Last $70.81 USD
Change Today -0.78 / -1.09%
Volume 11.7K
WSFS On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 11:14 AM 08/1/14 All times are local (Market data is delayed by at least 15 minutes).

wsfs financial corp (WSFS) Snapshot

Open
$71.21
Previous Close
$71.59
Day High
$71.54
Day Low
$70.81
52 Week High
12/24/13 - $79.85
52 Week Low
09/6/13 - $57.11
Market Cap
631.1M
Average Volume 10 Days
45.0K
EPS TTM
$3.75
Shares Outstanding
8.9M
EX-Date
08/6/14
P/E TM
18.9x
Dividend
$0.48
Dividend Yield
0.67%
Current Stock Chart for WSFS FINANCIAL CORP (WSFS)

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wsfs financial corp (WSFS) Details

WSFS Financial Corporation operates as the thrift holding company for the Wilmington Savings Fund Society, FSB that provides various financial services primarily in the mid-Atlantic region of the United States. It operates through WSFS Bank, Cash Connect, and Trust and Wealth Management segments. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposits, as well as jumbo certificates of deposit. It also provides a range of loans, which comprise residential real estate loans; commercial real estate mortgage loans; commercial construction loans; commercial loans for working capital, financing equipment acquisitions, business expansion, and other business purposes; and consumer credit products, such as home improvement loans, home equity lines of credit, automobile loans, unsecured lines of credit, and other secured and unsecured personal installment loans. In addition, the company offers cash management, trust, and wealth management services. Further, it markets various third-party investment and insurance products, such as single-premium annuities, whole life policies, and securities; and provides investment advisory services to high net-worth individuals and institutions. Additionally, the company offers ATM vault cash and related services; and online reporting and ATM cash management, predictive cash ordering, armored carrier management, and ATM processing and equipment sales services. As of April 17, 2014, it operated 52 offices, including 42 in Delaware, 8 in Pennsylvania, 1 in Virginia, and 1 in Nevada. WSFS Financial Corporation was founded in 1832 and is headquartered in Wilmington, Delaware.

815 Employees
Last Reported Date: 07/24/14
Founded in 1832

wsfs financial corp (WSFS) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: $610.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $306.9K
Chief Wealth Officer, Executive Vice Presiden...
Total Annual Compensation: $290.8K
Chief Commercial Banking Officer of Wsfs Bank...
Total Annual Compensation: $331.9K
Chief Retail Banking Officer of WSFS Bank and...
Total Annual Compensation: $320.9K
Compensation as of Fiscal Year 2013.

wsfs financial corp (WSFS) Key Developments

WSFS Financial Corp. Reports Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 30, 2014; Approves Quarterly Cash Dividend, Payable on August 22, 2014; Announces Net Charge-Offs for the Second Quarter Ended June 30, 2014

WSFS Financial Corp. reported unaudited consolidated earnings results for the second quarter and six months ended June 30, 2014. For the quarter, the company reported net income allocable to common stockholders of $12.725 million or $1.39 per diluted common share compared to net income allocable to common stockholders of $10.299 million, or $1.85 per diluted common share a year ago. Interest income was $39.413 million compared to $35.882 million reported a year ago. Net interest income was $35.477 million compared to $32.056 million reported a year ago. Income before taxes was $19.532 million compared to $16.763 million reported a year ago. Return on average assets was 1.12% compared to 1.00% reported a year ago. Return on average equity was 12.03% compared to 10.29% reported a year ago. Return on tangible common equity was 13.52% compared to 12.21% reported a year ago. Book value per share of common stock was $48.40 per share compared to $44.80 per share for the same period of last year. Tangible book value per share of common stock was $44.11 per share compared to $41.05 per share for the same period of last year. Tangible common book value per share of common stock was $44.11 per share compared to $37.35 per share for the same period of last year. Core net revenue was $54.735 million compared to $50.689 million reported a year ago. Non-GAAP net income was $12.590 million or $1.37 per share compared to $9.710 million or $1.09 per share reported a year ago. Non-GAAP return on average assets was 1.11% compared to 0.95% reported a year ago. For the six months, the company reported net income allocable to common stockholders of $29.636 million or $3.24 per diluted common share compared to net income allocable to common stockholders of $19.347 million, or $2.18 per diluted common share a year ago. Interest income was $77.198 million compared to $71.473 million reported a year ago. Net interest income was $69.521 million compared to $63.636 million reported a year ago. Income before taxes was $35.132 million compared to $31.816 million reported a year ago. Return on average assets was 1.32% compared to 0.96% reported a year ago. Return on average equity was 14.41% compared to 9.74% reported a year ago. Return on tangible common equity was 16.20% compared to 11.58% reported a year ago. Core net revenue was $106.565 million compared to $98.699 million reported a year ago. Non-GAAP net income was $22.588 million or $2.47 per share compared to $17.689 million or $1.99 per share reported a year ago. Non-GAAP return on average assets was 1.00% compared to 0.88% reported a year ago. For the quarter, recoveries exceeded charge-offs by $2,000, with gross charge-offs recorded at a low $1.2 million, down from $3.2 million recorded during the prior quarter and $4.0 million recorded during the same quarter of 2013. The Board of Directors of WSFS Financial Corporation approved a quarterly cash dividend of $0.12 per share of common stock. This dividend will be paid on August 22, 2014, to shareholders of record as of August 8, 2014.

WSFS Financial Corp. to Report Q2, 2014 Results on Jul 24, 2014

WSFS Financial Corp. announced that they will report Q2, 2014 results at 5:00 PM, Eastern Standard Time on Jul 24, 2014

WSFS Financial Corp., Q2 2014 Earnings Call, Jul 25, 2014

WSFS Financial Corp., Q2 2014 Earnings Call, Jul 25, 2014

 

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WSFS Competitors

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Industry Analysis

WSFS

Industry Average

Valuation WSFS Industry Range
Price/Earnings 11.7x
Price/Sales 3.1x
Price/Book 1.5x
Price/Cash Flow 11.4x
TEV/Sales NM Not Meaningful
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