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WSFS Financial Corporation

WSFSFinancial ServicesNASDAQ

Banks - Regional

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Financials · Annual
Revenue
$1.07B
+1.8% YoY
Net Income
$287.3M
+9.0% YoY

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About WSFS Financial Corporation

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. The $3.71B market capitalization puts WSFS squarely in mid-cap range for its industry. It operates through WSFS Bank, Cash Connect, and Wealth and Trust segments.

Key stats
Market Cap$3.71B
P/E (TTM)12.72
Fwd P/E10.76
EPS$5.61
Beta0.77
52W Change+37.3%
Dividend Yield1.00%
ROE11.5%
Analysis

With $2.61B in cash and $558.1M in debt, WSFS maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. ROE of 11.5% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. ROA of 1.5% is on the lower side, which is common in asset-heavy industries. Revenue has been uneven over recent years, ranging from $923.0M to $1.07B.

The strong cash position relative to debt provides a financial cushion that reduces balance sheet risk. It is important to consider these factors alongside broader market conditions and individual financial goals when reviewing WSFS.

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