WASH vs. BAC
Compare and contrast key facts about Washington Trust Bancorp, Inc. (WASH) and Bank of America Corporation (BAC).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: WASH or BAC.
Correlation
The correlation between WASH and BAC is 0.41, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.
Performance
WASH vs. BAC - Performance Comparison
Key characteristics
WASH:
0.31
BAC:
-0.21
WASH:
0.75
BAC:
-0.11
WASH:
1.09
BAC:
0.98
WASH:
0.22
BAC:
-0.21
WASH:
1.01
BAC:
-0.83
WASH:
11.99%
BAC:
7.11%
WASH:
38.30%
BAC:
27.62%
WASH:
-60.33%
BAC:
-93.45%
WASH:
-45.91%
BAC:
-27.51%
Fundamentals
WASH:
$509.47M
BAC:
$261.46B
WASH:
-$1.63
BAC:
$3.21
WASH:
4.01
BAC:
1.40
WASH:
$109.27M
BAC:
$76.07B
WASH:
$109.27M
BAC:
$50.94B
WASH:
$29.08M
BAC:
$38.22B
Returns By Period
In the year-to-date period, WASH achieves a -12.57% return, which is significantly higher than BAC's -21.26% return. Over the past 10 years, WASH has underperformed BAC with an annualized return of 1.19%, while BAC has yielded a comparatively higher 10.66% annualized return.
WASH
-12.57%
-12.12%
-11.81%
13.17%
1.67%
1.19%
BAC
-21.26%
-18.17%
-13.24%
-4.55%
14.26%
10.66%
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Risk-Adjusted Performance
WASH vs. BAC — Risk-Adjusted Performance Rank
WASH
BAC
WASH vs. BAC - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Washington Trust Bancorp, Inc. (WASH) and Bank of America Corporation (BAC). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
Dividends
WASH vs. BAC - Dividend Comparison
WASH's dividend yield for the trailing twelve months is around 8.48%, more than BAC's 2.97% yield.
| TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
WASH Washington Trust Bancorp, Inc. | 8.48% | 5.36% | 6.92% | 4.62% | 3.73% | 4.58% | 3.72% | 3.70% | 2.89% | 2.60% | 3.44% | 3.04% |
BAC Bank of America Corporation | 2.97% | 2.28% | 2.73% | 2.60% | 1.75% | 2.38% | 1.87% | 2.19% | 1.32% | 1.13% | 1.19% | 0.67% |
Drawdowns
WASH vs. BAC - Drawdown Comparison
The maximum WASH drawdown since its inception was -60.33%, smaller than the maximum BAC drawdown of -93.45%. Use the drawdown chart below to compare losses from any high point for WASH and BAC. For additional features, visit the drawdowns tool.
Volatility
WASH vs. BAC - Volatility Comparison
The current volatility for Washington Trust Bancorp, Inc. (WASH) is 11.77%, while Bank of America Corporation (BAC) has a volatility of 15.55%. This indicates that WASH experiences smaller price fluctuations and is considered to be less risky than BAC based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
Financials
WASH vs. BAC - Financials Comparison
This section allows you to compare key financial metrics between Washington Trust Bancorp, Inc. and Bank of America Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities