Recent Updates — WSFS

WSFS Financial Corporation reported third-quarter 2026 earnings per share of $1.75, reflecting a 28% increase from the prior year period and a 5% rise sequentially. Net income attributable to WSFS reached $89.3 million, driven by a net interest margin expansion to 3.88% and a 30% year-over-year growth in Wealth and Trust fees. The company returned $69.8 million to shareholders through capital activities, including the repurchase of $59.6 million in common stock and quarterly dividend payments totaling $10.2 million. WSFS Financial Corporation operates as a financial services holding company with its primary subsidiary, WSFS Bank, providing commercial banking, consumer banking, and wealth management services.

WSFS Financial Corporation announced three executive leadership changes effective October 6, 2026. Michael Thompson was appointed Senior Vice President and Interim Chief Accounting Officer, succeeding Charles Mosher. Mosher was named Executive Vice President and Chief Audit Executive. Lisa Washington was promoted to Executive Vice President, Chief Legal Officer and Corporate Secretary. WSFS Financial Corporation is a multibillion-dollar financial services company operating WSFS Bank, providing commercial banking, consumer banking, treasury management, and trust and wealth management services in the Greater Philadelphia and Delaware region.

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.