WSFS Financiall reports Q1 EPS 34c vs. 17c last year

Reports Q1 revenue $35.69M vs. $29.67M last year. Reports Q1 provision for credit losses of $264,000 and a book value per share of $19.19. Performance was primarily driven by net interest margin expanding 50 basis points to 2.97%, alongside increased loan origination volumes at the mortgage banking segment. “We started 2026 on a strong note due to continued net interest margin expansion and increased loan origination volumes at the mortgage banking segment,” said CEO William Bruss.