WSFS Q4 2024 EPS $1.09, ROA 1.21%; full-year EPS $4.41, record wealth revenue

WSFS FINANCIAL CORP

2024-FY EPS reported $4.41

Q4 2024 net income $64.2M, diluted EPS $1.09 (vs $1.05 YoY), ROA 1.21%.
Full-year 2024 net income $263.7M, EPS $4.41, ROA 1.27% (vs 1.33% in 2023).
Net interest income $178.2M (flat YoY); fee revenue $83.3M (down 4.5% YoY).
Provision for credit losses fell sharply to $8.0M from $24.8M YoY.
Noninterest expense rose to $169.1M (up 14.6% YoY); efficiency ratio worsened to 64.6%.

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