WSFS Q2 2026: EPS $1.63, Wealth Fees Surge 17%, $76.6M Returned to Shareholders
WSFS sits 64% above its 52-week low of $49.915 on light trading volume (0.2× avg).
Summary
WSFS Financial reported Q2 2026 diluted EPS of $1.63, fueled by a 17% surge in Wealth and Trust fees and lower credit provisions. The company returned $76.6 million to shareholders via buybacks and an increased dividend, while deposits grew $535 million.
Key Events · Earnings and Guidance · WSFS
-
Q2 2026 Earnings Beat
Diluted EPS came in at $1.63, with net income of $84.3 million and an ROA of 1.52%, as strong fee income growth and lower credit costs drove the outperformance.
-
Wealth & Trust Fees Surge 17%
Wealth and Trust noninterest income rose 17% year-over-year, led by a 34% jump at WSFS Institutional Services and a 20% increase at BMT-DE, pushing fiduciary assets past the $100 billion mark.
-
Capital Return of $76.6 Million
The company repurchased 923,948 shares at an average price of $71.69 for $66.2 million and paid $10.4 million in dividends, following an 18% dividend increase to $0.20 per share.
-
Credit Card Portfolio Sale Completed
The sale of the credit card portfolio generated a $1.7 million gain and a $1.3 million release of provision for credit losses, contributing to a lower overall provision of $5.0 million.
Analysis · WSFS · Finance
A strong quarter for WSFS was anchored by diluted EPS of $1.63, reflecting a 17% surge in Wealth and Trust fees and a meaningful decline in credit costs. Capital returns to shareholders reached $76.6 million through buybacks and a higher dividend, while deposit growth and the credit card portfolio sale further fortified the balance sheet. These results build on the Q2 beat reported in July, confirming sustained momentum in fee-based businesses and disciplined capital management.
How filings like this one have moved
In the 30 days to Oct 1, 2026, 36.1% of the 1052 measured filings Wiseek scored 8 moved their stock by 5% or more by the next session's close. The median move was -0.56%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, WSFS was trading at $82.07 on NASDAQ in the Finance sector, with a market capitalization of approximately $4.3B. The 52-week trading range was $49.92 to $82.64. This filing was assessed with positive market sentiment and an importance score of 8 out of 10.