Every material Form 8-K WSFS Financial filed with the SEC in 2025, 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 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.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every WSFS Financial filing is on SEC EDGAR ↗. 8-K briefs of other companies →