WSFS Financial (WSFS) Expected to Announce Quarterly Earnings on Thursday

WSFS Financial (NASDAQ:WSFS - Get Free Report) is expected to be issuing its Q2 2025 quarterly earnings data after the market closes on Thursday, July 24th. Analysts expect the company to announce earnings of $1.11 per share and revenue of $221.93 million for the quarter.

WSFS Financial (NASDAQ:WSFS - Get Free Report) last posted its quarterly earnings results 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. WSFS Financial had a return on equity of 10.06% and a net margin of 18.86%. The company had revenue of $256.11 million for the quarter, compared to the consensus estimate of $235.44 million. During the same quarter in the prior year, the business posted $1.11 EPS. The firm's quarterly revenue was up 1.7% on a year-over-year basis. On average, analysts expect WSFS Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

WSFS Financial Trading Down 0.9%

Shares of WSFS traded down $0.52 during trading hours on Friday, reaching $58.17. The stock had a trading volume of 299,841 shares, compared to its average volume of 309,735. The company has a quick ratio of 0.83, a current ratio of 0.83 and a debt-to-equity ratio of 0.12. WSFS Financial has a 52 week low of $42.44 and a 52 week high of $62.75. The firm has a 50-day moving average of $54.76 and a 200 day moving average of $53.31. The company has a market cap of $3.30 billion, a P/E ratio of 13.07 and a beta of 0.87.

WSFS Financial Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 23rd. Investors of record on Friday, May 9th were paid a $0.17 dividend. The ex-dividend date of this dividend was Friday, May 9th. This is a positive change from WSFS Financial's previous quarterly dividend of $0.15. This represents a $0.68 dividend on an annualized basis and a yield of 1.17%. WSFS Financial's dividend payout ratio is presently 15.28%.

Wall Street Analysts Forecast Growth

Several research firms recently issued reports 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 reiterated an "overweight" rating and set a $64.00 target price on shares of WSFS Financial in a report on Monday, April 28th. Finally, Wall Street Zen lowered WSFS Financial from a "hold" rating to a "sell" rating in a report on Friday, May 30th. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and two have issued a buy rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and a consensus target price of $62.75.

Institutional Trading of WSFS Financial

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. United Services Automobile Association bought a new position in shares of WSFS Financial during the 1st quarter worth approximately $204,000. AQR Capital Management LLC boosted its holdings in shares of WSFS Financial by 102.6% during the 1st quarter. AQR Capital Management LLC now owns 10,347 shares of the bank's stock worth $537,000 after buying an additional 5,240 shares in the last quarter. Intech Investment Management LLC boosted its holdings in shares of WSFS Financial by 21.8% during the 1st quarter. Intech Investment Management LLC now owns 31,594 shares of the bank's stock worth $1,639,000 after buying an additional 5,649 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of WSFS Financial by 3.5% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,835 shares of the bank's stock worth $1,807,000 after buying an additional 1,176 shares in the last quarter. Finally, Millennium Management LLC boosted its holdings in shares of WSFS Financial by 230.4% during the 1st quarter. Millennium Management LLC now owns 72,726 shares of the bank's stock worth $3,772,000 after buying an additional 50,717 shares in the last quarter. Institutional investors and hedge funds own 88.49% of the company's stock.

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.