Brief: WSFS Financial Q2 EPS USD 1.27

WSFS Financial

24/07/2025 21:05

Overview

WSFS Q2 2025 revenue of $267.5 mln beats analyst expectations

Adjusted EPS for Q2 2025 was $1.27, showing improvement from prior qtr

Fee revenue grew 9% qtr/qtr, driven by Wealth and Trust business

WSFS returned $87.3 mln to shareholders through buybacks and dividends

Outlook

WSFS Financial expects continued growth in fee-based businesses

Company anticipates momentum in client deposits from Trust business

WSFS Financial updates FY 2025 outlook reflecting strong Q2 performance

Result Drivers

NET INTEREST MARGIN - Improved NIM of 3.89% contributed to revenue growth

FEE REVENUE GROWTH - 9% increase in fee revenue driven by Wealth and Trust segment

DEPOSIT GROWTH - 6% annualized increase in client deposits, primarily from Trust business

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
Beat
$267.50 mln
$177.50 mln (4 Analysts)
Q2 EPS
$1.27
Q2 Net Income
$72.30 mln
Q2 Net Interest Income
$179.50 mln
Q2 Fee Revenue
$88 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

The average consensus recommendation for the banks peer group is "buy"

Wall Street's median 12-month price target for WSFS Financial Corp is $64.50, about 9.8% above its July 23 closing price of $58.16

The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBw2q9KgBa

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)