WSFS Financial (WSFS) Projected to Post Earnings on Thursday

WSFS Financial (NASDAQ:WSFS) is projected to post its Q2 2025 quarterly earnings results after the market closes on Thursday, July 24th. Analysts expect WSFS Financial to post earnings of $1.11 per share and revenue of $221.93 million for the quarter.

WSFS Financial (NASDAQ:WSFS) last issued its quarterly earnings results on Thursday, April 24th. The bank reported $1.13 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.09. The business had revenue of $256.11 million for the quarter, compared to analysts’ expectations of $235.44 million. WSFS Financial had a net margin of 18.86% and a return on equity of 10.06%. The business’s quarterly revenue was up 1.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 earnings per share. 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 Performance

Shares of WSFS opened at $57.59 on Thursday. The company has a current ratio of 0.83, a quick ratio of 0.83 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $3.27 billion, a P/E ratio of 12.94 and a beta of 0.87. The firm’s fifty day simple moving average is $54.57 and its two-hundred day simple moving average is $53.24. WSFS Financial has a 12 month low of $42.44 and a 12 month high of $62.75.

WSFS Financial Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, May 23rd. Shareholders of record on Friday, May 9th were given a dividend of $0.17 per share. The ex-dividend date of this dividend was Friday, May 9th. This represents a $0.68 dividend on an annualized basis and a yield of 1.18%. This is a boost from WSFS Financial’s previous quarterly dividend of $0.15. WSFS Financial’s dividend payout ratio is 15.28%.

Institutional Investors Weigh In On WSFS Financial

A number of institutional investors and hedge funds have recently made changes to their positions in WSFS. United Services Automobile Association acquired a new stake in shares of WSFS Financial in the 1st quarter worth about $204,000. AQR Capital Management LLC raised its holdings in shares of WSFS Financial by 102.6% in the 1st quarter. AQR Capital Management LLC now owns 10,347 shares of the bank’s stock worth $537,000 after acquiring an additional 5,240 shares during the last quarter. Intech Investment Management LLC raised its holdings in shares of WSFS Financial by 21.8% in the 1st quarter. Intech Investment Management LLC now owns 31,594 shares of the bank’s stock worth $1,639,000 after acquiring an additional 5,649 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of WSFS Financial by 3.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 34,835 shares of the bank’s stock worth $1,807,000 after acquiring an additional 1,176 shares during the last quarter. Finally, Millennium Management LLC raised its holdings in shares of WSFS Financial by 230.4% in the 1st quarter. Millennium Management LLC now owns 72,726 shares of the bank’s stock worth $3,772,000 after acquiring an additional 50,717 shares during the last quarter. Institutional investors and hedge funds own 88.49% of the company’s stock.

Analyst Ratings Changes

WSFS has been the topic of several research reports. Stephens reiterated an “overweight” rating and set a $64.00 price objective on shares of WSFS Financial in a report on Monday, April 28th. Wall Street Zen lowered shares of WSFS Financial from a “hold” rating to a “sell” rating in a report on Friday, May 30th. Finally, Keefe, Bruyette & Woods dropped their price objective on shares of WSFS Financial from $66.00 to $64.00 and set a “market perform” rating on the stock in a report on Monday, April 28th. One research analyst has rated the stock with a sell rating, three have given a hold rating and two have given a buy rating to the company. According to data from MarketBeat, WSFS Financial presently has a consensus rating of “Hold” and an average target price of $62.75.

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.