WSFS Financial
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. The last earnings update was 10 days ago. More info.
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WSFS Share Price and Events
7 Day Returns
1 Year Returns
WSFS Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| WSFS Financial (WSFS) | 1% | 6.5% | 1.1% | -14.9% | 11.2% | 71.8% |
| US Mortgage | -0.3% | -2% | -0.7% | -0.7% | 24.5% | 41.1% |
| US Market | -1% | -3.3% | 0.4% | -0.4% | 30.4% | 37.1% |
1 Year Return vs Industry and Market
- WSFS underperformed the Mortgage industry which returned -0.7% over the past year.
- WSFS underperformed the Market in United States of America which returned -0.4% over the past year.
WSFS Value
Is WSFS Financial undervalued based on future cash flows and its price relative to the stock market?
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
WSFS Financial
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for WSFS Financial.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | Excess Returns Model | |
| Stable EPS |
Weighted future Return on Equity estimates from 5 analysts.
= Stable Book Value * Return on Equity = $38.16 * 10.3% |
$3.94 |
| Book Value of Equity per Share | Weighted future Book Value estimates from 6 analysts. | $38.16 |
| Discount Rate (Cost of Equity) | See below | 8.6% |
| Perpetual Growth Rate | 10-Year US Government Bond Rate | 2.7% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year US Govt Bond Rate | 2.7% |
| Equity Risk Premium | S&P Global | 6% |
| Mortgage Unlevered Beta | Simply Wall St/ S&P Global | 0.81 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.81 (1 + (1- 21%) (27.15%)) |
0.989 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
0.99 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.989 * 5.96%) |
8.62% |
Discounted Cash Flow Calculation for NasdaqGS:WSFS using Excess Returns Model Model
The calculations below outline how an intrinsic value for WSFS Financial is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.
In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.
The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.
Note the calculations below are per share.
See our documentation to learn about this calculation.
| Calculation | Result | |
|---|---|---|
| Excess Returns |
= (Stable Return on equity – Cost of equity) (Book Value of
Equity per share)
= (10.3% – 8.62%) * $38.16) |
$0.65 |
| Terminal Value of Excess Returns |
= Excess Returns / (Cost of Equity -
Expected Growth Rate)
= $0.65 / (8.62% - 2.73%) |
$10.98 |
| Value of Equity |
= Book Value per share + Terminal Value of
Excess Returns
= $38.16 + $10.98 |
$49.13 |
| Calculation | Result | |
|---|---|---|
| Value per share (USD) | From above. | $49.13 |
| Current discount | Discount to share price of
$42.12
= -1 x ($42.12 - $49.13) / $49.13 |
14.3% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- WSFS Financial's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- WSFS Financial's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for WSFS Financial's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
WSFS Financial's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2019-06-30) in USD | $3.03 |
| NasdaqGS:WSFS Share Price ** | NasdaqGS (2019-08-16) in USD | $42.12 |
| United States of America Mortgage Industry PE Ratio | Median Figure of 128 Publicly-Listed Mortgage Companies | 13.95x |
| United States of America Market PE Ratio | Median Figure of 3,095 Publicly-Listed Companies | 17.23x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of WSFS Financial.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = NasdaqGS:WSFS Share Price ÷ EPS (both in USD) = 42.12 ÷ 3.03 |
13.89x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WSFS Financial is good value based on earnings compared to the US Mortgage industry average.
- WSFS Financial is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does
WSFS Financial's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 13.89x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts |
25.3%per year |
| United States of America Mortgage Industry PEG Ratio | Median Figure of 48 Publicly-Listed Mortgage Companies | 1.35x |
| United States of America Market PEG Ratio | Median Figure of 2,124 Publicly-Listed Companies | 1.4x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 13.89x ÷ 25.3% |
0.55x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WSFS Financial is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
WSFS Financial's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2019-06-30) in USD | $34.50 |
| NasdaqGS:WSFS Share Price * | NasdaqGS (2019-08-16) in USD | $42.12 |
| United States of America Mortgage Industry PB Ratio | Median Figure of 144 Publicly-Listed Mortgage Companies | 1.1x |
| United States of America Market PB Ratio | Median Figure of 5,265 Publicly-Listed Companies | 1.7x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = NasdaqGS:WSFS Share Price ÷ Book Value per Share (both in USD) = 42.12 ÷ 34.50 |
1.22x |
* Primary Listing of WSFS Financial.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- WSFS Financial is overvalued based on assets compared to the US Mortgage industry average.
Value checks
We assess WSFS Financial's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Mortgage industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Mortgage industry average (and greater than 0)? (1 check) WSFS Financial has a total score of 3/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
WSFS Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- WSFS Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.
Growth vs Market Checks
- WSFS Financial's earnings growth is expected to exceed the United States of America market average.
- WSFS Financial's revenue growth is positive but not above the United States of America market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| NasdaqGS:WSFS Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 7 Analysts | 25.3% |
| NasdaqGS:WSFS Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 7 Analysts | 3.2% |
| United States of America Mortgage Industry Earnings Growth Rate | Market Cap Weighted Average | 9.3% |
| United States of America Mortgage Industry Revenue Growth Rate | Market Cap Weighted Average | 5.8% |
| United States of America Market Earnings Growth Rate | Market Cap Weighted Average | 14% |
| United States of America Market Revenue Growth Rate | Market Cap Weighted Average | 7.5% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 476 | 205 | 4 | |
| 2020-12-31 | 462 | 195 | 7 | |
| 2019-12-31 | 439 | 129 | 7 |
| Date (Data in USD Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2019-06-30 | 472 | 168 | 118 |
| 2019-03-31 | 411 | 96 | 110 |
| 2018-12-31 | 396 | 136 | 135 |
| 2018-09-30 | 382 | 130 | 95 |
| 2018-06-30 | 367 | 130 | 77 |
| 2018-03-31 | 357 | 144 | 69 |
| 2017-12-31 | 335 | 130 | 50 |
| 2017-09-30 | 325 | 133 | 78 |
| 2017-06-30 | 310 | 88 | 70 |
| 2017-03-31 | 297 | 110 | 67 |
| 2016-12-31 | 286 | 80 | 64 |
| 2016-09-30 | 279 | 71 | 60 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (1 month ago) | See Below |
| Future Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
All data from WSFS Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-12-31 | 4.05 | 4.20 | 3.73 | 4.00 |
| 2020-12-31 | 3.77 | 4.10 | 3.22 | 7.00 |
| 2019-12-31 | 2.55 | 2.86 | 2.00 | 7.00 |
| Date (Data in USD Millions) | EPS * |
|---|---|
| 2019-06-30 | 3.03 |
| 2019-03-31 | 3.30 |
| 2018-12-31 | 4.27 |
| 2018-09-30 | 3.02 |
| 2018-06-30 | 2.44 |
| 2018-03-31 | 2.18 |
| 2017-12-31 | 1.60 |
| 2017-09-30 | 2.49 |
| 2017-06-30 | 2.26 |
| 2017-03-31 | 2.19 |
| 2016-12-31 | 2.12 |
| 2016-09-30 | 2.01 |
*GAAP earnings excluding extraordinary items.
Future performance checks
We assess WSFS Financial's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
WSFS Financial has a total score of 3/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
WSFS Past Performance
How has WSFS Financial performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- WSFS Financial's year on year earnings growth rate has been positive over the past 5 years.
- WSFS Financial's 1-year earnings growth exceeds its 5-year average (53.4% vs 17.9%)
- WSFS Financial's earnings growth has exceeded the US Mortgage industry average in the past year (53.4% vs 31.9%).
Earnings and Revenue History
All data from WSFS Financial Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in USD Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2019-06-30 | 471.53 | 117.88 | 253.57 | |
| 2019-03-31 | 411.10 | 110.42 | 213.11 | |
| 2018-12-31 | 395.85 | 134.74 | 176.45 | |
| 2018-09-30 | 382.39 | 95.19 | 175.24 | |
| 2018-06-30 | 366.78 | 76.83 | 168.81 | |
| 2018-03-31 | 357.45 | 68.66 | 166.05 | |
| 2017-12-31 | 334.95 | 50.24 | 164.81 | |
| 2017-09-30 | 324.98 | 78.19 | 154.65 | |
| 2017-06-30 | 310.09 | 70.34 | 154.31 | |
| 2017-03-31 | 296.61 | 67.25 | 147.97 | |
| 2016-12-31 | 285.82 | 64.08 | 141.43 | |
| 2016-09-30 | 278.85 | 59.95 | 150.24 | |
| 2016-06-30 | 269.28 | 61.66 | 140.48 | |
| 2016-03-31 | 256.38 | 56.41 | 135.54 | |
| 2015-12-31 | 249.27 | 53.53 | 124.17 | |
| 2015-09-30 | 235.77 | 52.26 | 124.09 | |
| 2015-06-30 | 231.28 | 49.24 | 123.85 | |
| 2015-03-31 | 228.55 | 49.74 | 121.68 | |
| 2014-12-31 | 219.21 | 53.76 | 117.62 | |
| 2014-09-30 | 214.60 | 53.12 | 114.85 | |
| 2014-06-30 | 208.26 | 55.54 | 109.54 | |
| 2014-03-31 | 203.12 | 53.11 | 106.73 | |
| 2013-12-31 | 200.77 | 45.25 | 105.76 | |
| 2013-09-30 | 196.74 | 40.04 | 102.63 | |
| 2013-06-30 | 193.25 | 35.50 | 100.83 | |
| 2013-03-31 | 188.02 | 31.84 | 100.43 | |
| 2012-12-31 | 180.63 | 28.54 | 98.64 | |
| 2012-09-30 | 175.08 | 27.15 | 98.14 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- WSFS Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- WSFS Financial used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.
- Unable to establish if WSFS Financial improved its use of capital last year versus 3 years ago (Return on Capital Employed) due to insufficient past data.
Past performance checks
We assess WSFS Financial's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Mortgage industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
WSFS Financial has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
WSFS Health
This company is a bank or financial institution.Fundamentally a bank's business is based upon borrowing and lending money, for this reason they typically have high levels of debt and we analyse them differently.
Balance sheet
Assets
Liabilities and shares
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from WSFS Financial Company Filings, last reported 1 month ago.
| Date (Data in USD Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2019-06-30 | 1,836.39 | 419.69 | 526.82 |
| 2019-03-31 | 1,789.68 | 411.68 | 651.83 |
| 2018-12-31 | 820.92 | 703.28 | 620.59 |
| 2018-09-30 | 798.82 | 549.87 | 712.35 |
| 2018-06-30 | 768.98 | 901.02 | 704.53 |
| 2018-03-31 | 746.28 | 936.55 | 707.76 |
| 2017-12-31 | 724.35 | 937.81 | 720.49 |
| 2017-09-30 | 740.86 | 1,005.86 | 733.37 |
| 2017-06-30 | 722.62 | 1,165.37 | 745.31 |
| 2017-03-31 | 704.00 | 703.89 | 855.26 |
| 2016-12-31 | 687.34 | 1,267.45 | 821.92 |
| 2016-09-30 | 692.01 | 1,144.71 | 813.41 |
| 2016-06-30 | 617.20 | 1,168.80 | 703.89 |
| 2016-03-31 | 597.58 | 971.26 | 590.03 |
| 2015-12-31 | 580.47 | 932.97 | 561.18 |
| 2015-09-30 | 505.62 | 868.38 | 529.04 |
| 2015-06-30 | 500.38 | 1,000.90 | 533.69 |
| 2015-03-31 | 505.50 | 874.56 | 505.64 |
| 2014-12-31 | 489.05 | 667.78 | 508.04 |
| 2014-09-30 | 476.32 | 757.24 | 471.30 |
| 2014-06-30 | 431.96 | 984.87 | 475.19 |
| 2014-03-31 | 408.86 | 924.32 | 439.73 |
| 2013-12-31 | 383.05 | 903.83 | 484.43 |
| 2013-09-30 | 373.95 | 900.96 | 502.45 |
| 2013-06-30 | 394.94 | 920.83 | 550.11 |
| 2013-03-31 | 424.27 | 706.17 | 543.20 |
| 2012-12-31 | 421.05 | 637.27 | 500.89 |
| 2012-09-30 | 417.80 | 644.82 | 459.69 |
BANK ANALYSIS
This company is a bank or financial institution, which is analysed accordingly below.
- WSFS Financial has an acceptable proportion of non-loan assets held.
- WSFS Financial's liabilities are made up of primarily low risk sources of funding.
- Loans at WSFS Financial are broadly funded by customer deposits.
- WSFS Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).
- WSFS Financial has a low allowance for bad loans.
- WSFS Financial has an acceptable level of bad loans (less than 2%).
Financial health checks
We assess WSFS Financial's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) WSFS Financial has a total score of 5/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
WSFS Dividends
What is WSFS Financial's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
$2,000 of
WSFS Financial
shares you are expected to receive
$23
in your first year as a dividend.
Dividend Amount
- WSFS Financial's pays a lower dividend yield than the bottom 25% of dividend payers in United States of America (1.49%).
- WSFS Financial's dividend is below the markets top 25% of dividend payers in United States of America (3.84%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 7 Analyst Estimates (S&P Global) | See Below |
| United States of America Mortgage Industry Average Dividend Yield | Market Cap Weighted Average of 96 Stocks | 2.9% |
| United States of America Market Average Dividend Yield | Market Cap Weighted Average of 2009 Stocks | 2.5% |
| United States of America Minimum Threshold Dividend Yield | 10th Percentile | 0.8% |
| United States of America Bottom 25% Dividend Yield | 25th Percentile | 1.5% |
| United States of America Top 25% Dividend Yield | 75th Percentile | 3.8% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in $) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-12-31 | 0.53 | 4.00 |
| 2020-12-31 | 0.50 | 6.00 |
| 2019-12-31 | 0.47 | 6.00 |
| Date (Data in $) | Dividend per share (annual) | Avg. Yield (%) |
|---|---|---|
| 2019-08-07 | 0.480 | 1.163 |
| 2019-07-23 | 0.480 | 1.162 |
| 2019-05-10 | 0.480 | 1.175 |
| 2019-04-25 | 0.480 | 1.107 |
| 2019-02-28 | 0.440 | 1.069 |
| 2019-01-22 | 0.440 | 1.028 |
| 2018-11-08 | 0.440 | 1.099 |
| 2018-04-23 | 0.440 | 0.877 |
| 2018-01-22 | 0.360 | 0.730 |
| 2017-11-08 | 0.360 | 0.735 |
| 2017-10-23 | 0.360 | 0.726 |
| 2017-04-27 | 0.280 | 0.612 |
| 2017-03-01 | 0.280 | 0.610 |
| 2017-01-26 | 0.280 | 0.616 |
| 2016-11-09 | 0.280 | 0.634 |
| 2016-10-27 | 0.280 | 0.799 |
| 2016-07-28 | 0.240 | 0.656 |
| 2016-01-29 | 0.240 | 0.735 |
| 2016-01-28 | 0.240 | 0.832 |
| 2015-11-06 | 0.240 | 0.753 |
| 2015-10-29 | 0.240 | 0.735 |
| 2015-08-07 | 0.200 | 0.703 |
| 2015-07-23 | 0.200 | 0.706 |
| 2015-05-01 | 0.200 | 0.757 |
| 2014-09-18 | 0.200 | 0.795 |
| 2014-08-11 | 0.160 | 0.653 |
| 2014-07-24 | 0.160 | 0.671 |
| 2014-01-31 | 0.160 | 0.683 |
| 2014-01-30 | 0.160 | 0.676 |
| 2013-07-25 | 0.160 | 0.719 |
| 2013-04-30 | 0.160 | 0.910 |
| 2013-04-25 | 0.160 | 0.982 |
| 2013-03-18 | 0.160 | 0.998 |
| 2013-01-31 | 0.160 | 1.013 |
| 2012-07-26 | 0.160 | 1.135 |
| 2012-04-26 | 0.160 | 1.221 |
| 2012-01-26 | 0.160 | 1.221 |
| 2011-07-28 | 0.160 | 1.333 |
| 2011-04-28 | 0.160 | 1.183 |
| 2011-02-03 | 0.160 | 1.064 |
| 2010-10-28 | 0.160 | 1.067 |
| 2010-07-26 | 0.160 | 1.285 |
| 2010-04-29 | 0.160 | 1.238 |
| 2010-01-28 | 0.160 | 1.387 |
| 2009-10-22 | 0.160 | 1.798 |
| 2009-07-27 | 0.160 | 1.684 |
| 2009-04-23 | 0.160 | 1.745 |
| 2009-02-03 | 0.160 | 1.979 |
| 2008-10-23 | 0.160 | 1.169 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Dividends per share have been stable in the past 10 years.
- Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of
WSFS Financial's earnings are
paid
to the shareholders as a dividend.
- Dividends paid are thoroughly covered by earnings (6.7x coverage).
- Dividends after 3 years are expected to be thoroughly covered by earnings (7.8x coverage).
Income/ dividend checks
We assess WSFS Financial's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can WSFS Financial afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) WSFS Financial has a total score of 4/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
WSFS Management
CEO
| COMPENSATION | $1,131,187 |
| AGE | 58 |
| TENURE AS CEO | 0.6 years |
CEO Bio
Mr. Rodger Levenson has been the Chief Executive Officer, President and Director of WSFS Financial Corp. and Wilmington Savings Fund Society, FSB since January 1, 2019. Mr. Levenson was Chief Operating Officer & Executive Vice President of Wilmington Savings Fund Society, FSB since June 2016 until January 1, 2019. Mr. Levenson served as the Chief Operating Officer & Executive Vice President of WSFS Financial Corp. from July 31, 2017 to January 1, 2018. He served as Chief Corporate Development Officer of WSFS Financial Corp. since June 2016 to July 2017. Mr. Levenson served as the Chief Financial Officer and Executive Vice President of Wilmington Savings Fund Society, FSB. He served as Interim Chief Financial Officer of WSFS Financial Corporation since April 2015 until June 2016. He served as interim Chief Financial Officer at Wilmington Savings Fund Society, FSB since March 2015. He has been an Executive Vice President of WSFS Bank since 2006 and serves as Executive Vice President of WSFS Financial Corp. He has more than 32 years of local banking experience. He joined WSFS in 2006 and has served in various executive leadership roles. He served as an Executive Vice President and Head of the Commercial Banking Division of WSFS Financial Corp. from February 2006 to April 2015 and has served in various executive leadership roles, including Chief Commercial Banking Officer (2006-2015). He began his career in banking in 1986 at Wells Fargo (via predecessor organization CoreStates Financial) and remained there until 2003 with his last position being Senior Vice President and Managing Director of the Retail and Apparel Banking Group. He served as Senior Vice President and Manager of Citizens Bank in Philadelphia, PA, where he led teams in Business, Commercial and Specialized Banking units. From 2003 to 2006 Mr. Levenson was Senior Vice President and Manager at Citizens Bank and from 1986 to 2003 he held a number of positions at Wachovia Bank, including Senior Vice President and Managing Director. He has been a Director at United Way Of Delaware Inc. since June 25, 2009. He serves on the Board of Directors of JEVS Human Services and the Delaware Bankers Association. Mr. Levenson has also been a key member of WSFS’ investor relations team over the last decade. Mr. Levenson received his MBA degree in Finance from Drexel University and a BBA degree in Finance from Temple University. He has also participated in leadership development and management courses at the University of Pennsylvania Wharton School, Center for Creative Leadership and Harvard University School of Business.
CEO Compensation
- Rodger's compensation has been consistent with company performance over the past year, both up more than 20%.
- Rodger's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure
Average tenure and age of the WSFS Financial management team in years:
- The tenure for the WSFS Financial management team is about average.
Management Team
Mark Turner
Executive Chairman of the Board
$3M
56
Rodger Levenson
CEO, President & Director
$1M
58
0.6 yrs
Dominic Canuso
Executive VP & CFO
$887K
44
3.2 yrs
Peggy Eddens
Executive VP and Chief Associate & Customer Experience Officer
$887K
63
12 yrs
Steve Clark
Chief Commercial Banking Officer & Executive VP
$862K
61
4.4 yrs
Charles Mosher
Senior VP & Chief Accounting Officer
Lisa Brubaker
Executive VP & CTO
55
1.3 yrs
John Olsen
Senior VP & General Counsel
8 yrs
Justin Dunn
Senior VP & Chief Marketing Officer
Jim Wechsler
Senior Vice President of Corporate Development
0.4 yrs
Board of Directors Tenure
Average tenure and age of the WSFS Financial board of directors in years:
- The tenure for the WSFS Financial board of directors is about average.
Board of Directors
Mark Turner
Executive Chairman of the Board
$3M
56
2 yrs
Rodger Levenson
CEO, President & Director
$1M
58
0.6 yrs
Pat Ward
Executive VP
$1M
63
3 yrs
Thère du Pont
Lead Independent Director
$148K
52
3 yrs
David Turner
Director
$125K
54
6.5 yrs
Chris Gheysens
Director
47
2.2 yrs
Skip Schoenhals
Director
$108K
71
29.6 yrs
J.J Davis
Director
$102K
48
10.6 yrs
Anat Bird
Director
$111K
67
9.3 yrs
Cheryl Hughes
Senior VP & Director of Transaction Services
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price ($) | Value ($) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 01. May 19 | Sell | Gerard Cuddy | Individual | 29. Apr 19 | 29. Apr 19 | -53,537 | $42.71 | $-2,284,965 | ||
| 04. Sep 18 | Buy | Dominic Canuso | Individual | 30. Aug 18 | 30. Aug 18 | 4,245 | $48.95 | $207,793 | ||
| 23. Aug 18 | Sell | Richard Wright | Individual | 21. Aug 18 | 21. Aug 18 | -3,096 | $50.36 | $-155,928 | ||
Management checks
We assess WSFS Financial's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) WSFS Financial has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
WSFS News
Simply Wall St News
How Does Investing In WSFS Financial Corporation (NASDAQ:WSFS) Impact The Volatility Of Your Portfolio?
View our latest analysis for WSFS Financial What WSFS's beta value tells investors Given that it has a beta of 1.11, we can surmise that the WSFS Financial share price has been fairly sensitive to market volatility (over the last 5 years). … What this means for you: Since WSFS Financial has a reasonably high beta, it's worth considering why it is so heavily influenced by broader market sentiment. … This article aims to educate investors about beta values, but it's well worth looking at important company-specific fundamentals such as WSFS Financial’s financial health and performance track record.
Simply Wall St - – Full articleThere's A Lot To Like About WSFS Financial Corporation's (NASDAQ:WSFS) Upcoming 0.3% Dividend
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see WSFS Financial Corporation (NASDAQ:WSFS) is about to trade ex-dividend in the next 4 days. … View our latest analysis for WSFS Financial Dividends are usually paid out of company profits, so if a company pays out more than it earned then its dividend is usually at greater risk of being cut. … WSFS Financial has delivered an average of 12% per year annual increase in its dividend, based on the past 10 years of dividend payments.
Simply Wall St - – Full articleDid You Miss WSFS Financial's (NASDAQ:WSFS) 61% Share Price Gain?
For example, long term WSFS Financial Corporation (NASDAQ:WSFS) shareholders have enjoyed a 61% share price rise over the last half decade, well in excess of the market return of around 38% (not including dividends). … During five years of share price growth, WSFS Financial achieved compound earnings per share (EPS) growth of 11% per year. … As it happens, WSFS Financial's TSR for the last 5 years was 67%, which exceeds the share price return mentioned earlier.
Simply Wall St - – Full articleShould WSFS Financial (NASDAQ:WSFS) Be Disappointed With Their 61% Profit?
To wit, the WSFS Financial share price has climbed 61% in five years, easily topping the market return of 38% (ignoring dividends). … During five years of share price growth, WSFS Financial achieved compound earnings per share (EPS) growth of 11% per year. … As it happens, WSFS Financial's TSR for the last 5 years was 67%, which exceeds the share price return mentioned earlier.
Simply Wall St - – Full articleIs WSFS Financial Corporation's (NASDAQ:WSFS) Future Growth Already Accounted For In Today's Price?
WSFS Financial Corporation (NASDAQ:WSFS) is considered a high growth stock. … WSFS Financial is poised for significantly high earnings growth in the near future. … However, since WSFS Financial is a high-growth stock, we must also account for its earnings growth by using calculation called the PEG ratio.
Simply Wall St - – Full articleDid WSFS Financial Corporation (NASDAQ:WSFS) Insiders Sell Shares?
So shareholders might well want to know whether insiders have been buying or selling shares in WSFS Financial Corporation (NASDAQ:WSFS). … WSFS Financial Insiders Are Selling The Stock The last three months saw significant insider selling at WSFS Financial. … Usually, the higher the insider ownership, the more likely it is that insiders will be incentivised to build the company for the long term.
Simply Wall St - – Full articleDo You Know What WSFS Financial Corporation's (NASDAQ:WSFS) P/E Ratio Means?
We'll look at WSFS Financial Corporation's (NASDAQ:WSFS) P/E ratio and reflect on what it tells us about the company's share price. … See our latest analysis for WSFS Financial How Do I Calculate A Price To Earnings Ratio? … The formula for P/E is: Price to Earnings Ratio = Share Price ÷ Earnings per Share (EPS) Or for WSFS Financial: P/E of 12.67 = $41.85 ÷ $3.3 (Based on the trailing twelve months to March 2019.) Is A High Price-to-Earnings Ratio Good?
Simply Wall St - – Full articleIs WSFS Financial Corporation (NASDAQ:WSFS) A Volatile Stock?
Every stock in the market is exposed to this volatility, which is linked to the fact that stocks prices are correlated in an efficient market. … Some stocks mimic the volatility of the market quite closely, while others demonstrate muted, exagerrated or uncorrelated price movements. … Beta can be a useful tool to understand how much a stock is influenced by market risk (volatility).
Simply Wall St - – Full articleI Ran A Stock Scan For Earnings Growth And WSFS Financial (NASDAQ:WSFS) Passed With Ease
How Quickly Is WSFS Financial Increasing Earnings Per Share. … I note that WSFS Financial's revenue from operations was lower than its revenue in the last twelve months, so that could distort my analysis of its margins. … While we note WSFS Financial's EBIT margins were flat over the last year, revenue grew by a solid 18% to US$396m.
Simply Wall St - – Full articleWhat Kind Of Shareholder Owns Most WSFS Financial Corporation (NASDAQ:WSFS) Stock?
Every investor in WSFS Financial Corporation (NASDAQ:WSFS) should be aware of the most powerful shareholder groups. … Insiders often own a large chunk of younger, smaller, companies while huge companies tend to have institutions as shareholders. … WSFS Financial has a market capitalization of US$2.4b, so we would expect some institutional investors to have noticed the stock.
Simply Wall St - – Full articleWSFS Company Info
Description
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. The company offers various deposit products, including savings accounts, demand deposits, interest-bearing demand deposits, money market deposit accounts, and certificates of deposit, as well as jumbo certificates of deposit. It also provides a range of loans, which comprise residential real estate loans; commercial real estate mortgage loans; commercial construction loans to developers; commercial loans for working capital, financing equipment and real estate acquisitions, business expansion, and other business purposes; and consumer credit products, such as home improvement, automobile, and other secured and unsecured personal installment loans, as well as home equity lines and unsecured lines of credit. In addition, the company offers cash management, trust, and wealth management services. Further, it markets various third-party investment and insurance products, such as single-premium annuities, whole life policies, and securities; provides investment advisory services to high net worth individuals and institutions; and offers mortgage and title services. Additionally, the company provides ATM vault cash, smart safe, and other cash logistics services; and online reporting and ATM cash management, predictive cash ordering, armored carrier management, and ATM processing equipment sales, and deposit safe cash logistics services. As of March 1, 2019, it operated 76 offices, including 45 in Delaware, 29 in Pennsylvania, 1 in Virginia, and 1 in Nevada. WSFS Financial Corporation was founded in 1988 and is headquartered in Wilmington, Delaware.
Details
| Name: | WSFS Financial Corporation |
| WSFS | |
| Exchange: | NasdaqGS |
| Founded: | 1988 |
| $2,231,858,098 | |
| 52,988,084 | |
| Website: | http://www.wsfsbank.com |
| Address: |
WSFS Financial Corporation 500 Delaware Avenue, Wilmington, Delaware, 19801, United States |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| NasdaqGS | WSFS | Common Stock | Nasdaq Global Select | US | USD | 26. Nov 1986 |
Number of employees
Current staff
Industry
| Thrifts and Mortgage Finance | |
| Banks |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/08/17 23:51 |
| End of day share price update: | 2019/08/16 00:00 |
| Last estimates confirmation: | 2019/07/25 |
| Last earnings filing: | 2019/08/07 |
| Last earnings reported: | 2019/06/30 |
| Last annual earnings reported: | 2018/12/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
