---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-25-034468"
form_type: "8-K"
ticker: "WSFS"
cik: "0000828944"
company_name: "WSFS FINANCIAL CORP"
filed_at: "2025-07-08T23:59:59+00:00"
generated_at: "2026-05-18T09:13:17.914039+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# WSFS sells $98M Upstart-sourced consumer loan portfolio; expects $4.3M charge-off, $4.8M provision release

## Summary
- Sold $98.1M book of unsecured consumer loans originated through Upstart partnership.
- Anticipates net charge-off of ~$4.3M against $9.1M reserves; provision release of ~$4.8M.
- Portfolio in runoff since early 2024; sale accelerates exit from non-core consumer lending.
- Ongoing impact from sale expected to be immaterial to financial results.
- Q2 2025 results not yet finalized; actual charge-offs and provision release may differ.

## SEC filing metadata
- accession: 0001628280-25-034468
- form_type: 8-K
- ticker: WSFS
- cik: 0000828944
- company_name: WSFS FINANCIAL CORP
- filed_at: 2025-07-08T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/828944/000162828025034468/0001628280-25-034468-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/828944/000162828025034468/wsfs-20250708.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-25-034468
- JSON: https://secwatch.observer/filing/0001628280-25-034468.json
- Plain text: https://secwatch.observer/filing/0001628280-25-034468.txt

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