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 Bank's charitable arm, the WSFS CARES Foundation, has allocated $15,000 in grants to seven local nonprofits during the Satell Institute’s CEO Conference held on July 18, 2022. The grants were selected by Rodger Levenson, Chair of the conference, in collaboration with leaders from Philabundance and Sage Financial Group. Each chosen nonprofit, including the Chester County Food Bank and Philabundance, will receive funds to support their initiatives aimed at improving community welfare and promoting inclusion and diversity.
WSFS Financial Corporation (Nasdaq: WSFS) will report its second quarter earnings on July 25, 2022. A conference call is scheduled for July 26, 2022, at 1:00 p.m. ET to discuss the results. Interested participants can preregister and are encouraged to log on 15 minutes prior to the broadcast. For those unable to join live, a replay will be available from 4:00 p.m. ET on July 26 until August 6, 2022. As of March 31, 2022, WSFS had $21.0 billion in assets and $58.1 billion in assets under management.
WSFS Financial Corporation (NASDAQ: WSFS) has sold BMT Insurance Advisors (BMTIA) to Patriot Growth Insurance Services, LLC. The acquisition includes an offer for continued employment for all BMTIA Associates. The transaction, which closed on June 30, 2022, is not expected to materially impact WSFS's future earnings. Dominic C. Canuso, CFO of WSFS, emphasized the deal's alignment with their focus on long-term growth opportunities while providing BMTIA with better resources under Patriot's leadership.
WSFS Financial Corporation (Nasdaq: WSFS) has appointed David B. Stork as Senior Vice President, Wealth Director in Hershey, PA. Stork will lead the Central Pennsylvania team at Bryn Mawr Trust, focusing on new business, community engagement, and brand development. With 30 years of experience in wealth management and financial planning, he previously worked at PNC Wealth Management, Wells Fargo, and as a trusts and estates attorney. As of March 31, 2022, WSFS managed $58.1 billion in assets, operating 122 offices across multiple states.
WSFS Financial Corporation (Nasdaq: WSFS) has appointed James A. Hutchinson as Senior Vice President, Wealth Director at Bryn Mawr Trust in Berwyn, Pa. Hutchinson will oversee new business initiatives and brand development in the area, bringing over 30 years of experience in wealth management. Previously, he served as Senior Vice President and Market Executive at PNC Private Bank, and his extensive background in financial advising is expected to enhance client services. As of March 31, 2022, WSFS reported $21.0 billion in assets and $58.1 billion in assets under management.
WSFS Bank's charitable arm, the WSFS CARES Foundation, has granted $75,000 over five years to the Homeland Center in Harrisburg, PA, to support its Certified Nursing Assistant Academy Program. This initiative aims to train individuals in senior and hospice care, enhancing workforce development in the region. The Homeland Center, established in 1867, provides essential care services and is seeking to meet state educational requirements for the program. The foundation emphasizes education and community impact, celebrating its mission through this grant.
On April 28, 2022, WSFS Associates, along with their families, participated in "Take Your Children to the Community Day," engaging over 60 volunteers in community service across the Greater Philadelphia and Delaware region. Activities included collaboration with local nonprofits like the Delaware Humane Association and UrbanPromise NJ. In addition, WSFS Associates contributed to financial literacy education during Teach Children to Save Week from April 25-29, 2022. As of March 31, 2022, WSFS Financial Corporation reported $21.0 billion in assets.
WSFS Financial Corporation (Nasdaq: WSFS) will participate in the D.A. Davidson 24th Annual Financial Institutions Conference on May 5, 2022, in Colorado Springs, Colorado. The event will feature discussions hosted by Rodger Levenson, CEO, and Dominic C. Canuso, CFO, aimed at engaging with investors. WSFS will also present its current Investor Presentation, accessible prior to the conference on their Investor Relations website. As of March 31, 2022, WSFS reported $21.0 billion in assets and $58.1 billion in assets under management.
WSFS Financial Corporation has appointed Mark Bradford as Senior Vice President and Market Director for Bryn Mawr Trust. Reporting to Jennifer Dempsey Fox, Bradford will manage Wealth Directors across key markets in Pennsylvania, New Jersey, and Delaware. He brings 28 years of financial services experience, previously working at PNC as Wealth Strategy Regional Director. Bradford aims to enhance client experiences and leverage combined resources for tailored solutions. As of March 31, 2022, WSFS reported $21.0 billion in assets and $58.1 billion in assets under management.
WSFS Financial Corporation (Nasdaq: WSFS) will celebrate its 35th anniversary as a public company by visiting the Nasdaq MarketSite on April 25, 2022. CEO Rodger Levenson will ring the Opening Bell in Times Square, marking a significant milestone for the company, which has a history dating back nearly 200 years. As of March 31, 2022, WSFS manages $58.1 billion in assets. The firm operates 122 offices across five states, providing a variety of financial services including banking and wealth management.