Washington Trust Bancorp (NASDAQ:WASH) Stock Price Expected to Rise, Keefe, Bruyette & Woods Analyst Says

Posted by Lindsey Winhoffer on Jan 30th, 2026

Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) had its price objective lifted by equities research analysts at Keefe, Bruyette & Woods from $30.00 to $34.00 in a research report issued to clients and investors on Friday,Benzinga reports. The brokerage presently has a “market perform” rating on the financial services provider’s stock. Keefe, Bruyette & Woods’ price target would indicate a potential downside of 0.38% from the stock’s previous close.

Other research analysts also recently issued research reports about the stock. Piper Sandler set a $32.00 price objective on shares of Washington Trust Bancorp in a report on Thursday. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Washington Trust Bancorp in a research report on Wednesday, January 21st. Three investment analysts have rated the stock with a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Washington Trust Bancorp currently has a consensus rating of “Reduce” and a consensus price target of $31.33.

Read Our Latest Research Report on WASH

Washington Trust Bancorp Stock Up 0.3%

Shares of WASH stock traded up $0.11 during mid-day trading on Friday, reaching $34.13. 34,712 shares of the company were exchanged, compared to its average volume of 113,060. The company has a market capitalization of $649.66 million, a P/E ratio of 12.67, a P/E/G ratio of 0.67 and a beta of 0.86. The business’s 50 day simple moving average is $29.94 and its 200 day simple moving average is $28.89. The company has a debt-to-equity ratio of 1.53, a quick ratio of 1.01 and a current ratio of 1.02. Washington Trust Bancorp has a fifty-two week low of $24.95 and a fifty-two week high of $34.95.

Washington Trust Bancorp (NASDAQ:WASH – Get Free Report) last released its earnings results on Wednesday, January 28th. The financial services provider reported $0.83 EPS for the quarter, beating the consensus estimate of $0.75 by $0.08. The business had revenue of $59.25 million during the quarter, compared to analyst estimates of $56.38 million. Washington Trust Bancorp had a net margin of 13.26% and a return on equity of 9.83%. Research analysts predict that Washington Trust Bancorp will post 2.76 earnings per share for the current year.

Institutional Investors Weigh In On Washington Trust Bancorp

A number of institutional investors and hedge funds have recently modified their holdings of the company. Federated Hermes Inc. lifted its holdings in Washington Trust Bancorp by 24.6% during the 2nd quarter. Federated Hermes Inc. now owns 2,130 shares of the financial services provider’s stock valued at $60,000 after purchasing an additional 420 shares during the last quarter. Signaturefd LLC increased its stake in Washington Trust Bancorp by 14.0% in the fourth quarter. Signaturefd LLC now owns 3,911 shares of the financial services provider’s stock valued at $116,000 after acquiring an additional 481 shares during the last quarter. Barrett & Company Inc. grew its position in shares of Washington Trust Bancorp by 10.1% in the 2nd quarter. Barrett & Company Inc. now owns 5,646 shares of the financial services provider’s stock worth $160,000 after buying an additional 518 shares during the last quarter. BNP Paribas Financial Markets lifted its stake in shares of Washington Trust Bancorp by 11.7% in the 3rd quarter. BNP Paribas Financial Markets now owns 5,030 shares of the financial services provider’s stock valued at $145,000 after purchasing an additional 526 shares during the period. Finally, CWM LLC grew its stake in Washington Trust Bancorp by 6.2% in the second quarter. CWM LLC now owns 12,501 shares of the financial services provider’s stock worth $354,000 after purchasing an additional 734 shares during the period. 65.81% of the stock is owned by institutional investors.

Washington Trust Bancorp News Roundup

Here are the key news stories impacting Washington Trust Bancorp this week:

Positive Sentiment: Q4 beat and stronger profitability — Washington Trust reported Q4 EPS of $0.83 versus the $0.75 consensus and revenue of $59.3M vs. $56.4M, with Q4 net income of $16.0M and improved margins/ROE, signaling a return to profit and stronger operating results. Washington Trust Reports Strong Fourth Quarter and Full-Year 2025 Results
Positive Sentiment: Management set forward targets — company outlined a target of roughly 5% loan growth and said it will pursue margin expansion via a ramp in commercial hiring, which supports revenue growth and higher future net interest margin if executed. Washington Trust outlines 5% loan growth target and margin expansion through new commercial hires
Positive Sentiment: Zacks upgraded to Strong Buy across categories — WASH was added to multiple Zacks Rank #1 (Strong Buy) lists (general, growth, value and income), which can attract retail and model-driven flows. New Strong Buy Stocks for January 30th
Positive Sentiment: Full-year profitability turnaround cited — local coverage highlights a larger swing to profit for the company after balance-sheet restructuring and strategic shifts, reinforcing the narrative of operational recovery. Washington Trust swings to $52.2M profit after balance sheet restructuring, strategic pivot
Neutral Sentiment: Broad media coverage and share reaction — national outlets (MarketWatch, MSN) have widely reported the earnings beat and strategic updates; increased attention can amplify volume but doesn’t guarantee sustained gains. Washington Trust Bancorp Gains on Swing to 4Q Profit
Neutral Sentiment: Earnings call and transcript available — management commentary in the earnings call (transcript available) will be important for details on loan pipeline, NIM assumptions and timing of margin improvement. Washington Trust Bancorp, Inc. (WASH) Q4 2025 Earnings Call Transcript

Washington Trust Bancorp Company Profile

(Get Free Report)

Washington Trust Bancorp, Inc is the bank holding company for The Washington Trust Company, a community bank headquartered in Westerly, Rhode Island. Through its subsidiary, the company operates a network of branch offices across Rhode Island and southeastern Connecticut, serving individuals, small businesses and municipalities with a full suite of financial services.

The company’s core business activities encompass retail and commercial banking, including checking and savings accounts, consumer and commercial loans, mortgage financing, and cash management solutions.