secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2023-07-24T23:59:59+00:00
Accession:  0001628280-23-025473
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 Q2 EPS of $1.12, net revenue $248.7M, NIM 4.11%, ROA 1.36%
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- Diluted EPS $1.12 vs $0.94 in 2Q22; net income $68.7M up 13% from $60.7M.
- Net interest income $181.8M, NIM 4.11%; fee revenue $66.9M up 6% from Q1 2023.
- Total net revenue $248.7M; provision for credit losses $15.8M vs $8.3M a year ago.
- ROA 1.36% (up from 1.17% YoY), ROE 11.8% (up from 10.1% YoY).
- Solid loan and deposit growth; efficiency ratio 56.7% (vs 59.3% in 2Q22).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000162828023025473/0001628280-23-025473-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000162828023025473/wsfs-20230724.htm
  HTML page:      https://secwatch.observer/filing/0001628280-23-025473

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