| Snowflake Score | |
|---|---|
| Valuation | 5/6 |
| Future Growth | 1/6 |
| Past Performance | 5/6 |
| Financial Health | 6/6 |
| Dividends | 4/6 |
WSFS Overview
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.
Rewards
Risk Analysis
No risks detected for WSFS from our risk checks.
WSFS Financial Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | US$52.95 |
| 52 Week High | US$29.44 |
| 52 Week Low | US$56.08 |
| Beta | 1.22 |
| 1 Month Change | 12.37% |
| 3 Month Change | 22.15% |
| 1 Year Change | 64.80% |
| 3 Year Change | 22.46% |
| 5 Year Change | 51.07% |
| Change since IPO | 2,018.00% |
Recent News & Updates
Shareholder Returns
| WSFS | US Mortgage | US Market | |
|---|---|---|---|
| 7D | -1.6% | 0.6% | 1.9% |
| 1Y | 64.8% | 21.4% | 33.4% |
Return vs Industry: WSFS exceeded the US Mortgage industry which returned 17.8% over the past year.
Return vs Market: WSFS exceeded the US Market which returned 30.3% over the past year.
Price Volatility
| WSFS volatility | |
|---|---|
| WSFS Beta | 1.22 |
| Industry Beta | 1.1 |
| Market Beta | 1 |
Stable Share Price: WSFS is not significantly more volatile than the rest of US stocks over the past 3 months, typically moving +/- 4% a week.
Volatility Over Time: WSFS's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1832 | 1,851 | Rodger Levenson | https://www.wsfsbank.com |
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 three segments: WSFS Bank, Cash Connect, and Wealth Management. It offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as accepts jumbo certificates of deposit from individuals, businesses, and municipalities.
WSFS Financial Fundamentals Summary
| WSFS fundamental statistics | |
|---|---|
| Market Cap | US$2.52b |
| Earnings (TTM) | US$274.97m |
| Revenue (TTM) | US$744.48m |
9.2x
P/E Ratio1.3x
P/B RatioIs WSFS overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| WSFS income statement (TTM) | |
|---|---|
| Revenue | US$744.48m |
| Cost of Revenue | US$0 |
| Gross Profit | US$744.48m |
| Expenses | US$469.51m |
| Earnings | US$274.97m |
Last Reported Earnings
Sep 30, 2021
Next Earnings Date
n/a
| Earnings per share (EPS) | 5.78 |
| Gross Margin | 100.00% |
| Net Profit Margin | 36.93% |
| Debt/Equity Ratio | 12.4% |
How did WSFS perform over the long term?
See historical performance and comparisonDividends
1.0%
Current Dividend Yield9%
Payout RatioDoes WSFS pay a reliable dividends?
See WSFS dividend history and benchmarks| WSFS Financial dividend dates | |
|---|---|
| Ex Dividend Date | Nov 03 2021 |
| Dividend Pay Date | Nov 18 2021 |
| Days until Ex dividend | 8 days |
| Days until Dividend pay date | 23 days |
Does WSFS pay a reliable dividends?
See WSFS dividend history and benchmarksValuation
Is WSFS Financial undervalued compared to its fair value and its price relative to the market?
37.5%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: WSFS ($52.95) is trading below our estimate of fair value ($84.73)
Significantly Below Fair Value: WSFS is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: WSFS is good value based on its PE Ratio (9.2x) compared to the US Mortgage industry average (12x).
PE vs Market: WSFS is good value based on its PE Ratio (9.2x) compared to the US market (18.2x).
Price to Earnings Growth Ratio
PEG Ratio: WSFS is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: WSFS is overvalued based on its PB Ratio (1.3x) 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?
10.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: WSFS's forecast earnings growth (10.9% per year) is above the savings rate (2%).
Earnings vs Market: WSFS's earnings (10.9% per year) are forecast to grow slower than the US market (14.7% per year).
High Growth Earnings: WSFS's earnings are forecast to grow, but not significantly.
Revenue vs Market: WSFS's revenue (3.4% per year) is forecast to grow slower than the US market (9.9% per year).
High Growth Revenue: WSFS's revenue (3.4% 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 (10.4%).
Past Performance
How has WSFS Financial performed over the past 5 years?
27.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: WSFS has high quality earnings.
Growing Profit Margin: WSFS's current net profit margins (36.9%) are higher than last year (20.1%).
Past Earnings Growth Analysis
Earnings Trend: WSFS's earnings have grown significantly by 27.2% per year over the past 5 years.
Accelerating Growth: WSFS's earnings growth over the past year (173.2%) exceeds its 5-year average (27.2% per year).
Earnings vs Industry: WSFS earnings growth over the past year (173.2%) exceeded the Mortgage industry 39.3%.
Return on Equity
High ROE: WSFS's Return on Equity (14.4%) 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 (8.1x) is low.
Allowance for Bad Loans: WSFS has a sufficient allowance for bad loans (339%).
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 (52%).
Low Risk Deposits: WSFS's Loans to Deposits ratio (63%) 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?
0.98%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: WSFS's dividend (0.98%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.28%).
High Dividend: WSFS's dividend (0.98%) is low compared to the top 25% of dividend payers in the US market (3.48%).
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 (8.8%), 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 (13.2% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Rodger Levenson (60 yo)
2.75yrs
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 ($USD5.18M).
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 considered experienced (2.4 years average tenure).
Board Members
Experienced Board: WSFS's board of directors are considered experienced (4.3 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold 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 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$2.518b
- Shares outstanding: 47.55m
- Website: https://www.wsfsbank.com
Number of Employees
Location
- WSFS Financial Corporation
- 500 Delaware Avenue
- Wilmington
- Delaware
- 19801
- United States
Listings
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/10/25 23:11 |
| End of Day Share Price | 2021/10/25 00:00 |
| Earnings | 2021/09/30 |
| 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.