WSFS FINANCIAL CORP

For the period ended Sep 30, 2025. Filed Nov 4, 2025.

About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Sep 30, 2025 · Filed Nov 4, 2025

WSFS$79.94+0.1%Stored close · as of Nov 10, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

See the whole filing, with its images and exhibits

Contents

Consolidated Statements of Income for the and

CONSOLIDATED STATEMENTS OF INCOME

	Three Months Ended September 30,		Nine Months Ended September 30,
(Dollars in thousands, except per share and share data)	2025	2024	2025	2024
Interest income:
Interest and fees on loans and leases	$218,250	$235,977	$651,007	$691,495
Interest on mortgage-backed securities	24,202	25,348	73,478	77,029
Interest and dividends on investment securities:
Taxable	699	699	2,098	2,098
Tax-exempt	1,481	1,485	4,454	4,453
Other interest income	13,789	9,875	31,452	25,168
	258,421	273,384	762,489	800,243
Interest expense:
Interest on deposits	71,185	80,647	212,413	230,135
Interest on Federal Home Loan Bank advances	586	1,472	2,473	2,139
Interest on senior and subordinated debt	1,089	2,446	4,252	7,336
Interest on federal funds purchased	2	31	2	72
Interest on trust preferred borrowings	1,524	1,749	4,565	5,255
Interest on other borrowings	12	9,535	50	28,075
	74,398	95,880	223,755	273,012
Net interest income	184,023	177,504	538,734	527,231
Provision for credit losses	6,566	18,422	36,537	53,374
Net interest income after provision for credit losses	177,457	159,082	502,197	473,857
Noninterest income:
Credit/debit card and ATM income	18,487	24,621	55,539	68,165
Investment management and fiduciary income	41,272	36,648	124,327	107,182
Deposit service charges	7,001	6,837	20,556	19,820
Mortgage banking activities, net	2,091	2,067	6,232	5,931
Loan and lease fee income	2,089	1,513	4,984	4,742
Realized gain on sale of equity investments, net	939	56	957	2,186
Other income	14,592	18,416	42,782	49,587
	86,471	90,158	255,377	257,613
Noninterest expense:
Salaries, benefits and other compensation	91,661	86,124	263,283	245,179
Occupancy expense	8,498	9,595	27,220	28,461
Equipment expense	12,933	12,076	39,439	34,822
Data processing and operations expenses	5,045	4,985	14,750	13,452
Professional fees	4,942	3,819	15,851	13,081
Marketing expense	2,178	2,053	5,798	5,855
Loss on debt extinguishment	352	—	352	—
FDIC expenses	2,739	2,882	7,750	9,254
Loan workout and other credit costs	1,802	1,684	3,671	1,477
Corporate development expense	171	46	(99)	412
Restructuring expense	398	—	658	—
Other operating expense	32,337	40,459	95,521	116,570
	163,056	163,723	474,194	468,563
Income before taxes	100,872	85,517	283,380	262,907
Income tax provision	24,405	21,108	68,825	63,567
Net income	$76,467	$64,409	$214,555	$199,340
Less: Net income (loss) attributable to noncontrolling interest	18	(26)	(116)	(129)
Net income attributable to WSFS	$76,449	$64,435	$214,671	$199,469
Earnings per share:
Basic	$1.37	$1.09	$3.77	$3.34
Diluted	$1.37	$1.08	$3.75	$3.33
Weighted average shares of common stock outstanding:
Basic	55,804,955	59,185,848	56,976,693	59,788,212
Diluted	55,960,833	59,393,651	57,171,976	59,956,324

ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.