WSFS Financial Corporation (WSFS)

NASDAQ: WSFS · Real-Time Price · USD
52.65
-0.11 (-0.21%)
Sep 18, 2024, 4:00 PM EDT - Market closed
-0.21%
Market Cap 3.12B
Revenue (ttm) 959.60M
Net Income (ttm) 273.11M
Shares Out 59.27M
EPS (ttm) 4.51
PE Ratio 11.67
Forward PE 12.28
Dividend $0.60 (1.14%)
Ex-Dividend Date Aug 9, 2024
Volume 313,151
Open 52.78
Previous Close 52.76
Day's Range 51.91 - 54.96
52-Week Range 33.12 - 58.59
Beta 1.01
Analysts Buy
Price Target 61.33 (+16.49%)
Earnings Date Oct 21, 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 3 analysts, the average rating for WSFS stock is "Buy." The 12-month stock price forecast is $61.33, which is an increase of 16.49% from the latest price.

Price Target
$61.33
(16.49% upside)
Analyst Consensus: Buy
Stock Forecasts

News

WSFS Management to Meet with Investors at the 2024 Stephens Bank Forum

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the 2024 Stephens Bank Forum on September 17-18, 2024, in Little Rock...

8 days ago - Business Wire

WSFS Announces Randy Royther as Senior Vice President, Director of Interest Rate Hedging

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce Randy Royther as Senior Vice President, Director of Interest R...

4 weeks ago - Business Wire

9Rooftops Health Highlights Holy Name's Unique Blend of “Science and Soul” in New Brand Campaign

PITTSBURGH--(BUSINESS WIRE)--Holy Name recently selected 9Rooftops Health as its agency of record, and together they have now launched the organization's first campaign.

Other symbols: CLF
4 weeks ago - Business Wire

WSFS Financial Corporation's A- Senior Unsecured Debt Rating Affirmed with Stable Outlook by KBRA, Reflecting Strong Earnings, Liquidity, Capital, and Diversified Fee Revenue

WILMINGTON, Del.--(BUSINESS WIRE)--Kroll Bond Rating Agency (KBRA) has reaffirmed the senior unsecured debt rating of A- for WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”). KBRA a...

5 weeks ago - Business Wire

WSFS Bank Expands Capital Markets Team and International Services with Hires of Michael Burnap and Christian Gil as Senior Vice Presidents, Directors of Trade Finance

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the expansion of its Capital Markets team with the hires of Mi...

6 weeks ago - Business Wire

Melio Named to the 2024 Forbes Cloud 100

SAN FRANCISCO--(BUSINESS WIRE)--Melio, a leading B2B payments platform for small businesses, has been named to the Forbes 2024 Cloud 100, the definitive ranking of the top 100 private cloud companies ...

Other symbols: VERI
6 weeks ago - Business Wire

WSFS Announces John Heiser as Senior Vice President, Senior Private Banking Relationship Manager

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

6 weeks ago - Business Wire

WSFS Financial Corporation (WSFS) Q2 2024 Earnings Call Transcript

WSFS Financial Corporation (NASDAQ:WSFS) Q2 2024 Earnings Conference Call July 26, 2024 1:00 PM ET Company Participants Arthur Bacci - Chief Wealth Officer & Interim CFO Rodger Levenson - Chairman, P...

7 weeks ago - Seeking Alpha

WSFS Reports 2Q 2024 ROA of 1.34% and EPS of $1.16; Results Reflect Loan, Deposit and Diversified Fee Revenue Growth, Net Interest Margin of 3.85%

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

7 weeks ago - Business Wire

WSFS Announces Stacey Ioia as Senior Vice President, Director of Enterprise Fraud Risk Management

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

2 months ago - Business Wire

WSFS CARES Foundation Supports Community Organizations with $200K in Second Quarter Grants

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

2 months ago - Business Wire

WSFS Financial Corporation Announces Second 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 second quarter earnings at the end of business Thursday, July 25, 2...

2 months ago - Business Wire

Nearly 1,500 WSFS Associates Volunteer Across the Region for We Stand for Service Day

WILMINGTON, Del.--(BUSINESS WIRE)--On June 12, 2024, nearly 1,500 WSFS Associates volunteered at more than 130 community organizations across the region as part of WSFS' second annual We Stand for Ser...

3 months ago - Business Wire

WSFS Financial Corp's Baa2 Issuer Rating with a Stable Outlook Affirmed by Moody's, Reflects Strong Capital, Liquidity, Credit, and Diversified Business Model

WILMINGTON, Del.--(BUSINESS WIRE)--Moody's Investors Service has reaffirmed their ratings to WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with an issuer rating of Baa2 and a Sta...

3 months ago - Business Wire

Bryn Mawr Capital Management Announces Jasmine Yu as Senior Vice President and Chief Investment Officer

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Capital Management, is pleased to announce the hire of Jasmine Yu as Senior Vice President...

3 months ago - Business Wire

WSFS Strengthens Executive Leadership Team to Support Next Phase of Growth

WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced today that David Burg will join the Company as Executive Vice President, Chief ...

4 months ago - Business Wire

WSFS Financial Corporation (WSFS) Q1 2024 Earnings Call Transcript

WSFS Financial Corporation (NASDAQ:WSFS) Q1 2024 Earnings Conference Call April 26, 2024 1:00 PM ET Company Participants Art Bacci - Chief Wealth Officer & Interim Chief Financial Officer Rodger Leve...

5 months ago - Seeking Alpha

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...

5 months 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...

5 months 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...

5 months 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...

5 months 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...

6 months 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 ...

6 months 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 months 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 ...

6 months ago - Business Wire