WSFS Financial

Q2 FY2026 EarningsQ2 FY26 diluted EPS of $1.63 exceeded the $1.51 consensus by 7.95%, driven by a 1.46% revenue beat and favorable tax rates. Wealth and Trust noninterest income surged 17% YoY, with WSFS Institutional Services® growing 34%, pushing fiduciary assets past the $100B milestone. Despite a 4.10% miss on pre-tax income due to elevated incentive-based compensation, the bottom line was bolstered by the strategic sale of the credit card portfolio, which contributed a $1.7M gain and a $1.3M provision release.