WSFS Financial
Market Cap
US$2.4b
Last Updated
2021/05/07 03:01 UTC
Data Sources
Company Financials +
Executive Summary
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. More Details
Rewards
Risk Analysis
Snowflake Analysis
Flawless balance sheet, good value and pays a dividend.
Similar Companies
Share Price & News
How has WSFS Financial's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: WSFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 7% a week.
Volatility Over Time: WSFS's weekly volatility (7%) has been stable over the past year.
Market Performance
7 Day Return
2.8%
WSFS
-8.3%
US Mortgage
-1.7%
US Market
1 Year Return
105.4%
WSFS
50.1%
US Mortgage
51.8%
US Market
Return vs Industry: WSFS exceeded the US Mortgage industry which returned 53% over the past year.
Return vs Market: WSFS exceeded the US Market which returned 52.8% over the past year.
Shareholder returns
| WSFS | Industry | Market | |
|---|---|---|---|
| 7 Day | 2.8% | -8.3% | -1.7% |
| 30 Day | 4.7% | -8.2% | 1.5% |
| 90 Day | 16.0% | -3.7% | 3.1% |
| 1 Year | 108.1%105.4% | 54.4%50.1% | 54.4%51.8% |
| 3 Year | 5.4%1.6% | 33.9%23.2% | 63.0%52.8% |
| 5 Year | 63.0%55.0% | 78.7%53.6% | 127.2%101.9% |
Long-Term Price Volatility Vs. Market
How volatile is WSFS Financial's share price compared to the market and industry in the last 5 years?
Simply Wall St News
6 days ago | Simply Wall St
Here's What We Like About WSFS Financial's (NASDAQ:WSFS) Upcoming Dividend4 weeks ago | Simply Wall St
Did WSFS Financial's (NASDAQ:WSFS) Share Price Deserve to Gain 94%?2 months ago | Simply Wall St
Read This Before Buying WSFS Financial Corporation (NASDAQ:WSFS) SharesValuation
Is WSFS Financial undervalued compared to its fair value and its price relative to the market?
20.2%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WSFS ($52.48) is trading below our estimate of fair value ($65.77)
Significantly Below Fair Value: WSFS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WSFS is poor value based on its PE Ratio (15.4x) compared to the US Mortgage industry average (13.2x).
PE vs Market: WSFS is good value based on its PE Ratio (15.4x) compared to the US market (20.4x).
Price to Earnings Growth Ratio
PEG Ratio: WSFS is good value based on its PEG Ratio (0.5x)
Price to Book Ratio
PB vs Industry: WSFS is overvalued based on its PB Ratio (1.4x) compared to the US Mortgage industry average (1.1x).
Future Growth
How is WSFS Financial forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?
28.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSFS's forecast earnings growth (28.8% per year) is above the savings rate (2%).
Earnings vs Market: WSFS's earnings (28.8% per year) are forecast to grow faster than the US market (15.7% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: WSFS's revenue (7% per year) is forecast to grow slower than the US market (9.2% per year).
High Growth Revenue: WSFS's revenue (7% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: WSFS's Return on Equity is forecast to be low in 3 years time (9.9%).
Past Performance
How has WSFS Financial performed over the past 5 years?
19.6%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSFS has high quality earnings.
Growing Profit Margin: WSFS's current net profit margins (28.4%) are higher than last year (24.8%).
Past Earnings Growth Analysis
Earnings Trend: WSFS's earnings have grown by 19.6% per year over the past 5 years.
Accelerating Growth: WSFS's earnings growth over the past year (15.1%) is below its 5-year average (19.6% per year).
Earnings vs Industry: WSFS earnings growth over the past year (15.1%) underperformed the Mortgage industry 22.9%.
Return on Equity
High ROE: WSFS's Return on Equity (9.5%) is considered low.
Financial Health
How is WSFS Financial's financial position? (This company is analysed differently as a bank or financial institution)
Financial Position Analysis
Debt to Equity History and Analysis
Balance Sheet
Financial Institutions Analysis
Asset Level: WSFS's Assets to Equity ratio (8.3x) is low.
Allowance for Bad Loans: WSFS has a sufficient allowance for bad loans (431%).
Low Risk Liabilities: 95% of WSFS's liabilities are made up of primarily low risk sources of funding.
Loan Level: WSFS has an appropriate level of Loans to Assets ratio (58%).
Low Risk Deposits: WSFS's Loans to Deposits ratio (69%) is appropriate.
Level of Bad Loans: WSFS has an appropriate level of bad loans (0.5%).
Dividend
What is WSFS Financial current dividend yield, its reliability and sustainability?
0.99%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: WSFS's dividend (0.99%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).
High Dividend: WSFS's dividend (0.99%) is low compared to the top 25% of dividend payers in the US market (3.42%).
Stability and Growth of Payments
Stable Dividend: WSFS's dividends per share have been stable in the past 10 years.
Growing Dividend: WSFS's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (14.4%), WSFS's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: WSFS's dividends in 3 years are forecast to be thoroughly covered by earnings (13.3% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.0yrs
Average management tenure
CEO
Rodger Levenson (59 yo)
2.33yrs
Tenure
US$2,563,402
Compensation
Mr. Rodger Levenson has been the Chief Executive Officer, President and Director of WSFS Financial Corp. since January 1, 2019 and Chairman of the Board since January 1, 2020. Mr. Levenson is Chief Executi...
CEO Compensation Analysis
Compensation vs Market: Rodger's total compensation ($USD2.56M) is below average for companies of similar size in the US market ($USD5.40M).
Compensation vs Earnings: Rodger's compensation has increased by more than 20% in the past year.
Leadership Team
Experienced Management: WSFS's management team is not considered experienced ( 2 years average tenure), which suggests a new team.
Board Members
Experienced Board: WSFS's board of directors are considered experienced (5.9 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: WSFS insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
WSFS Financial Corporation's company bio, employee growth, exchange listings and data sources
Key Information
- Name: WSFS Financial Corporation
- Ticker: WSFS
- Exchange: NasdaqGS
- Founded: 1832
- Industry: Thrifts and Mortgage Finance
- Sector: Banks
- Market Cap: US$2.447b
- Shares outstanding: 47.50m
- Website: https://www.wsfsbank.com
Number of Employees
Location
- WSFS Financial Corporation
- 500 Delaware Avenue
- Wilmington
- Delaware
- 19801
- United States
Listings
Biography
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 thr...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/05/07 03:01 |
| End of Day Share Price | 2021/05/06 00:00 |
| Earnings | 2021/03/31 |
| Annual Earnings | 2020/12/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.