earnings
confidence high
sentiment positive
materiality 0.75
WSFS Q1 2026 EPS $1.64, ROA 1.61%; Board hikes dividend 18%, authorizes 15% buyback
WSFS FINANCIAL CORP
2026-Q1 EPS reported
$1.64
- Net income $86.8M, EPS $1.64 vs $1.12 in 1Q2025 and $1.34 in 4Q2025; ROA 1.61% up from 1.29% year ago.
- Total net revenue $275.3M, up 7.5% YoY; fee revenue $90.1M (32.7% of total) grew 11.4% YoY.
- Recovery of credit losses $2.0M vs provision expense of $17.4M in 1Q2025; noninterest expense $162.8M.
- Board approved 18% dividend increase to $0.25/sh; new 15% share buyback authorization also announced.
- Pre-provision net revenue (non-GAAP) $112.5M vs $104.3M in 1Q2025; efficiency ratio improved to 59.0%.