See more : EuroSite Power Inc. (EUSP) 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
- Antec Inc. (6276.TWO) Income Statement Analysis – Financial Results
- Pico (Thailand) Public Company Limited (PICO.BK) Income Statement Analysis – Financial Results
- Beijing Quanshi World Online Network Information Co., Ltd. (002995.SZ) Income Statement Analysis – Financial Results
- Venlon Enterprises Limited (VENLONENT.BO) Income Statement Analysis – Financial Results
- NICHIDEN Corporation (9902.T) 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 Reports 1Q 2023 EPS of $1.01 and ROA of 1.27%; Reflects the Strength and Resiliency of Our Diversified Businesses; Liquidity and Capital Continue at Strong Levels
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2023. Selected financial results and metrics are as follows: (Dollars in millions, except per share data) ...
WSFS Reports 1Q 2023 EPS of $1.01 and ROA of 1.27%; Reflects the Strength and Resiliency of Our Diversified Businesses; Liquidity and Capital Continue at Strong Levels
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2023. Selected financial results and metrics are as follows: (Dollars in millions, except per share data) 1Q...
10 Banks Are Raking It In As Their Profits Soar, Analysts Say
What banking crisis? For some banks, profits are booming.
WSFS Financial Corporation Announces First Quarter 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 first quarter earnings at the end of business Monday, April 24, 2023. Management will conduct a conference call to review this information at...
WSFS Financial Corporation Announces First Quarter 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 first quarter earnings at the end of business Monday, April 24, 2023. Management will conduct a conference call to review this information at...
WSFS Bank Receives the Gallup Exceptional Workplace Award for Seventh Time
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), announced that it received The Gallup Exceptional Workplace Award.
WSFS Bank Receives the Gallup Exceptional Workplace Award for Seventh Time
WILMINGTON, Del.--(BUSINESS WIRE)--WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), is pleased to announce that for the seventh time it has received The Gallup Exceptional Workplace Award, which recognizes companies with the most engaged workplace cultures. WSFS...
WSFS Bank Study Finds Americans Are Confident Managing Their Money, But Inflation, Rising Costs and Fears of an Economic Downturn Are Impacting Financial Security
WILMINGTON, Del.--(BUSINESS WIRE)--A new survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), found Americans are confident managing their money, including 91% of respondents in the Greater Philadelphia and Delaware region (89% nationally), but 34% in...
WSFS Bank Study Finds Americans Are Confident Managing Their Money, But Inflation, Rising Costs and Fears of an Economic Downturn Are Impacting Financial Security
WILMINGTON, Del.--(BUSINESS WIRE)--A new survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), found Americans are confident managing their money.
WSFS CARES Foundation Provides First Quarter Grants to Community Organizations in Delaware and Pennsylvania
WILMINGTON, Del.--(BUSINESS WIRE)--The WSFS CARES Foundation, the charitable giving arm of WSFS Bank (Nasdaq: WSFS), announced it has provided grants to three community organizations.
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.