COIN
Coinbase Global, Inc.
There isn't enough reported data to score COIN yet.
WASH
Washington Trust Bancorp, Inc.
WASH's fundamentals are mixed: its operating margin rose 6 points to 34%, while earnings per share grew 25%. At 12x earnings, it's trading right at its usual valuation. Analysts expect earnings growth, though they disagree widely on how much.
COIN Fundamentals
| Metric | Status |
|---|---|
| Weak | |
| Under pressure | |
| N/A | |
| N/A |
COIN's revenue and profitability are currently under pressure. Free cash flow and net leverage aren't meaningful measures for financial services companies like COIN.
WASH Fundamentals
| Metric | Status |
|---|---|
| Unavailable | |
| Strong | |
| N/A | |
| N/A |
WASH's profitability is currently strong. There isn't enough data to rate its revenue. Free cash flow and net leverage aren't meaningful measures for financial services companies like WASH.
COIN PE Valuation
COIN has no meaningful PE right now: it lost money over the past year.
WASH PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Cheap | 8.7x | $29.19 | -25% |
| Fair | 11x | $38.02 | -2.4% |
| Forward | 11x | $38.95 | — |
| Current | 12x | $38.95 | — |
| Expensive | 13x | $42.85 | +10% |
Historical ranges are pointers, not guarantees.
WASH's PE is in its fair range at 12x. If earnings grow as analysts expect, today's price would be 11x next year's earnings.
COIN Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Strong growth | |
| Stable | |
| Strongly improving | |
| Moderate | |
| Low |
Analysts expect COIN's earnings to grow and its profitability to improve, with its revenue holding steady. However, they disagree widely on these estimates.
WASH Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Growth | |
| Growth | |
| Improving | |
| Limited | |
| Low |
WASH has the edge over COIN on the outlook, with more favorable revenue expectations.
COIN Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $1.36 | — |
| Q3 2026 | -$2.77 | -124% |
| Q2 2026 | -$3.78 | -137% |
| Q1 2026 | $2.72 | -49% |
| Q4 2025 | $4.45 | -53% |
| Q3 2025 | $11.54 | +94% |
| Q2 2025 | $10.32 | +82% |
| Q1 2025 | $5.32 | +4.1% |
| Q4 2024 | $9.48 | +2462% |
WASH has the stronger earnings trend. Trailing diluted EPS is down 124% for COIN versus WASH up 25%.
WASH Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $3.52 | +5.4% |
| Q3 2024 | $2.68 | -11% |
| Q2 2024 | $2.69 | -22% |
| Q1 2024 | $2.72 | -30% |
| Q4 2023 | $2.82 | -31% |
| Q3 2023 | $3.00 | -30% |
| Q2 2023 | $3.43 | -20% |
| Q1 2023 | $3.91 | -6% |
| Q4 2022 | $4.11 | -6.4% |
WASH's earnings per share have fallen from their peak: $3.34 over the past year, against $4.51 in early 2021.
COIN Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $1.2B | -35% |
| Q2 2026 | $1.2B | -19% |
| Q1 2026 | $1.4B | -31% |
| Q4 2025 | $1.8B | -22% |
| Q3 2025 | $1.9B | +55% |
| Q2 2025 | $1.5B | +3.3% |
| Q1 2025 | $2B | +24% |
| Q4 2024 | $2.3B | +138% |
COIN's revenue has slid since its 2021 peak: $1.2B last quarter, down 35% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 5.1% | -21 points |
| Q2 2026 | -9.3% | -7.7 points |
| Q1 2026 | -1.5% | -36 points |
| Q4 2025 | 15% | -30 points |
| Q3 2025 | 26% | +12 points |
| Q2 2025 | -1.6% | -25 points |
| Q1 2025 | 35% | -12 points |
| Q4 2024 | 46% | +33 points |
COIN's operating margin was 5.1% last quarter, down 21 points from the same quarter a year ago.
WASH Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $65M | +15% |
| Q2 2026 | $60.5M | +11% |
| Q1 2026 | $57.8M | -2.1% |
| Q3 2025 | $56.5M | +16% |
| Q2 2025 | $54.3M | +12% |
| Q1 2025 | $59.1M | +21% |
| Q3 2024 | $48.5M | -0.9% |
| Q2 2024 | $48.2M | +0.9% |
WASH's revenue is growing: $65M last quarter, up 15% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 38% | +13 points |
| Q2 2026 | 34% | +2 points |
| Q1 2026 | 28% | +1.3 points |
| Q4 2025 | 35% | N/A |
| Q3 2025 | 25% | -3.8 points |
| Q2 2025 | 32% | +2.9 points |
| Q1 2025 | 27% | -1.7 points |
| Q3 2024 | 29% | -0.3 points |
WASH has the edge over COIN on profitability, with a higher operating margin.
COIN Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $405.5M | +$1.2B |
| Q2 2026 | $197.3M | -40% |
| Q1 2026 | $182.7M | +$365.5M |
| Q4 2025 | $3.1B | +218% |
| Q3 2025 | -$784.5M | -213% |
| Q2 2025 | $328.5M | -32% |
| Q1 2025 | -$182.7M | -144% |
| Q4 2024 | $964.6M | +$969.8M |
COIN's free cash flow was $3.9B over the past year, more than ten times what it generated the year before. Free cash flow isn't a meaningful measure for financial services companies like COIN.
WASH Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $20.4M | -48% |
| Q2 2026 | $22M | +101% |
| Q1 2026 | $14.8M | +77% |
| Q3 2025 | $39.3M | +61% |
| Q2 2025 | $10.9M | +14% |
| Q1 2025 | $8.4M | +533% |
| Q3 2024 | $24.4M | -17% |
| Q2 2024 | $9.6M | +$32.4M |
WASH's free cash flow was $77M over the past year, down 7.3% from the year before. Free cash flow isn't a meaningful measure for financial services companies like WASH.
COIN Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +9.3% | +24.6M shares |
| 1 year | -1.4% | -4M shares |
| 3 years | +21% | +50.7M shares |
| 5 years | +15% | +37.4M shares |
| Available history | +330% | +221M shares |
COIN has the edge over WASH on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $5.3M |
| Q2 2026 | $181.3M |
| Q1 2026 | $1.1B |
| Q4 2020 | — |
| Q3 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
| Q4 2019 | $10.5M |
WASH Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.3% | +60K shares |
| 1 year | +0.1% | +21K shares |
| 3 years | +13% | +2.2M shares |
| 5 years | +10% | +1.8M shares |
| Available history | +10% | +1.8M shares |
WASH has 19M diluted shares, about the same as a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q4 2025 | $629,000 |
| Q3 2025 | $6.4M |
| Q3 2024 | — |
| Q2 2024 | — |
| Q1 2024 | — |
| Q4 2023 | $73,000 |
| Q3 2023 | — |
COIN Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | -4.4x | Net Cash |
| Q2 2026 | -2.5x | Net Cash |
| Q1 2026 | -2.8x | Net Cash |
| Q4 2025 | -2.3x | Net Cash |
| Q3 2025 | -0.6x | Net Cash |
| Q2 2025 | -1.6x | Net Cash |
| Q1 2025 | -1.6x | Net Cash |
| Q4 2024 | -1.8x | Net Cash |
COIN has the edge over WASH on leverage, with a lower net debt burden relative to earnings.
WASH Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 4.2x | High |
| Q2 2026 | 5.8x | High |
| Q1 2026 | 7.7x | High |
| Q4 2025 | 8.4x | High |
| Q3 2024 | 18.7x | High |
| Q2 2024 | 24.6x | High |
| Q1 2024 | 19.3x | High |
| Q4 2023 | 18.0x | High |
WASH's net debt is about 4.2 years of its operating earnings (EBITDA), down from 19 years a year ago. Net leverage isn't a meaningful measure for financial services companies like WASH.
COIN Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 35.3 | Neutral |
| Stochastic | 5.0 | Oversold |
COIN's weekly RSI is 35 (neutral) and its Stochastic is 5 (oversold).
WASH Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 58.1 | Neutral |
| Stochastic | 52.2 | Neutral |
WASH's weekly RSI is 58 (neutral) and its Stochastic is 52 (neutral).
COIN PE vs Financial Services Sector
| Metric | COIN | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 13x | — |
COIN has no meaningful PE right now: it lost money over the past year.
WASH PE vs Financial Services Sector
| Metric | WASH | Sector median | Relative |
|---|---|---|---|
| PE | 12x | 13x | 10% below |
| PE % | 56 | 63 | 7 pts below |
WASH is trading at 12x earnings, a 10% discount to the Financial Services sector's median of 13x.
COIN Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $163.0 | 20% below |
| 20 week MA | $165.6 | 21% below |
| 50 week MA | $184.4 | 29% below |
| 100 week MA | $232.8 | 44% below |
| 200 week MA | $190.3 | 31% below |
COIN is in a downtrend: it's below all five of its weekly moving averages, and 31% below its 200-week average.
WASH Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $38.3 | 1.6% above |
| 20 week MA | $38.5 | 1.2% above |
| 50 week MA | $35.1 | 11% above |
| 100 week MA | $32.1 | 21% above |
| 200 week MA | $31.2 | 25% above |
WASH has the edge over COIN on trend strength, trading above more of its moving averages.
COIN Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $342.0 | $268.2 | -22% |
| 2022 | $268.2 | $35.5 | -87% |
| 2023 | $35.5 | $173.9 | +390% |
| 2024 | $173.9 | $265.7 | +53% |
| 2025 | $265.7 | $236.9 | -11% |
| 2026 YTD | $236.9 | $130.7 | -45% |
COIN's yearly returns have swung widely, from +390% in 2023 to −87% in 2022. It's down 45% so far in 2026.
WASH Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $54.0 | $44.3 | -18% |
| 2021 | $44.3 | $56.4 | +27% |
| 2022 | $56.4 | $47.6 | -16% |
| 2023 | $47.6 | $32.4 | -32% |
| 2024 | $32.4 | $30.8 | -5% |
| 2025 | $30.8 | $30.2 | -1.8% |
| 2026 YTD | $30.2 | $39.0 | +29% |
WASH has the edge over COIN on returns for 2026, with the stronger performance.