WSFS Financial (NASDAQ:WSFS) Announces Earnings Results

WSFS Financial (NASDAQ:WSFS) posted its quarterly earnings results on Thursday. The bank reported $1.75 earnings per share for the quarter, beating analysts’ consensus estimates of $1.62 by $0.13, FiscalAI reports. The firm had revenue of $287.57 million during the quarter, compared to the consensus estimate of $289.82 million. WSFS Financial had a return on equity of 11.71% and a net margin of 23.34%. The business’s revenue was up 6.3% compared to the same quarter last year. During the same period last year, the company earned $1.37 earnings per share.

WSFS Financial Stock Performance

WSFS opened at $77.51 on Friday. WSFS Financial has a 12-month low of $50.79 and a 12-month high of $82.94. The stock has a market cap of $3.96 billion, a price-to-earnings ratio of 12.96 and a beta of 0.84. The business has a 50 day moving average of $78.00 and a 200-day moving average of $75.75. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.11.

WSFS Financial Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Shareholders of record on Friday, November 6th will be paid a $0.20 dividend. The ex-dividend date is Friday, November 6th. This represents a $0.80 annualized dividend and a yield of 1.0%. WSFS Financial’s dividend payout ratio is currently 13.38%.

Key Headlines Impacting WSFS Financial

Here are the key news stories impacting WSFS Financial this week:

• Positive Sentiment: WSFS reported third-quarter diluted earnings of $1.75 per share, above the $1.61-$1.62 analyst consensus and up from $1.37 a year earlier. Net income rose to $89.3 million from $76.4 million year over year. WSFS Financial GAAP EPS beats estimates
• Positive Sentiment: Underlying banking trends were favorable: gross loans and leases increased 5% year over year to $13.7 billion, deposits reached $18.4 billion, and wealth and trust fee revenue climbed 30%. Net interest income was $196.6 million, with a 3.88% net interest margin. WSFS third-quarter operating results
• Positive Sentiment: Capital returns continued to enhance the investment case. WSFS repurchased $59.6 million of common stock and approved a quarterly dividend of $0.20 per share, payable November 20, 2026. WSFS Q3 earnings and buybacks
• Neutral Sentiment: Total revenue was $287.6 million, up 6.3% from the prior year but approximately $1.0 million below analyst expectations. The modest revenue miss may limit the upside from the earnings beat. WSFS misses third-quarter sales expectations
• Negative Sentiment: Reported insider activity was weighted toward selling, including sales by President and CEO Rodger Levenson. While these transactions may be unrelated to business fundamentals, they could modestly temper investor sentiment. WSFS insider trading activity

Wall Street Analyst Weigh In

A number of brokerages have recently issued reports on WSFS. Weiss Ratings upgraded WSFS Financial from a “buy (b)” rating to a “buy (b+)” rating in a research note on Monday, August 31st. TD Cowen decreased their target price on shares of WSFS Financial from $92.00 to $89.00 and set a “buy” rating for the company in a research note on Monday, October 5th. Keefe, Bruyette & Woods boosted their target price on shares of WSFS Financial from $83.00 to $89.00 and gave the stock a “market perform” rating in a report on Monday, July 27th. DA Davidson set a $83.00 price target on shares of WSFS Financial and gave the stock a “neutral” rating in a research report on Monday, July 27th. Finally, Stephens lowered shares of WSFS Financial from an “overweight” rating to an “equal weight” rating and set a $87.00 price target on the stock. in a research report on Wednesday, August 12th. Three analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $84.07.

Insider Activity at WSFS Financial

In related news, EVP Shari Kruzinski sold 3,500 shares of the stock in a transaction on Tuesday, July 28th. The stock was sold at an average price of $81.74, for a total value of $286,090.00. Following the sale, the executive vice president owned 15,207 shares in the company, valued at approximately $1,243,020.18. This represents a 18.71% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Michael J. Donahue sold 3,247 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $79.46, for a total value of $258,006.62. Following the sale, the director directly owned 11,495 shares of the company’s stock, valued at $913,392.70. This represents a 22.03% decrease in their position. The SEC filing for this sale provides additional information. Insiders own 1.10% of the company’s stock.

About WSFS Financial

WSFS Financial Corporation is the financial holding company for WSFS Bank, a full-service community banking institution headquartered in Wilmington, Delaware. Founded in 1832, WSFS is one of the oldest and largest locally managed banks in the Delaware Valley.

WSFS Bank provides a range of banking services for individuals, families, businesses and institutions. Its offerings include checking and savings accounts, consumer lending, residential mortgages, commercial loans, treasury and cash-management services, and online and mobile banking.