WSFS Financial Corp Reports Strong Q3 2025 Results

By Greg Peters • Friday, October 24 06:14 • Permanent Link

WSFS Financial Corporation has reported its financial results for the third quarter of 2025, showcasing significant improvements across various financial metrics. Here's a breakdown of the key changes compared to the previous period:

Net Interest Income:
3Q 2025: $184.0 million
2Q 2025: $179.5 million
3Q 2024: $177.5 million
Fee Revenue:
3Q 2025: $86.5 million
2Q 2025: $88.0 million
3Q 2024: $90.2 million
Total Net Revenue:
3Q 2025: $270.5 million
2Q 2025: $267.5 million
3Q 2024: $267.7 million
Provision for Credit Losses:
3Q 2025: $6.6 million
2Q 2025: $12.6 million
3Q 2024: $18.4 million
Net Income Attributable to WSFS:
3Q 2025: $76.4 million
2Q 2025: $72.3 million
3Q 2024: $64.4 million
Earnings Per Share (EPS) (Diluted):
3Q 2025: $1.37
2Q 2025: $1.27
3Q 2024: $1.08
Return on Average Assets (ROA):
3Q 2025: 1.44%
2Q 2025: 1.39%
3Q 2024: 1.22%
Return on Average Equity (ROE):
3Q 2025: 11.3%
2Q 2025: 10.9%
3Q 2024: 10.0%
Efficiency Ratio:
3Q 2025: 60.2%
2Q 2025: 59.5%
3Q 2024: 61.1%
Core EPS:
- 3Q 2025: $1.40
- 2Q 2025: $1.27
Core ROA:
- 3Q 2025: 1.48%
- 2Q 2025: 1.38%
Tangible Book Value Per Share:
- 3Q 2025: $32.11
Client Deposits Growth:
- 2% (annualized) compared to 2Q 2025
WSFS-Originated Consumer Loans Growth:
- 13% (annualized) over the prior quarter
Total Year-to-Date Share Repurchases:
- 3.4 million shares, approximately 6% of shares outstanding as of December 31, 2024
Core PPNR:
- 3Q 2025: $109.8 million
- 2Q 2025: $107.8 million
Net Interest Margin:
- 3Q 2025: 3.91%
- 2Q 2025: 3.89%
Total Net Credit Costs:
- 3Q 2025: $8.4 million
- 2Q 2025: $14.3 million
Problem Assets:
- Decreased by $53.4 million compared to June 30, 2025
Nonperforming Assets:
- Decreased by $33.6 million compared to June 30, 2025

These figures reflect the company's strong performance, including growth in key financial indicators and improvements in asset quality metrics. As a result of these announcements, the company's shares have moved 0.17% on the market, and are now trading at a price of $52.74. For the full picture, make sure to review WSFS FINANCIAL CORP's 8-K report.

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