Wsfs Financial ( (WSFS) ) has released its Q1 earnings. Here is a breakdown of the information Wsfs Financial presented to its investors.
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WSFS Financial Corporation is a financial services company operating primarily in the Greater Philadelphia and Delaware region, offering a range of services including commercial banking, consumer banking, and wealth management. In its first-quarter earnings report for 2025, WSFS Financial reported an earnings per share (EPS) of $1.12, a return on average assets (ROA) of 1.29%, and a net interest margin (NIM) of 3.88%. The company also announced a 13% increase in its quarterly dividend and authorized a 10% share repurchase. Key financial highlights include a net income of $65.9 million, a slight decrease in net interest income compared to the previous quarter, and a 6% increase in core fee revenue year-over-year, driven by strong performance in the Wealth and Trust segment. The company’s asset quality metrics showed stable credit conditions, although there was a notable charge-off related to a non-performing commercial loan. Looking ahead, WSFS Financial remains focused on enhancing shareholder value through strategic capital management and maintaining strong asset quality amid uncertain economic conditions.