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. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, 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 to developers; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion, and other business purposes; and consumer credit products, such as home improvement, automobile, and other secured and unsecured personal installment loans, as well as home equity lines and unsecured lines of credit. 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 other related services; and online reporting and ATM cash management, predictive cash ordering, armored carrier management, and ATM processing and equipment sales and deposit safe cash logistics services. As of February 27, 2018, it operated 76 offices, including 46 in Delaware, 28 in Pennsylvania, 1 in Virginia, and 1 in Nevada. WSFS Financial Corporation was founded in 1832 and is headquartered in Wilmington, Delaware.
Industry, Sector and Symbol
Stock Exchange NASDAQ
Industry National commercial banks
Sub-IndustryThrifts & Mortgage Finance
SectorFinance
SymbolNASDAQ:WSFS
CUSIP92932810
Phone302-792-6000
Debt
Debt-to-Equity Ratio1.07
Current Ratio1.03
Quick Ratio1.03
Price-To-Earnings
Trailing P/E Ratio19.32
Forward P/E Ratio13.74
P/E Growth1.17
Sales & Book Value
Annual Sales$379.37 million
Price / Sales4.14
Cash Flow$3.5347 per share
Price / Cash13.99
Book Value$23.06 per share
Price / Book2.14
Profitability
EPS (Most Recent Fiscal Year)$2.56
Net Income$50.24 million
Net Margins20.57%
Return on Equity13.02%
Return on Assets1.39%
Miscellaneous
Employees1,159
Outstanding Shares31,770,000
Market Cap$1.61 billion
WSFS Financial (NASDAQ:WSFS) Frequently Asked Questions
What is WSFS Financial's stock symbol?
WSFS Financial trades on the NASDAQ under the ticker symbol "WSFS."
How often does WSFS Financial pay dividends? What is the dividend yield for WSFS Financial?
WSFS Financial announced a quarterly dividend on Monday, July 23rd. Stockholders of record on Friday, August 10th will be given a dividend of $0.11 per share on Friday, August 24th. This represents a $0.44 annualized dividend and a dividend yield of 0.89%. The ex-dividend date of this dividend is Thursday, August 9th. View WSFS Financial's Dividend History.
When did WSFS Financial's stock split? How did WSFS Financial's stock split work?
WSFS Financial's stock split on the morning of Tuesday, May 5th 2015. The 3-1 split was announced on Tuesday, March 17th 2015. The newly created shares were payable to shareholders after the closing bell on Monday, May 4th 2015. An investor that had 100 shares of WSFS Financial stock prior to the split would have 300 shares after the split.
How were WSFS Financial's earnings last quarter?
WSFS Financial Co. (NASDAQ:WSFS) released its quarterly earnings data on Monday, July, 23rd. The bank reported $0.90 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.82 by $0.08. The bank earned $95.98 million during the quarter, compared to analyst estimates of $93.63 million. WSFS Financial had a return on equity of 13.02% and a net margin of 20.57%. View WSFS Financial's Earnings History.
When is WSFS Financial's next earnings date?
What price target have analysts set for WSFS?
6 Wall Street analysts have issued 12-month price targets for WSFS Financial's stock. Their forecasts range from $55.00 to $64.00. On average, they expect WSFS Financial's stock price to reach $59.20 in the next twelve months. This suggests a possible upside of 19.7% from the stock's current price. View Analyst Price Targets for WSFS Financial.
What is the consensus analysts' recommendation for WSFS Financial?
6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for WSFS Financial in the last year. There are currently 2 hold ratings and 4 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for WSFS Financial.
What are Wall Street analysts saying about WSFS Financial stock?
Here are some recent quotes from research analysts about WSFS Financial stock:
- 1. According to Zacks Investment Research, "WSFS Financial Corporation is a thrift holding company. WSFS provides residential and commercial real estate, commercial and consumer lending services, as well as cash management services funding these activities primarily with retail deposits and borrowings. " (8/15/2018)
- 2. Boenning Scattergood analysts commented, "ECPG reported $1.33 in adjusted 2Q18 EPS, the top end of the pre-announced range (7/16). There were moving pieces, including an $18M valuation reversal, $7M of derivative MTM loss Cabot transaction hedges, and a discretionary marketing/mailing initiative (undisclosed amount). Thus, a lot of noise, but the underlying trends continue to move in the right direction, and ECPG continues to execute well. With its locked- in flow arrangements and leading positions in the US/UK markets where supply continues to increase, the company should be well positioned to continue to grow earnings. We continue to like the story and recommend investors take advantage of the fact that the stock is down ~20% since 3/31 as the fundamentals remain on track." (8/9/2018)
Who are some of WSFS Financial's key competitors?
Some companies that are related to WSFS Financial include PacWest Bancorp (PACW), Webster Financial (WBS), CIT Group (CIT), First Horizon National (FHN), Synovus Financial (SNV), Sterling Bancorp (STL), Pinnacle Financial Partners (PNFP), Akbank T.A.S. (AKBTY), TCF Financial (TCF), F.N.B. (FNB), MB Financial (MBFI), Valley National Bancorp (VLY), UMB Financial (UMBF), Community Bank System (CBU) and Fulton Financial (FULT).
Who are WSFS Financial's key executives?
WSFS Financial's management team includes the folowing people:
- Mr. Mark A. Turner, Chairman, Pres & CEO (Age 55)
- Mr. Dominic C. Canuso C.F.A, Exec. VP & CFO (Age 43)
- Mr. Rodger Levenson, Exec. VP & COO (Age 57)
- Mr. Richard M. Wright, Exec. VP & Chief Retail Banking Officer (Age 65)
- Ms. Peggy H. Eddens, Exec. VP and Chief Associate & Customer Experience Officer (Age 62)
Has WSFS Financial been receiving favorable news coverage?
Media stories about WSFS stock have been trending somewhat positive this week, Accern Sentiment Analysis reports. The research firm rates the sentiment of media coverage by monitoring more than twenty million news and blog sources in real-time. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores nearest to one being the most favorable. WSFS Financial earned a coverage optimism score of 0.00 on Accern's scale. They also gave media stories about the bank an impact score of 45.96 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the company's share price in the immediate future. View Recent Headlines for WSFS Financial.
Who are WSFS Financial's major shareholders?
WSFS Financial's stock is owned by many different of retail and institutional investors. Top institutional investors include BlackRock Inc. (6.82%), Standard Life Aberdeen plc (4.49%), Dimensional Fund Advisors LP (4.09%), Renaissance Technologies LLC (3.69%), FMR LLC (3.55%) and Macquarie Group Ltd. (3.35%). Company insiders that own WSFS Financial stock include Francis B Brake, Mark A Turner, Marvin N Schoenhals, Patrick Joseph Ward, Paul D Geraghty, Paul S Greenplate, Peggy H Eddens, Richard Wright, Rodger Levenson, S James Mazarakis and Thomas W Kearney. View Institutional Ownership Trends for WSFS Financial.
Which institutional investors are selling WSFS Financial stock?
WSFS stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Federated Investors Inc. PA, Wedge Capital Management L L P NC, Eagle Asset Management Inc., Fort Washington Investment Advisors Inc. OH, Millennium Management LLC, Frontier Capital Management Co. LLC and Voya Investment Management LLC. Company insiders that have sold WSFS Financial company stock in the last year include Mark A Turner, Patrick Joseph Ward, Paul D Geraghty, Richard Wright, S James Mazarakis and Thomas W Kearney. View Insider Buying and Selling for WSFS Financial.
Which institutional investors are buying WSFS Financial stock?
WSFS stock was bought by a variety of institutional investors in the last quarter, including BlackRock Inc., OppenheimerFunds Inc., Macquarie Group Ltd., Standard Life Aberdeen plc, PNC Financial Services Group Inc., California Public Employees Retirement System, Renaissance Technologies LLC and Tiedemann Advisors LLC. View Insider Buying and Selling for WSFS Financial.
How do I buy shares of WSFS Financial?
Shares of WSFS can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is WSFS Financial's stock price today?
One share of WSFS stock can currently be purchased for approximately $49.45.
How big of a company is WSFS Financial?
WSFS Financial has a market capitalization of $1.61 billion and generates $379.37 million in revenue each year. The bank earns $50.24 million in net income (profit) each year or $2.56 on an earnings per share basis. WSFS Financial employs 1,159 workers across the globe.
How can I contact WSFS Financial?
WSFS Financial's mailing address is NASDAQ, WILMINGTON DE, 19801. The bank can be reached via phone at 302-792-6000 or via email at [email protected]
MarketBeat Community Rating for WSFS Financial (NASDAQ WSFS)
MarketBeat's community ratings are surveys of what our community members think about WSFS Financial and other stocks. Vote "Outperform" if you believe WSFS will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WSFS will underperform the S&P 500 over the long term. You may vote once every thirty days.
