trust Bancorp, Inc. (WASH) Stock Recommendation | Score, Valuation, Technicals & Financial Trend

Score

Click here to find our call on this stock

Strong Sell

Sell

Hold

Buy

Strong Buy

Comparison

Company

Score

Quality

Valuation

Financial

Technical

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Washington Trust Bancorp, Inc.

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Why is Washington Trust Bancorp, Inc. ?

The company has declared Positive results for the last 3 consecutive quarters

OPERATING CASH FLOW(Y) Highest at USD 88.24 MM
NET PROFIT(HY) Higher at USD 28.57 MM
ROCE(HY) Highest at 0.81%

With ROA of 0.50%, it has a very attractive valuation with a 1.15 Price to Book Value

The stock is trading at a discount compared to its peers' average historical valuations
Over the past year, while the stock has generated a return of 31.33%, its profits have risen by 304% ; the PEG ratio of the company is 0
At the current price, the company has a high dividend yield of 6.9

High Institutional Holdings at 80.79%

These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
Their stake has increased by 1.13% over the previous quarter.

Real-Time Research Report

Verdict Report

How much should you hold?

Overall Portfolio exposure to Washington Trust Bancorp, Inc. should be less than 10%
Overall Portfolio exposure to Regional Banks should be less than 30%

(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Regional Banks)

When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock

Is Washington Trust Bancorp, Inc. for you?

High Risk, High Return

Absolute

Risk Adjusted

Volatility

Washington Trust Bancorp, Inc.

28.96%

1.15

34.75%

S&P 500

22.24%

1.91

13.23%

Quality

Management Risk

Growth

Capital Structure

Quality grade scale :

Below Average, Average, Good, Excellent

Quality key factors

Factor

Value

Sales Growth (5y)

13.36%

EBIT Growth (5y)

-5.95%

EBIT to Interest (avg)

Debt to EBITDA (avg)

Net Debt to Equity (avg)

Sales to Capital Employed (avg)

Tax Ratio

Dividend Payout Ratio

82.67%

Pledged Shares

Institutional Holding

80.79%

ROCE (avg)

ROE (avg)

Valuation

Valuation Scorecard

Valuation grade scale :

Very Risky, Risky, Very Expensive, Expensive, Fair, Attractive, Very Attractive

Valuation Key Factors

Factor

Value

P/E Ratio

Industry P/E

Price to Book Value

1.15

EV to EBIT

17.22

EV to EBITDA

16.13

EV to Capital Employed

1.08

EV to Sales

3.39

PEG Ratio

0.04

Dividend Yield

6.91%

ROCE (Latest)

6.27%

ROE (Latest)

10.53%

Technicals

Technical key factors

Indicator

Weekly

Monthly

MACD

Bullish

RSI

No Signal

Bollinger Bands

Bullish

Moving Averages

Bullish (Daily)

KST

Mildly Bearish

Bullish

Dow Theory

No Trend

Mildly Bearish

OBV

No Trend

Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish Turned

Technical Movement

Analyse All Technical Factors

Financial Trend

Financial Trend Scorecard

Financial Trend scale:

Very Negative, Negative, Flat, Positive, Very Positive, Outstanding

15What is working for the Company

OPERATING CASH FLOW(Y)

Highest at USD 88.24 MM

NET PROFIT(HY)

Higher at USD 28.57 MM

ROCE(HY)

Highest at 0.81%

-8What is not working for the Company

ROCE(HY)

Lowest at 0.81%

GROSS NPA (%)

CREDIT DEPOSIT RATIO(HY)

Lowest at 97.1%

NET SALES(Q)

Lowest at USD 74.98 MM

PRE-TAX PROFIT(Q)

Fallen at -27.33%

NET PROFIT(Q)

Fallen at -26.67%

Here's what is working for Washington Trust Bancorp, Inc.

Operating Cash Flow

Highest at USD 88.24 MM and Grown

In each year in the last three years

MOJO Watch

The company has generated higher cash revenues from business operations

Operating Cash Flows (USD MM)

CASA

Highest at 12.46%

in the last five periods

MOJO Watch

The Bank's capital base vs its risk assets is improving. However, the bank may not be taking adequate risk in its lending book.

CAR (%)

Here's what is not working for Washington Trust Bancorp, Inc.

Non Performing Loans (%)

Highest at 0.81%

in the last four Semi-Annual periods

MOJO Watch

Proportion of stressed loans given by the bank are increasing

Non Performing Loans (%)

Net Sales

Lowest at USD 74.98 MM

in the last five periods

MOJO Watch

Near term sales trend is negative

Net Sales (USD MM)

Pre-Tax Profit

Fallen at -27.33%

Year on Year (YoY)

MOJO Watch

Near term Pre-Tax Profit trend is negative

Pre-Tax Profit (USD MM)

Net Profit

Fallen at -26.67%

Year on Year (YoY)

MOJO Watch

Near term Net Profit trend is negative

Net Profit (USD MM)

Credit Deposit Ratio

Lowest at 97.1%

in the last four Semi-Annual periods

MOJO Watch

Bank has been creating proportionately lower loans against its deposits, thereby creating fewer revenue generating assets

Credit Deposit Ratio (%)