secwatch.observer — SEC 8-K summary
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Issuer:     WSFS FINANCIAL CORP (WSFS)
CIK:        0000828944
Form:       8-K
Filed at:   2025-04-24T23:59:59+00:00
Accession:  0001628280-25-019667
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WSFS Q1 EPS $1.12, ROA 1.29%; Board raises dividend 13% and authorizes 10% share buyback
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- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/828944/000162828025019667/0001628280-25-019667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/828944/000162828025019667/wsfs-20250424.htm
  HTML page:      https://secwatch.observer/filing/0001628280-25-019667

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