Recommendation mean of Washington Trust Bancorp, Inc.
Mean of recommendations is an average of ratings from different analysts but it should still be used with other research and investment metrics in order to make investment decisions. It is important to understand a firm's entire scale when assimilating ratings. Additionally, analyst recommendations on stocks owned by firms employing them may be seen as potentially biased.
Financial analysts are often employed by mutual and pension funds, hedge funds, securities firms, banks, investment banks, insurance companies, and other businesses, helping these companies or their clients make investment decisions. Financial analysts employed in commercial lending perform "balance sheet analysis," examining the audited financial statements and corollary data in order to assess lending risks. In a stock brokerage house or in an investment bank, they read company financial statements and analyze commodity prices, sales, costs, expenses, and tax rates in order to determine a company's value and project future earnings. In any of these various institutions, the analyst often meets with company officials to gain a better insight into a company's prospects and to determine the company's managerial effectiveness.
Usually, financial analysts study an entire industry, assessing current trends in business practices, products, and industry competition. They must keep abreast of new regulations or policies that may affect the industry, as well as monitor the economy to determine its effect on earnings.
Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company that offers various banking and financial products and services to individuals and businesses. The company operates in two segments, Commercial Banking and Wealth Management Services. The Commercial Banking segment offers deposit accounts, including interest-bearing checking, noninterest-bearing checking, savings, money market, and retirement deposit accounts; and certificates of deposit, as well as debit card, ATM, telephone banking, Internet banking, mobile banking, remote deposit capture, and cash management services. This segment also provides various commercial and retail lending products, which include commercial real estate loans consisting of commercial mortgages, and construction and development loans; commercial and industrial loans; residential real estate loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. The Wealth Management Services segment provides investment management; financial planning; personal trust and estate services, including services as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services, such as custody and fiduciary services. This segment serves personal and institutional clients, and mutual funds. The company also operates as a licensed broker-dealer that markets investment programs, including mutual funds and variable annuities. As of December 31, 2016, it had 10 branch offices located in southern Rhode Island; 10 branch offices located in the greater Providence area in Rhode Island; and 1 branch office located in southeastern Connecticut. The company was founded in 1800 and is headquartered in Westerly, Rhode Island.
|ESSA ESSA Bancorp, Inc.||NASDAQ > Finance > Banks||52.17%|
|BNCL Beneficial Bancorp, Inc.||NASDAQ > Finance > Savings Institutions||52.17%|
|PETS PetMed Express, Inc.||NASDAQ > Health Care > Medical/Nursing Services||52.35%|
|ROL Rollins, Inc.||NYSE > Finance > Diversified Commercial Services||52.35%|
|NUS Nu Skin Enterprises, Inc.||NYSE > Health Care > Other Pharmaceuticals||52.37%|
|LMNR Limoneira Co||NASDAQ > Consumer Non-Durables > Farm Products||52.38%|
|WASH Washington Trust Bancorp, Inc.||NASDAQ > Finance > Major Banks||52.41%|
|PEGI Pattern Energy Group Inc.||NASDAQ > Public Utilities > Electric Utilities: Central||2766.25%|
|AMH American Homes 4 Rent||NYSE > Consumer Services > Real Estate Investment Trusts||3270.65%|
|EOG EOG Resources, Inc.||NYSE > Energy > Oil & Gas Production||3350.00%|
|LAND Gladstone Land Corporation||NASDAQ > Consumer Services > Real Estate Investment Trusts||5206.00%|
|EVA Enviva Partners, LP||NYSE > Basic Industries > Forest Products||10950.00%|
|CAPL CrossAmerica Partners LP||NYSE > Energy > Oil Refining/Marketing||30762.50%|