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WSFS Financial Q1 2024 Earnings Report

WSFS Financial logo
$56.74 +0.29 (+0.51%)
(As of 10:45 AM ET)

WSFS Financial EPS Results

Actual EPS
$1.11
Consensus EPS
$1.07
Beat/Miss
Beat by +$0.04
One Year Ago EPS
$1.02

WSFS Financial Revenue Results

Actual Revenue
$251.10 million
Expected Revenue
$247.57 million
Beat/Miss
Beat by +$3.53 million
YoY Revenue Growth
+2.20%

WSFS Financial Announcement Details

Quarter
Q1 2024
Time
After Market Closes

Conference Call Resources

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WSFS Financial Earnings Headlines

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About WSFS Financial

WSFS Financial (NASDAQ:WSFS) 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 company also provides a range of loans, which comprise fixed and adjustable rate residential loans; commercial mortgage and commercial loans; commercial construction loans; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion and other business purposes; and consumer credit products, such as home equity loans, home equity lines of credit, automobile loans, unsecured lines of credit, and other secured and unsecured personal installment loans. In addition, it offers insurance products; planning and advisory services, investment management, trust services, and credit and deposit products to individual, corporate and institutional clients; retail securities and insurance brokerage services; mortgage and title services; residential mortgage and refinancing solutions; and leases small equipment and fixed assets, as well as provides financial planning, customized investment strategies, brokerage products, fiduciary, and wealth management services. Further, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering and reconcilement services, armored carrier management, loss protection, and deposit safe cash logistics services, as well as trustee, agency, bankruptcy administration, custodial and commercial domicile services. The company was founded in 1832 and is based in Wilmington, Delaware.

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