WSFS 2Q 2024 EPS $1.16 vs $1.09 in 1Q; net revenue rises to $266.0 million
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.
Key points
- 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.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on July 25, 2024.
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.