WSFS Q1 EPS jumps 46% to $1.64 on loan recovery, wealth fees; capital return up 50%

Filed May 3, 2026 · Period ending March 31, 2026 · Compared to 10-Q May 6, 2025 · ~2 min read

Key Changes

• high

  Diluted EPS rose 46% year-over-year to $1.64 (vs. $1.12 in Q1 2025), driven by a $15.7M recovery of previously charged-off office-property loans, strong wealth fee growth, and higher net interest income.

  MD&A: Earnings verify on EDGAR →
• high

  Total capital returned to shareholders increased 50% to $94M in Q1 2026 (vs. $62.6M in Q1 2025), with the Board raising the quarterly dividend 18% to $0.20/share and authorizing repurchases of 15% of outstanding shares.

  MD&A: Capital Return verify on EDGAR →
• high

  Wealth and Trust fee income growth accelerated to 25% year-over-year (vs. 19% in Q1 2025), with Institutional Services up 46% and BMT-DE up 27%, reflecting market appreciation and net new business.

  MD&A: Wealth Fees verify on EDGAR →