WSFS Financial Corporation (WSFS)

NASDAQ: WSFS · IEX Real-Time Price · USD
42.98
-1.55 (-3.48%)
Apr 26, 2024, 10:50 AM EDT - Market open
-3.48%
Market Cap 2.60B
Revenue (ttm) 926.90M
Net Income (ttm) 269.16M
Shares Out 60.28M
EPS (ttm) 4.40
PE Ratio 9.77
Forward PE 10.14
Dividend $0.60 (1.40%)
Ex-Dividend Date Feb 8, 2024
Volume 42,367
Open 43.89
Previous Close 44.53
Day's Range 42.98 - 44.37
52-Week Range 29.59 - 47.97
Beta 1.01
Analysts Buy
Price Target 43.00 (+0.05%)
Earnings Date Apr 25, 2024

About WSFS

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities. The compan... [Read more]

Sector Financials
Founded 1980
Employees 2,229
Stock Exchange NASDAQ
Ticker Symbol WSFS
Full Company Profile

Financial Performance

In 2023, WSFS Financial's revenue was $926.90 million, an increase of 5.94% compared to the previous year's $874.94 million. Earnings were $269.16 million, an increase of 21.04%.

Financial Statements

Analyst Forecast

According to 2 analysts, the average rating for WSFS stock is "Buy." The 12-month stock price forecast is $43.0, which is an increase of 0.05% from the latest price.

Price Target
$43.0
(0.05% upside)
Analyst Consensus: Buy
Stock Forecasts

News

WSFS Reports 1Q 2024 ROA of 1.28% and EPS of $1.09; Annualized Loan Growth of 7%; Reflects Balance Sheet Strength and Diverse Business Model

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2024. Selected financial r...

19 hours ago - Business Wire

WSFS Announces Brooke Moyer as Senior Vice President and Director of Loan Syndications

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Brooke Moyer as Senior Vice President and Director...

7 days ago - Business Wire

WSFS Bank Launches Early Pay, Enabling Customers to Receive Eligible Direct Deposits Early

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced it has launched Early Pay, which allows Customers to receive eligible direc...

11 days ago - Business Wire

WSFS Financial Corporation Announces First Quarter 2024 Earnings Release Date and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its first quarter earnings at the end of business Thursday, April 25, 2...

14 days ago - Business Wire

WSFS CARES Foundation Provides More Than $185K in First Quarter Grants to Community Organizations

WILMINGTON, Del.--(BUSINESS WIRE)--The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to five organizations as part of its continuing se...

4 weeks ago - Business Wire

Reverse Mortgages Can Provide Needed Cash Flow and Flexibility, But Educational Opportunities Still Exist, WSFS Mortgage Study Reveals

WILMINGTON, Del.--(BUSINESS WIRE)--According to a new study from WSFS Mortgage, a division of WSFS Bank (Nasdaq: WSFS), most homeowners with knowledge of reverse mortgages agree they can allow you to ...

5 weeks ago - Business Wire

WSFS Announces Jamie Tranfalia as Senior Vice President and Senior Middle Market Team Leader

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Jamie Tranfalia as Senior Vice President and Senio...

6 weeks ago - Business Wire

WSFS Names 10 Associates to Senior Leadership Positions

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that the following 10 Associates from across the organization ...

7 weeks ago - Business Wire

Bryn Mawr Trust Announces Donald Lyons, CFP®, NSSA® and Angela S. Wagner, J.D.

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, is pleased to announce Donald Lyons, CFP®, NSSA® and Angela S. Wagner, J.D., CEPA® ...

2 months ago - Business Wire

WSFS Management to Hold Meetings with Investors at the 2024 KBW Winter Financial Services Conference

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2024 KBW Winter Financial Services Conference on February 15, 202...

2 months ago - Business Wire

WSFS CARES Foundation Provided $2.7 Million in Charitable Grants and Contributions in 2023

WILMINGTON, Del.--(BUSINESS WIRE)--The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it provided grants and donations totaling more than $2.7 million to more ...

2 months ago - Business Wire

WSFS Reports 4Q 2023 EPS of $1.05 and ROA of 1.25%; Reflects Strong Deposit and Fee Revenue Growth, NIM of 3.99%; Full Year EPS of $4.40 and ROA of 1.33%

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the fourth quarter of 2023. Selected financial ...

3 months ago - Business Wire

WSFS Announces Nara Lilly as Senior Vice President, Privacy Officer

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Nara Lilly.

3 months ago - Business Wire

WSFS Financial Corporation Announces Fourth Quarter and Full-Year 2023 Earnings Release Date and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Thursd...

3 months ago - Business Wire

WSFS Celebrates Grand Opening of 1818 WSFS Bank Place Banking Office and Wiss Fiss Lounge

PHILADELPHIA--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today celebrated the Grand Opening of its banking office and the accompanying Wiss Fiss L...

3 months ago - Business Wire

WSFS Announces Lisa Brubaker as Executive Vice President, Chief Human Resources Officer

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced today that Lisa Brubaker will assume the role of Executive Vice President, ...

4 months ago - Business Wire

Bryn Mawr Trust Announces Chris Ginder as Senior Vice President, Senior Investment Advisor

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, is pleased to announce the hire of Chris Ginder as Senior Vice President, Senior In...

4 months ago - Business Wire

WSFS CARES Foundation Provides $10,000 Grant to Minds Matter of Philadelphia, Inc.

WILMINGTON, Del.--(BUSINESS WIRE)--The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided a $10,000 grant.

4 months ago - Business Wire

WSFS Management to Participate in D.A. Davidson's Mid-Atlantic Bank Summit

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will hold meetings at the Mid-Atlantic Bank Summit hosted by D.A. Davidson.

5 months ago - Business Wire

WSFS Management to Hold Meetings with Investors at Piper Sandler's East Coast Financial Services Conference

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at Piper Sandler's East Coast Financial Services Conference. Rodger Leve...

6 months ago - Business Wire

WSFS Reports 3Q 2023 EPS of $1.22 and ROA of 1.45%; Solid Loan Growth, NIM of 4.08%, and Fee Revenue Increase of 9%; Continued Strong Liquidity and Capital Levels

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the third quarter of 2023. Selected financial r...

6 months ago - Business Wire

WSFS Bank Joins Forces with Sharing Excess and Sunday Breakfast Mission to Battle Food Insecurity Across the Region

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced the launch of its annual Food Drive to combat food insecurity across ...

7 months ago - Business Wire

WSFS Financial Corporation Announces Third Quarter Earnings Release Date and Conference Call

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its third quarter earnings at the end of business Monday, October 23, 2...

7 months ago - Business Wire

WSFS Financial Corporation Expands into Collateralized Loan Obligations Market, Adds New Team Members

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) today announced its Global Capital Markets team's expansion into the Collateralized Loan Obligati...

7 months ago - Business Wire

WSFS Announces Alyson Beasley Bradley as Senior Vice President, Chief Auditor; Jeffrey Goodman as Senior Vice President, General Counsel; and Frank McGrane as Senior Vice President, Deputy Chief Credit Officer

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hires of Alyson Beasley Bradley as Senior Vice President, ...

7 months ago - Business Wire