WSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region. As of December 31, 2020, WSFS Financial Corporation had $14.3 billion in assets on its balance sheet and $24.2 billion in assets under management and administration. WSFS operates from 112 offices, 89 of which are banking offices, located in Pennsylvania (52), Delaware (42), New Jersey (16), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect®, Cypress Capital Management, LLC, Christiana Trust Company of Delaware®, NewLane Finance®, Powdermill® Financial Solutions, West Capital Management®, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.

Company profile
Ticker
WSFS
Exchange
Website
CEO
Rodger Levenson
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
SEC CIK
Corporate docs
Subsidiaries
WSFS Wealth Management, LLC • WSFS Capital Management, LLC • Cypress Capital Management, LLC • The Bryn Mawr Trust Company • WSFS SPE Services, LLC • 601 Perkasie, LLC • 1832 Holdings, Inc. • NewLane Finance Company • Data Security Solutions, LLC • Recovery One, LLC ...
IRS number
222866913
WSFS stock data
Analyst ratings and price targets
Latest filings (excl ownership)
8-K
Submission of Matters to a Vote of Security Holders
19 May 23
10-Q
2023 Q1
Quarterly report
5 May 23
8-K
Completion of Acquisition or Disposition of Assets
24 Apr 23
ARS
2022 FY
Annual report to shareholders
28 Mar 23
DEFA14A
Additional proxy soliciting materials
28 Mar 23
DEF 14A
Definitive proxy
28 Mar 23
8-K
Amendments to Articles of Incorporation or Bylaws
28 Feb 23
10-K
2022 FY
Annual report
28 Feb 23
8-K
Regulation FD Disclosure
10 Feb 23
8-K/A
Results of Operations and Financial Condition
27 Jan 23
Transcripts
WSFS
Earnings call transcript
2023 Q1
25 Apr 23
WSFS
Earnings call transcript
2022 Q4
27 Jan 23
WSFS
Earnings call transcript
2022 Q3
25 Oct 22
WSFS
Earnings call transcript
2022 Q2
26 Jul 22
WSFS
Earnings call transcript
2021 Q4
25 Jan 22
WSFS
Earnings call transcript
2021 Q3
22 Oct 21
WSFS
Earnings call transcript
2021 Q2
23 Jul 21
WSFS
Earnings call transcript
2021 Q1
23 Apr 21
WSFS
Earnings call transcript
2020 Q4
26 Jan 21
WSFS
Earnings call transcript
2020 Q3
23 Oct 20
Latest ownership filings
4
Christine Elizabeth Davis
1 May 23
4
Patrick Joseph Ward
18 Apr 23
4
RODGER LEVENSON
18 Apr 23
4
Shari Kruzinski
18 Apr 23
4
Christine Elizabeth Davis
18 Apr 23
4
Michael Conklin
18 Apr 23
4
Stephen P Clark
18 Apr 23
4
LISA M BRUBAKER
18 Apr 23
4
Dominic C Canuso
18 Apr 23
4
ARTHUR J BACCI
18 Apr 23
Financial summary
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Diluted EPS |
Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn | 1.10 bn |
Cash burn (monthly) | (no burn) | 98.39 mm | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | n/a | 223.83 mm | n/a | n/a | n/a | n/a |
Cash remaining | n/a | 879.21 mm | n/a | n/a | n/a | n/a |
Runway (months of cash) | n/a | 8.9 | n/a | n/a | n/a | n/a |
Institutional ownership, Q1 2023
86.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 222 |
Opened positions | 25 |
Closed positions | 33 |
Increased positions | 67 |
Reduced positions | 83 |
13F shares | Current |
---|---|
Total value | 1.99 tn |
Total shares | 52.93 mm |
Total puts | 8.50 k |
Total calls | 1.00 k |
Total put/call ratio | 8.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 9.06 mm | $340.67 bn |
Vanguard | 7.12 mm | $267.85 bn |
Dimensional Fund Advisors | 3.67 mm | $138.19 bn |
STT State Street | 2.93 mm | $110.21 bn |
T. Rowe Price Investment Management | 2.51 mm | $94.25 bn |
BEN Franklin Resources | 2.37 mm | $89.00 bn |
MCQEF Macquarie | 2.03 mm | $76.18 bn |
Champlain Investment Partners | 1.25 mm | $46.91 bn |
Geode Capital Management | 1.23 mm | $46.37 bn |
Pzena Investment Management | 1.05 mm | $39.54 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
27 Apr 23 | Christine Elizabeth Davis | Common Stock | Buy | Acquire P | Yes | No | 34.11 | 798 | 27.22 k | 1,753 |
15 Apr 23 | Michael Conklin | Common Stock | Payment of exercise | Dispose F | No | No | 36.69 | 499 | 18.31 k | 11,544 |
15 Apr 23 | Stephen P Clark | Common Stock | Payment of exercise | Dispose F | No | No | 36.69 | 2,615 | 95.94 k | 28,293 |
15 Apr 23 | Lisa M Brubaker | Common Stock | Payment of exercise | Dispose F | No | No | 36.69 | 1,258 | 46.16 k | 35,051 |
15 Apr 23 | Dominic C Canuso | Common Stock | Payment of exercise | Dispose F | No | No | 36.69 | 2,648 | 97.16 k | 21,382 |
News
Press releases
WSFS Bank and Philadelphia Union Launch Co-Branded Debit Card
17 May 23
WSFS Reports 1Q 2023 EPS of $1.01 and ROA of 1.27%;
Reflects the Strength and Resiliency of Our Diversified Businesses;
Liquidity and Capital Continue at Strong Levels
24 Apr 23
WSFS Financial Corporation Announces First Quarter Earnings Release Date and Conference Call
11 Apr 23
WSFS Bank Receives the Gallup Exceptional Workplace Award for Seventh Time
4 Apr 23
WSFS Bank Study Finds Americans Are Confident Managing Their Money, But Inflation, Rising Costs and Fears of an Economic Downturn Are Impacting Financial Security
30 Mar 23