secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K/A
Filed at:   2022-10-25T23:59:59+00:00
Accession:  0001628280-22-026994
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS Q3 2022 EPS $1.16, net income $73.4M, NIM 3.99%, ROA 1.44%
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- Net income $73.4M, diluted EPS $1.16, ROA 1.44%, ROE 12.4% for Q3 2022.
- Net interest income $176.8M (+15% QoQ) with NIM expanded to 3.99%; total net revenue $239.5M.
- Fee revenue $62.7M (26.1% of total revenue), efficiency ratio improved to 55.4%.
- Credit provision $7.5M vs recovery of $21.3M in 3Q21; PPNR $106.6M.
- Includes $2.6M corporate development (Bryn Mawr Trust) and $2.3M Visa derivative adjustment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000162828022026994/0001628280-22-026994-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000162828022026994/wsfs-20221024.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-026994

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer