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Leadership Shuffle | Explore WSFS Financial's strategic executive appointments, including David Burg as CFO, poised to drive innovation and growth in a evolving financial landscape |
Earnings Beat | Delve into WSFS's Q2 2024 performance, surpassing expectations with $1.16 EPS and strong fee income growth, particularly in Cash Connect and wealth management |
Market Positioning | Learn how WSFS is enhancing shareholder value through aggressive share repurchases and capitalizing on opportunities in key business segments |
Future Outlook | Analyst targets range from $48 to $62, with WSFS forecasting a 1.25% ROA for 2024 amid challenges in net interest income and expense management |
Metrics to compare | WSFS | Sector Sector - Average of metrics from a broad group of related Financial sector companies | Relationship RelationshipWSFSPeersSector | |
|---|---|---|---|---|
P/E Ratio | 13.0x | 0.0x | 10.0x | |
PEG Ratio | 0.43 | 0.00 | 0.03 | |
Price/Book | 1.5x | 0.0x | 1.0x | |
Price / LTM Sales | 3.9x | 0.0x | 3.0x | |
Upside (Analyst Target) | 8.8% | 0.0% | 12.9% | |
Fair Value Upside | Unlock | 0.0% | 2.0% | Unlock |
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 WSFS Bank, Cash Connect, and Wealth and Trust segments. The company offers deposit products, including noninterest-bearing demand deposits, money market, and interest-bearing demand deposits, as well as certificates of deposit and jumbo certificates of deposit. It also provides loans, such as commercial and industrial loans, commercial mortgage loans, and construction and land development loans, as well as residential and consumer loans comprising residential mortgage, equity secured lines and loans, installment loans, unsecured lines of credit, originated education loans, and previously acquired education loans. In addition, the company offers ATM vault cash, smart safe and cash logistics services, planning and advisory services, investment management, and personal and institutional trust services. WSFS Financial Corporation was founded in 1832 and is headquartered in Wilmington, Delaware.