NasdaqGS:WSFS

Stock Analysis Report

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.

Snowflake

Fundamentals

Excellent balance sheet with proven track record 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


Market Performance


7 Day Return

4.3%

NasdaqGS:WSFS

2.4%

US Mortgage

2.9%

US Market


1 Year Return

-15.7%

NasdaqGS:WSFS

-1.5%

US Mortgage

0.2%

US Market

WSFS underperformed the Mortgage industry which returned -2% over the past year.

WSFS underperformed the Market in United States of America which returned -0.7% over the past year.


Share holder returns

WSFSIndustryMarket
7 Day4.3%2.4%2.9%
30 Day8.1%-1.5%-2.3%
90 Day5.9%0.6%3.1%
1 Year-14.7%-15.7%0.6%-1.5%2.4%0.2%
3 Year14.7%11.9%32.6%23.8%41.7%32.4%
5 Year77.0%70.0%58.2%41.6%55.1%37.9%

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

Valuation

Is WSFS Financial undervalued based on future cash flows and its price relative to the stock market?

14%

Discount to future cash flow value


Intrinsic Value Based on Future Cash Flows

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 Based on Earnings

WSFS Financial is overvalued 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

WSFS Financial is good value based on expected growth next year.


Price Based on Value of Assets

WSFS Financial is overvalued based on assets compared to the US Mortgage industry average.


Next Steps

Future Growth

How is WSFS Financial expected to perform in the next 1 to 3 years based on estimates from 7 analysts?

25.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Estimates


Future Annual Growth Analysis

WSFS Financial's revenue is expected to grow by 3.2% yearly, however this is not considered high growth (20% yearly).

WSFS Financial's earnings are expected to grow significantly at over 20% yearly.

WSFS Financial's revenue growth is positive but not above the United States of America market average.

WSFS Financial's earnings growth is expected to exceed the United States of America market average.

WSFS Financial's earnings growth is expected to exceed the low risk savings rate of 2.7%.


Earnings per Share Growth Estimates


Future Return on Equity

WSFS Financial is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).


Next Steps

Past Performance

How has WSFS Financial performed over the past 5 years?

17.9%

Historical annual earnings growth


Earnings and Revenue History


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 32.9%).


Return on Equity

WSFS Financial has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).


Return on Assets

WSFS Financial used its assets more efficiently than the US Mortgage industry average last year based on Return on Assets.


Return on Capital Employed

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.


Next Steps

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

Information is not available.

Information is not available.


Financial Institutions Analysis

WSFS Financial has an acceptable proportion of non-loan assets held.

WSFS Financial has a low allowance for bad loans.

WSFS Financial's liabilities are made up of primarily low risk sources of funding.

WSFS Financial's level of assets compared to its equity is low (i.e. an appropriate level of borrowing to fund lending).

Loans at WSFS Financial are broadly funded by customer deposits.

WSFS Financial has an acceptable level of bad loans (less than 2%).


Next Steps

Dividend

What is WSFS Financial's current dividend yield, its reliability and sustainability?

1.17%

Expected Dividend Yield


Dividend Yield and Payments Analysis

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 (3.85%).

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

Dividends paid are thoroughly covered by earnings (6.7x coverage).


Future Payout to Shareholders

Dividends after 3 years are expected to be thoroughly covered by earnings (7.8x coverage).


Next Steps

Management

What is the CEO of WSFS Financial's salary, the management and board of directors tenure and is there insider trading?

3.2yrs

Average management tenure


CEO

Rodger Levenson (58yo)

0.6yrs

Tenure

US$1,131,187

Compensation

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 Off ...


CEO Compensation Analysis

Rodger's remuneration is lower than average for companies of similar size in United States of America.

Rodger's compensation has been consistent with company performance over the past year, both up more than 20%.


Management Age and Tenure

3.2yrs

Average Tenure

57yo

Average Age

The tenure for the WSFS Financial management team is about average.


Board Age and Tenure

3.0yrs

Average Tenure

56yo

Average Age

The tenure for the WSFS Financial board of directors is about average.


Insider Trading

No 3 month open market individual insider trading information.


Recent Insider Transactions

SellUS$2,284,96501 May 19
Gerard Cuddy
EntityIndividual
Shares53,537
Max PriceUS$42.71
BuyUS$207,79304 Sep 18
Dominic Canuso
EntityIndividual
Role
Chief Financial Officer
Executive VP & CFO
Shares4,245
Max PriceUS$48.95

Ownership Breakdown


Management Team

  • Mark Turner (56yo)

    Executive Chairman of the Board

    • Tenure: 2.0yrs
    • Compensation: US$2.93m
  • Rodger Levenson (58yo)

    CEO, President & Director

    • Tenure: 0.6yrs
    • Compensation: US$1.13m
  • Peggy Eddens (63yo)

    Executive VP and Chief Associate & Customer Experience Officer

    • Tenure: 12.0yrs
    • Compensation: US$887.28k
  • Lisa Brubaker (55yo)

    Executive VP & CTO

    • Tenure: 1.3yrs
  • John Olsen

    Senior VP & General Counsel

    • Tenure: 8.0yrs
  • Justin Dunn

    Senior VP & Chief Marketing Officer

    • Tenure: 0.0yrs
  • Charles Mosher

    Senior VP & Chief Accounting Officer

    • Tenure: 0.0yrs
  • Steve Clark (61yo)

    Chief Commercial Banking Officer & Executive VP

    • Tenure: 4.4yrs
    • Compensation: US$862.29k
  • Dominic Canuso (44yo)

    Executive VP & CFO

    • Tenure: 3.2yrs
    • Compensation: US$886.52k
  • Jim Wechsler

    Senior Vice President of Corporate Development

    • Tenure: 0.4yrs

Board Members

  • Skip Schoenhals (71yo)

    Director

    • Tenure: 29.6yrs
    • Compensation: US$107.83k
  • Mark Turner (56yo)

    Executive Chairman of the Board

    • Tenure: 2.0yrs
    • Compensation: US$2.93m
  • Pat Ward (63yo)

    Executive VP

    • Tenure: 3.0yrs
    • Compensation: US$1.01m
  • Anat Bird (67yo)

    Director

    • Tenure: 9.3yrs
    • Compensation: US$111.08k
  • David Turner (54yo)

    Director

    • Tenure: 6.5yrs
    • Compensation: US$125.33k
  • Thère du Pont (52yo)

    Lead Independent Director

    • Tenure: 3.0yrs
    • Compensation: US$147.83k
  • Rodger Levenson (58yo)

    CEO, President & Director

    • Tenure: 0.6yrs
    • Compensation: US$1.13m
  • J.J Davis (48yo)

    Director

    • Tenure: 10.6yrs
    • Compensation: US$102.14k
  • Cheryl Hughes

    Senior VP & Director of Transaction Services

    • Tenure: 0.0yrs
  • Chris Gheysens (47yo)

    Director

    • Tenure: 2.2yrs

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: 1988
  • Industry: Thrifts and Mortgage Finance
  • Sector: Banks
  • Market Cap: US$2.246b
  • Shares outstanding: 52.99m
  • Website: https://www.wsfsbank.com

Number of Employees


Location

  • WSFS Financial Corporation
  • 500 Delaware Avenue
  • Wilmington
  • Delaware
  • 19801
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
WSFSNasdaqGS (Nasdaq Global Select)YesCommon StockUSUSDNov 1986

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

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2019/08/21 23:44
End of Day Share Price2019/08/21 00:00
Earnings2019/06/30
Annual Earnings2018/12/31


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.