What is Washington Trust Bancorp Inc worth?
With the base-case assumptions below, a discounted cash flow model on Washington Trust Bancorp Inc's reported free cash flow gives $60.60 per share. The share price was $39.30 on November 10, 2026, 35% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -5.0% | 10.0% | $39.73 | +1% |
| Base | 0.0% | 9.0% | $60.60 | +54% |
| Bull | 5.0% | 8.0% | $99.57 | +153% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $75.04 | $79.37 | $84.66 | $91.27 | $99.77 |
| 8.0% | $64.33 | $67.14 | $70.45 | $74.43 | $79.29 |
| 9.0% | $56.47 | $58.39 | $60.60 | $63.19 | $66.24 |
| 10.0% | $50.46 | $51.82 | $53.37 | $55.14 | $57.18 |
| 11.0% | $45.71 | $46.71 | $47.83 | $49.09 | $50.51 |
Where the presets come from
Base: years 1 to 5 grow at Washington Trust Bancorp Inc's revenue growth rate over the last 5 fiscal years (0.2% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions