WSFS Financial (WSFS) to Release Quarterly Earnings on Thursday

WSFS Financial (NASDAQ:WSFS) is anticipated to announce its Q1 2025 earnings results after the market closes on Thursday, April 24th. Analysts expect WSFS Financial to post earnings of $1.04 per share and revenue of $235.44 million for the quarter.

WSFS Financial (NASDAQ:WSFS) last announced its quarterly earnings data on Monday, January 27th. The bank reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.13. WSFS Financial had a return on equity of 10.30% and a net margin of 18.77%. On average, analysts expect WSFS Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

WSFS Financial Stock Up 4.3 %

WSFS stock opened at $49.72 on Wednesday. The firm has a market cap of $2.88 billion, a price-to-earnings ratio of 11.25 and a beta of 0.90. WSFS Financial has a 1-year low of $42.21 and a 1-year high of $62.75. The firm has a fifty day moving average price of $51.21 and a two-hundred day moving average price of $53.55. The company has a debt-to-equity ratio of 0.15, a current ratio of 0.83 and a quick ratio of 0.86.

Insider Activity at WSFS Financial

In other WSFS Financial news, CEO Rodger Levenson sold 7,199 shares of the firm’s stock in a transaction that occurred on Friday, February 21st. The shares were sold at an average price of $55.20, for a total value of $397,384.80. Following the sale, the chief executive officer now owns 142,780 shares in the company, valued at approximately $7,881,456. This trade represents a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 1.29% of the stock is currently owned by insiders.

Analyst Ratings Changes

Several research firms recently weighed in on WSFS. Stephens reiterated an “overweight” rating and set a $68.00 price objective on shares of WSFS Financial in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods increased their price target on WSFS Financial from $64.00 to $68.00 and gave the stock a “market perform” rating in a research report on Monday, February 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company. According to data from MarketBeat.com, WSFS Financial presently has a consensus rating of “Hold” and an average target price of $64.75.

About WSFS Financial

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.