secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2022-07-25T23:59:59+00:00
Accession:  0001628280-22-019367
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS reports 2Q22 EPS $0.94, ROA 1.17%; board boosts dividend 15%
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- Net income $60.7M; diluted EPS $0.94; PPNR $91.6M.
- Net interest income $153.6M, fee revenue $72.0M, total net revenue $225.6M.
- Provision for credit losses $8.3M, down from $19.0M in 1Q22.
- Board approved 15% dividend increase and new 10% share repurchase authority.
- Corporate development/restructuring expense $10.3M related to Bryn Mawr Trust combination.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000162828022019367/0001628280-22-019367-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000162828022019367/wsfs-20220725.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-019367

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