Sector: Financials | Industry: Banks |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 500 Delaware Ave WILMINGTON DE 19801 |
Tel: | N/A |
Website: | https://investors.wsfsbank.com/overview/default.aspx |
IR: | See website |
Key People | ||
Rodger Levenson Chairman of the Board, President, Chief Executive Officer | Arthur J. Bacci Interim Chief Financial Officer, Executive Vice President, Chief Wealth Officer | Lisa M. Brubaker Chief Human Resource Officer, Executive Vice President, Chief Information Officer |
Christine E. Davis Executive Vice President, Chief Risk Officer | Steve Clark Executive Vice President, Chief Commercial Banking Officer | Shari Kruzinski Executive Vice President, Chief Consumer Banking Officer |
Patrick J. Ward Executive Vice President, Pennsylvania Market President of WSFS Bank | Brooke Moyer Senior Vice President and Director of Loan Syndications |
Business Overview |
WSFS Financial Corporation is a savings and loan holding company. The Company operates through its subsidiary, Wilmington Savings Fund Society, FSB (the Bank). The Company's segments include WSFS Bank, Cash Connect and Wealth Management. The WSFS Bank segment provides loans and leases, deposits and other financial products to commercial and consumer customers. WSFS Bank also offers a variety of consumer loan products, retail securities and insurance brokerage services through its branches, and mortgage and title services through WSFS Mortgage. Its Cash Connect segment provides ATM vault cash, smart safe and cash logistics services in the United States, servicing non-bank ATMs and smart safes nationwide and supporting ATMs for WSFS Bank Customers. The Wealth Management segment provides a range of planning and advisory services, investment management, personal and institutional trust services, and credit and deposit products to individual, corporate, and institutional clients. |
Financial Overview |
For the three months ended 31 March 2024, WSFS Financial Corporation interest income increased 16% to $261.6M. Net interest income after loan loss provision increased 4% to $160.1M. Net income increased 5% to $65.8M. Net interest income after loan loss provision reflects Interest and fees on loans increase of 16% to $224.7M, Other interest income increase from $2.9M to $8.8M. |
Employees: | 2,229 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $2,826M as of Mar 31, 2024 |
Annual revenue (TTM): | $1,012M as of Mar 31, 2024 |
EBITDA (TTM): | $339.47M as of Mar 31, 2024 |
Net annual income (TTM): | $272.51M as of Mar 31, 2024 |
Free cash flow (TTM): | N/A |
Net Debt Last Fiscal Year: | $150.71M as of Mar 31, 2024 |
Shares outstanding: | 60,084,000 as of Mar 31, 2024 |
Index Membership: | S&P 600 Small Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |