WSFS Financial (NASDAQ:WSFS) Reaches New 52-Week High After Better-Than-Expected Earnings

WSFS Financial Corporation (NASDAQ:WSFS) hit a new 52-week high during mid-day trading on Friday following a stronger than expected earnings report. The company traded as high as $82.30 and last traded at $80.9140, with a volume of 30812 shares traded. The stock had previously closed at $78.96.

The bank reported $1.66 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.50 by $0.16. The firm had revenue of $284.70 million during the quarter, compared to analysts’ expectations of $278.41 million. WSFS Financial had a return on equity of 11.69% and a net margin of 23.34%.The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period in the prior year, the business earned $1.27 EPS.

WSFS Financial Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Shareholders of record on Friday, August 7th will be paid a $0.20 dividend. The ex-dividend date of this dividend is Friday, August 7th. This represents a $0.80 annualized dividend and a yield of 1.0%. WSFS Financial’s dividend payout ratio is currently 14.23%.

WSFS Financial News Roundup

Here are the key news stories impacting WSFS Financial this week:

• Positive Sentiment: WSFS beat Wall Street expectations in Q2 2026, posting earnings of $1.66 per share versus the $1.50 consensus and revenue of $284.7 million versus $278.4 million expected, with revenue up 5.6% year over year. WSFS Reports 2Q 2026 EPS of $1.63 and ROA of 1.52%
• Positive Sentiment: The bank highlighted solid profitability metrics, including a 1.52% return on assets and 11.23% return on equity, which may reinforce confidence in earnings quality. WSFS Financial Reports Strong Second-Quarter 2026 Results
• Neutral Sentiment: WSFS announced a quarterly dividend of $0.20 per share, payable August 21 to shareholders of record on August 7, signaling continued capital returns but not a major surprise for investors.

Analyst Ratings Changes

Several research firms have commented on WSFS. Stephens reissued an “overweight” rating and set a $81.00 price target (up from $79.00) on shares of WSFS Financial in a research note on Monday, April 27th. UBS Group set a $76.00 price objective on shares of WSFS Financial in a research note on Monday, April 27th. Zacks Research lowered shares of WSFS Financial from a “strong-buy” rating to a “hold” rating in a report on Monday, March 30th. DA Davidson lifted their target price on shares of WSFS Financial from $70.00 to $76.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Finally, Weiss Ratings reissued a “buy (b)” rating on shares of WSFS Financial in a research note on Friday, June 12th. Four equities research analysts have rated the stock with a Buy rating and four have issued a Hold rating to the stock. According to data from MarketBeat, WSFS Financial has an average rating of “Moderate Buy” and a consensus target price of $77.07.

Insiders Place Their Bets

In other news, CEO Rodger Levenson sold 65,446 shares of the stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $74.11, for a total transaction of $4,850,203.06. Following the completion of the sale, the chief executive officer owned 186,088 shares of the company’s stock, valued at approximately $13,790,981.68. This represents a 26.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 1.10% of the company’s stock.

Institutional Investors Weigh In On WSFS Financial

Several institutional investors have recently added to or reduced their stakes in WSFS. Root Financial Partners LLC increased its position in shares of WSFS Financial by 92.4% in the first quarter. Root Financial Partners LLC now owns 431 shares of the bank’s stock valued at $28,000 after acquiring an additional 207 shares during the period. NewEdge Advisors LLC purchased a new stake in shares of WSFS Financial during the fourth quarter worth about $33,000. Torren Management LLC purchased a new stake in shares of WSFS Financial during the fourth quarter worth about $35,000. Clearstead Advisors LLC grew its stake in shares of WSFS Financial by 167.5% in the fourth quarter. Clearstead Advisors LLC now owns 781 shares of the bank’s stock worth $43,000 after purchasing an additional 489 shares during the last quarter. Finally, Quarry LP grew its stake in shares of WSFS Financial by 159.7% in the third quarter. Quarry LP now owns 813 shares of the bank’s stock worth $44,000 after purchasing an additional 500 shares during the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.

WSFS Financial Stock Performance

The business has a fifty day moving average of $75.07 and a 200-day moving average of $68.76. The company has a market cap of $4.15 billion, a PE ratio of 13.35 and a beta of 0.76. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.11.

About WSFS Financial

WSFS Financial Corporation is the bank holding company for WSFS Bank, a regional financial institution headquartered in Wilmington, Delaware. The company traces its roots to the Safe Deposit & Trust Company, founded in 1832, and formally organized as WSFS Financial in the mid-1980s. Over its long history, WSFS has grown through a combination of organic expansion and selective acquisitions to serve a broad base of individual, commercial and institutional clients.

WSFS Bank offers a full suite of banking and financial services, including retail and commercial deposit accounts, commercial and industrial lending, real estate financing, and treasury management solutions.