NASDAQ$WSFS
WSFS Financial Corporation · Q1 2021 earnings
Q1 2021 earnings · · Investor relations
Briefing
WSFS reported a strong first quarter with diversified revenue and improving credit trends.
WSFS Financial Corporation reported a strong first quarter in 2021, with an EPS of $1.36 and an ROA of 1.85%. The results reflect diversified revenue streams and improving credit trends. The board also approved an 8% increase in the cash dividend.
- Core ROA was 1.89% in 1Q 2021 compared to 0.39% for 1Q 2020.
- Core EPS was $1.39 in 1Q 2021 compared to $0.23 for 1Q 2020.
- Total net credit (recoveries) costs were $(19.0) million and net charge-offs were $3.8 million, or 0.18% of average gross loans during the quarter.
- Core fee revenue (noninterest income) was $47.5 million, an increase of $8.0 million, or 20% compared to 1Q 2020.
Headline financials
Revenue & EPS history
WSFS · Revenue · Quarterly
$169M
Revenue by segment
WSFS · $29.3M total across 2 segments · Q1 2021
- Wealth and Trust$19.2M+30.6%65.5%
- Cash Connect$10.1M-8.2%34.5%
Forward guidance
The company expects to close the combination with Bryn Mawr in early 4Q 2021.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2021
+0.1%
Avg return
Earnings day
+0.6%
Avg return
5 days after
+3.2%
Avg return
30 days after
47%
31 / 66 earnings
Positive
+17.2%
Q1 2020
Best reaction
-8.4%
Q1 2023
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +1.8% | +1.4% | +2.2% | |
| Q4 2025 | +6.5% | +11.8% | +14.6% | |
| Q3 2025 | +0.2% | +0.3% | +5.4% | |
| Q2 2025 | -1.5% | -0.4% | -0.1% | |
| Q1 2025 | -0.9% | -1.2% | +1.2% | |
| Q4 2024 | +1.3% | +2.2% | -2.4% | |
| Q3 2024 | -3.1% | -1.6% | +19.4% | |
| Q2 2024 | +1.3% | +1.0% | -1.4% | |
| Q1 2024 | -4.9% | -5.2% | -2.5% | |
| Q4 2023 | +1.7% | +3.3% | -8.4% | |
| Q3 2023 | +0.3% | -1.1% | +13.1% | |
| Q2 2023 | -0.2% | +4.9% | -4.7% | |
| Q1 2023 | -8.4% | -6.2% | -9.1% | |
| Q4 2022 | +1.7% | +2.6% | +4.7% | |
| Q3 2022 | -5.5% | -5.2% | -2.6% | |
| Q2 2022 | +5.0% | +13.3% | +17.7% | |
| Q1 2022 | -3.5% | -5.1% | -8.7% | |
| Q4 2021 | +3.4% | +0.1% | -1.3% | |
| Q3 2021 | +0.1% | -3.8% | -3.0% | |
| Q2 2021 | -3.0% | -2.8% | +0.2% | |
| Q1 2021 | +2.2% | +4.7% | +9.0% | |
| Q4 2020 | -2.4% | -7.7% | +16.5% | |
| Q3 2020 | +5.4% | +0.8% | +27.4% | |
| Q2 2020 | +2.0% | +3.7% | +6.4% | |
| Q1 2020 | +17.2% | +18.4% | +30.5% | |
| Q4 2019 | -4.0% | -3.7% | -4.9% | |
| Q3 2019 | +2.8% | -1.3% | -0.6% | |
| Q2 2019 | +2.0% | +5.4% | +6.7% | |
| Q1 2019 | +0.3% | +0.2% | -5.9% | |
| Q4 2018 | +3.7% | +2.5% | +5.6% | |
| Q3 2018 | -2.2% | -4.5% | -6.2% | |
| Q2 2018 | +3.6% | +3.6% | -7.4% | |
| Q1 2018 | +4.2% | +3.0% | +6.6% | |
| Q4 2017 | -0.8% | +1.7% | -3.0% | |
| Q3 2017 | -2.7% | +1.1% | -3.6% | |
| Q2 2017 | -1.5% | -2.5% | -3.8% | |
| Q1 2017 | -5.7% | -5.8% | -12.5% | |
| Q4 2016 | -2.1% | -1.7% | +1.1% | |
| Q3 2016 | -5.2% | -1.4% | +19.7% | |
| Q2 2016 | +1.8% | -0.4% | +10.1% | |
| Q1 2016 | -1.2% | — | — | |
| Q4 2015 | +1.6% | — | — | |
| Q3 2015 | +1.2% | — | — | |
| Q2 2015 | -1.2% | — | — | |
| Q1 2015 | -0.5% | — | — | |
| Q4 2014 | -2.3% | — | — | |
| Q3 2014 | +1.9% | — | — | |
| Q2 2014 | +0.3% | — | — | |
| Q1 2014 | -2.5% | — | — | |
| Q4 2013 | +2.7% | — | — | |
| Q3 2013 | +7.7% | — | — | |
| Q2 2013 | -3.2% | — | — | |
| Q1 2013 | -0.9% | — | — | |
| Q4 2012 | +3.0% | — | — | |
| Q3 2012 | -0.6% | — | — | |
| Q2 2012 | -0.1% | — | — | |
| Q4 2011 | -0.1% | — | — | |
| Q1 2011 | -2.3% | — | — | |
| Q1 2012 | +0.0% | — | — | |
| Q4 2009 | +2.5% | — | — | |
| Q3 2010 | -2.3% | — | — | |
| Q3 2011 | -2.3% | — | — | |
| Q2 2011 | -5.2% | — | — | |
| Q4 2010 | -5.2% | — | — | |
| Q2 2010 | -5.2% | — | — | |
| Q1 2010 | +8.6% | — | — |
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