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 (Nasdaq: WSFS) is a multibillion-dollar financial services company and the parent of WSFS Bank, which it describes as the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. This news page aggregates company-issued updates, giving readers a single place to review recent announcements and disclosures about WSFS and its banking and wealth management activities.
Visitors to this page can find earnings-related news, including press releases that WSFS files and furnishes via Form 8-K to report quarterly results and provide earnings release supplements and investor presentations. These items offer insight into the company’s financial condition and the information management presents to investors and analysts.
The feed also includes capital markets announcements, such as the company’s public offering of 5.375% Fixed-to-Floating Rate Senior Unsecured Notes due 2035 and related pricing and completion updates. These releases describe the terms of the notes, the intended use of proceeds and the associated SEC registration materials.
In addition, readers can see corporate governance and leadership news, for example the appointment of a new member to the WSFS Board of Directors, as well as community and philanthropic updates from the WSFS CARES Foundation. Recent items highlight grants to organizations focused on affordable housing, food insecurity and family homelessness, along with information about associate volunteer efforts such as We Stand for Service Day.
By reviewing this news page regularly, investors and other interested parties can follow WSFS Financial Corporation’s official communications on financial performance, capital raising, board composition and community initiatives, all sourced from company press releases and related disclosures.
WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has appointed Liam Brickley as Senior Vice President and Chief Credit Officer. Reporting to Chief Risk Officer Christine E. Davis, Brickley will oversee the Bank's credit exposures and loan policies. With nearly 40 years of banking expertise, he previously served as Chief Credit Officer at Bryn Mawr Trust. Brickley aims to foster continued growth and financial strength for WSFS amidst the recent merger with Bryn Mawr Trust. As of December 31, 2021, WSFS Financial Corporation had $15.8 billion in assets.
WSFS Financial Corporation announces the retirement of Mark A. Turner from its Board after 15 years of service, effective May 11, 2022. Turner has been with the company since 1996 and served as Chairman, President, and CEO. This transition marks the conclusion of a long-term succession plan for the leadership of WSFS. The Annual Meeting of Stockholders will take place virtually, with stockholders eligible to participate if they register in advance.
As of December 31, 2021, WSFS Financial Corporation reported $15.8 billion in assets and $34.6 billion in assets under management.
WSFS Financial Corporation (NASDAQ: WSFS) has successfully completed the brand conversion and systems integration of Bryn Mawr Trust into WSFS Bank, enhancing banking services for former Bryn Mawr clients. All bank accounts have transitioned to WSFS, providing access to 94 retail locations and over 600 ATMs. As part of a consolidation plan, 34 offices have closed to streamline operations. WSFS maintains approximately $20 billion in assets and aims to leverage local expertise in wealth management with around $58 billion in assets under management.
WSFS Bank has promoted 12 Associates to Senior Vice President (SVP) roles, highlighting its commitment to leadership development. The new SVPs come from various departments including Corporate Communications, Talent Acquisition, and Loan Production. Executive Vice President and Chief Human Resources Officer Michael L. Conklin commended their growth and contributions to the company’s success. As of December 31, 2021, WSFS Financial Corporation boasts $15.8 billion in assets and operates 112 offices across several states, emphasizing its strong position in the financial services sector.
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WSFS Financial Corporation announced the appointment of Christine E. Davis as Executive Vice President, Chief Risk Officer, succeeding Michael Reed, who returns to Covington & Burling, LLP. With over 20 years at WSFS, Davis will lead all risk management functions. John E. Kveragas, Jr. has been named Senior Vice President, Chief Auditor, bringing 20 years of auditing experience. The changes reflect WSFS's commitment to executive succession planning and talent development within the company.
WSFS Financial Corporation has appointed Stephanie Saint-Cyr as the new Senior Vice President and Director of Wealth Advisory Services in Princeton, N.J. She will report to Jennifer Dempsey Fox, President of Bryn Mawr Trust Wealth Management. Saint-Cyr, a seasoned professional with over two decades of experience, will lead wealth advisors and enhance client relationships. With $15.8 billion in assets and $34.6 billion in assets under management, WSFS continues to solidify its position in the financial services sector.
WSFS Financial Corporation (Nasdaq: WSFS) will participate in the 2022 KBW Winter Financial Services Symposium on February 17, 2022, in Boca Raton, Florida. The event will feature discussions led by Rodger Levenson, Chairman, President, and CEO, along with Dominic C. Canuso, CFO. Investors can access the current Investor Presentation through the Investor Relations section of WSFS’ website. As of December 31, 2021, WSFS Financial had $15.8 billion in assets and $34.6 billion in assets under management, operating from 112 offices in the Greater Delaware Valley.
On February 1, 2022, WSFS Bank announced the promotion of three Associates within its Commercial, Small Business, and Retail Lending divisions. Jim Wechsler becomes Senior Vice President and COO of Commercial Banking, bringing over 11 years of experience at WSFS. Candice Caruso is now Senior Vice President and Chief Retail Lending Officer, responsible for Consumer Lending and fintech partnerships. Anthony Ryan takes on the role of Senior Vice President, leading Small Business Operations and Retail Loan Servicing. WSFS focuses on Associate growth and strategic operations.
WSFS Bank's CARES Foundation donated over $2 million in grants to 349 organizations across Delaware, New Jersey, and Pennsylvania in 2021. This philanthropic effort aims to enhance community opportunities through several key areas: community investments, affordable housing, and education. Notable beneficiaries include organizations like Good Neighbors Home Repair and UrbanPromise, emphasizing the Foundation's commitment to community support and development. WSFS Bank, founded in 1832, continues its legacy as a leading financial institution in the region.