WSFS Financial Corporation (WSFS)

In April 2025, WSFS reported its first-quarter earnings, with an EPS of $1.12 and ROA of 1.29%, approved a dividend increase and share repurchase authorization, and announced the call of legacy Bryn Mawr Trust subordinated debt, while WSFS Bank launched "Early Pay." In May 2025, an investor update presentation was released. In June 2025, Moody's reaffirmed WSFS Financial Corp's Baa2 issuer rating with a stable outlook, and WSFS Associates volunteered over 5,000 hours for "We Stand for Service Day." In July 2025, KBRA reaffirmed WSFS Financial Corp.'s senior unsecured debt rating of A- with a stable outlook, Morningstar DBRS assigned ratings to WSFS Bank and WSFS Financial Corporation with a stable outlook, WSFS reported its second-quarter earnings with an EPS of $1.27 and ROA of 1.39%, and WSFS Bank recommitted to Wilmington with a lease renewal. In September 2025, TD Cowen initiated coverage of WSFS Financial with a "Buy" recommendation, and Zacks upgraded WSFS's rating to "Buy." In October 2025, WSFS Financial Corporation announced its third-quarter earnings release, reporting a Q3 profit of $76.4 million, or $1.37 per share, with adjusted earnings of $1.40 per share, and revenue for Q3 was $344.9 million, with adjusted revenue of $270.5 million, and the stock price closed at $52.74 on October 22, 2025.

While specific seasonal trends for all WSFS products and services are not explicitly detailed, a WSFS Bank Money Trends survey from October 2024 indicated a dynamic consumer environment influenced by economic factors like inflation. Data from Cash Connect in July 2021 suggested a relatively stable demand for cash logistics services. WSFS's residential mortgage and WSFS-originated consumer loan portfolios showed strong growth in Q3 2025, reflecting momentum in their home lending business. The Wealth and Trust business demonstrated strong year-over-year growth in Q3 2025, indicating consistent demand in these specialized areas.

WSFS Financial Corporation is a multibillion-dollar financial services company operating as a savings and loan holding company. WSFS Bank, its primary subsidiary, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region, serving the community since 1832. The company operates within the financial services sector, specifically in the banking and savings industry, and is categorized under major banks. WSFS provides commercial banking, consumer banking, treasury management, and trust and wealth management services. Major products and services include commercial banking (loans, leases, deposits), consumer banking (checking, savings, mortgages), wealth management (planning, investment, trust services), Cash Connect (ATM vault cash and smart safe cash logistics), and other services like WSFS Mortgage, Arrow Land Transfer, and NewLane Finance.

WSFS Financial Corporation's operations are concentrated in the Greater Philadelphia and Delaware region. The company operates from 114 offices, with 88 banking offices, located across Pennsylvania (57), Delaware (39), New Jersey (14), Florida (2), Nevada (1), and Virginia (1). Cash Connect funds over 36,000 ATMs in all 50 states.

WSFS Financial Corporation has maintained a positive brand reputation, evidenced by recognitions and community initiatives. The company was recognized by Gallup as an "Exceptional Workplace" in 2023 for the seventh time since 2016, and celebrated its "We Stand for Service Day" in June 2024, where Associates volunteered over 5,000 hours. In 2024, WSFS Associates volunteered more than 33,000 hours and the WSFS CARES Foundation provided over $3.3 million to nonprofit organizations. The company was also ranked among Forbes' Best Banks in America in 2024, and WSFS Bank and the Philadelphia Union launched a co-branded debit card. However, an "adverse event" in the Cash Connect division led to the termination of a client relationship, resulting in a $2.8 million write-off and $1.9 million in noninterest expenses, but management expressed optimism for Cash Connect's prospects in 2025.

The ownership of WSFS Financial Corporation is predominantly institutional, with institutional investors holding approximately 93.1% of the company's shares, individual insiders holding about 1.22%, and the general public holding around 5.63%. Major institutional shareholders include BlackRock, Inc., The Vanguard Group, Inc., Dimensional Fund Advisors LP, State Street Global Advisors, Inc., Franklin Resources, Inc., Macquarie Investment Management Business Trust, and T. Rowe Price Group, Inc. As of April 14, 2025, Rodger Levenson, Chairman, President, and CEO, held 0.32% of the company's shares, and other key executives include Arthur J. Bacci, David Burg, and Jamie Hopkins.