WSFS Financial Reports Strong Q1 Earnings with Increased Profitability and Capital Returns
WSFS Financial reported strong Q1 results with core EPS of $1.68 and a 49% year-over-year growth. The company also saw improvements in net interest margin and fee revenue, while returning $94M in capital. However, management warned of rising deposit competition.
Topics: Capital Returns Deposit Competition Dividend Earnings Financial Performance Profitability