FY2025 EPS Estimates for WSFS Financial Boosted by Analyst

WSFS Financial Corporation (NASDAQ:WSFS - Free Report) - Stock analysts at DA Davidson raised their FY2025 earnings per share (EPS) estimates for WSFS Financial in a report issued on Tuesday, July 1st. DA Davidson analyst M. Navas now anticipates that the bank will post earnings of $4.90 per share for the year, up from their prior forecast of $4.80. 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 FY2026 earnings at $5.20 EPS.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last issued its quarterly earnings data on Thursday, April 24th. The bank reported $1.13 earnings per share for the quarter, beating analysts' consensus estimates of $1.04 by $0.09. The business had revenue of $256.11 million for the quarter, compared to the consensus estimate of $235.44 million. WSFS Financial had a return on equity of 10.06% and a net margin of 18.86%. The firm's revenue was up 1.7% compared to the same quarter last year. During the same period last year, the business earned $1.11 EPS.

Other analysts also recently issued reports about the stock. Wall Street Zen downgraded shares of WSFS Financial from a "hold" rating to a "sell" rating in a report on Friday, May 30th. Stephens restated an "overweight" rating and set a $64.00 price target on shares of WSFS Financial in a report on Monday, April 28th. Finally, Keefe, Bruyette & Woods lowered their price target on WSFS Financial from $66.00 to $64.00 and set a "market perform" rating on the stock in a research report on Monday, April 28th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, the stock has an average rating of "Hold" and a consensus price target of $62.75.

WSFS Financial Stock Performance

WSFS stock traded up $0.82 during midday trading on Wednesday, hitting $59.05. 233,303 shares of the company traded hands, compared to its average volume of 313,064. WSFS Financial has a twelve month low of $42.44 and a twelve month high of $62.75. The stock has a market capitalization of $3.35 billion, a price-to-earnings ratio of 13.27 and a beta of 0.87. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.12. The business has a 50 day simple moving average of $53.51 and a 200-day simple moving average of $52.96.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in WSFS. Versant Capital Management Inc lifted its stake in shares of WSFS Financial by 90.0% in the first quarter. Versant Capital Management Inc now owns 532 shares of the bank's stock valued at $28,000 after buying 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 in the 4th quarter worth approximately $32,000. CWM LLC lifted its position in shares of WSFS Financial by 72.7% in the 1st quarter. CWM LLC now owns 701 shares of the bank's stock worth $36,000 after acquiring an additional 295 shares during the period. Finally, VSM Wealth Advisory LLC acquired a new stake in shares of WSFS Financial during the 4th quarter worth approximately $40,000. Institutional investors own 88.49% of the company's stock.

WSFS Financial Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were given a $0.17 dividend. This represents a $0.68 annualized dividend and a yield of 1.15%. This is a positive change from WSFS Financial's previous quarterly dividend of $0.15. The ex-dividend date of this dividend was Friday, May 9th. WSFS Financial's dividend payout ratio (DPR) is currently 15.28%.

WSFS Financial Company Profile

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.