Is WASHINGTON TRUST BANCORP INC (WASH) Halal?

NASDAQ Financial Services United States $621M
✗ NOT HALAL
Confidence: 95/100
WASHINGTON TRUST BANCORP INC (WASH) is Not Halal under AAOIFI Standard 21 due to its classification in the Banks - Regional industry, which is excluded under Shariah screening. Companies operating in prohibited sectors such as conventional banking, insurance, alcohol, tobacco, and gambling are automatically excluded regardless of their financial ratios.

Shariah Screening — 5 Standards

Based on financial data from December 2025

Standard Debt Ratio Cash Ratio Receivables Income Status
AAOIFI Excluded — Banks - Regional ✗ NOT HALAL
DJIM Excluded — Banks - Regional ✗ NOT HALAL
MSCI Excluded — Banks - Regional ✗ NOT HALAL
S&P Excluded — Banks - Regional ✗ NOT HALAL
FTSE Excluded — Banks - Regional ✗ NOT HALAL

Financial Highlights

P/E Ratio
12.0
Forward: 9.1
EPS
$2.71
Dividend Yield
686.0%
Payout: 82.7%
P/B Ratio
1.1
Revenue
$222M
Beta
0.8
Average volatility

Profitability

Gross Margin 0.0%
Operating Margin 37.3%
Net Margin 23.8%
Return on Equity (ROE) 10.0%
Return on Assets (ROA) 0.8%

Cash Flow & Balance Sheet

Operating Cash Flow$80M
Free Cash Flow$76M
Total Debt$687M
Total Assets$6.6B

Price & Trading

Last Close$33.17
50-Day MA$33.54
200-Day MA$29.87
Avg Volume147K
Beta0.8
52-Week Range
$24.95
$37.08

About WASHINGTON TRUST BANCORP INC (WASH)

CEO
Mr. Edward Otis Handy III
Employees
642
Sector
Financial Services
Industry
Banks - Regional
Country
United States
Exchange
NASDAQ
Market Cap
$621M
Currency
USD

Washington Trust Bancorp, Inc. operates as the bank holding company for The Washington Trust Company, of Westerly that provides various banking and financial services to individuals and businesses. The company operates in two segments, Banking and Wealth Management Services. The Banking segment offers deposit accounts, including noninterest-bearing demand deposits, interest-bearing demand deposits, now accounts, money market accounts, savings accounts, and time deposits; various commercial and retail lending products, such as commercial real estate loans, including commercial mortgages, and construction and development loans; commercial and industrial loans comprising working capital, equipment financing, and financing for other business-related purposes; residential real estate loans that consist of mortgage and homeowner construction loans; and consumer loans comprising home equity loans and lines of credit, personal installment loans, and loans to individuals secured by general aviation aircraft. This segment also provides debit cards; automated teller machines (ATMs); telephone banking, internet banking, mobile banking, remote deposit capture, and other cash management services; and investment portfolio and wholesale funding services. The Wealth Management Services segment offers investment management; financial planning; personal trust and estate services, such as trustee, personal representative, custodian, and guardian; and settlement of decedents' estates, as well as institutional trust services comprising custody and fiduciary services for personal and institutional clients. Washington Trust Bancorp, Inc. was founded in 1800 and is headquartered in Westerly, Rhode Island.

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Frequently Asked Questions

Is WASHINGTON TRUST BANCORP INC (WASH) halal to invest in?

Based on our screening using AAOIFI Standard 21 (the strictest methodology), WASHINGTON TRUST BANCORP INC is Not Halal. The company fails one or more screening criteria. We screen against all 5 major standards: AAOIFI, DJIM, MSCI, S&P, and FTSE.

What is WASHINGTON TRUST BANCORP INC's debt ratio?

WASHINGTON TRUST BANCORP INC's debt ratio is not available under the AAOIFI standard (which uses market capitalization as the denominator). The AAOIFI threshold is 30%.

What are WASHINGTON TRUST BANCORP INC's key financial metrics?

WASHINGTON TRUST BANCORP INC has a market capitalization of $621M, trailing P/E ratio of 12.0, and revenue of $222M. Return on equity stands at 10.0%.

How often is the screening data updated?

Our screening data is updated regularly using the latest available financial statements and market data. Stock prices and market caps are refreshed frequently, while financial statements are updated quarterly when companies report earnings.

Disclaimer: HalalStockGuide.com provides Shariah compliance screening for educational and informational purposes only. This is not a fatwa, financial advice, or a recommendation to buy or sell any security. Screening results are based on publicly available financial data and established methodologies. Always consult a qualified Islamic scholar and a licensed financial advisor before making investment decisions.