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WSFS Financial Corp - WSFS STOCK NEWS

Welcome to our dedicated page for WSFS Financial news (Ticker: WSFS), a resource for investors and traders seeking the latest updates and insights on WSFS Financial stock.

WSFS Financial Corp is a savings and loan holding company with a rich history dating back to 1832. Headquartered in Wilmington, Delaware, WSFS Financial Corp operates through three primary segments: WSFS Bank, Cash Connect, and Wealth Management.

WSFS Bank is the core segment, providing a comprehensive range of banking services including loans, leases, and other financial products tailored for both commercial and consumer customers. With 43 branches spread across Delaware and Southeastern Pennsylvania, WSFS Bank stands as a community-oriented institution focused on innovation and customer satisfaction.

Cash Connect, another vital segment, offers ATM vault cash, smart safe, and other cash logistics services. It plays a significant role in supporting the cash management needs of businesses and financial institutions, ensuring secure and efficient cash handling.

The Wealth Management division provides an extensive array of services that include planning, advisory services, investment management, and personal and institutional trust services. This segment caters to individuals, corporations, and institutional clients, helping them achieve their financial goals with a range of credit and deposit products.

Known for its commitment to service, WSFS Financial Corp's mission is encapsulated in its motto, “We Stand for Service®”. This mission has been a guiding principle since the company's inception. WSFS is also recognized as one of the top workplaces, reflecting its positive work environment and strong community ties.

In terms of financial performance, WSFS Financial Corp primarily generates revenue from its banking segment. The company is dedicated to evolving its services to meet the changing needs of its customers through the adoption of innovative technologies.

News

Bryn Mawr Trust Appoints Jamie Hopkins as Director of Private Wealth Management

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Jamie P. Hopkins appointed as Senior Vice President, Director of Private Wealth Management at WSFS Financial Corporation
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WSFS CARES Foundation Provides Third Quarter Grants to Organizations in Delaware and Pennsylvania

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WSFS CARES Foundation provides grants to four organizations in Delaware and Pennsylvania
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Regional Consumers Continue to Adapt Spending and Saving Habits, WSFS Bank’s Annual Money Trends Study Finds

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Inflation and rising interest rates impact regional consumers; rising costs and inflation are top reasons for increased spending (72%); consumers spending more on groceries (60%), transportation (53%), utilities (50%), and housing (43%); consumers adjusting by reducing spending on restaurants (42%), entertainment (34%), and travel (34%); 37% of consumers cutting non-essential expenditures due to rising interest rates; 30% reducing credit card spending and debt; 38% using debit cards more; Gen Z leads in increased spending (47%); 50% of residents saving less; 40% saving more due to specific goals; 34% would place unexpected $10,000 in basic savings account; 30% would deposit in checking account; opportunity for consumers to use higher interest rates with savings tools like certificates of deposit and high-yield money market accounts.
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WSFS Management to Meet with Investors at the 2023 Stephens Bank Forum

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WSFS Financial Corporation to participate at 2023 Stephens Bank Forum
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KBRA Releases Surveillance Report for WSFS Financial Corporation

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KBRA affirms WSFS Financial Corporation's debt and deposit ratings
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WSFS Announces Arthur J. Bacci as Interim Chief Financial Officer

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Arthur J. Bacci appointed as Interim CFO of WSFS Financial Corporation
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WSFS Financial Corporation’s A- Senior Unsecured Debt Rating Affirmed by KBRA, Reflecting Strong Earnings, Liquidity, and Capital

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WSFS Financial Corporation has received reaffirmed debt ratings from Kroll Bond Rating Agency (KBRA). WSFS' senior unsecured debt rating is A-, subordinated debt rating is BBB+, and short-term debt rating is K2. WSFS Bank, the company's primary subsidiary, also received strong credit ratings. KBRA noted WSFS' diversified business model, strong liquidity and capital position, and disciplined approach to asset quality as factors contributing to the ratings.
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WSFS Announces Market Expansion for Bryn Mawr Capital Management

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WSFS Reports 2Q 2023 EPS of $1.12 and ROA of 1.36%; Results Reflect Solid Loan and Deposit Growth, NIM of 4.11%; Diversified Fee Revenue Increase of 6% From 1Q 2023

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WSFS Financial Corporation Announces Second Quarter Earnings Release Date and Conference Call

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1.03%
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FAQ

What is the current stock price of WSFS Financial (WSFS)?

The current stock price of WSFS Financial (WSFS) is $60.48 as of November 22, 2024.

What is the market cap of WSFS Financial (WSFS)?

The market cap of WSFS Financial (WSFS) is approximately 3.5B.

What does WSFS Financial Corp do?

WSFS Financial Corp provides a range of financial services including loans, leases, ATM cash management, and wealth management.

Where is WSFS Financial Corp headquartered?

WSFS Financial Corp is headquartered in Wilmington, Delaware.

What is WSFS Financial Corp’s mission?

WSFS Financial Corp’s mission is encapsulated in its motto, 'We Stand for Service®'.

How many branches does WSFS Bank have?

WSFS Bank has 43 branches across Delaware and Southeastern Pennsylvania.

What services does WSFS Bank offer?

WSFS Bank offers loans, leases, and other financial products for commercial and consumer customers.

What is Cash Connect?

Cash Connect is a segment of WSFS Financial Corp that provides ATM vault cash, smart safe, and other cash logistics services.

What does the Wealth Management segment of WSFS do?

The Wealth Management segment offers planning, advisory services, investment management, and trust services for individuals, corporate, and institutional clients.

What recognition has WSFS Financial Corp received?

WSFS Financial Corp has been listed as one of the top workplaces by The News Journal for nine consecutive years.

How does WSFS Financial Corp generate its revenue?

WSFS Financial Corp primarily generates revenue through its WSFS Bank segment.

What is the history of WSFS Financial Corp?

WSFS Financial Corp was founded in 1832 and has grown from a small operation to a leading community bank with innovative services.

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WSFS Financial Corp

Nasdaq:WSFS

WSFS Rankings

#1568 Ranked by Market Cap
#1800 Ranked by Dividends

WSFS Stock Data

3.54B
58.25M
1.07%
91.61%
1.64%
Banks - Regional
National Commercial Banks
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United States of America
WILMINGTON