Welcome to our dedicated page for Wsfs Finl news (Ticker: WSFS), a resource for investors and traders seeking the latest updates and insights on Wsfs Finl stock.
WSFS Financial Corporation reports recurring developments as the parent company of WSFS Bank, a regional financial services company with banking, cash logistics, and wealth and trust operations. Company news commonly covers quarterly earnings, loan and deposit trends, commercial and consumer banking activity, fee income from Wealth and Trust, and performance updates tied to Cash Connect and other subsidiaries or divisions.
Updates also include capital actions such as dividends, share repurchases and debt financing, as well as investor presentations, governance changes, technology leadership, and market-presence announcements in the Greater Philadelphia and Delaware region.
WSFS Financial Corporation (NASDAQ: WSFS) announced that Morningstar DBRS confirmed its credit ratings, including a Long-Term Issuer Rating of “A (low)” for WSFS and an “A” rating for WSFS Bank, with Stable trends on all ratings.
Morningstar DBRS cited WSFS’ strong market position, diversified revenue, meaningful noninterest income, and a strong balance sheet with ample deposits and capital levels above peers. The Bank’s Intrinsic Assessment is “a” with Support Assessment SA1, while the Company’s Support Assessment is SA3 and its Long-Term Issuer Rating is one notch below the Bank’s IA.
WSFS Bank (Nasdaq: WSFS) released findings from its 2026 Money Trends survey of 1,022 consumers in the Greater Philadelphia and Delaware region, showing a shift toward more intentional financial behavior.
According to WSFS Bank, 39% of respondents report spending less than a year ago, mainly cutting discretionary categories such as restaurants (38%), travel and vacations (35%), online shopping (33%), and entertainment (32%). Among the 32% spending more, increases are concentrated in essentials like groceries (67%), utilities (55%), transportation (44%), and housing (44%).
The survey also shows widespread adoption of digital tools: 73% regularly use payment apps such as Venmo and Zelle, 64% use digital wallets, and 47% still use cash/check. Top strategies to protect financial health include avoiding loans (30%), cutting non-essential spending (28%), and reducing credit use or debt (25%). However, 16–24% of respondents are unfamiliar with key savings products like high-yield money market and savings accounts, money market accounts, and certificates of deposit, signaling an education opportunity for financial institutions.
WSFS (Nasdaq: WSFS) reported 2Q 2026 diluted EPS of $1.63, net income attributable to WSFS of $84.4 million, ROA of 1.52% and ROE of 12.4%. Total net revenue was $282.5 million, including net interest income of $192.5 million and fee revenue of $90.0 million, with PPNR of $116.2 million.
Client deposits reached $19.0 billion, up 3% quarter-over-quarter and 11% year-over-year, with noninterest demand deposits rising to 37% of deposits. Gross loans and leases were $13.5 billion, up 1% sequentially and 3% year-over-year. Wealth and Trust fees grew 17% year-over-year as fiduciary assets surpassed $100 billion.
Asset quality improved, with problem assets falling to $472.9 million and nonperforming assets to $81.0 million. Net interest margin was 3.87%. WSFS returned capital via $66.2 million in share repurchases (1.8% of shares) and $10.4 million in dividends in the quarter.
WSFS Financial (Nasdaq: WSFS) will release its second quarter 2026 earnings after business close on Thursday, July 23, 2026. Management will host a conference call on Friday, July 24, 2026 at 1:00 p.m. ET, accessible via the company’s investor relations website.
WSFS (WSFS), parent of Bryn Mawr Trust Advisors, announced several leadership promotions to support client growth and regional coverage.
Brandon McFadden becomes Managing Director of advisory services, Andrew Davis is named Head of Investment Strategy, and David Navarro and Michael Paregian are appointed Wealth Directors for Philadelphia and Delaware markets.
WSFS Bank (Nasdaq: WSFS) extended its naming rights partnership with the Philadelphia Union for the WSFS Bank Sportsplex through the 2030-2031 MLS season.
The $100 million, 170,000-square-foot complex has hosted 1,000+ events, 700,000+ visitors, donates 365+ hours annually to local groups, and will receive seating and hospitality upgrades.
WSFS Financial (Nasdaq: WSFS) marked its 40th year as a publicly traded company by ringing the Nasdaq Closing Bell on June 2, 2026. The event celebrates WSFS’ nearly 200-year history of growth, innovation, and service as the oldest and largest locally headquartered bank in the Greater Philadelphia and Delaware region.
WSFS Bank (Nasdaq: WSFS) released a Mid-Atlantic small business survey showing 92% of respondents say performance meets or exceeds expectations despite inflation and tariff concerns. 66% expect business growth and 52% expect revenue to increase in the next 12 months.
84% report high satisfaction with banking partners, while 81% use AI tools, mainly for data analysis (43%) and marketing/content creation (42%). The online survey covered 505 small business decision-makers (up to $5 million revenue) from March 18–28, 2026.
WSFS (Nasdaq: WSFS) reported 1Q 2026 GAAP EPS of $1.64 and ROA of 1.61%. Total net revenue was $275.3M, fee revenue $90.1M, and net income attributable to WSFS was $86.8M. Client deposits grew 5% sequentially to $18.47B. The Board approved an 18% dividend increase to $0.20 per share and a new buyback authorization of 15% of outstanding shares.
WSFS Financial Corporation (Nasdaq: WSFS) signed a long-term lease renewal for its office at 1818 Market Street in Philadelphia, preserving its presence in Center City.
The building, known as WSFS Bank Place, has been occupied since 2019 and now houses more than 250 Associates; WSFS added a banking office, ATM, and Wiss Fiss Lounge in 2024.