WSFS: Fourth Quarter Financial Results Overview

WSFS Financial Corp. Announces Fourth-Quarter Earnings

WSFS Financial Corp., headquartered in Wilmington, Delaware, reported a net income of $72.7 million for the fourth quarter.

The company achieved earnings of $1.34 per share, with adjusted earnings—excluding one-time expenses—rising to $1.43 per share.

These results exceeded analysts’ expectations, as the consensus from three Zacks Investment Research analysts had projected earnings of $1.26 per share.

During the quarter, WSFS Financial Corp. generated $341.7 million in total revenue, with adjusted revenue amounting to $271.9 million.

For the full year, the company recorded a profit of $287.3 million, or $5.09 per share, on revenue totaling $1.07 billion.

Report compiled by Automated Insights using data from Zacks Investment Research.