As of June 12, 2025, Washington Trust Bancorp Inc (WASH) reports a Current Ratio of 1.86.
Current Ratio assesses a company's ability to pay short-term debts by comparing liquid assets to liabilities, with higher ratios signaling better financial health.
Comparing Washington Trust Bancorp Inc's Current Ratio to Peers
To better understand Washington Trust Bancorp Inc's position, it's useful to compare its Current Ratio against industry peers. Below are selected comparisons:
| Company | Current Ratio |
|---|---|
| Washington Trust Bancorp Inc (WASH) | 1.86 |
| Peapack-Gladstone Financial Corp (PGC) | 1.86 |
| German American Bancorp Inc (GABC) | 1.86 |
| Hanmi Financial Corp (HAFC) | 1.86 |
| Republic Bancorp Inc (RBCAA) | 1.86 |
| Great Southern Bancorp Inc (GSBC) | 1.86 |
Compared to its competitors, Washington Trust Bancorp Inc's Current Ratio is higher than all peers, indicating strong short-term financial flexibility but potentially excess cash that could be invested.