What is the revenue and EPS growth rate for WSFS Financial year over year?

What factors drove the changes in WSFS Financial's revenue and profit?

What were the key takeaways from WSFS Financial’s earnings call?

What does WSFS Financial do and what are its main business segments?

What is WSFS Financial's latest dividend and current dividend yield?

What is the market's earnings forecast for WSFS Financial next quarter?

What were the key takeaways from WSFS Financial's earnings call?

Did WSFS Financial beat or miss consensus estimates last quarter?

- **Record Financials**: Q4 core EPS up 29% YoY to $1.43, with full-year EPS growth of 19%. NIM of 3.83% reflects strong deposit repricing despite rate cuts.
- **Growth Drivers**: Wealth & Trust fee revenue up 13% YoY, C&I loans growing 15% annualized, and noninterest-bearing deposits at 32% of total.
- **Capital Allocation**: $288M in buybacks (9% of shares) in 2025, with 2026 outlook for ~100% net income return via buybacks.
- **Strategic Shifts**: Exiting low-margin businesses to focus on fee-based growth, with 2026 core EPS expected to grow double digits.
- **Risk Management**: Nonperforming assets at lowest level in 2 years, with net charge-offs at 46 bps in Q4 (35-45 bps guidance for 2026).

**【Management Opening Remarks】**
- **Strong Financial Performance**: Core EPS of $1.43 for Q4 2025, up 29% YoY, with full-year core EPS of $5.21, up 19% YoY. Net interest margin (NIM) of 3.83% for Q4, down 8 bps QoQ due to rate cuts, but up 3 bps YoY.
- **Revenue Growth**: Fee revenue increased 2% QoQ and 8% YoY, driven by Wealth & Trust (13% YoY growth) and home lending. Total loans grew 2% QoQ (9% annualized), with C&I loans up 4% QoQ (15% annualized).
- **Capital Return**: $109M in buybacks in Q4, bringing full-year total to $288M (9% of shares). Outlook for 2026 includes maintaining elevated buybacks (~100% of net income) and dividend payout ratio of ~85%.

**【CEO Commentary】**
- **Strategic Focus**: Emphasized exiting non-core businesses (e.g., Upstart, powder mill) to focus on high-margin fee businesses (e.g., Wealth & Trust, Cash Connect). 2026 outlook includes double-digit core EPS growth and ROA of ~1.40%.
- **M&A Strategy**: Open to M&A opportunities that strengthen regional presence, but confident in organic growth through fee businesses and C&I lending.

**【CFO Financial Commentary】**
- **NIM Outlook**: 3.80% for 2026, incorporating 75 bps of rate cuts. Deposit beta expected to remain low 40s, with 43% beta in Q4. Hedging program ($1.3B hedges in-the-money) and securities portfolio reinvestment (~4.3% yield) mitigate rate cuts.
- **Expense Management**: Efficiency ratio target of high 50s, driven by real estate portfolio optimization, divestitures, and headcount discipline.
- **Asset Quality**: Nonperforming assets down 40% YoY. Net charge-offs at 46 bps for Q4, with 2026 guidance of 35-45 bps.

**【Q&A Highlights】**
- **Commercial Loan Growth**: Strong pipeline (~$300M in Q3) converted to originations in Q4, driven by tax clarity and client confidence. Expect mid-single-digit loan growth in 2026.
- **Cash Connect Margin**: Improved to low double digits from high single digits, driven by pricing, expense optimization, and Smart Safe growth (33% of units vs. 25% YoY).
- **Deposit Strategy**: Focus on noninterest-bearing deposits (32% of total) and core client relationships, with mid-single-digit deposit growth expected in 2026.
- **Risk-Adjusted Returns**: Consumer lending focused on real estate-secured products (e.g., home equity loans), while C&I lending emphasizes relationship banking with higher service fees.

WSFS Financial Corporation (WSFS) Q4 2025 Earnings Call Transcript

- **Record Profit Growth**: Core EPS up 30% YoY, net income +21% YoY, CET1 at 14.39%.
- **Strong Asset Quality**: NPA down 30%, delinquencies -34%, charge-offs at 30bps.
- **Strategic Buybacks**: $56.3M returned Q3, targeting 12%+ CET1 with elevated buybacks.
- **Growth Drivers**: Wealth & Trust +13% YoY, mortgage +5% QoQ, consumer loans +3% QoQ.
- **Margin Resilience**: Hedging neutralizes 40% rate sensitivity, 43% deposit beta offsets cuts.

**【CFO Opening Remarks】**
- **Core EPS of $1.40**: Up 30% YoY, driven by 21% YoY net income growth and 12% YoY tangible book value increase.
- **Net Interest Margin (NIM)**: Expanded 2bps to 3.91%, benefiting from 4bps recovery from a nonperforming loan and 2bps deposit cost decline.
- **Fee Revenue**: Flat QoQ due to strategic exits (Wealth/Trust) but +5% ex-exits, with Capital Markets and Cash Connect leading growth.
- **Asset Quality**: Total net credit costs down $5.9M QoQ, NPA down 30%, delinquencies -34%, and charge-offs at 30bps.
- **Capital Returns**: $56.3M returned (1.5% buybacks), CET1 at 14.39%, targeting 12%+ buybacks over 2-3 years.

**【CFO Financial Commentary】**
- **Balance Sheet**: Loans -1% QoQ (excluding Upstart/Spring EQ runoff), deposits +1% QoQ, noninterest deposits +12% YoY.
- **Wealth & Trust**: +13% YoY AUM, institutional services +30% QoQ, BMT of Delaware +20% QoQ.
- **Mortgage Growth**: Residential +5% QoQ, consumer loans +3% QoQ.
- **Hedging Program**: $850M floor options in-the-money, neutralizing 40% of floating rate loans.

**【Q&A Highlights】**
- **Capital Strategy**: 100%+ net income buybacks for 2-3 years, CET1 target 12%+.
- **Asset Quality**: Disciplined underwriting, proactive client engagement, +$300M pipeline.
- **Cash Connect**: Rate cuts benefit margin ($300K/25bps), profit margin up to 10% vs. 6% prior.
- **Commercial Growth**: +5% QoQ pipeline, focused on profitable C&I originations.
- **Margin Management**: 43% deposit beta, hedging neutralizes 40% rate sensitivity.


WSFS Financial Corporation (WSFS) Q3 2025 Earnings Call Transcript

- **Financial Strength**: Core EPS $1.27, NIM 3.89%, fee revenue +9% QoQ, 11% noninterest deposit growth.
- **Strategic Growth**: C&I loans +2% QoQ, wealth fee revenue double-digit growth, 2.7% buybacks reducing shares.
- **Outlook**: 1.30% ROA, NIM 3.85% (incorporating 225 bps rate cuts), low single-digit fee growth.
- **Risk Management**: 14 bps net charge-offs ex-Upstart, 60% efficiency ratio, 4 bps annual securities rollover uplift.

**【CFO Financial Overview】**
- Core EPS of $1.27, up from Q1, with NIM expanding 1 bps to 3.89% due to 9 bps funding cost reduction. Deposit beta was 43%.
- Fee revenue grew 9% QoQ, driven by wealth (17% YoY), capital markets, and mortgage. Noninterest deposits rose 11% YoY to 30% of total.
- Loans stable QoQ, with C&I up 2% and HELOCs up 8%. Net charge-offs at 30 bps (14 bps ex-Upstart sale).
- Returned $87.3M capital (2.7% buybacks) in Q2, with $150M YTD, reducing shares by 4.4%.

**【CEO Strategic Update】**
- Focused on accretive C&I growth, with Q2 as strongest commercial funding quarter in over a year. C&I balances +2% QoQ.
- Borrower sentiment improving post-tariff uncertainty, with some projects resuming. Commercial portfolio performing well.
- Unwinding nonstrategic partnerships to expand wealth franchise; fee revenue expected low single-digit growth.

**【CFO Midyear Outlook】**
- 2025 guidance: ROA 1.30%, low single-digit C&I growth, flat consumer loans (ex-Upstart). NIM 3.85% (incorporating 225 bps rate cuts).
- Deposit repricing to mitigate rate cuts; 4 bps annual uplift from securities rollover. Efficiency ratio ~60%.
- Buybacks to continue on glide path to 12% CET1, with discretion for M&A opportunities.

**【Q&A Highlights】**
- **Loan Growth**: C&I focus, selective CRE. Q2 C&I originations highest in over a year.
- **Expense Management**: Q2 run rate sustainable, with $1.6M Cash Connect recovery. Pretax margin targeting teens.
- **NIM Risks**: 2-3 bps impact per 25 bps cut, but beta mitigation limits to 1 bps. Upstart runoff reducing NIM 2 bps Q3/Q4.
- **Capital Allocation**: Buybacks primary use, with M&A focus on fee businesses (wealth, trust).

WSFS Financial (WSFS)-25 Jul 25-2025 Q2 Earnings call transcript

- **Strong Q1 Financials**: Core EPS $1.13, 8bps NIM expansion, 6% fee revenue growth, and 59% efficiency ratio.
- **Credit Resilience**: 27bps NCOs (excluding one-off $15.9M write-off), stable pipeline, and 4% YoY deposit growth.
- **Capital Return Focus**: $62.6M returned in Q1; 13% dividend hike and 10% buyback authorization.
- **Macro Caution**: Clients delaying investments; no sector-specific credit issues but cautious outlook.
- **Efficient Cash Connect**: 7% profit margin despite rate headwinds; ROA improving through pricing and expense control.

**【CFO Financial Highlights】**
- **Core Earnings**: Q1 2025 core EPS of $1.13, ROA of 1.29%, and PPNR of $104.6M, all up from prior quarter.
- **Net Interest Margin**: Expanded 8bps to 3.88% on 15bps funding cost decline; 4bps YoY expansion despite 100bps rate cuts.
- **Fee Revenue Growth**: 6% YoY driven by Wealth & Trust (+19%), Institutional Services, and Bryn Mawr Trust.
- **Expense Efficiency**: 59% efficiency ratio vs. 63% prior quarter, down 9% QoQ due to seasonal factors and one-time items.
- **Credit Metrics**: Gross loans down <1% QoQ; client deposits +4% YoY, noninterest-bearing deposits +6% YoY.
- **Credit Quality**: Total net charge-offs $24.6M (+$8.9M QoQ) due to one-off $15.9M C&I loan write-off; excluding this, NCOs 27bps vs. 35-45bps guide.
- **Capital Return**: $62.6M returned via buybacks ($53.8M) and dividends ($8.8M); 13% dividend increase and 10% share repurchase authorization.

**【CEO Strategic Insights】**
- **Commercial Loan Activity**: Originations muted as clients delay investments amid macro uncertainty; pipeline stable at prior levels.
- **Client Behavior**: Businesses in holding pattern for 60-90 days; no sector-specific delinquency trends noted.
- **Cash Connect Performance**: Q1 profit margin ~7% (vs. 6.5% prior quarter), driven by pricing offsets and expense controls; ROA improving despite rate headwinds.
- **Capital Strategy**: Targeting 12% CET1 over 2-3 years via gradual buyback glide path; 14% CET1 buffer provides flexibility.

**【Q&A Key Takeaways】**
- **Guidance Timing**: No Q1 update due to macro volatility; full year outlook to be shared post-Q2.
- **Expense Run Rate**: Q1 expenses $152M with $4M one-time items; expect $160M run rate in coming quarters.
- **Deposit Beta Progress**: Achieved 38% Q1 beta (vs. 40% end-2025 target); hedging program ($1.5B floor options) mitigating rate cuts' impact.
- **Tariff Policy Impact**: Monitoring C&I exposure to federal spending/tariffs; no changes to underwriting yet.
- **Share Repurchases**: 55% of 2024 buybacks completed in Q1; 14% total authorization vs. outstanding shares.


WSFS Financial (WSFS)-25 Apr 25-2025 Q1 Earnings call transcript

- **Strong Financials**: Full year core EPS $4.39, ROA 1.26%, ROTCE 17.83%.
- **Fee Growth Leader**: Wealth & Trust fee up 19% YoY, $40M Q4 record.
- **2025 Growth Plan**: 1.25% ROA, mid-single-digit loan growth, 3.80% NIM.
- **Cash Connect Turnaround**: Profit margin to high single-digits via pricing & cash optimization.
- **Efficient Capital Use**: 60% efficiency ratio target, 77% loyalty deposits.


**【CFO Opening Remarks】**
- Q4 2024 core EPS of $1.11, full year $4.39, with ROA of 1.26% and ROTCE of 17.83%.
- $4.7M pretax loss from terminating a Cash Connect client, but core fee revenue grew 7% Q/Q driven by Wealth & Trust ($40M record quarter).
- Net interest margin 3.80%, up 2bps Q/Q despite rate cuts; deposit beta 26% Q/Q, 35% exit beta.
- Loans down 1% Q/Q due to seasonal payoffs, but up 3% Y/Y with C&I/Mortgage growth.
- Total net credit costs down $11.4M Q/Q; NCOs 20bps Q/Q, 27bps annualized.

**【2025 Outlook】**
- Core ROA target 1.25%, mid-single-digit loan growth (Commercial) vs flat Consumer (offsetting Upstart/Spring EQ runoff).
- NIM maintained at 3.80%, deposit growth low single-digits.
- Fee revenue growth mid-single-digit, with Cash Connect profit margin expansion despite top-line decline.
- Efficiency ratio target 60%, net charge-offs 35-45bps.

**【Q&A Key Takeaways】**
- **Expense Management**: 50% YoY expense growth driven by incentive comp and 80 FTE hires (2/3 in Wealth/Commercial/Technology).
- **Cash Connect Strategy**: Pricing optimization and reducing noninterest-bearing cash to boost profit margin to high single-digits.
- **Capital Allocation**: 35% net income return (15% dividend, rest buybacks); targeting 20% securities/asset ratio.
- **Loan Growth Drivers**: Mortgage/HELOC origination offsetting partnership runoff; 77% loyalty deposit ratio provides funding flexibility.
- **Credit Quality**: ACL coverage 1.48%, focused on well-collateralized Commercial loans despite industry normalization.


Actual											0.23	-0.46	1	1.16	1.39	2	1.19	1.04	0.93	1.02	1.23	1.38	1.02	1.16	1.23	1.15	1.11	1.08	1.08	1.11	1.13	1.27	1.4	1.43
Forecast											0.694	0.452	0.716	0.908	0.85	0.885	0.878	0.76	0.686	0.8967	1.2467	1.365	1.278	1.096	1.042	1.048	1.066	1.04	1.0579	0.974	1.046	1.1325	1.2525	1.232
Surprise	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	-66.86%	-201.77%	+39.66%	+27.75%	+63.53%	+125.99%	+35.54%	+36.84%	+35.57%	+13.75%	-1.34%	+1.10%	-20.19%	+5.84%	+18.04%	+9.73%	+4.13%	+3.85%	+2.09%	+13.96%	+8.03%	+12.14%	+11.78%	+16.07%

WSFS

WSFS fundamentals

WSFS Q4 2025 Earnings

Earnings Call

You can ask Aime

WSFS

WSFS fundamentals

WSFS Q4 2025 Earnings

Earnings Call

WSFS Earnings Call Summary for Q4/20251:00 PM on Jan 27, 2026

WSFS Earnings Call Summary for Q3/20251:00 PM on Oct 24, 2025

WSFS Earnings Call Summary for Q2/20251:00 PM on Jul 25, 2025

WSFS Earnings Call Summary for Q1/20251:00 PM on Apr 25, 2025

WSFS Earnings Call Summary for Q4/20241:00 PM on Jan 28, 2025

You can ask Aime