See more : BioSenic S.A. (BIOS.BR) Income Statement Analysis – Financial Results
Complete financial analysis of WSFS Financial Corporation (WSFS) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of WSFS Financial Corporation, a leading company in the Banks – Regional industry within the Financial Services sector.
You may be interested
- Chongqing Zaisheng Technology Co., Ltd. (603601.SS) Income Statement Analysis – Financial Results
- A2Z Smart Technologies Corp. (AZ) Income Statement Analysis – Financial Results
- Newrange Gold Corp. (0V9B.L) Income Statement Analysis – Financial Results
- Scottie Resources Corp. (SCOT.V) Income Statement Analysis – Financial Results
- Check Point Software Technologies Ltd. (0Y9S.L) Income Statement Analysis – Financial Results
WSFS Financial Corporation (WSFS)
About WSFS Financial Corporation
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. The company also provides a range of loans, which comprise fixed and adjustable rate residential 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, and government-insured reverse mortgages. In addition, it offers various third-party investment and insurance products, such as single-premium annuities, whole life policies, and securities; investment advisory services to high net worth individuals and institutions; mortgage and title services; and leases small equipment and fixed assets, as well as cash management, trust, and wealth management services. Further, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering and reconcilement services, armored carrier management, loss protection, ATM processing equipment sales, and deposit safe cash logistics services. As of December 31, 2020, it operated 112 offices, including 52 in Pennsylvania, 42 in Delaware, 16 in New Jersey, 1 in Virginia, and 1 in Nevada. The company was founded in 1832 and is headquartered in Wilmington, Delaware.
| Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 | 2004 | 2003 | 2002 | 2001 | 2000 | 1999 | 1998 | 1997 | 1996 | 1995 | 1994 | 1993 | 1992 | 1991 | 1990 | 1989 | 1988 | 1987 | 1986 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 926.90M | 923.02M | 619.13M | 666.98M | 633.06M | 409.02M | 345.92M | 296.10M | 255.06M | 222.79M | 211.74M | 213.69M | 189.63M | 170.79M | 154.89M | 135.21M | 130.18M | 118.20M | 108.30M | 98.81M | 84.16M | 185.33M | 106.42M | 82.05M | 65.44M | 61.80M | 59.70M | 53.90M | 64.50M | 43.20M | 41.80M | 38.90M | 60.60M | 53.50M | 64.00M | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | -339.16M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 1.27B | 923.02M | 619.13M | 666.98M | 633.06M | 409.02M | 345.92M | 296.10M | 255.06M | 222.79M | 211.74M | 213.69M | 189.63M | 170.79M | 154.89M | 135.21M | 130.18M | 118.20M | 108.30M | 98.81M | 84.16M | 185.33M | 106.42M | 82.05M | 65.44M | 61.80M | 59.70M | 53.90M | 64.50M | 43.20M | 41.80M | 38.90M | 60.60M | 53.50M | 64.00M | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 136.59% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 305.08M | 290.00M | 244.00M | 213.39M | 253.12M | 139.31M | 124.25M | 113.39M | 100.33M | 89.18M | 80.28M | 77.29M | 71.11M | 61.39M | 52.88M | 46.65M | 43.66M | 39.37M | 35.17M | 30.72M | 26.54M | 25.65M | 40.20M | 29.99M | 20.10M | 15.80M | 17.10M | 17.50M | 20.30M | 15.50M | 13.50M | 14.00M | 20.00M | 25.50M | 21.80M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | 11.85M | 7.23M | 5.41M | 5.68M | 6.71M | 4.59M | 3.08M | 3.02M | 3.00M | 2.40M | 2.43M | 2.66M | 4.30M | 3.19M | 3.30M | 3.92M | 3.91M | 2.71M | 2.75M | 2.33M | 1.60M | 1.43M | 2.71M | 2.89M | 1.58M | 1.30M | 1.20M | 700.00K | 1.10M | 1.50M | 900.00K | 300.00K | 2.00M | 4.30M | 4.10M | 0.00 | 0.00 | 0.00 |
| SG&A | 312.99M | 297.23M | 249.41M | 219.07M | 259.83M | 143.90M | 127.33M | 116.41M | 103.33M | 91.58M | 82.71M | 79.94M | 75.41M | 64.59M | 56.18M | 50.57M | 47.57M | 42.08M | 37.92M | 33.05M | 28.15M | 27.08M | 42.91M | 32.88M | 21.68M | 17.10M | 18.30M | 18.20M | 21.40M | 17.00M | 14.40M | 14.30M | 22.00M | 29.80M | 25.90M | 0.00 | 0.00 | 0.00 |
| Other Expenses | 701.13M | -207.32M | -511.00M | -739.64M | -697.63M | -335.62M | -60.97M | -62.57M | 0.00 | 0.00 | 0.00 | 0.00 | -230.89M | -215.80M | -212.50M | -162.70M | -134.63M | -114.19M | -103.51M | -92.02M | -38.32M | -67.11M | -122.79M | -97.33M | -66.21M | -56.10M | -55.00M | -52.50M | -60.20M | -53.00M | -51.50M | -49.40M | -66.80M | -169.70M | -95.50M | 4.20M | 4.70M | 1.50M |
| Operating Expenses | 1.01B | 89.92M | -261.59M | -520.57M | -437.80M | -191.72M | 60.97M | 62.57M | 165.46M | 146.65M | 127.95M | 132.34M | -155.47M | -151.22M | -156.32M | -112.12M | -87.05M | -72.10M | -65.59M | -58.96M | -10.18M | -40.03M | -79.88M | -64.45M | -44.53M | -39.00M | -36.70M | -34.30M | -38.80M | -36.00M | -37.10M | -35.10M | -44.80M | -139.90M | -69.60M | 4.20M | 4.70M | 1.50M |
| Cost & Expenses | 1.01B | 89.92M | -261.59M | -520.57M | -437.80M | -191.72M | 255.34M | 224.49M | 165.46M | 146.65M | 127.95M | 132.34M | -155.47M | -151.22M | -156.32M | -112.12M | -87.05M | -72.10M | -65.59M | -58.96M | -10.18M | -40.03M | -79.88M | -64.45M | -44.53M | -39.00M | -36.70M | -34.30M | -38.80M | -36.00M | -37.10M | -35.10M | -44.80M | -139.90M | -69.60M | 4.20M | 4.70M | 1.50M |
| Interest Income | 976.52M | 703.82M | 456.37M | 514.41M | 521.09M | 292.97M | 254.73M | 216.58M | 182.58M | 160.34M | 147.02M | 150.29M | 158.64M | 162.40M | 157.73M | 166.48M | 189.48M | 177.18M | 136.02M | 104.11M | 89.30M | 94.70M | 120.47M | 129.68M | 110.18M | 108.20M | 109.90M | 104.60M | 100.00M | 80.70M | 72.30M | 85.70M | 117.30M | 143.30M | 132.10M | 0.00 | 0.00 | 0.00 |
| Interest Expense | 251.42M | 40.93M | 22.72M | 48.45M | 76.14M | 46.50M | 33.46M | 22.83M | 15.78M | 15.83M | 15.44M | 23.29M | 32.61M | 41.73M | 53.09M | 77.26M | 107.47M | 99.28M | 62.38M | 37.25M | 31.30M | 33.43M | 58.18M | 65.73M | 71.37M | 71.10M | 69.80M | 58.90M | 58.10M | 44.70M | 38.50M | 55.00M | 86.20M | 107.70M | 91.90M | 0.00 | 0.00 | 0.00 |
| Depreciation & Amortization | 48.60M | 60.54M | 37.84M | 38.20M | 49.82M | 11.27M | 11.64M | 9.92M | 8.18M | 18.05M | 17.34M | 17.40M | 11.14M | 6.66M | 6.82M | 6.22M | 4.93M | 4.51M | 5.44M | 6.02M | 11.56M | 8.89M | 4.98M | 2.37M | 3.37M | 2.90M | -900.00K | -400.00K | -1.30M | 1.40M | 1.00M | 1.00M | 3.50M | 21.30M | 7.10M | 0.00 | 0.00 | 0.00 |
| EBITDA | 0.00 | 361.15M | 369.57M | 183.15M | 244.19M | 182.07M | 120.13M | 107.07M | 91.99M | 89.44M | 88.97M | 65.69M | 46.89M | 27.74M | -130.00K | 0.00 | 0.00 | 0.00 | 0.00 | 45.92M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 4.20M | 4.70M | 1.50M |
| EBITDA Ratio | 0.00% | 41.58% | 63.86% | 27.68% | 38.71% | 55.88% | 34.73% | 36.16% | 36.07% | 40.14% | 42.02% | 30.74% | 23.88% | 15.36% | 3.48% | 21.67% | 36.91% | 42.81% | 44.46% | 46.42% | 101.64% | 83.20% | 29.62% | 24.34% | 37.10% | 41.59% | 37.02% | 35.62% | 37.83% | 19.91% | 13.64% | 12.34% | 31.85% | -121.68% | 2.34% | 0.00% | 0.00% | 0.00% |
| Operating Income | 365.04M | 341.26M | 357.54M | 146.41M | 195.26M | 217.30M | 108.49M | 97.15M | 83.81M | 71.39M | 71.64M | 48.29M | 34.15M | 19.57M | -1.43M | 23.09M | 43.12M | 46.10M | 42.70M | 39.85M | 73.99M | 145.30M | 26.54M | 17.61M | 20.91M | 22.80M | 23.00M | 19.60M | 25.70M | 7.20M | 4.70M | 3.80M | 15.80M | -86.40M | -5.60M | 4.20M | 4.70M | 1.50M |
| Operating Income Ratio | 39.38% | 36.97% | 57.75% | 21.95% | 30.84% | 53.13% | 31.36% | 32.81% | 32.86% | 32.04% | 33.83% | 22.60% | 18.01% | 11.46% | -0.92% | 17.07% | 33.13% | 39.00% | 39.43% | 40.33% | 87.91% | 78.40% | 24.94% | 21.46% | 31.95% | 36.89% | 38.53% | 36.36% | 39.84% | 16.67% | 11.24% | 9.77% | 26.07% | -161.50% | -8.75% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 230.00K | -119.19M | -55.73M | -77.27M | -89.67M | -42.14M | -61.65M | -47.23M | -41.30M | -30.20M | -23.37M | -15.17M | -12.74M | -8.16M | -60.04M | 0.00 | 779.00K | -103.79M | 0.00 | -6.02M | -41.79M | -13.83M | 2.03M | 5.86M | -62.22M | 1.50M | -68.90M | -58.50M | -56.80M | -100.00K | -39.50M | -56.00M | -4.10M | -129.00M | -5.70M | 0.00 | 0.00 | 0.00 |
| Income Before Tax | 365.27M | 300.61M | 357.70M | 144.96M | 194.37M | 170.80M | 108.49M | 97.15M | 83.81M | 71.39M | 71.64M | 48.29M | 34.15M | 19.57M | -1.43M | 23.09M | 43.12M | 46.10M | 42.70M | 39.71M | 32.20M | 131.47M | 28.57M | 23.46M | 20.91M | 24.30M | 23.00M | 19.60M | 25.70M | 7.10M | 4.70M | 3.80M | 11.70M | -86.40M | -5.70M | 0.00 | 0.00 | 0.00 |
| Income Before Tax Ratio | 39.41% | 32.57% | 57.77% | 21.73% | 30.70% | 41.76% | 31.36% | 32.81% | 32.86% | 32.04% | 33.83% | 22.60% | 18.01% | 11.46% | -0.92% | 17.07% | 33.13% | 39.00% | 39.43% | 40.18% | 38.26% | 70.94% | 26.85% | 28.60% | 31.95% | 39.32% | 38.53% | 36.36% | 39.84% | 16.44% | 11.24% | 9.77% | 19.31% | -161.50% | -8.91% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 96.25M | 77.96M | 86.10M | 31.64M | 46.45M | 36.06M | 58.25M | 33.07M | 30.27M | 17.63M | 24.76M | 16.98M | 11.48M | 5.45M | -2.09M | 6.95M | 13.47M | 15.66M | 14.85M | 13.95M | 10.96M | 44.15M | 9.46M | 6.59M | 1.20M | 6.30M | 6.60M | 3.20M | -1.30M | -1.00M | -1.70M | -1.00M | 4.50M | -900.00K | 100.00K | -4.20M | -4.70M | -1.50M |
| Net Income | 269.16M | 222.38M | 271.44M | 114.77M | 148.81M | 134.74M | 50.24M | 64.08M | 53.53M | 53.76M | 46.88M | 31.31M | 22.68M | 14.12M | 663.00K | 16.14M | 29.65M | 30.44M | 27.86M | 25.90M | 63.02M | 101.14M | 17.08M | 11.02M | 19.71M | 16.50M | 16.40M | 16.40M | 27.00M | 8.20M | 6.40M | 4.80M | 11.30M | -85.50M | -5.70M | 4.20M | 4.70M | 1.50M |
| Net Income Ratio | 29.04% | 24.09% | 43.84% | 17.21% | 23.51% | 32.94% | 14.52% | 21.64% | 20.99% | 24.13% | 22.14% | 14.65% | 11.96% | 8.27% | 0.43% | 11.93% | 22.78% | 25.75% | 25.72% | 26.21% | 74.88% | 54.57% | 16.05% | 13.43% | 30.12% | 26.70% | 27.47% | 30.43% | 41.86% | 18.98% | 15.31% | 12.34% | 18.65% | -159.81% | -8.91% | 0.00% | 0.00% | 0.00% |
| EPS | 4.40 | 3.50 | 5.71 | 2.27 | 3.02 | 4.27 | 1.60 | 2.12 | 1.80 | 1.91 | 1.70 | 1.08 | 0.77 | 0.49 | -0.09 | 0.87 | 1.56 | 1.53 | 1.37 | 1.21 | 2.70 | 3.71 | 0.59 | 0.34 | 0.58 | 0.45 | 0.44 | 0.39 | 0.61 | 0.19 | 0.33 | 0.31 | 0.78 | -6.00 | -0.41 | 0.31 | 0.35 | 0.12 |
| EPS Diluted | 4.40 | 3.49 | 5.69 | 2.27 | 3.00 | 4.19 | 1.56 | 2.06 | 1.80 | 1.91 | 1.69 | 1.08 | 0.76 | 0.49 | -0.10 | 0.86 | 1.52 | 1.47 | 1.30 | 1.14 | 2.55 | 3.55 | 0.59 | 0.34 | 0.58 | 0.44 | 0.43 | 0.39 | 0.61 | 0.19 | 0.15 | 0.22 | 0.78 | -6.00 | -0.41 | 0.31 | 0.35 | 0.12 |
| Weighted Avg Shares Out | 61.11M | 63.45M | 47.54M | 50.51M | 49.30M | 31.57M | 31.42M | 30.28M | 28.94M | 27.85M | 26.69M | 26.32M | 25.82M | 22.97M | 18.63M | 18.47M | 18.97M | 19.90M | 20.38M | 21.46M | 23.31M | 27.26M | 28.79M | 32.09M | 33.98M | 36.94M | 37.56M | 41.69M | 44.02M | 43.16M | 19.39M | 15.48M | 14.55M | 14.24M | 13.90M | 13.55M | 13.56M | 12.16M |
| Weighted Avg Shares Out (Dil) | 61.22M | 63.66M | 47.70M | 50.55M | 49.55M | 32.17M | 32.30M | 31.09M | 29.76M | 28.21M | 26.83M | 26.37M | 26.15M | 23.36M | 19.29M | 18.87M | 19.55M | 20.71M | 21.48M | 22.79M | 24.71M | 28.49M | 29.12M | 32.09M | 34.18M | 37.50M | 38.14M | 42.41M | 44.02M | 43.93M | 19.39M | 15.48M | 14.55M | 14.24M | 13.90M | 13.55M | 13.56M | 12.16M |
WSFS Financial Corporation (WSFS) Q4 2023 Earnings Call Transcript
WSFS Financial Corporation (WSFS) Q4 2023 Earnings Call Transcript
WSFS (WSFS) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
While the top- and bottom-line numbers for WSFS (WSFS) give a sense of how the business performed in the quarter ended December 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates...
WSFS Financial (WSFS) Q4 Earnings and Revenues Top Estimates
WSFS Financial (WSFS) came out with quarterly earnings of $1.15 per share, beating the Zacks Consensus Estimate of $1.08 per share. This compares to earnings of $1.38 per share a year ago.
WSFS Reports 4Q 2023 EPS of $1.05 and ROA of 1.25%; Reflects Strong Deposit and Fee Revenue Growth, NIM of 3.99%; Full Year EPS of $4.40 and ROA of 1.33%
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the fourth quarter of 2023. Selected financial results and metrics are as follows: (Dollars in millions, except per share data) ...
Ahead of WSFS (WSFS) Q4 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Evaluate the expected performance of WSFS (WSFS) for the quarter ended December 2023, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
Analysts Estimate WSFS Financial (WSFS) to Report a Decline in Earnings: What to Look Out for
WSFS (WSFS) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
WSFS Announces Nara Lilly as Senior Vice President, Privacy Officer
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce the hire of Nara Lilly.
WSFS Financial Corporation Announces Fourth Quarter and Full-Year 2023 Earnings Release Date and Conference Call
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, expects to report its fourth quarter and full-year earnings at the end of business Thursday, January 25, 2024. Management will conduct a conference call to review this...
WSFS Celebrates Grand Opening of 1818 WSFS Bank Place Banking Office and Wiss Fiss Lounge
PHILADELPHIA--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), today celebrated the Grand Opening of its banking office and the accompanying Wiss Fiss Lounge, marking another chapter in the Bank's commitment to Philadelphia. The new banking office...
WSFS Announces Lisa Brubaker as Executive Vice President, Chief Human Resources Officer
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced today that Lisa Brubaker will assume the role of Executive Vice President, Chief Human Resources Officer (CHRO) reporting to Rodger Levenson, Chairman, President and Chief Executive...
Source: https://incomestatements.info
Category: Stock Reports
What drives WSFS’s fee revenue growth?
The outperformance in fee income was primarily attributed to two key segments: the Cash Connect business and wealth management. Looking ahead, WSFS Financial’s outlook for 2024 remains largely unchanged.