Brief: WSFS Financial Reports Q2 Core Earnings Per Share Of $0.88

WSFS Financial

22/07/2019 22:25

July 22 (Reuters) - WSFS Financial Corp  WSFS.O :
    * WSFS REPORTS 2Q 2019 EPS OF $0.68, INCLUDES FULL QUARTER
OF
BENEFICIAL COMBINATION, ACQUISITION COSTS AND PREVIOUSLY
ANNOUNCED CREDIT EVENTS; STRONG OPERATING RESULTS DRIVEN BY
ACQUISITION AND ORGANIC GROWTH
    * Q2 CORE EARNINGS PER SHARE $0.88
    * Q2 EARNINGS PER SHARE ESTIMATE $0.74 -- REFINITIV IBES
DATA
    * Q2 EARNINGS PER SHARE $0.68 INCLUDING ITEMS
    * QTRLY CORE ROA WAS 1.57% COMPARED TO 1.67% FOR 2Q 2018
    * NET INTEREST INCOME IN 2Q 2019 WAS $123.2 MILLION, AN
INCREASE
OF $62.2 MILLION
    * WSFS FINANCIAL - POSITIVE RESULTS DURING H1 2019 "POSITION
US
WELL" TO DELIVER ON FY STRATEGIC GOALS, INCLUDING CORE ROA OF
OVER 1.50% FOR 2019

Source text for Eikon:  ID:nGNX7lQqB7 
Further company coverage:  WSFS.O 

 (Reuters.Briefs@thomsonreuters.com)