Recent Updates — WSFS
WSFS Financial Corporation reported second quarter 2026 financial results, featuring diluted earnings per share of $1.63 and a return on average assets of 1.52%. Net interest income rose to $192.5 million, up from $179.5 million in 2Q 2025. The company's fiduciary assets exceeded $100 billion as of June 30, 2026. Wealth and Trust fee revenue grew 17% year-over-year, while client deposits increased 11% compared to the same period last year. During the quarter, the company returned $76.6 million to shareholders through $66.2 million in stock repurchases and $10.4 million in dividends. WSFS Financial Corporation is a financial services company providing banking, wealth management, and treasury services.
WSFS Financial Corporation announced a partnership with Elan Financial Services to issue WSFS-branded credit cards and simultaneously sold its credit card portfolio to Elan. The transaction, involving a portfolio with a $36.3 million outstanding book balance as of May 31, 2026, is expected to reflect a gain of approximately $1.7 million and a provision release of approximately $1.3 million in the second quarter of 2026. WSFS Financial Corporation is a financial services company providing banking and credit card services.