NasdaqGS:WSFSBanks
Evaluating WSFS Financial (WSFS) After Its $200 Million Capital-Structure Refinancing
WSFS Financial (WSFS) just wrapped up a $200 million fixed income deal that reshapes its balance sheet by retiring older 2030 notes and freeing up capital, a meaningful signal for both bondholders and equity investors.
See our latest analysis for WSFS Financial.
The bond refinancing fits into a steady grind higher, with an 11.03% year to date share price return and a 47.53% five year total shareholder return suggesting momentum is gradually building rather than fading.
If this kind of balance...