Start here if you're new
what it is
WSFS is a regional bank that makes loans, gathers deposits, and manages money across Pennsylvania, Delaware, and New Jersey.
how it gets paid
Last year Wsfs Finl made $1.0B in revenue. pennsylvania branch footprint was the main engine at $500M, or 50% of sales.
why growth slowed
Revenue fell 4.1% last year. Gross loans and leases declined 1% sequentially, due to the previously announced sale of upstart loans and the ongoing reduction in the spring eq portfolio.
what just happened
WSFS just printed $1.50 EPS versus a $1.24 estimate, while the prior quarter already showed margin improvement.
At a glance
B++ balance sheet — above average — nothing keeping you up at night
55/100 earnings predictability — expect surprises
11.6x trailing p/e — the market's not buying it — or you found a deal
1.2% dividend yield — cash in your pocket every quarter
xvary composite: 59/100 — below average
What they do
WSFS is a regional bank that makes loans, gathers deposits, and manages money across Pennsylvania, Delaware, and New Jersey.
WSFS wins because it is already in your neighborhood and already in your paperwork. It runs 114 offices across Pennsylvania, Delaware, and New Jersey, and it oversees $89 billion under management, so your checking account, business loan, and trust assets can sit under one roof. Switching costs (moving banks → redoing payments, treasury links, and wealth accounts → a real headache) are boring, which is why they work.
How they make money
$1.0B
annual revenue · their business grew -4.1% last year
pennsylvania branch footprint
$500M
delaware branch footprint
$342M
new jersey branch footprint
$123M
other locations
$35M
The products that matter
commercial and consumer banking
Regional banking
$1.0B revenue
it generated the full $1.0B shown on this page, but revenue still fell 4.1% from last year. that's why the loan book matters more than the headline multiple.
core earnings engine
wealth, trust and fee services
Noninterest income businesses
3Q showed growth
wealth and trust fee revenue posted double-digit growth last quarter. the dollars are not broken out here, but this is the piece that can make WSFS less hostage to rates.
diversifier
payments and treasury-style services
Cash Connect and capital markets
sequential improvement
management called out solid sequential performance here. that's useful because loan balances fell 1% sequentially, so fee lines need to pull more weight if growth stays soft.
watch closely
Key numbers
11.6x
trailing p/e
You are paying 11.6 times trailing earnings for a bank expected to earn $5.15 in fiscal 2026. That is cheap if credit holds.
$21B
assets
This is not a tiny community bank. A $21 billion asset base gives WSFS scale, but not money-center-bank bloat.
$89B
client assets
That asset pile makes the wealth side matter. Fee businesses help when lending gets choppy.
3.91%
loan spread
NIM (net interest margin → what the bank keeps between loan yields and funding costs → the main earnings engine) improved from 3.78% to 3.91%.
Financial health
B++
strength
- balance sheet grade B++ — above average financial health
- risk rank 3 — safer than 50% of stocks
- price stability 60 / 100
- net profit margin 20.3% — keeps 20 cents of every dollar in revenue
- return on equity 10% — $0.10 profit for every $1 investors have put in
B++ — functional but not a standout on the balance sheet.
Total return vs. market
You invested $10,000 in WSFS 3 years ago → it's now worth $13,620.
The index would have given you $13,920.
source: institutional data · total return
What just happened
beat estimates
WSFS just printed $1.50 EPS versus a $1.24 estimate, while the prior quarter already showed margin improvement.
Third-quarter EPS rose 27% vs. prior year to $1.37 from $1.08 as deposit costs improved and net interest margin expanded to 3.91% from 3.78%. The latest reported beat versus consensus was $1.50 against $1.24, a 20.97% surprise.
$762M
revenue
$1.50
eps
3.91%
net interest margin
the number that mattered
3.91% is the number. NIM is the bank's basic spread, and it rose from 3.78%, which is why earnings moved faster than revenue.
-
wsfs financial posted a solid third-quarter bottom-line performance.
-
share earnings rose 27% vs. prior year, to $1.37, compared with $1.08 in the year-ago period.
-
the net interest margin (nim) improved to 3.91% from 3.78% a year earlier, reflecting the benefits of deposit repricing actions and lower wholesale funding costs, which more than offset pressure from declining asset yields following ongoing interest rate cuts.noninterest income also contributed positively, with double-digit growth in wealth and trust fee revenue and solid sequential performance in the capital markets and cash connect businesses.
-
the loan portfolio continued to face challenges.
-
gross loans and leases declined 1% sequentially, due to the previously announced sale of upstart loans and the ongoing reduction in the spring eq portfolio.
source: company earnings report, 2026
Get this snapshot in your inbox
This page, delivered free — plus weekly updates when the numbers change. plain english, no spam.
weekly updates
earnings alerts
plain english
no spam
What could go wrong
the #1 risk is net interest margin reversal and loan softness in a Delaware-area regional bank.
med
margin compression
65% of revenue comes from net interest income. If deposit costs rise or asset yields stop helping, the earnings engine slows fast.
This is the main reason a 3.91% net interest margin matters so much. If that number rolls over, the quarter likely looks less impressive next.
med
loan growth and credit quality
Gross loans and leases fell 1% sequentially last quarter. A regional bank can protect margin for a while, but it cannot shrink its book forever and call that growth.
If balances keep slipping, revenue pressure from last year's 4.1% decline may not be finished.
med
multiple already near the top of the recent range
The stock sits near a $60 high on a $40–$60 52-week range while institutions have been net sellers for three straight quarters. The market is not treating this like a hidden secret.
When a bank rallies before the revenue line fully recovers, you need the next few quarters to keep proving the case.
With 65% of revenue tied to net interest income, the risk picture is simple: WSFS needs margin resilience and a steadier loan book to keep the cheap multiple from staying cheap.
source: institutional data · regulatory filings · risk analysis
Pay attention to
metric
net interest margin
3.91% last quarter versus 3.78% a year earlier. If that keeps rising, the earnings setup improves. If it fades, the story gets ordinary again.
risk
loan balances
Gross loans and leases fell 1% sequentially. You want stabilization here, because margin alone cannot do all the work.
trend
fee income contribution
Wealth and trust grew at a double-digit pace, and capital markets plus Cash Connect were solid sequentially. More of that would make WSFS less rate-dependent.
calendar
institutional flow next quarter
Institutions were net sellers for 3 consecutive quarters. If that flips while fundamentals hold, sentiment may be bottoming rather than fading.
Analyst rankings
short-term outlook
average
Momentum score 3 means no strong edge either way. In human-speak, analysts see a normal setup, not a breakout.
risk profile
average
Stability score 3 puts WSFS in the middle of the pack. Safer than the weak links, less resilient than the best-capitalized banks.
chart momentum
average
Technical score 3 says the chart is fine, not special. The stock is near its range high, but the signal is still ordinary.
earnings predictability
55 / 100
This is a decent score, not a comfort blanket. Expect more variability than you would get from the cleanest large-bank stories.
source: institutional data
Institutional activity
institutions have been net selling for 3 consecutive quarters — 122 buyers vs. 136 sellers in 3q2025. total institutional holdings: 52.0M shares. net selling for 3 quarters.
source: institutional data
Price targets
3-5 year target range
$44
$88
$58
current price
$66
target midpoint · +14% from current · 3-5yr high: $80 (+40% · 10% ann'l return)
Want the deeper analysis?
The full deep dive: dcf model, scenario analysis, competitive moat breakdown, and quarterly tracking — everything on this page, taken further.
see plans from $5/moThe deep dive