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WSFS-News
WSFS-Events
WSFS Financial Files Automatic Mixed Securities Shelf
WSFS Financial files automatic mixed securities shelf
WSFS Reports Q2 Revenue of $282.5M, Beating Expectations
Reports Q2 revenue $282.5M, consensus $187.29M. Rodger Levenson, Chairman, CEO and President, said, "WSFS performed well in the second quarter with a 31% year-over-year increase in core EPS. Our results included robust growth in noninterest deposits, a double-digit year-over-year increase in Wealth and Trust fees, and solid loan growth. Asset quality continued to trend positively, with improvement across key metrics. Additionally, we continued to execute our capital return framework through dividends and share repurchases, repurchasing over four percent of outstanding shares in the first half of 2026. These results provide momentum for the second half of the year as reflected in our updated full-year outlook."
Company Reports Q1 Revenue of $35.69M
Reports Q1 revenue $35.69M vs. $29.67M last year. Reports Q1 provision for credit losses of $264,000 and a book value per share of $19.19. Performance was primarily driven by net interest margin expanding 50 basis points to 2.97%, alongside increased loan origination volumes at the mortgage banking segment. "We started 2026 on a strong note due to continued net interest margin expansion and increased loan origination volumes at the mortgage banking segment," said CEO William Bruss.
WSFS Reports Q1 Revenue of $275.3M, Beating Consensus
Reports Q1 revenue $275.3M, consensus $268.21M. Rodger Levenson, Chairman, CEO and President, said, "WSFS performed very well in the first quarter as reflected by a 49% year-over-year increase in core EPS. Our results included robust deposit growth, solid C&I loan fundings, and strong performance in our Wealth and Trust segment, which delivered double-digit year-over-year fee revenue growth. Additionally, we continued to execute our capital return framework through dividends and share repurchases. We look forward to building on this momentum as we optimize ongoing franchise investments and grow market share across our diversified businesses."
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