B+
Bull case
25%
Probability
Target price
$39.00
Analysis reference price unavailable
Analysis 2026-04-21 · RankAlpha Sentiment Codex
WASH
Washington Trust BancorpCNasdaq / Banks
Last Price
Quote time unavailable
Current thesis
The constructive case is that Q1 showed real improvement in core earnings power: NIM expanded, net income improved versus the year-ago period, in-market deposits were higher year over year, wholesale borrowings were reduced, capital remained comfortably above well-capitalized thresholds, and the dividend was maintained. If the office-loan issue stays contained, WASH could grind back toward a cleaner community-bank earnings profile.
Posture
Mixed
Lead driver
Sentiment
What changed
Sentiment remains the lead driver in the composite, 7D delta +1.8.
What can break
Commercial real estate office exposure worsens beyond the two loans already moved to nonaccrual status.
Momentum
77
Value
53
Sentiment
53
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $35.00 · Bull $39.00 · Bear $30.00Analysis 2026-04-21; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-08-17 • Vendor: Data Vendor v1
Scores
As of 2026-09-09 • Model: HYBRID_IC_RP
AI Memo
As of 2026-04-21 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-09-09
Investment thesis
As of 2026-09-09
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-09-09. Definitions
Supporting evidence
What
Grade C · Mixed
Confidence Medium · Net Neutral
Target $38.00
Why
Momentum77 · Δ7d +3.3
Value53 · Δ7d -0.0
Sentiment53 · Δ7d +1.8
So what
Balanced signals (Net Neutral). Wait for confirmation before sizing up.
Confirming evidence
- • Sentiment remains the lead driver in the composite, 7D delta +1.8.
Contradictions & invalidation
- • Commercial real estate office exposure worsens beyond the two loans already moved to nonaccrual status.
- • Deposit mix deteriorates or funding costs rise, reducing the benefit of the prior balance-sheet repositioning.
- • The cautious case is that the new office-related nonaccruals are an early warning rather than a one-off.
Catalyst clock
2026-04-21
Q1 2026 earnings call tests whether margin improvement can offset new credit pressure
Lead driver: Sentiment · See AI snapshot
Momentum
77
9% active weight
Current posture
7d trendFlat
Δ7d
+3.3
Δ21d
-1.3
Value
53
28% active weight
Current posture
7d trendFlat
Δ7d
-0.0
Δ21d
-0.0
Sentiment
53
62% active weight
Current posture
7d trendImproving
Δ7d
+1.8
Δ21d
+3.1
Why this grade
Composite grade C. Momentum 77.1 / Value 53.0 / Sentiment 53.5
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-04-21. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$35.00
Analysis reference price unavailable
Analysis 2026-04-21 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$30.00
Analysis reference price unavailable
Analysis 2026-04-21 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-08-17
Fundamentals (TTM)
As of 2026-08-17
Market Cap
$767.17M
Beta
0.87
Shares Out
19.07M
P/E (TTM) · Derived
14.8
P/S (TTM)
4.50
P/FCF (TTM)
17.26
Rev YoY
-2.3%
EPS YoY
+21.7%
Gross Margin
-
Op Margin
+18.7%
Net Debt
$657.93M
Current Ratio
0.04
As of 2026-09-09 • Updated nightlySource: Internal modelMethods & Data