Every material Form 8-K WSFS Financial has filed with the SEC since April 25, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
WSFS Financial reported third-quarter 2026 diluted EPS of $1.75, up from $1.63 in the prior quarter and $1.37 a year earlier, on net income of $89.3 million. Total net revenue rose to $287.6 million, but problem assets increased $57.5 million from June 30, 2026, and total client deposits fell $619.5 million over the quarter.
Net income attributable to WSFS was $89.3 million, versus $84.4 million in 2Q 2026 and $76.4 million in 3Q 2025.
Total net revenue was $287.6 million, versus $282.5 million in 2Q 2026 and $270.5 million in 3Q 2025.
Problem assets rose to $530.4 million from $472.9 million on June 30, 2026; provision for credit losses was $8.4 million, versus $5.0 million in 2Q 2026.
The board approved a quarterly cash dividend of $0.20 per share, payable November 20, 2026, and the company repurchased $59.6 million of common stock in the quarter.
WSFS Financial Corporation named Michael Thompson as Senior Vice President and Interim Chief Accounting Officer effective October 6, 2026. The same day, Charles Mosher was named Executive Vice President and Chief Audit Executive, and Lisa Washington was promoted to Executive Vice President, Chief Legal Officer and Corporate Secretary, changes that alter the company's senior accounting, audit and legal leadership.
Michael Thompson, age 55, becomes Interim Chief Accounting Officer effective October 6, 2026, reporting to CFO David Burg
Thompson has nearly 30 years of banking experience and previously served as CFO and COO of Bryn Mawr Trust's banking division
Charles Mosher, a CPA who joined WSFS over 25 years ago, is named Executive Vice President, Chief Audit Executive, succeeding Thompson as chief accounting officer
Lisa Washington is promoted to Executive Vice President, Chief Legal Officer and Corporate Secretary, effective October 6, 2026
WSFS Financial reported second-quarter 2026 diluted EPS of $1.63 and net income of $84.4 million, compared with $1.64 and $86.8 million in the first quarter and $1.27 and $72.3 million a year earlier. Total net revenue rose to $282.5 million from $267.5 million a year ago, and the company returned $76.6 million to shareholders through buybacks and dividends.
Diluted EPS $1.63 in 2Q 2026 vs. $1.64 in 1Q 2026 and $1.27 in 2Q 2025
Total net revenue $282.5 million, up from $275.3 million in 1Q 2026 and $267.5 million in 2Q 2025
Repurchased $66.2 million of common stock and paid $10.4 million in dividends in 2Q 2026
Management will hold a conference call on Friday, July 24, 2026 at 1:00 p.m. ET; the CEO referenced an updated full-year outlook, but the filing excerpt does not state its figures
WSFS Financial reported first-quarter 2026 net income of $86.8 million, or $1.64 per diluted share, up from $65.9 million and $1.12 a year earlier. The board raised the quarterly dividend 18% to $0.20 per share and approved a new share repurchase authorization equal to 15% of shares outstanding on March 31, 2026. Core EPS was $1.68, though it was $1.45 excluding a $15.7 million loan recovery.
Net income of $86.8 million and diluted EPS of $1.64, compared with $72.7 million and $1.34 in 4Q 2025 and $65.9 million and $1.12 in 1Q 2025
Core EPS of $1.68, up 17% from 4Q 2025; core EPS was $1.45 excluding a previously disclosed $15.7 million loan recovery
Quarterly cash dividend raised 18% to $0.20 per share, payable May 22, 2026 to holders of record as of May 8, 2026
Repurchased $85.0 million of common stock in the quarter; the new authorization equals 15% of shares outstanding as of March 31, 2026
WSFS Financial reported fourth-quarter 2025 diluted EPS of $1.34 and net income of $72.7 million, up from $1.09 and $64.2 million a year earlier, with total net revenue of $271.9 million versus $261.5 million. Compared with the prior quarter, EPS and net income were lower than the $1.37 and $76.4 million reported for 3Q 2025, while revenue rose from $270.5 million. The company returned $118.5 million to shareholders in the quarter through buybacks and dividends.
Diluted EPS of $1.34 compared with $1.37 in 3Q 2025 and $1.09 in 4Q 2024; core EPS was $1.43, up 29% year over year.
Total net revenue of $271.9 million, compared with $270.5 million in 3Q 2025 and $261.5 million in 4Q 2024.
Capital return of $118.5 million: $109.3 million in share repurchases and $9.2 million in dividends; board approved a $0.17 quarterly dividend payable February 27, 2026.
Issued $200 million of Fixed-to-Floating Senior Notes due 2035 and used proceeds to redeem $150 million of notes due 2030.
WSFS Financial Corporation said Michelle Hong was appointed to its Board of Directors, effective December 1, 2025, bringing the Board to 12 members, 11 of them independent. Ms. Hong will stand for reelection at the 2026 Annual Meeting and her committee assignments will be set later.
Michelle Hong appointed to the Board on October 23, 2025, effective December 1, 2025
Board will have 12 members, 11 of whom are independent
Hong's compensation as a non-employee director is prorated from her appointment date
Committee assignments to be determined at a later date
WSFS Financial reported third-quarter 2025 results in a press release furnished under Item 2.02, with diluted EPS of $1.37, up from $1.08 a year earlier, and net income attributable to WSFS of $76.4 million. Total net revenue rose to $270.5 million from $267.7 million a year earlier, while provision for credit losses fell to $6.6 million from $18.4 million, supporting higher profit for shareholders.
Diluted EPS of $1.37 in 3Q 2025, compared with $1.27 in 2Q 2025 and $1.08 in 3Q 2024
Net income attributable to WSFS of $76.4 million, compared with $72.3 million in 2Q 2025 and $64.4 million in 3Q 2024
Total net revenue of $270.5 million, while fee revenue fell to $86.5 million from $90.2 million in 3Q 2024
Board approved a quarterly cash dividend of $0.17 per share, payable November 21, 2025 to holders of record as of November 7, 2025
WSFS Financial reported second-quarter 2025 results with diluted EPS of $1.27, up from $1.12 in the first quarter and $1.16 a year earlier. Net income attributable to WSFS was $72.3 million and total net revenue was $267.5 million, both higher than the prior quarter. Management said the results reflect its updated FY 2025 outlook, but the filing does not give the outlook figures.
Diluted EPS of $1.27 for 2Q 2025, versus $1.12 for 1Q 2025 and $1.16 for 2Q 2024
Net income attributable to WSFS of $72.3 million, versus $65.9 million in 1Q 2025
Total net revenue of $267.5 million, versus $256.1 million in 1Q 2025
The company repurchased shares for $77.7 million and paid $9.6 million in dividends, a total of $87.3 million returned to shareholders; the board approved a $0.17 quarterly dividend payable August 22, 2025
WSFS Financial said it completed the sale of most of its remaining unsecured consumer loans from its Upstart Holdings partnership, which had a $98.1 million book balance as of May 31, 2025. The company expects a net charge-off of about $4.3 million against $9.1 million of prior reserves, producing a provision release of about $4.8 million in the second quarter of 2025, and says ongoing effects will be immaterial.
Loans sold had an outstanding book balance of $98.1 million as of May 31, 2025
Expected second quarter 2025 net charge-off of about $4.3 million against previous reserves of $9.1 million
Expected resulting provision release of about $4.8 million, specific to these transactions
Company says ongoing impacts will be immaterial; actual amounts could differ until second quarter results are finalized
WSFS Financial reported first-quarter 2025 diluted EPS of $1.12, up from $1.09 a year earlier, with net income of $65.9 million and total net revenue of $256.1 million. Credit costs rose, including a $15.9 million charge-off of a nonperforming commercial loan, and the board raised the quarterly dividend 13% to $0.17 per share and added a repurchase authorization covering 10% of outstanding shares.
Diluted EPS was $1.12 for 1Q 2025, compared with $1.09 in 1Q 2024 and 4Q 2024; core EPS was $1.13 versus $1.11 in 4Q 2024.
Net income attributable to WSFS was $65.9 million, versus $65.8 million in 1Q 2024; total net revenue was $256.1 million, versus $251.1 million.
Provision for credit losses was $17.4 million, up from $15.1 million in 1Q 2024, driven in part by a $15.9 million charge-off of a nonperforming C&I loan.
The board approved a 13% dividend increase to $0.17 per share, payable May 23, 2025, and an additional repurchase authorization of 10% of shares outstanding at March 31, 2025.
WSFS Financial reported fourth-quarter 2024 diluted EPS of $1.09, up from $1.05 a year earlier and $1.08 in the third quarter, with net income of $64.2 million. Total net revenue fell to $261.5 million from $267.7 million in the prior quarter and $265.3 million a year earlier, while noninterest expense rose to $169.1 million, partly due to a $4.7 million one-time charge tied to the termination of a Cash Connect client relationship.
4Q 2024 diluted EPS was $1.09, compared with $1.08 in 3Q 2024 and $1.05 in 4Q 2023; full-year 2024 EPS was $4.41 versus $4.40 in 2023.
Total net revenue was $261.5 million, down from $267.7 million in 3Q 2024 and $265.3 million in 4Q 2023.
Cash Connect posted a $3.4 million pre-tax loss in 4Q 2024 after one-time charges of $4.7 million tied to ending a long-standing client relationship; WSFS is pursuing recovery through insurance and other avenues.
Customer deposits rose 4% to $17.0 billion from 3Q 2024, and the company repurchased $20.9 million of common stock in the quarter.
WSFS Financial said James J. Wechsler, who has been with the company since 2010, will become Executive Vice President and Chief Commercial Banking Officer effective January 1, 2025. He succeeds Stephen P. Clark, who is stepping down from the role effective December 31, 2024 and will remain with the company as a Senior Advisor. The filing is an executive succession change with no financial results or guidance included.
James J. Wechsler appointed Executive Vice President, Chief Commercial Banking Officer, effective January 1, 2025
Stephen P. Clark notified the company on October 24, 2024 that he is stepping down, effective December 31, 2024
Clark will continue as a Senior Advisor focused on business development, relationship management and leadership support
Wechsler previously served as Chief Operating Officer, Commercial Banking, and will report to Art Bacci, Chief Operating Officer
WSFS Financial reported third-quarter 2024 diluted EPS of $1.08, down from $1.16 in the prior quarter and $1.22 a year earlier, while total net revenue rose to $267.7 million. Net income fell to $64.4 million as noninterest expense increased to $163.7 million, and nonperforming assets rose to $91.3 million. The company repurchased $13.8 million of its stock during the quarter and the board approved a $0.15 quarterly dividend.
Net income attributable to WSFS was $64.4 million, versus $69.3 million in 2Q 2024 and $74.2 million in 3Q 2023.
Total net revenue was $267.7 million, up from $266.0 million in 2Q 2024 and $255.3 million in 3Q 2023.
Noninterest expense rose to $163.7 million from $155.8 million in 2Q 2024.
Board approved a quarterly cash dividend of $0.15 per share, payable November 22, 2024 to holders of record as of November 8, 2024.
WSFS Financial reported second-quarter 2024 diluted EPS of $1.16 and net income of $69.3 million, up from $1.09 and $65.8 million in the first quarter, with total net revenue of $266.0 million. Core EPS was $1.08, down from $1.11 in the first quarter, and problem assets rose to $628.5 million, which shareholders may watch closely.
Diluted EPS was $1.16 for 2Q 2024, versus $1.09 for 1Q 2024 and $1.12 for 2Q 2023.
Total net revenue was $266.0 million, up from $251.1 million in 1Q 2024; fee revenue rose to $91.6 million from $75.9 million.
Core EPS was $1.08, compared with $1.11 in 1Q 2024; noninterest expense rose to $155.8 million from $149.1 million.
WSFS repurchased 897,461 shares for $39.7 million and declared a quarterly dividend of $0.15 per share, payable August 23, 2024.
WSFS Financial Corporation announced that David Burg, formerly Head of Strategy and Execution for Legacy Franchises at Citigroup, will join as Executive Vice President and Chief Financial Officer effective August 15, 2024. Arthur J. Bacci, currently Chief Wealth Officer and Interim CFO, will become Chief Operating Officer on the same date, and Jamie P. Hopkins will be elevated to Chief Wealth Officer. The filing describes these changes as part of succession planning, and the filing does not report financial results.
David Burg's annual base salary is $575,000, with a sign-on cash bonus of $575,000 and time-based RSUs valued at $600,000 and $800,000.
Arthur J. Bacci's base salary will increase to $597,000 in his new Chief Operating Officer role.
Burg's appointment is expected to take effect August 15, 2024.
Jamie P. Hopkins, who joined WSFS in October 2023, will become Executive Vice President, Chief Wealth Officer.
WSFS Financial reported first-quarter 2024 diluted EPS of $1.09 and net income of $65.8 million, both higher than a year earlier and the prior quarter. Total net revenue was $251.1 million, down from $265.3 million in the fourth quarter of 2023 but up from $245.7 million a year earlier, and core EPS was $1.11 versus $1.15 in the fourth quarter.
Net income attributable to WSFS was $65.8 million, versus $63.9 million in 4Q 2023 and $62.4 million in 1Q 2023.
Total net revenue was $251.1 million, versus $265.3 million in 4Q 2023 and $245.7 million in 1Q 2023.
Net interest margin was 3.84%, down from 3.99% in 4Q 2023; the company cited lagging deposit pricing after 2023 rate hikes.
WSFS repurchased shares for $21.0 million and approved a quarterly dividend of $0.15 per share, payable May 24, 2024.
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