earnings
confidence high
sentiment positive
materiality 0.75
WSFS reports Q4 2022 EPS $1.37; net revenue $258.8M; NIM 4.49%
WSFS FINANCIAL CORP
2022-FY EPS reported
$3.49
revenue$963,949,000
- Diluted EPS of $1.37, up 18% from $1.16 in Q3 2022 and 16% from $1.18 in Q4 2021.
- Net interest income $193.9M, NIM expanded to 4.49% from 4.02% in Q3 2022.
- Total net revenue $258.8M; fee revenue $64.9M (25% of total).
- ROA 1.69%, ROE 15.7%; efficiency ratio 51.2%.
- Provision for credit losses $13.4M vs $7.5M in Q3; net income $84.4M.