WSFS Financial Corporation (WSFS)

NASDAQ: WSFS · IEX Real-Time Price · USD
48.17
-0.19 (-0.39%)
Aug 8, 2022 4:00 PM EDT - Market closed
-0.39%
Market Cap 3.06B
Revenue (ttm) 728.26M
Net Income (ttm) 175.24M
Shares Out 63.59M
EPS (ttm) 3.32
PE Ratio 14.51
Forward PE 15.41
Dividend $0.54 (1.12%)
Ex-Dividend Date Aug 4, 2022
Volume 223,351
Open 48.57
Previous Close 48.36
Day's Range 47.99 - 48.90
52-Week Range 37.03 - 56.30
Beta 1.12
Analysts Buy
Price Target 54.40 (+12.9%)
Earnings Date Jul 25, 2022

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...]

Industry Thrifts & Mortgage Finance
Founded 1980
CEO Rodger Levenson
Employees 2,209
Stock Exchange NASDAQ
Ticker Symbol WSFS
Full Company Profile

Financial Performance

In 2021, WSFS Financial's revenue was $736.22 million, an increase of 43.29% compared to the previous year's $513.80 million. Earnings were $271.44 million, an increase of 136.50%.

Financial Statements

Analyst Forecast

According to 10 analysts, the average rating for WSFS stock is "Buy." The 12-month stock price forecast is 54.4, which is an increase of 12.93% from the latest price.

Price Target
$54.4
(12.93% upside)
Analyst Consensus: Buy
Stock Forecasts

News

WSFS Financial (WSFS) Surpasses Q2 Earnings and Revenue Estimates

WSFS (WSFS) delivered earnings and revenue surprises of 13.33% and 6.69%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?

WSFS Reports 2Q 2022 EPS of $0.94 and ROA of 1.17%; Results Reflect Growth in Loans and Diversified Fee Revenue

Board Approved 15% Dividend Increase and New 10% Share Authorization Board Approved 15% Dividend Increase and New 10% Share Authorization

WSFS CARES Foundation Provides $15,000 in Grants to Seven Local Nonprofits in Conjunction with the Satell Institute C...

WILMINGTON, Del., July 18, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided $15,000 in grants to be split among seven ...

WSFS Financial Corporation Announces Second Quarter 2022 Earnings Release Date and Conference Call

WILMINGTON, Del., July 11, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its second quarter earnings at the end of business July ...

WSFS Announces Sale of BMT Insurance Advisors to Patriot Growth Insurance Services, LLC

WILMINGTON, Del., July 07, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS) today announced it sold the business of BMT Insurance Advisors (BMTIA), an independent insurance brokerage a...

Bryn Mawr Trust Announces David B. Stork as Senior Vice President, Wealth Director in Hershey, Pa.

WILMINGTON, Del., June 22, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced David B. Stork as Senior Vice President, Wealth Dire...

Bryn Mawr Trust Announces James A. Hutchinson as Senior Vice President, Wealth Director in Berwyn, Pa.

WILMINGTON, Del., May 24, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced James A. Hutchinson, CFA has been named Senior Vice P...

WSFS CARES Foundation Provides $75,000 Grant to Homeland Center for Workforce Development Opportunities

WILMINGTON, Del., May 09, 2022 (GLOBE NEWSWIRE) -- The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided a five-year grant totaling $75,000 to the H...

WSFS Associates and Their Families Volunteer Across the Region for Take Your Children to the Community Day

WILMINGTON, Del., May 03, 2022 (GLOBE NEWSWIRE) -- WSFS Associates, their children and family members formed a group of more than 60 volunteers on April 28 across the Greater Philadelphia and Delaware r...

WSFS Management to Hold Meetings with Investors at the D.A. Davidson 24th Annual Financial Institutions Conference

WILMINGTON, Del., April 29, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, will participate at the D.A. Davidson 24th Annual Financial Institutions ...

Bryn Mawr Trust Announces Mark Bradford as Senior Vice President, Market Director

WILMINGTON, Del., April 28, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of Bryn Mawr Trust, today announced Mark Bradford has been named Senior Vice President,...

WSFS Financial Corporation (Nasdaq: WSFS) to Ring The Nasdaq Stock Market Opening Bell

WILMINGTON, Del., April 22, 2022 (GLOBE NEWSWIRE) -- What:

WSFS Financial (WSFS) Lags Q1 Earnings Estimates

WSFS (WSFS) delivered earnings and revenue surprises of -17.50% and 0.04%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?

WSFS Reports 1Q 2022 Results; Successful Close and Integration of Bryn Mawr Trust Into WSFS Bank; Diversified Deposit...

WILMINGTON, Del., April 21, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2022. The ...

Why WSFS Financial (WSFS) Might Surprise This Earnings Season

WSFS Financial (WSFS) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.

WSFS Bank Commits $3 Million for Down Payment Grant Program to Assist Eligible Homebuyers with Financial Support They...

Grants for up to $10,000 for low- and moderate-income borrowers work in conjunction with WSFS Neighborhood Opportunity Program and local, state and federal homebuyer assistance programs Grants for up to...

WSFS Financial (WSFS) Expected to Beat Earnings Estimates: Should You Buy?

WSFS (WSFS) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

WSFS Financial Corporation Announces First Quarter 2022 Earnings Release Date and Conference Call

WILMINGTON, Del., April 13, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its first quarter earnings at the end of business April...

Shilpa Kumar Joins WSFS as Senior Vice President, Head of Corporate Finance

WILMINGTON, Del., April 05, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced Shilpa Kumar as Senior Vice President, Head of Corpor...

Photo Release -- WSFS Announces Combination of Christiana Trust Company of Delaware and The Bryn Mawr Trust Company o...

WILMINGTON, Del., April 04, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) today announced it has completed the merger of Christiana Trust Company of Delaware and The Bryn M...

WSFS Bank Receives the 2022 Gallup Exceptional Workplace Award

WILMINGTON, Del., April 01, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that for the sixth time it has received The Ga...

WSFS Bank Announces Liam Brickley as Senior Vice President, Chief Credit Officer

WILMINGTON, Del., March 29, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today announced that Liam Brickley has been named Senior Vice Preside...

WSFS Financial Corporation to Hold 2022 Annual Meeting Virtually on May 11

In the next phase of succession planning, Mark A. Turner steps aside from WSFS Board after 15 years of dedicated board service In the next phase of succession planning, Mark A. Turner steps aside from W...

Photo Release -- WSFS Completes Conversion of Bryn Mawr Trust into WSFS Bank; Launches Bryn Mawr Trust as the Promine...

WILMINGTON, Del., March 22, 2022 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS”) has completed the brand conversion and systems integration of Bryn Mawr Trust into its primary sub...

WSFS Bank Names Twelve Associates to Senior Leadership

WILMINGTON, Del., March 14, 2022 (GLOBE NEWSWIRE) -- WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that the following 12 Associates from across t...