| Washington Trust Bancorp is a bank holding company. Through its subsidiary, The Washington Trust Company, of Westerly (the Bank), Co. provides a range of banking and financial services to individuals and businesses, including commercial, residential and consumer lending, retail and commercial deposit products, and wealth management and trust services. Co. provides a variety of commercial and retail lending products. Commercial loans include commercial real estate and commercial and industrial loans. In addition, the Bank provides a variety of deposit products which consist of demand deposits, NOW accounts, money market accounts, savings accounts and time deposits. We show 55 historical shares outstanding datapoints in our WASH shares outstanding history coverage, used to compute WASH market cap on those dates.|
Understanding the changing numbers of shares outstanding, the changing
share price, and the resulting changing WASH market cap history over the course of time is important for investors
interested in comparing WASH's market cap history versus its peers.
Many "beginner" or "novice" investors will look at one stock trading at a price of $10 per share and another trading at
a price of $20 per share and think the latter company is worth twice as much. Of course, that is a completely meaningless comparison without also knowing how many shares outstanding there are for each of the two companies,
and then calculating their respective market caps. Comparing the share price of WASH versus a peer is one thing; comparing
WASH market cap versus a peer is a completely different story.
Furthermore, via fluctuation both in per-share price and in the number of shares outstanding (via issuance of new shares over time, the repurchase of existing shares),
the market cap for a company like WASH can fluctuate over the course of history.
With this page we aim to empower investors researching WASH by allowing them to research the WASH market cap history.