AI Earnings Predictions for WSFS Financial Corporation (WSFS)

EX-99.1

2 exhibit991earningsrelease0.htm

EX-99.1

Document

WSFS Bank CenterWSFS Bank Place 1

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

EXHIBIT 99.1

FOR IMMEDIATE RELEASEInvestor Relations Contact: Andrew Basile

(302) 504-9857; abasile@wsfsbank.com

October 22, 2026Media Contact: Connor Peoples

(215) 864-5645; cpeoples@wsfsbank.com

WSFS REPORTS 3Q 2026 EPS OF $1.75, REFLECTING YOY GROWTH OF 28%,

ROA OF 1.58% AND NIM OF 3.88%;

WEALTH AND TRUST FEES UP 30% YOY

Wilmington, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the third quarter of 2026.

Selected financial results and metrics are as follows:

(Dollars in millions, except per share data)3Q 20262Q 20263Q 2025

Net interest income$196.6 $192.5 $184.0

Fee revenue91.0 90.0 86.5

Total net revenue287.6 282.5 270.5

Provision for credit losses8.4 5.0 6.6

Noninterest expense161.6 166.3 163.1

Net income attributable to WSFS 89.3 84.4 76.4

Pre-provision net revenue (PPNR)(1)

126.0 116.2 107.4

Earnings per share (EPS) (diluted)1.75 1.63 1.37

Return on average assets (ROA) (a)1.58 %1.52 %1.44 %

Return on average equity (ROE) (a)13.0 12.4 11.3

Fee revenue as % of total net revenue31.6 31.8 31.9

Efficiency ratio56.1 58.8 60.2 See “Notes”

GAAP results for the periods shown include items that are excluded from core results. Below is a summary of the financial effects of these items. For additional detail, refer to the Non-GAAP Reconciliation in the back of this press release.

3Q 20262Q 20263Q 2025

(Dollars in millions, except per share data)Total Per share Total Per shareTotalPer share

Fee revenue (pre-tax)$— $— $(2.2)$(0.04)$(1.5)$(0.02)

Noninterest expense (pre-tax)0.1 — 0.1 — 0.9 0.01

Income tax impacts(0.1)— (0.5)(0.01)(0.6)(0.01)

(1) As used in this press release, PPNR is a non-GAAP financial measure that adjusts net income determined in accordance with GAAP to exclude the impacts of (i) income tax provision and (ii) provision for credit losses. For a reconciliation of this and other non-GAAP financial measures to their most directly comparable GAAP measures, see "Non-GAAP Reconciliation" at the end of the press release.

WSFS Bank CenterWSFS Bank Place 2

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

CEO Commentary and Highlights

Rodger Levenson, Chairman, CEO and President, said, "WSFS continued to perform well in the third quarter with a 25% year-over-year increase in core EPS(2). Our results include an expanded net interest margin, solid loan growth, and continued strong momentum in our Wealth and Trust franchise, which generated year-over-year fee growth of 30%. Additionally, we continued to execute our capital return framework through dividends and share repurchases, repurchasing nearly six percent of outstanding shares(3) in the first three quarters of 2026. We look forward to finishing the year out strong in the fourth quarter, while providing momentum as we enter 2027."

Overall highlights include:

•Core EPS of $1.75, an increase of 5% compared to 2Q 2026 and 25% compared to 3Q 2025.

•Core ROA(2) of 1.58%, an increase of 3bps compared to 2Q 2026 and 10bps compared to 3Q 2025.

•Gross loans and leases grew 5% annualized quarter-over-quarter.

•Net interest margin (NIM) of 3.88%, an increase of 1bp compared to 2Q 2026.

•Wealth and Trust delivered 30% year-over-year fee growth, continuing to produce consistent double-digit growth.

◦WSFS Institutional Services® fees increased 45%, The Bryn Mawr Trust Company of Delaware (BMT of DE), our personal trust business, increased 22%, and Private Wealth Management increased 14%.

•Our core efficiency ratio(2) was 56.1%, an improvement of 223bps compared to 2Q 2026 and 345bps compared to 3Q 2025.

•Repurchased $59.6 million of common stock (1.5% of outstanding shares(4)) and paid quarterly dividends of $10.2 million for a total capital return of $69.8 million.

(2)As used in this press release, core EPS, core ROA, and core efficiency ratio are non-GAAP financial measures. These non-GAAP financial measures exclude certain pre-tax adjustments and the tax impact of such adjustments. For a reconciliation of non-GAAP financial measures to their most directly comparable GAAP measures, see "Non-GAAP Reconciliation" at the end of the press release.

(3) Year-to-date 2026 repurchases represent 5.6% of outstanding shares as of December 31, 2025.

(4) 3Q 2026 repurchases represent 1.5% of outstanding shares as of June 30, 2026.

WSFS Bank CenterWSFS Bank Place 3

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

Third Quarter 2026 Discussion of Financial Results

Balance Sheet

The following table summarizes loan and lease balances and composition at September 30, 2026 compared to June 30, 2026 and September 30, 2025:

Loans and Leases

(Dollars in millions)September 30, 2026June 30, 2026September 30, 2025

Commerci

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EX-99.1

2 exhibit991earningsrelease0.htm

EX-99.1

Document

WSFS Bank CenterWSFS Bank Place 1

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

EXHIBIT 99.1

FOR IMMEDIATE RELEASEInvestor Relations Contact: Andrew Basile

(302) 504-9857; abasile@wsfsbank.com

April 23, 2026Media Contact: Connor Peoples

(215) 864-5645; cpeoples@wsfsbank.com

WSFS REPORTS 1Q 2026 EPS OF $1.64 AND ROA OF 1.61%

STRONG YEAR OVER YEAR DEPOSIT AND FEE GROWTH

BOARD APPROVED 18% DIVIDEND INCREASE, NEW 15% BUYBACK AUTHORIZATION

Wilmington, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the first quarter of 2026.

Selected financial results and metrics are as follows:

(Dollars in millions, except per share data)1Q 20264Q 20251Q 2025

Net interest income$185.1 $187.4 $175.2

Fee revenue90.1 84.5 80.9

Total net revenue275.3 271.9 256.1

(Recovery of) provision for credit losses(2.0)12.7 17.4

Noninterest expense162.8 162.0 151.8

Net income attributable to WSFS 86.8 72.7 65.9

Pre-provision net revenue (PPNR)(1)

112.5 109.9 104.3

Earnings per share (EPS) (diluted)1.64 1.34 1.12

Return on average assets (ROA) (a)1.61 %1.33 %1.29 %

Return on average equity (ROE) (a)12.7 10.5 10.1

Fee revenue as % of total net revenue32.7 31.0 31.5

Efficiency ratio59.0 59.5 59.2 See “Notes”

GAAP results for the periods shown include items that are excluded from core results. Below is a summary of the financial effects of these items. In 1Q 2026, these items include restructuring expenses related to a loss on a property sale and a write-down of held-for-sale real estate. For additional detail, refer to the Non-GAAP Reconciliation in the back of this earnings release.

1Q 20264Q 20251Q 2025

(Dollars in millions, except per share data)Total (pre-tax)Per share (pre-tax)Total (pre-tax)Per share (pre-tax)Total (pre-tax)Per share (pre-tax)

Fee revenue$— $— $(5.6)$(0.10)$— $—

Noninterest expense2.9 0.05 1.1 0.02 0.3 0.01

Income tax impacts(0.6)(0.01)(1.6)(0.03)(0.1)—

(1) As used in this press release, PPNR is a non-GAAP financial measure that adjusts net income determined in accordance with GAAP to exclude the impacts of (i) income tax provision and (ii) (recovery of) provision for credit losses. For a reconciliation of this and other non-GAAP financial measures to their most directly comparable GAAP measures, see "Non-GAAP Reconciliation" at the end of the press release.

WSFS Bank CenterWSFS Bank Place 2

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

CEO Commentary and Highlights

Rodger Levenson, Chairman, CEO and President, said, "WSFS performed very well in the first quarter as reflected by a 49% year-over-year increase in core EPS(2). Our results included robust deposit growth, solid C&I loan fundings, and strong performance in our Wealth and Trust segment, which delivered double-digit year-over-year fee revenue growth. Additionally, we continued to execute our capital return framework through dividends and share repurchases. We look forward to building on this momentum as we optimize ongoing franchise investments and grow market share across our diversified businesses."

Overall highlights included:

•Core EPS of $1.68 increased 17% and core ROA(2) of 1.65% increased 23bps compared to 4Q 2025.

◦Excluding a previously disclosed $15.7 million loan recovery, core EPS(2) was $1.45 and core ROA(2) was 1.43%.

•Wealth and Trust continued to deliver double-digit fee growth, increasing 25% year-over-year.

◦WSFS Institutional Services® increased 46% and The Bryn Mawr Trust Company of Delaware (BMT of DE) increased 27%.

•Client deposits grew 5% quarter-over-quarter with strong noninterest demand growth of 14% primarily driven by Trust and Commercial.

•C&I loans grew 2% quarter-over-quarter driven by strong fundings.

•The Board approved an 18% increase in the quarterly cash dividend to $0.20 per share, along with an additional share repurchase authorization of 15% of our outstanding shares as of March 31, 2026.

•Repurchased $85.0 million of common stock (2.5% of outstanding shares(3)) and paid quarterly dividends of $9.0 million, for a total capital return of $94.0 million.

(2) As used in this press release, core EPS, core ROA, core EPS excluding loan recovery, and core ROA excluding loan recovery are non-GAAP financial measures. These non-GAAP financial measures exclude certain pre-tax adjustments and the tax impact of such adjustments. For a reconciliation of non-GAAP financial measures to their most directly comparable GAAP measures, see "Non-GAAP Reconciliation" at the end of the press release.

(3) 1Q 2026 repurchases represent 2.5% of outstanding shares as of December 31, 2025.

WSFS Bank CenterWSFS Bank Place 3

500 Delaware Avenue1818 Market Street

Wilmington, DE 19801Philadelphia, PA 19103

First Quarter 2026 Discussion of Financial Results

Balance Sheet

The following table summarizes lo