---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-009923"
form_type: "8-K"
ticker: "WSFS"
cik: "0000828944"
company_name: "WSFS FINANCIAL CORP"
filed_at: "2022-04-21T23:59:59+00:00"
generated_at: "2026-06-26T05:57:47.084738+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# WSFS reports Q1 GAAP net income of $3.8M ($0.06 EPS); includes $51.6M merger costs from Bryn Mawr Trust close

## Summary
- Net interest income $138.6M, up 28% QoQ from $108.2M; total net revenue $199.1M.
- Provision for credit losses of $19.0M vs. recovery of $8.1M in Q4 2021.
- Noninterest expense $174.5M, including $51.6M corporate development & restructuring costs.
- Pre-provision net revenue (PPNR) of $24.7M; GAAP ROA 0.07% and ROE 0.6%.
- Successful close and integration of Bryn Mawr Trust on Jan 1, 2022; diversified deposit and loan mix.

## SEC filing metadata
- accession: 0001628280-22-009923
- form_type: 8-K
- ticker: WSFS
- cik: 0000828944
- company_name: WSFS FINANCIAL CORP
- filed_at: 2022-04-21T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/828944/000162828022009923/0001628280-22-009923-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/828944/000162828022009923/wsfs-20220421.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-009923
- JSON: https://secwatch.observer/filing/0001628280-22-009923.json
- Plain text: https://secwatch.observer/filing/0001628280-22-009923.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.