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WSFS: Q2 Earnings Snapshot

WSFS: Q2 Earnings Snapshot

By AP News
Published - Jul 24, 2023, 04:47 PM ET
Last Updated - Jul 24, 2023, 04:47 PM EDT

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — WSFS Financial Corp. (WSFS) on Monday reported second-quarter profit of $68.7 million.

The Wilmington, Delaware-based company said it had profit of $1.12 per share. Earnings, adjusted for non-recurring costs, were $1.16 per share.

The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.

The bank holding company posted revenue of $308.6 million in the period. Its adjusted revenue was $248.7 million.

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