WSFS Financial (NASDAQ:WSFS) Issues Quarterly Earnings Results, Beats Estimates By $0.28 EPS

WSFS Financial (NASDAQ:WSFS) posted its quarterly earnings results on Thursday. The bank reported $1.68 earnings per share for the quarter, beating the consensus estimate of $1.40 by $0.28, FiscalAI reports. The company had revenue of $275.25 million during the quarter, compared to analyst estimates of $274.17 million. WSFS Financial had a net margin of 21.14% and a return on equity of 10.89%. The firm’s revenue for the quarter was up 7.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.13 earnings per share.

WSFS Financial Stock Performance

NASDAQ WSFS opened at $70.15 on Friday. The company’s 50 day moving average is $65.99 and its 200-day moving average is $60.04. The company has a quick ratio of 0.84, a current ratio of 0.84 and a debt-to-equity ratio of 0.11. WSFS Financial has a 12-month low of $48.64 and a 12-month high of $72.14. The firm has a market cap of $3.67 billion, a P/E ratio of 13.75 and a beta of 0.75.

WSFS Financial Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, May 22nd. Stockholders of record on Friday, May 8th will be given a $0.20 dividend. This represents a $0.80 annualized dividend and a dividend yield of 1.1%. This is an increase from WSFS Financial’s previous quarterly dividend of $0.17. The ex-dividend date of this dividend is Friday, May 8th. WSFS Financial’s payout ratio is presently 13.33%.

Key Headlines Impacting WSFS Financial

Here are the key news stories impacting WSFS Financial this week:

• Positive Sentiment: Quarterly results showed solid top- and bottom-line performance: Q1 revenue ~ $275.3M (up ~7.5% YoY) and EPS reported in the mid-$1.60s, with the company highlighting strong deposit and fee growth — a clear driver for the stock’s gains. BusinessWire: WSFS Reports 1Q 2026
• Positive Sentiment: Board increased the quarterly dividend to $0.20 (≈18% raise vs. prior $0.17) and approved a new 15% share buyback authorization — both capital-return actions support shareholder value and likely boosted sentiment. MarketWatch: Dividend & Buyback
• Positive Sentiment: Analysts raised forecasts after the release, reflecting improved expectations for WSFS’s upcoming results and underwriting investor optimism. Investing.com: Analysts Raise Forecasts
• Neutral Sentiment: Deeper metric reviews are available (loan mix, NII, fee trends, ROA/ROE) that investors should read to assess sustainability of the quarter’s strength; these analyses provide context but don’t change the headline reaction. Zacks: Key Metrics Analysis
• Negative Sentiment: Some outlets note conflicting EPS reads vs. certain consensus figures (one Zacks piece flagged a slight miss vs. its internal consensus), which could introduce short-term volatility or give skeptics ammunition to question the beat. Zacks: Earnings Miss Article

Insider Activity

In other news, EVP Shari Kruzinski sold 1,000 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $70.10, for a total value of $70,100.00. Following the completion of the transaction, the executive vice president directly owned 14,740 shares in the company, valued at approximately $1,033,274. This trade represents a 6.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP James J. Wechsler sold 450 shares of the firm’s stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $69.89, for a total transaction of $31,450.50. Following the completion of the transaction, the executive vice president owned 5,777 shares of the company’s stock, valued at $403,754.53. This trade represents a 7.23% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 3,455 shares of company stock worth $242,923. 1.10% of the stock is owned by company insiders.

Hedge Funds Weigh In On WSFS Financial

A number of large investors have recently modified their holdings of the company. Invesco Ltd. boosted its position in shares of WSFS Financial by 6.1% in the fourth quarter. Invesco Ltd. now owns 1,066,591 shares of the bank’s stock valued at $58,918,000 after acquiring an additional 60,931 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of WSFS Financial by 71.5% in the fourth quarter. Goldman Sachs Group Inc. now owns 470,191 shares of the bank’s stock valued at $25,973,000 after acquiring an additional 195,979 shares during the period. Raymond James Financial Inc. boosted its position in shares of WSFS Financial by 0.4% in the third quarter. Raymond James Financial Inc. now owns 443,465 shares of the bank’s stock valued at $23,916,000 after acquiring an additional 1,794 shares during the period. Millennium Management LLC boosted its position in shares of WSFS Financial by 22.4% in the third quarter. Millennium Management LLC now owns 381,060 shares of the bank’s stock valued at $20,551,000 after acquiring an additional 69,741 shares during the period. Finally, New York State Common Retirement Fund raised its stake in WSFS Financial by 5.1% in the fourth quarter. New York State Common Retirement Fund now owns 244,671 shares of the bank’s stock valued at $13,516,000 after purchasing an additional 11,980 shares in the last quarter. 88.49% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several equities analysts recently weighed in on the stock. Brean Capital assumed coverage on shares of WSFS Financial in a research report on Tuesday, March 10th. They set a “buy” rating and a $74.50 price target for the company. Zacks Research lowered shares of WSFS Financial from a “strong-buy” rating to a “hold” rating in a research report on Monday, March 30th. DA Davidson assumed coverage on shares of WSFS Financial in a research report on Wednesday, February 25th. They set a “neutral” rating and a $74.00 target price for the company. Piper Sandler boosted their price target on shares of WSFS Financial from $67.00 to $72.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Finally, TD Cowen reissued a “buy” rating on shares of WSFS Financial in a research report on Wednesday, January 28th. Four analysts have rated the stock with a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $71.42.

About WSFS Financial

WSFS Financial Corporation is the bank holding company for WSFS Bank, a regional financial institution headquartered in Wilmington, Delaware. The company traces its roots to the Safe Deposit & Trust Company, founded in 1832, and formally organized as WSFS Financial in the mid-1980s. Over its long history, WSFS has grown through a combination of organic expansion and selective acquisitions to serve a broad base of individual, commercial and institutional clients.

WSFS Bank offers a full suite of banking and financial services, including retail and commercial deposit accounts, commercial and industrial lending, real estate financing, and treasury management solutions.