WSFS net income rises 16.7% to $84.4M; EPS up 28.3% to $1.63

Filed August 5, 2026 · Period ending June 30, 2026 · Compared to 10-Q Jul 31, 2025 · ~1 min read

Key Changes

• high

  Net income increased 16.7% to $84.4 million, and diluted EPS rose 28.3% to $1.63, driven by higher net interest income and lower credit costs.

  MD&A verify on EDGAR →
• high

  WSFS sold its credit card portfolio, recognizing a $1.7 million gain and releasing $1.3 million of credit loss reserves; it now earns only a portion of interchange fees on WSFS-branded cards.

  MD&A / Notes view on EDGAR →
• high

  The Board approved a 15% share repurchase authorization (7.8 million shares) and an 18% dividend increase to $0.20 per share, signaling stronger capital return.

  MD&A / Notes view on EDGAR →