WSFS Financial (NASDAQ:WSFS) Reaches New 52-Week High Following Better-Than-Expected Earnings

WSFS Financial Corporation (NASDAQ:WSFS)’s stock price hit a new 52-week high on Friday following a stronger than expected earnings report. The company traded as high as $82.30 and last traded at $80.9140, with a volume of 30812 shares traded. The stock had previously closed at $78.96.

The bank reported $1.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.50 by $0.16. The business had revenue of $284.70 million for the quarter, compared to analysts’ expectations of $278.41 million. WSFS Financial had a return on equity of 11.69% and a net margin of 23.34%.The company’s revenue for the quarter was up 5.6% compared to the same quarter last year. During the same period last year, the firm earned $1.27 earnings per share.

WSFS Financial Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, August 21st. Investors of record on Friday, August 7th will be issued a $0.20 dividend. This represents a $0.80 annualized dividend and a yield of 1.0%. The ex-dividend date of this dividend is Friday, August 7th. WSFS Financial’s dividend payout ratio is 13.38%.

Key WSFS Financial News

Here are the key news stories impacting WSFS Financial this week:

• Positive Sentiment: WSFS beat Wall Street expectations in Q2 2026, posting earnings of $1.66 per share versus the $1.50 consensus and revenue of $284.7 million versus $278.4 million expected, with revenue up 5.6% year over year. WSFS Reports 2Q 2026 EPS of $1.63 and ROA of 1.52%
• Positive Sentiment: The bank highlighted solid profitability metrics, including a 1.52% return on assets and 11.23% return on equity, which may reinforce confidence in earnings quality. WSFS Financial Reports Strong Second-Quarter 2026 Results
• Neutral Sentiment: WSFS announced a quarterly dividend of $0.20 per share, payable August 21 to shareholders of record on August 7, signaling continued capital returns but not a major surprise for investors.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Stephens reiterated an “overweight” rating and set a $81.00 price target (up from $79.00) on shares of WSFS Financial in a research note on Monday, April 27th. Weiss Ratings reissued a “buy (b)” rating on shares of WSFS Financial in a research report on Friday, June 12th. DA Davidson raised their price objective on shares of WSFS Financial from $70.00 to $76.00 and gave the stock a “neutral” rating in a research report on Monday, April 27th. Piper Sandler restated a “neutral” rating and issued a $80.00 price objective (up from $72.00) on shares of WSFS Financial in a research note on Wednesday, May 6th. Finally, UBS Group set a $76.00 target price on shares of WSFS Financial in a report on Monday, April 27th. Four investment analysts have rated the stock with a Buy rating and four have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $77.07.

Insider Activity

In other news, CEO Rodger Levenson sold 65,446 shares of the company’s stock in a transaction that occurred on Wednesday, June 10th. The stock was sold at an average price of $74.11, for a total transaction of $4,850,203.06. Following the completion of the sale, the chief executive officer owned 186,088 shares in the company, valued at $13,790,981.68. This represents a 26.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders own 1.10% of the company’s stock.

Hedge Funds Weigh In On WSFS Financial

Institutional investors have recently bought and sold shares of the company. Franklin Resources Inc. lifted its stake in shares of WSFS Financial by 1.3% in the 4th quarter. Franklin Resources Inc. now owns 2,465,792 shares of the bank’s stock worth $136,210,000 after acquiring an additional 32,423 shares during the period. Invesco Ltd. increased its stake in shares of WSFS Financial by 6.1% during the fourth quarter. Invesco Ltd. now owns 1,066,591 shares of the bank’s stock worth $58,918,000 after acquiring an additional 60,931 shares during the period. Cooke & Bieler LP raised its holdings in WSFS Financial by 2.3% during the fourth quarter. Cooke & Bieler LP now owns 1,055,902 shares of the bank’s stock worth $58,328,000 after purchasing an additional 23,946 shares in the last quarter. Bank of America Corp DE lifted its position in WSFS Financial by 11.4% in the first quarter. Bank of America Corp DE now owns 737,587 shares of the bank’s stock valued at $48,282,000 after purchasing an additional 75,283 shares during the period. Finally, Norges Bank acquired a new stake in WSFS Financial in the fourth quarter valued at about $39,193,000. 88.49% of the stock is owned by institutional investors and hedge funds.

WSFS Financial Price Performance

The stock has a fifty day simple moving average of $75.07 and a two-hundred day simple moving average of $68.76. The company has a market cap of $4.15 billion, a PE ratio of 13.35 and a beta of 0.76. The company has a current ratio of 0.85, a quick ratio of 0.85 and a debt-to-equity ratio of 0.11.

About WSFS Financial

WSFS Financial Corporation is the bank holding company for WSFS Bank, a regional financial institution headquartered in Wilmington, Delaware. The company traces its roots to the Safe Deposit & Trust Company, founded in 1832, and formally organized as WSFS Financial in the mid-1980s. Over its long history, WSFS has grown through a combination of organic expansion and selective acquisitions to serve a broad base of individual, commercial and institutional clients.

WSFS Bank offers a full suite of banking and financial services, including retail and commercial deposit accounts, commercial and industrial lending, real estate financing, and treasury management solutions.