WASHINGTON TRUST BANCORP INC (WASH)

Washington Trust Bancorp, Inc. operates as a bank holding company. The firm engages in the provision of financial services, including business banking, personal banking and wealth management and trust services. It operates through the following segments: Commercial Banking and Wealth Management Services. The Commercial Banking segment includes commercial, residential and consumer lending activities, mortgage banking activities, deposit generation, cash management activities and direct banking activities, which include the operation of ATMs, telephone and internet banking services and customer support and sales. The Wealth Management Services segment includes investment management, financial planning, personal trust and estate services, including services as trustee, personal representative, custodian and guardian and institutional trust services are also provided, including fiduciary services. The company was founded in 1984 and is headquartered in Westerly, RI.

Address

23 BROAD ST
WESTERLY, RI 02891

Founded

1984

Number of Employees

665

Buyback

Buyback Data 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
$ Amount Purchased
($ in 000s)
- - - - - - $4,322 - $9,479 $8,740 - $7,514
Average Price - - - - - - $34.61 - $48.82 $43.70 - $43.43
# Shares Purchased - - - - - - 124,863 - 194,162 200,000 - 173,008
Buyback Performance 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 Average
Total Return to Date - - - - - - -10.4% - -36.5% -29.1% - -28.6%
S&P 500 Return to Date - - - - - - 74.8% - 37.3% 31.3% - 47.8%
Excess Total Return - - - - - - -85.3% - -73.8% -60.4% - -76.4%
Quartile Rank
Percentile Rank - - - - - - 23% - 18% 14% - 24%
Buyback returns calculated using weighted average buyback price over the last 10 years and comparing to current day stock price value. S&P 500 used as benchmark for excess return.

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