WSFS Financial Corporation Reports Impressive Q1 2023 Net Income of $62.7 Million
Revenue Reaches $226.4 Million in Q1 2023 for WSFS Financial Corporation
By USInMinutes
Published - Jul 25, 2023, 02:26 PM ET
Last Updated - Aug 20, 2024, 12:15 AM EDT
WSFS Financial Corporation,(WSFS) a leading financial services provi der, has released its unaudited consolidated financial statements for the first quarter ended March 31, 2023. The report showcases a robust financial performance, highlighting significant growth in both net income and revenue.
Net Income/ Loss
In the first quarter of 2023, WSFS Financial Corporation recorded an impressive net income of $62.7 million. This figure is significantly higher compared to the net income of $3.97 million reported in the same period of 2022, indicating a substantial growth in profitability for the company.
Revenue