WSFS Financial Corporation (OQ:WSFS)

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
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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

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