FY2025 EPS Estimates for WSFS Financial Boosted by Analyst

WSFS Financial Co. (NASDAQ:WSFS) – Investment analysts at DA Davidson lifted their FY2025 earnings per share estimates for WSFS Financial in a research note issued to investors on Thursday, January 30th. DA Davidson analyst M. Navas now anticipates that the bank will earn $4.70 per share for the year, up from their previous forecast of $4.30. The consensus estimate for WSFS Financial’s current full-year earnings is $4.23 per share. DA Davidson also issued estimates for WSFS Financial’s FY2026 earnings at $5.00 EPS.

WSFS Financial (NASDAQ:WSFS) last issued its quarterly earnings results on Monday, January 27th. The bank reported $1.11 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.13. WSFS Financial had a return on equity of 10.30% and a net margin of 18.77%.

Several other analysts also recently issued reports on the company. Janney Montgomery Scott reissued a “neutral” rating on shares of WSFS Financial in a research note on Monday, October 28th. Stephens reaffirmed an “overweight” rating and issued a $68.00 price objective on shares of WSFS Financial in a research note on Tuesday, January 28th. Finally, Keefe, Bruyette & Woods reaffirmed a “market perform” rating and issued a $54.00 price objective (down previously from $58.00) on shares of WSFS Financial in a research note on Tuesday, October 29th. Three equities research analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $61.25.

WSFS Financial Stock Up 0.7 %

WSFS stock opened at $56.00 on Monday. WSFS Financial has a twelve month low of $40.19 and a twelve month high of $62.75. The company has a quick ratio of 0.86, a current ratio of 0.83 and a debt-to-equity ratio of 0.15. The stock has a market cap of $3.30 billion, a P/E ratio of 12.67 and a beta of 1.08. The business’s 50-day moving average price is $55.51 and its 200-day moving average price is $53.65.

Institutional Trading of WSFS Financial

A number of hedge funds have recently modified their holdings of WSFS. Squarepoint Ops LLC boosted its stake in shares of WSFS Financial by 265.1% in the second quarter. Squarepoint Ops LLC now owns 23,763 shares of the bank’s stock worth $1,117,000 after buying an additional 17,254 shares during the last quarter. Algert Global LLC purchased a new position in shares of WSFS Financial in the second quarter valued at approximately $285,000. Sanctuary Advisors LLC purchased a new position in shares of WSFS Financial in the second quarter valued at approximately $275,000. SG Americas Securities LLC purchased a new position in shares of WSFS Financial in the third quarter valued at approximately $127,000. Finally, Handelsbanken Fonder AB lifted its position in shares of WSFS Financial by 9.8% in the third quarter. Handelsbanken Fonder AB now owns 12,305 shares of the bank’s stock valued at $627,000 after acquiring an additional 1,100 shares in the last quarter. Hedge funds and other institutional investors own 88.49% of the company’s stock.

WSFS Financial Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 21st. Stockholders of record on Friday, February 7th will be issued a $0.15 dividend. This represents a $0.60 dividend on an annualized basis and a dividend yield of 1.07%. The ex-dividend date of this dividend is Friday, February 7th. WSFS Financial’s dividend payout ratio is presently 13.57%.

About WSFS Financial

WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. It operates through three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.