earnings
confidence high
sentiment positive
materiality 0.70
WSFS Q1 EPS $1.12, ROA 1.29%; Board raises dividend 13% and authorizes 10% share buyback
WSFS FINANCIAL CORP
2025-Q1 EPS reported
$1.12
- Net income $65.9M, diluted EPS $1.12 vs $1.09 a year ago; total net revenue $256.1M (+2% YoY).
- Net interest margin 3.88%; fee revenue 31.5% of total net revenue; PPNR $104.3M.
- Board approved 13% increase in quarterly dividend and authorization to repurchase up to 10% of outstanding shares.
- Provision for credit losses $17.4M, up from $8.0M in Q4 2024 and $15.1M in Q1 2024.
- Noninterest expense $151.8M; efficiency ratio 59.2% vs 59.3% a year ago.