Carlyle Secured Lending, Inc. (CGBD) vs Washington Trust Bancorp, Inc. (WASH)

A side-by-side comparison of Carlyle Secured Lending, Inc. and Washington Trust Bancorp, Inc. across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of October 6, 2026. Differences are shown without an overall score or investment verdict.

Compare

Total return — CGBD vs WASH

growth of $100 · dividends reinvested · last 9y
CGBD +85.9% (+7.1%/yr)WASH +24.4% (+2.5%/yr)CGBD compounded faster over this window
50100150200250Start $1002019202120232025$186$124
CGBD WASH

CGBD vs WASH: by the numbers

  • •CGBD is the larger company ($735M vs $727M market cap).
  • •WASH trades at the lower trailing earnings multiple (13.24 vs 20.74 P/E), one valuation lens rather than an overall verdict.
  • •CGBD converts more revenue to profit (15.53% vs 14.51% net margin).
  • •WASH grew revenue faster over the past five years (8.46% vs 4.70% CAGR).
  • •CGBD pays the higher dividend yield (14.68% vs 5.88%).

Metrics side by side

Valuation

MetricCGBDWASH
P/E ratio20.7413.24
Forward P/E7.5011.87
PEG ratio0.32N/A
P/S ratio3.081.90
P/B ratio0.681.31

Profitability

MetricCGBDWASH
Gross margin70.90%N/A
Operating margin86.18%18.58%
Net margin15.53%14.51%
ROE3.43%10.01%

Washington Trust Bancorp, Inc.: Gross margin is not shown for a lender or insurer: its revenue is interest, premiums and fees rather than the sale of goods, so there is no cost of goods sold to measure it against.

Dividends

MetricCGBDWASH
Dividend yield14.68%5.88%
Payout ratio304.10%77.78%

Growth (annualized)

MetricCGBDWASH
Revenue CAGR (5Y)4.70%8.46%
EPS CAGR (5Y)66.10%-7.56%
Total return CAGR (5Y)7.44%-0.14%

Frequently asked

Which has the lower trailing P/E, CGBD or WASH?
WASH has the lower trailing P/E: CGBD trades at 20.74 and WASH at 13.24. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, CGBD or WASH?
Over the past five years, WASH grew revenue faster — CGBD at a 4.70% CAGR versus WASH at 8.46%.
Does CGBD or WASH pay a bigger dividend?
CGBD yields 14.68% and WASH yields 5.88% based on trailing dividends and the latest price.
Is CGBD or WASH more profitable?
CGBD runs the higher net margin — CGBD at 15.53% versus WASH at 14.51%.
How have CGBD and WASH total returns compared?
Over the past 5 years, CGBD delivered 7.44% and WASH delivered -0.14% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified October 6, 2026.