---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-24-018158"
form_type: "8-K"
ticker: "WSFS"
cik: "0000828944"
company_name: "WSFS FINANCIAL CORP"
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T08:53:50.494670+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# WSFS reports Q1 2024 EPS of $1.09, ROA 1.28%, annualized loan growth 7%

## Summary
- Net income attributable to WSFS of $65.8M vs. $62.4M in 1Q23; diluted EPS $1.09 vs. $1.01 YoY.
- Net interest income $175.3M down from $182.5M YoY; fee revenue $75.9M up from $63.1M YoY.
- Provision for credit losses $15.1M vs. $29.0M YoY; noninterest expense $149.1M vs. $133.0M YoY.
- Annualized loan growth of 7% for the quarter; pre-provision net revenue $102.1M vs. $112.6M YoY.
- Efficiency ratio 59.3% vs. 54.0% YoY; return on average equity 10.7% vs. 11.2% YoY.

## SEC filing metadata
- accession: 0001628280-24-018158
- form_type: 8-K
- ticker: WSFS
- cik: 0000828944
- company_name: WSFS FINANCIAL CORP
- filed_at: 2024-04-25T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/828944/000162828024018158/0001628280-24-018158-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/828944/000162828024018158/wsfs-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-24-018158
- JSON: https://secwatch.observer/filing/0001628280-24-018158.json
- Plain text: https://secwatch.observer/filing/0001628280-24-018158.txt

## Key facts
- Earnings Releases
  WSFS FINANCIAL CORP reported quarter ended March 31, 2024 results: revenue $251.1 million, net income $65.8 million, EPS $1.09 per diluted share.
  - Period: quarter ended March 31, 2024
  - Revenue: $251.1 million
  - Net income: $65.8 million
  - EPS: $1.09 per diluted share
  - Result: reported results
  source text: WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2024. Selected financial results and metrics are as follows: (Dollars in millions, except per share data) 1Q 2024 4Q 2023 1Q 2023 Net interest income $ 175.3 $ 178.1 $ 182.5 Fee revenue 75.9 87.2 63.1 Total net revenue 251.1 265.3 245.7 Provision for credit losses 15.1 24.8 29.0 Noninterest expense 149.1 147.6 133.0 Net income attributable to WSFS 65.8 63.9 62.4 Pre-provision net revenue (PPNR) (1) 102.1 117.7 112.6 Earnings per share (EPS) (diluted) 1.09 1.05 1.01
  evidence_url: https://www.sec.gov/Archives/edgar/data/828944/000162828024018158/0001628280-24-018158-index.htm

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