WSFS Financial (WSFS) Projected to Post Earnings on Thursday

WSFS Financial (NASDAQ:WSFS) is projected to announce its Q1 2025 earnings results after the market closes on Thursday, April 24th. Analysts expect WSFS Financial to post earnings of $1.04 per share and revenue of $235.44 million for the quarter.

WSFS Financial (NASDAQ:WSFS) last issued its earnings results on Monday, January 27th. The bank reported $1.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.13. WSFS Financial had a net margin of 18.77% and a return on equity of 10.30%. On average, analysts expect WSFS Financial to post $4 EPS for the current fiscal year and $5 EPS for the next fiscal year.

WSFS Financial Price Performance

Shares of NASDAQ:WSFS opened at $47.67 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.86 and a current ratio of 0.83. The company has a market capitalization of $2.76 billion, a PE ratio of 10.79 and a beta of 0.90. The stock has a fifty day moving average of $51.34 and a 200-day moving average of $53.57. WSFS Financial has a one year low of $42.21 and a one year high of $62.75.

Wall Street Analysts Forecast Growth

A number of research firms have commented on WSFS. Stephens reaffirmed an “overweight” rating and set a $68.00 price objective on shares of WSFS Financial in a research note on Tuesday, January 28th. Keefe, Bruyette & Woods lifted their price objective on shares of WSFS Financial from $64.00 to $68.00 and gave the stock a “market perform” rating in a research report on Monday, February 3rd. Three equities research analysts have rated the stock with a hold rating and two have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $64.75.

Insider Buying and Selling at WSFS Financial

In related news, CEO Rodger Levenson sold 7,199 shares of the stock in a transaction on Friday, February 21st. The stock was sold at an average price of $55.20, for a total transaction of $397,384.80. Following the completion of the sale, the chief executive officer now directly owns 142,780 shares in the company, valued at approximately $7,881,456. This trade represents a 4.80 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 1.29% of the company’s stock.

WSFS Financial Company Profile

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.