NASDAQ : WSFS
WSFS Financial Corporation — Financial statements
Financials · Banks - Regional · United States
Last price 78.47 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 3.98B
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest Income on Loans | 839.38M | 863.25M | 918.38M | 845.27M | 582.75M | 393.25M |
| Interest Income on Investments | 187.77M | 156.43M | 145.20M | 131.25M | 121.06M | 63.12M |
| Total Interest Income | 1.03B | 1.02B | 1.06B | 976.52M | 703.82M | 456.37M |
| Interest Paid on Deposits | 247.67M | 278.26M | 308.68M | 209.82M | 28.18M | 14.92M |
| Interest Paid on Borrowings | 17.90M | 15.34M | 49.47M | 41.60M | 12.74M | 7.80M |
| Total Interest Expense | 265.57M | 293.60M | 358.14M | 251.42M | 40.92M | 22.72M |
| Net Interest Income | 761.58M | 726.09M | 705.44M | 725.10M | 662.89M | 433.65M |
| Trust Income | 199.64M | 169.45M | 146.94M | 131.05M | 121.61M | 62.35M |
| Mortgage Banking Activities | 6.78M | 8.36M | 7.57M | 4.80M | 7.27M | 23.22M |
| Gain (Loss) on Sale of Investments | -7.89M | -3.10M | 2.31M | 12.32M | 11.38M | 4.77M |
| Other Non-Interest Income | 66.59M | 65.31M | 68.73M | 56.59M | 55.30M | 43.58M |
| Total Non-Interest Income | 355.58M | 339.90M | 340.92M | 289.87M | 260.13M | 185.48M |
| Revenues Before Loan Losses | 1.12B | 1.07B | 1.05B | 1.01B | 923.02M | 619.13M |
| Provision for Loan Losses | 24.11M | 49.21M | 61.41M | 88.07M | 48.09M | -117.09M |
| Revenue | 1.09B | 1.02B | 984.95M | 926.90M | 874.93M | 736.22M |
| Salaries and Employee Benefits | 361.52M | 343.33M | 319.98M | 279.19M | 274.90M | 207.87M |
| Federal Deposit Insurance | 10.24M | 10.29M | 11.27M | 15.89M | 6.10M | 4.08M |
| Selling, General & Administrative | 153.15M | 151.61M | 144.76M | 146.53M | 180.23M | 114.92M |
| Other Non-Interest Expense | 117.13M | 125.92M | 156.46M | 119.41M | 89.92M | 63.55M |
| Total Non-Interest Expense | 648.75M | 634.13M | 634.60M | 561.86M | 551.85M | 391.08M |
| EBT Excluding Unusual Items | 444.31M | 382.65M | 350.35M | 365.04M | 323.08M | 345.13M |
| Legal Settlements | 15.00M | |||||
| Other Unusual Items | -1.15M | -1.50M | -900.00K | -1.09M | ||
| Pretax Income | 440.46M | 380.61M | 347.26M | 365.27M | 300.61M | 357.70M |
| Income Tax Expense | 107.28M | 93.36M | 83.76M | 96.25M | 77.96M | 86.09M |
| Earnings From Continuing Operations | 333.18M | 287.25M | 263.50M | 269.02M | 222.65M | 271.61M |
| Minority Interest in Earnings | 20.00K | 100.00K | 176.00K | 131.00K | -273.00K | -163.00K |
| Net Income | 333.20M | 287.35M | 263.67M | 269.16M | 222.38M | 271.44M |
| Net Income to Common | 333.20M | 287.35M | 263.67M | 269.16M | 222.38M | 271.44M |
| Basic Shares Outstanding | 52.41M | 56.28M | 59.55M | 61.11M | 63.45M | 47.54M |
| Diluted Shares Outstanding | 52.60M | 56.47M | 59.74M | 61.22M | 63.66M | 47.70M |
| EPS (Basic) | 6.36 | 5.11 | 4.43 | 4.40 | 3.50 | 5.71 |
| EPS (Diluted) | 6.34 | 5.09 | 4.41 | 4.40 | 3.49 | 5.69 |
| Dividend Per Share | 0.74 | 0.66 | 0.60 | 0.60 | 0.56 | 0.51 |
| Effective Tax Rate | 24.36% | 24.53% | 24.12% | 26.35% | 25.93% | 24.07% |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 1.93B | 1.69B | 1.15B | 1.09B | 832.61M | 1.53B |
| Investment Securities | 22.55M | 381.14M | 379.96M | 384.03M | 406.53M | 321.56M |
| Trading Asset Securities | 145.50M | 170.49M | 153.65M | 156.99M | 5.15M | |
| Mortgage-Backed Securities | 4.62B | 4.14B | 4.16B | 4.54B | 4.82B | 4.98B |
| Total Investments | 4.64B | 4.67B | 4.71B | 5.08B | 5.39B | 5.31B |
| Gross Loans | 13.66B | 13.37B | 13.31B | 12.88B | 12.01B | 7.94B |
| Allowance for Loan Losses | -185.00M | -179.65M | -195.28M | -186.13M | -151.86M | -94.51M |
| Other Adjustments to Gross Loans | -109.67M | -122.85M | -114.34M | -95.68M | -55.07M | |
| Net Loans | 13.48B | 13.08B | 13.00B | 12.58B | 11.76B | 7.79B |
| Property, Plant & Equipment | 183.21M | 217.15M | 235.09M | 253.78M | 231.43M | |
| Goodwill | 885.22M | 885.90M | 885.90M | 883.64M | 472.83M | |
| Other Intangible Assets | 958.11M | 80.22M | 96.94M | 112.62M | 122.55M | 71.11M |
| Loans Held for Sale | 61.57M | 49.70M | 29.27M | 42.98M | 113.35M | |
| Accrued Interest Receivable | 80.28M | 84.67M | 85.98M | 74.45M | 41.60M | |
| Restricted Cash | 6.53M | 1.70M | 4.27M | 4.65M | 5.05M | |
| Other Real Estate Owned & Foreclosed | 11.85M | 200.00K | 5.20M | 1.57M | 833.00K | 2.32M |
| Other Long-Term Assets | 1.10B | 562.47M | 597.41M | 476.57M | 527.36M | 202.57M |
| Total Assets | 22.11B | 21.31B | 20.81B | 20.59B | 19.91B | 15.78B |
| Interest Bearing Deposits | 12.33B | 11.64B | 11.60B | 11.24B | 10.28B | 8.54B |
| Institutional Deposits | 428.22M | 446.44M | 312.08M | 182.75M | 130.05M | |
| Non-Interest Bearing Deposits | 6.06B | 5.58B | 4.99B | 4.92B | 5.74B | 4.57B |
| Total Deposits | 18.38B | 17.64B | 17.03B | 16.47B | 16.20B | 13.24B |
| Short-Term Borrowings | 140.60M | 183.61M | 737.68M | 561.90M | 47.82M | |
| Current Portion of Leases | 17.25M | |||||
| Accrued Interest Payable | 19.65M | 38.17M | 46.68M | 5.17M | 736.00K | |
| Long-Term Debt | 304.37M | 196.89M | 218.63M | 218.40M | 248.17M | 147.94M |
| Federal Home Loan Bank Debt, Long-Term | 51.04M | |||||
| Long-Term Leases | 108.03M | 152.36M | 151.60M | 158.27M | 159.53M | |
| Trust Preferred Securities | 91.05M | 90.83M | 90.64M | 90.44M | 67.01M | |
| Other Long-Term Liabilities | 820.97M | 370.04M | 470.46M | 405.77M | 445.34M | 177.22M |
| Total Liabilities | 19.51B | 18.59B | 18.23B | 18.12B | 17.71B | 13.84B |
| Common Stock | 2.61B | 765.00K | 763.00K | 761.00K | 759.00K | 577.00K |
| Additional Paid-In Capital | 2.01B | 2.00B | 1.98B | 1.97B | 1.06B | |
| Retained Earnings | 2.12B | 1.87B | 1.64B | 1.41B | 1.22B | |
| Treasury Stock | -944.13M | -653.85M | -557.54M | -505.25M | -307.32M | |
| Comprehensive Income & Other | -445.55M | -624.88M | -593.99M | -675.84M | -37.77M | |
| Total Common Equity | 2.61B | 2.74B | 2.59B | 2.48B | 2.21B | 1.94B |
| Minority Interest | -10.71M | -10.47M | -10.38M | -7.82M | -3.23M | -2.08M |
| Shareholders' Equity | 2.60B | 2.73B | 2.58B | 2.47B | 2.20B | 1.94B |
| Total Liabilities & Equity | 22.11B | 21.31B | 20.81B | 20.59B | 19.91B | 15.78B |
| Total Debt | 304.37M | 553.83M | 696.48M | 1.20B | 1.06B | 422.29M |
| Net Cash (Debt) | 1.62B | 1.28B | 627.12M | 43.96M | -69.18M | 1.11B |
| Net Cash Per Share | 30.84 | 22.74 | 10.50 | 0.72 | -1.09 | 23.28 |
| Filing Date Shares Outstanding | 50.66M | 52.73M | 58.56M | 60.28M | 61.47M | 65.38M |
| Total Common Shares Outstanding | 50.66M | 53.41M | 58.66M | 60.54M | 61.61M | 47.61M |
| Book Value Per Share | 51.58 | 51.27 | 44.15 | 40.93 | 35.79 | 40.73 |
| Tangible Book Value | 1.65B | 1.77B | 1.61B | 1.48B | 1.20B | 1.40B |
| Tangible Book Value Per Share | 32.67 | 33.20 | 27.39 | 24.43 | 19.46 | 29.30 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | 287.35M | 263.67M | 269.16M | 222.38M | 271.44M | |
| Depreciation & Amortization | 37.64M | 39.70M | 48.60M | 60.54M | 37.84M | |
| Gain (Loss) on Sale of Assets | 524.00K | 296.00K | 195.00K | -221.00K | -385.00K | |
| Gain (Loss) on Sale of Investments | 3.10M | -2.31M | -9.82M | -5.98M | -4.77M | |
| Provision for Credit Losses | 49.21M | 61.41M | 88.07M | 48.09M | -117.09M | |
| Net Decrease (Increase) in Loans Originated / Sold - Operating | -1.43M | -73.75M | -81.91M | -26.50M | 19.55M | |
| Accrued Interest Receivable | 4.39M | 1.31M | -11.53M | -22.15M | 2.74M | |
| Change in Other Net Operating Assets | -128.26M | -33.71M | -79.17M | 236.53M | -67.19M | |
| Other Operating Activities | -18.42M | -32.55M | -32.90M | -32.11M | 1.74M | |
| Operating Cash Flow | 220.00M | 219.90M | 237.00M | 480.85M | 125.65M | |
| Capital Expenditures | -6.39M | -14.26M | -6.41M | -8.81M | -6.58M | |
| Sale of Property, Plant and Equipment | 17.00K | 1.19M | 427.00K | |||
| Cash Acquisitions | -3.00M | 573.75M | ||||
| Investment in Securities | 239.77M | 344.29M | 418.01M | -257.10M | -2.75B | |
| Divestitures | 2.43M | |||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | -117.75M | -407.88M | -800.18M | -434.48M | 1.27B | |
| Other Investing Activities | 6.82M | 11.12M | 65.30M | -11.91M | 2.19M | |
| Investing Cash Flow | 124.88M | -66.73M | -326.26M | -137.37M | -1.49B | |
| Short-Term Debt Issued | 20.00M | 1.53B | 7.71B | 2.73B | ||
| Long-Term Debt Issued | 17.41B | 13.27B | 7.76B | 1.87B | 1.00M | |
| Total Debt Issued | 17.43B | 14.80B | 15.47B | 4.60B | 1.00M | |
| Short-Term Debt Repaid | -20.00M | -1.53B | -7.71B | -2.73B | ||
| Long-Term Debt Repaid | -17.48B | -13.79B | -7.58B | -1.52B | -107.62M | |
| Total Debt Repaid | -17.50B | -15.31B | -15.29B | -4.25B | -107.62M | |
| Net Debt Issued (Repaid) | -71.04M | -513.96M | 185.00M | 350.00M | -106.62M | |
| Issuance of Common Stock | 466.00K | 3.30M | 3.18M | 1.52M | ||
| Repurchase of Common Stock | -290.28M | -96.31M | -54.65M | -200.08M | -13.27M | |
| Common Dividends Paid | -37.17M | -35.80M | -36.74M | -35.75M | -24.24M | |
| Net Increase (Decrease) in Deposit Accounts | 604.29M | 557.66M | 252.45M | -1.16B | 1.39B | |
| Other Financing Activities | -6.36M | -3.30M | -4.46M | -504.00K | ||
| Financing Cash Flow | 199.46M | -91.25M | 344.90M | -1.04B | 1.24B | |
| Net Cash Flow | 544.34M | 61.92M | 255.64M | -695.68M | -121.80M | |
| Free Cash Flow | 213.61M | 205.64M | 230.60M | 472.05M | 119.07M | |
| Free Cash Flow Margin | 21.01% | 20.88% | 24.88% | 53.95% | 16.17% | |
| Free Cash Flow Per Share | 3.78 | 3.44 | 3.77 | 7.42 | 2.50 | |
| Cash Interest Paid | 312.13M | 366.65M | 209.91M | 36.49M | 23.43M | |
| Cash Income Tax Paid | 75.16M | 82.12M | 99.14M | 58.15M | 40.69M |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 3.98B | 3.02B | 3.13B | 2.79B | 2.79B | 2.38B |
| Last Close Price | 78.47 | 54.81 | 52.09 | 44.47 | 43.23 | 47.21 |
| PE Ratio | 12.37 | 10.51 | 11.87 | 10.36 | 12.56 | 8.78 |
| PS Ratio | 3.64 | 2.97 | 3.18 | 3.01 | 3.19 | 3.24 |
| PB Ratio | 1.52 | 1.11 | 1.21 | 1.13 | 1.27 | 1.23 |
| P/FCF Ratio | 16.35 | 14.14 | 15.22 | 12.10 | 5.92 | 20.02 |
| P/OCF Ratio | 16.05 | 13.73 | 14.23 | 11.77 | 5.81 | 18.97 |
| Debt / Equity Ratio | 0.12 | 0.20 | 0.27 | 0.48 | 0.48 | 0.22 |
| Debt / FCF Ratio | 2.59 | 3.39 | 5.20 | 2.24 | 3.55 | |
| Net Debt / Equity Ratio | -0.62 | -0.47 | -0.24 | -0.02 | 0.03 | -0.57 |
| Net Debt / FCF Ratio | -6.01 | -3.05 | -0.19 | 0.15 | -9.33 | |
| Return on Equity (ROE) | 12.47% | 10.82% | 10.44% | 11.52% | 10.76% | 14.58% |
| Return on Assets (ROA) | 1.55% | 1.36% | 1.27% | 1.33% | 1.25% | 1.80% |
| Earnings Yield | 8.08% | 9.51% | 8.43% | 9.65% | 7.96% | 11.39% |
| FCF Yield | 6.12% | 7.07% | 6.57% | 8.27% | 16.91% | 4.99% |
| Dividend Yield | 1.02% | 1.17% | 1.12% | 1.30% | 1.24% | 1.02% |
| Payout Ratio | 12.14% | 12.93% | 13.58% | 13.65% | 16.07% | 8.93% |
| Buyback Yield / Dilution | 8.76% | 5.47% | 2.42% | 3.83% | -33.45% | 5.63% |
| Total Shareholder Return | 9.78% | 6.64% | 3.55% | 5.13% | -32.21% | 6.64% |