Education
About Us
Working with TipRanks
Follow Us
Wsfs Financial Corp. (WSFS)
NASDAQ:WSFS
Top Page
Wsfs Financial
(NASDAQ:WSFS)
Rating:75Outperform
Price Target:
$63.00
â–²(8.08% Upside)
Wsfs Financial (WSFS) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$3.27B
Dividend Yield1.1%
Average Volume (3M)324.69K
Price to Earnings (P/E)12.8
Beta (1Y)1.09
Revenue Growth0.30%
EPS Growth1.46%
CountryUS
Employees2,336
SectorFinancial
Sector Strength71
IndustryBanks - Regional
Share Statistics
EPS (TTM)1.27
Shares Outstanding55,969,140
10 Day Avg. Volume275,264
30 Day Avg. Volume324,693
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)N/A
P/FCF RatioN/A
Enterprise Value/Market Cap0.68
Enterprise Value/Revenue1.73
Enterprise Value/Gross Profit2.24
Enterprise Value/Ebitda5.71
Forecast
1Y Price Target
$63.50Price Target Upside8.94% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering3
Wsfs Financial Business Overview & Revenue Model
Company DescriptionWSFS Financial Corporation is a bank holding company based in Wilmington, Delaware, primarily engaged in providing a wide range of financial services through its subsidiary, WSFS Bank. The company operates in the banking sector, offering personal banking, commercial banking, and wealth management services. Its core products include checking and savings accounts, loans, mortgages, credit cards, and investment management services, catering to both individual and business clients across the Mid-Atlantic region.
How the Company Makes MoneyWSFS Financial generates revenue through several key streams, primarily from net interest income and non-interest income. Net interest income is derived from the interest earned on loans and investment securities, minus the interest paid on deposits and other borrowings. The bank offers various loan products, including commercial loans, consumer loans, and mortgages, which contribute significantly to its interest income. Additionally, WSFS earns non-interest income through fees associated with account services, transaction fees, and wealth management services. The company may also engage in partnerships with other financial institutions and entities to expand its service offerings and customer base, further enhancing its revenue potential.
Wsfs Financial Earnings Call Summary
Earnings Call Date:Jul 24, 2025
(Q2-2025)
| % Change Since: |
Next Earnings Date:Oct 27, 2025
Earnings Call Sentiment Positive
The earnings call reflected strong financial performance and strategic growth in core areas, including loan and deposit growth, alongside challenges related to interest rate cuts and specific portfolio sales. The highlights significantly outweigh the lowlights, suggesting an overall positive trend for WSFS.Q2-2025 Updates
Positive Updates
Strong Core Earnings and Returns
Core earnings per share reached $1.27, with a core return on assets of 1.3% and core return on tangible common equity of 18.03%, all up from the previous quarter.
Expansion in Core Net Interest Margin
Core net interest margin expanded by 1 basis point to 3.89%, reflecting a reduction in total funding costs of 9 basis points.
Growth in Core Fee Revenue
Core fee revenue grew 9% quarter-over-quarter, driven by growth in wealth, capital markets, and mortgage sectors.
Increase in Client Deposits
Total client deposits increased by 1% quarter-over-quarter and 5% year-over-year, with noninterest deposits growing 11% year-over-year.
Commercial and Consumer Loan Growth
C&I loan balances grew 2% linked quarter, residential mortgage grew 2%, and HELOCs increased by 8%.
Capital Return through Buybacks
WSFS returned $87.3 million of capital, including $77.7 million in buybacks, representing 2.7% of outstanding shares.
Negative Updates
Challenges with Upstart Sale
Lower net charge-offs primarily driven by the Upstart sale, impacting loan yields and resulting in 30 basis points from net charge-offs.
Decline in Cash Connect Revenues
Cash Connect revenues expected to decline due to interest rate reductions and lower volume, although the decline is offset by funding costs.
Potential Impact of Interest Rate Cuts
Two anticipated 25 basis point rate cuts could impact net interest margin negatively in the short term.
Company Guidance
During WSFS Financial Corporation's Second Quarter 2025 earnings call, Chief Financial Officer David Burg provided detailed guidance reflecting the company's financial performance and future outlook. Key metrics highlighted included a core earnings per share of $1.27, a core return on assets of 1.3%, and a core return on tangible common equity of 18.03%, all showing improvement from the first quarter. The core net interest margin expanded by 1 basis point to 3.89%. WSFS also reported a 9% quarter-over-quarter growth in core fee revenue and a 17% year-over-year increase in its wealth business. Total client deposits rose by 1% quarter-over-quarter and 5% year-over-year, with noninterest deposits growing 11% to represent over 30% of total deposits. The company also returned $87.3 million of capital, including $77.7 million in buybacks. Looking ahead, WSFS anticipates 225 basis point rate cuts by year-end and is raising its return on assets outlook to approximately 1.30%. The net interest margin outlook is adjusted to approximately 3.85%, considering anticipated rate cuts. Moreover, WSFS is focusing on opportunities within its wealth and trust businesses and aims to maintain efficiency at around 60% while continuing its strategic buyback program toward a CET1 capital target of 12%.Wsfs Financial Financial Statement Overview
Summary
WSFS Financial demonstrates strong financial health with consistent profitability and prudent balance sheet management. The income statement reflects robust profitability with a strong gross profit margin of 70.6% and a net profit margin of 18.9%. The balance sheet shows a low debt-to-equity ratio of 0.12, indicating prudent leverage. However, a slight decline in total revenue for TTM and fluctuations in cash flows suggest areas for improvement.Income Statement
The income statement reflects a healthy financial performance with a strong gross profit margin of 70.6% and a net profit margin of 18.9% for TTM, indicating robust profitability. Revenue growth has been consistent over the years, with a notable increase from 2022 to 2023. EBIT and EBITDA margins are stable, highlighting efficient operations. However, a slight decline in total revenue for TTM suggests a potential area to monitor.85
Very Positive
Balance Sheet
The balance sheet reveals a solid financial structure with a low debt-to-equity ratio of 0.12, indicating prudent leverage. The equity ratio stands at 13.0%, reflecting a substantial equity cushion. Return on equity is strong at 9.9%, showcasing effective utilization of equity. The company's asset base is growing, though the equity ratio suggests room for improvement in asset financing strategies.80
Positive
Cash Flow
The cash flow statement shows a decrease in operating cash flow to net income ratio for TTM, indicating effective cash generation relative to earnings. Free cash flow has decreased compared to the previous year, and the free cash flow to net income ratio is healthy at 39.2%. However, fluctuations in investing and financing cash flows suggest potential volatility in cash management.77
Positive
| Breakdown | TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.29B | 1.40B | 1.27B | 963.25M | 641.19M | 708.53M |
| Gross Profit | 995.25M | 982.83M | 926.05M | 874.23M | 735.55M | 506.90M |
| EBITDA | 390.20M | 386.96M | 413.87M | 361.15M | 395.54M | 183.15M |
| Net Income | 266.86M | 263.67M | 269.16M | 222.38M | 271.44M | 114.77M |
Balance Sheet | ||||||
| Total Assets | 20.76B | 20.81B | 20.59B | 19.91B | 15.78B | 14.33B |
| Cash, Cash Equivalents and Short-Term Investments | 4.39B | 1.17B | 1.09B | 832.61M | 1.53B | 1.65B |
| Total Debt | 303.46M | 383.61M | 1.05B | 885.16M | 239.48M | 340.64M |
| Total Liabilities | 18.09B | 18.23B | 18.12B | 17.71B | 13.84B | 12.54B |
| Stockholders Equity | 2.68B | 2.59B | 2.48B | 2.21B | 1.94B | 1.79B |
Cash Flow | ||||||
| Free Cash Flow | 96.41M | 205.64M | 230.60M | 472.05M | 119.07M | 7.98M |
| Operating Cash Flow | 108.12M | 219.90M | 237.00M | 480.85M | 125.65M | 15.14M |
| Investing Cash Flow | 416.11M | -66.73M | -326.26M | -137.37M | -1.49B | -874.94M |
| Financing Cash Flow | -214.45M | -91.25M | 344.90M | -1.04B | 1.24B | 1.94B |
Wsfs Financial Technical Analysis
Positive
58.29
Price Trends
56.61
Positive
54.40
Positive
54.20
Positive
Market Momentum
0.73
Negative
59.17
Neutral
61.72
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For WSFS, the sentiment is Positive. The current price of 58.29 is above the 20-day moving average (MA) of 56.61, above the 50-day MA of 56.61, and above the 200-day MA of 54.20, indicating a bullish trend. The MACD of 0.73 indicates Negative momentum. The RSI at 59.17 is Neutral, neither overbought nor oversold. The STOCH value of 61.72 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for WSFS.
Wsfs Financial Risk Analysis
Wsfs Financial disclosed 33 risk factors in its most recent earnings report. Wsfs Financial reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Wsfs Financial Peers Comparison
Overall Rating
UnderperformOutperform
Sector (68)
Financial Indicators
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
78 Outperform | $3.78B | 15.70 | 5.21% | 2.23% | 21.87% | -3.27% | |
78 Outperform | $3.21B | 16.60 | 10.91% | 3.07% | 11.95% | 14.53% | |
75 Outperform | $3.27B | 12.79 | 10.32% | 1.10% | 0.30% | 1.46% | |
74 Outperform | $3.59B | 11.56 | 10.08% | 3.66% | 17.61% | 1.89% | |
72 Outperform | $3.26B | 13.38 | 9.40% | 4.04% | -2.56% | 12.05% | |
71 Outperform | $3.48B | 12.02 | 10.38% | 2.74% | -0.17% | -0.29% | |
68 Neutral | $18.06B | 11.97 | 10.24% | 3.74% | 9.75% | 1.30% |
* Financial Sector Average
Performance Comparison
WSFS
Wsfs Financial
58.29
7.80
15.45%
CATY
Cathay General Bancorp
49.64
8.82
21.61%
CBU
Community Bank System
59.92
4.25
7.63%
FULT
Fulton Financial
19.38
2.32
13.60%
RNST
Renasant
39.48
7.74
24.39%
FHB
First Hawaiian
25.73
3.40
15.23%
Wsfs Financial Corporate Events
Financial Disclosures
WSFS Financial Reports Strong Q2 2025 Results
Positive
Jul 24, 2025
On July 24, 2025, WSFS Financial Corporation reported its financial results for the second quarter of 2025, highlighting an earnings per share (EPS) of $1.27 and a return on average assets (ROA) of 1.39%. The results were driven by a net interest margin (NIM) of 3.89% and a 9% growth in fee revenue, with $87.3 million returned to shareholders. The company’s strong performance in fee-based businesses and client deposit growth indicates a positive impact on its operations and market positioning.
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.