Brokers Offer Predictions for WSFS Financial Q2 Earnings

WSFS Financial Co. (NASDAQ:WSFS - Free Report) - Equities research analysts at DA Davidson issued their Q2 2025 earnings estimates for shares of WSFS Financial in a research note issued on Thursday, May 1st. DA Davidson analyst M. Navas expects that the bank will earn $1.14 per share for the quarter. The consensus estimate for WSFS Financial's current full-year earnings is $4.47 per share. DA Davidson also issued estimates for WSFS Financial's FY2025 earnings at $4.80 EPS and FY2026 earnings at $5.10 EPS.

Several other equities research analysts have also recently commented on WSFS. Keefe, Bruyette & Woods dropped their target price on WSFS Financial from $66.00 to $64.00 and set a "market perform" rating on the stock in a report on Monday, April 28th. Stephens restated an "overweight" rating and issued a $64.00 price objective on shares of WSFS Financial in a report on Monday, April 28th. Three analysts have rated the stock with a hold rating and two have assigned a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus price target of $62.75.

WSFS Financial Stock Performance

Shares of NASDAQ:WSFS traded up $0.23 during trading on Friday, hitting $53.19. 62,364 shares of the company traded hands, compared to its average volume of 294,388. The company has a quick ratio of 0.86, a current ratio of 0.83 and a debt-to-equity ratio of 0.15. The business's fifty day moving average is $50.65 and its 200-day moving average is $53.65. The stock has a market capitalization of $3.08 billion, a price-to-earnings ratio of 12.01 and a beta of 0.86. WSFS Financial has a one year low of $42.21 and a one year high of $62.75.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last released its quarterly earnings results on Thursday, April 24th. The bank reported $1.13 earnings per share for the quarter, topping analysts' consensus estimates of $1.04 by $0.09. WSFS Financial had a return on equity of 10.30% and a net margin of 18.77%. The firm had revenue of $256.11 million during the quarter, compared to analysts' expectations of $235.44 million. During the same quarter in the prior year, the business earned $1.11 EPS. WSFS Financial's quarterly revenue was up 1.7% compared to the same quarter last year.

Institutional Investors Weigh In On WSFS Financial

Several hedge funds have recently added to or reduced their stakes in WSFS. Versant Capital Management Inc increased its holdings in shares of WSFS Financial by 90.0% during the first quarter. Versant Capital Management Inc now owns 532 shares of the bank's stock worth $28,000 after purchasing an additional 252 shares during the period. Farther Finance Advisors LLC raised its holdings in WSFS Financial by 2,500.0% in the 4th quarter. Farther Finance Advisors LLC now owns 572 shares of the bank's stock valued at $30,000 after acquiring an additional 550 shares in the last quarter. Crowley Wealth Management Inc. bought a new stake in shares of WSFS Financial during the 4th quarter valued at $32,000. CWM LLC grew its holdings in shares of WSFS Financial by 72.7% during the 1st quarter. CWM LLC now owns 701 shares of the bank's stock worth $36,000 after purchasing an additional 295 shares in the last quarter. Finally, VSM Wealth Advisory LLC bought a new position in shares of WSFS Financial in the fourth quarter worth $40,000. Institutional investors and hedge funds own 88.49% of the company's stock.

Insider Buying and Selling

In other news, CEO Rodger Levenson sold 7,199 shares of the company's stock in a transaction that occurred on Friday, February 21st. The stock was sold at an average price of $55.20, for a total transaction of $397,384.80. Following the sale, the chief executive officer now owns 142,780 shares in the company, valued at $7,881,456. This represents a 4.80 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

WSFS Financial Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, May 23rd. Investors of record on Friday, May 9th will be paid a dividend of $0.17 per share. This represents a $0.68 dividend on an annualized basis and a yield of 1.28%. This is a boost from WSFS Financial's previous quarterly dividend of $0.15. The ex-dividend date is Friday, May 9th. WSFS Financial's dividend payout ratio is presently 15.28%.

About WSFS Financial

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. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.