WSFS Financial Corporation (WSFS)

WSFS Financial Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest Income on Loans	910.43	918.38	845.27	582.75	393.25	460.39
Interest Income on Investments	142.41	145.2	131.25	121.06	63.12	54.01
Total Interest Income	1,053	1,064	976.52	703.82	456.37	514.41
Interest Paid on Deposits	306.99	308.68	209.82	28.18	14.92	39.26
Interest Paid on Borrowings	40.48	49.47	41.6	12.74	7.8	9.19
Total Interest Expense	347.46	358.14	251.42	40.93	22.72	48.45
Net Interest Income	705.38	705.44	725.1	662.89	433.65	465.96
Net Interest Income Growth (YoY)	-1.74%	-2.71%	9.38%	52.86%	-6.93%	4.72%
Trust Income	153.3	146.95	131.05	121.61	62.35	48.98
Mortgage Banking Activities	7.72	7.57	4.8	7.27	23.22	30.2
Gain (Loss) on Sale of Investments	2.31	2.31	12.32	11.38	4.77	31.89
Other Non-Interest Income	67.92	68.73	56.59	55.3	43.58	34.94
Total Non-Interest Income	345.96	340.92	289.87	260.13	185.48	201.03
Non-Interest Income Growth (YoY)	14.33%	17.61%	11.43%	40.25%	-7.73%	6.87%
Revenues Before Loan Losses	1,051	1,046	1,015	923.02	619.13	666.98
Provision for Loan Losses	63.62	61.41	88.07	48.09	-117.09	153.18
Revenue	987.71	984.95	926.9	874.94	736.22	513.8
Revenue Growth (YoY)	4.38%	6.26%	5.94%	18.84%	43.29%	-15.42%
Salaries and Employee Benefits	326.65	319.98	279.19	274.91	207.87	191.22
Federal Deposit Insurance	10.76	12.17	15.89	6.1	4.08	2.15
Selling, General & Administrative	147.82	144.77	146.53	180.23	114.92	100.36
Other Non-Interest Expense	151.02	156.46	119.41	89.92	63.55	65.43
Total Non-Interest Expense	637.96	635.5	561.86	551.85	391.08	366.05
EBT Excluding Unusual Items	349.76	349.45	365.04	323.08	345.13	147.75
Legal Settlements	-	-	-	-	15	-
Other Unusual Items	-	-	-	-	-1.09	-2.28
Pretax Income	347.3	347.26	365.27	300.61	357.7	144.96
Income Tax Expense	83.66	83.76	96.25	77.96	86.1	31.64
Earnings From Continuing Operations	263.64	263.5	269.03	222.65	271.61	113.32
Minority Interest in Earnings	0.17	0.18	0.13	-0.27	-0.16	1.45
Net Income	263.81	263.67	269.16	222.38	271.44	114.77
Net Income to Common	263.81	263.67	269.16	222.38	271.44	114.77
Net Income Growth	-3.19%	-2.04%	21.04%	-18.08%	136.50%	-22.87%
Basic Shares Outstanding	59	60	61	63	48	51
Diluted Shares Outstanding	59	60	61	64	48	51
Shares Change (YoY)	-2.70%	-2.42%	-3.83%	33.45%	-5.63%	2.00%
EPS (Basic)	4.46	4.43	4.40	3.50	5.71	2.27
EPS (Diluted)	4.44	4.41	4.40	3.49	5.69	2.27
EPS Growth	-0.91%	0.23%	26.07%	-38.66%	150.66%	-24.33%
Dividend Per Share	0.450	0.600	0.600	0.560	0.510	0.480
Dividend Growth	-25.00%	-	7.14%	9.80%	6.25%	2.13%
Effective Tax Rate	24.09%	24.12%	26.35%	25.93%	24.07%	21.82%

Updated Apr 24, 2025. Source: S&P Global Market Intelligence. Banks template. Financial Sources.

SEC Filings: 10-K · 10-Q