WSFS Financial (WSFS) came out with quarterly earnings of $1.08 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $1.23 per share a year ago. These figures are adjusted for non-recurring items.A quarter ago, it was expected that this bank holding company would post earnings of $1.04 per share when it actually produced earnings of $1.08, delivering a surprise of 3.85%.Over the last four quarters, the company has surpassed consensus EPS estimates three times.WSFS, which belong ...

WSFS Bank Center WSFS Bank Place 1 500 Delaware Avenue 1818 Market Street Wilmington, DE 19801 Philadelphia, PA 19103 EXHIBIT 99.1 FOR IMMEDIATE RELEASE Investor Relations Contact: Andrew Basile (302) 504-9857; abasile@wsfsbank.com October 24, 2024 Media Contact: Kyle Babcock (215) 864-1795; kbabcock@wsfsbank.com WSFS REPORTS 3Q 2024 ROA OF 1.22% AND EPS OF $1.08; RESULTS REFLECT CONTINUED LOAN, DEPOSIT, AND FEE REVENUE GROWTH Wilmington, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of ...

Analysts on Wall Street project that WSFS Financial (WSFS) will announce quarterly earnings of $1.08 per share in its forthcoming report, representing a decline of 12.2% year over year. Revenues are projected to reach $264.67 million, increasing 3.7% from the same quarter last year.The consensus EPS estimate for the quarter has undergone a downward revision of 0.9% in the past 30 days, bringing it to its present level. This represents how the covering analysts, as a whole, have reassessed their initial esti ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Large accelerated filer x Accelerated filer ☐ Emerging growth company ☐ FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number 001-35638 WSFS FINANCIAL CORPORATION (Exact name of registran ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Eve ...

This presentation contains financial measures determined by methods other than in accordance with accounting principles generally accepted in the United States (GAAP). This presentation may include the following non-GAAP measures: • Adjusted Net Income (non-GAAP) attributable to WSFS is a non-GAAP measure that adjusts net income determined in accordance with GAAP to exclude the realized gain on equity investments, net, Visa derivative valuation adjustment, FDIC special assessment, and corporate development ...

WSFS Financial Corporation (NASDAQ:WSFS) Q2 2024 Earnings Conference Call July 26, 2024 1:00 PM ET Company Participants Arthur Bacci - Chief Wealth Officer & Interim CFO Rodger Levenson - Chairman, President & |CEO Shari Kruzinski - Chief Consumer Banking Officer Stephen Clark - Chief Commercial Banking Officer Conference Call Participants Russell Gunther - Stephens Manuel Navas - D.A. Davidson Kelly Motta - KBW Frank Schiraldi - Piper Sandler Jacob Civiello - Janney Montgomery Scott Operator Thank you for ...

The reported revenue compares to the Zacks Consensus Estimate of $254.54 million, representing a surprise of +4.52%. The company delivered an EPS surprise of +3.85%, with the consensus EPS estimate being $1.04. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Net Interest Margin: 3.9% versus the two-analyst average estimate of 3.8%. Efficiency Ratio: 58.5% versu ...

This quarterly report represents an earnings surprise of 3.85%. A quarter ago, it was expected that this bank holding company would post earnings of $1.07 per share when it actually produced earnings of $1.11, delivering a surprise of 3.74%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. While WSFS has outperformed the market so far this year, the question t ...

FOR IMMEDIATE RELEASE July 25, 2024 Wilmington, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the second quarter of 2024. GAAP results for the quarterly periods shown included items that are excluded from core results. Below is a summary of the financial effects of these items. WSFS Bank Center WSFS Bank Place 2 500 Delaware Avenue, 1818 Market St, Wilmington, Delaware 19801 Philadelphia, PA 19103 Rodger Levenson, Chairman, CEO and ...