AI brief of an SEC Form 8-K · WSFS Financial (WSFS)

WSFS posts 3Q 2024 EPS of $1.08, down from $1.16; revenue rises to $267.7 million

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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.

The filing

CompanyWSFS Financial (WSFS)
Form8-K, current report
Filed with the SECOct 24, 2024, 4:09 PM ET
Accession number0001628280-24-043621

Items reported: 2.02 Results of Operations7.01 Regulation FD Disclosure

Read the filing on SEC.gov ↗

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 October 24, 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.