Washington Trust Bancorp Inc

WASH remains in a Stage 2 corrective reset within its broader uptrend, maintaining a medium-term bullish bias. However, the primary Bullish Exhaustion pattern signals weakening upside momentum, and price has been rejected at rising short-term EMAs. We defer bullish engagement until pullbacks into the EMA zone are absorbed.

• ↑Analysts see 10% annual revenue growth over two years, outpacing 7.9% US banks average
• ↑Q2 net income $16M (+27% QoQ), maintained $0.56 dividend per share (~2.8% yield)
• ↓Weak profitability and growth factors signal pressure on income and expansion