NASDAQ$WSFS
WSFS Financial Corporation · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
WSFS reported strong Q4 results driven by NIM and diversified fee income, and repurchased shares.
WSFS Financial Corporation reported a strong fourth quarter with earnings per share of $1.20 and a return on average assets of 1.73%. The results were driven by a net interest margin of 3.93% and diversified fee income. The company repurchased 6% of its shares during the quarter and maintained strong ACL and capital levels.
- Core ROA was 1.67% in 4Q 2020 compared to 1.63% for 4Q 2019.
- Core EPS was $1.16 in 4Q 2020 compared to $0.96 for 4Q 2019.
- WSFS repurchased 2,946,507 shares, or 6% of our outstanding common stock, totaling $116.3 million in 4Q 2020.
- Total net credit (recoveries) costs were $(0.5) million and net charge-offs were $3.0 million, or 0.13% of average gross loans during the quarter.
Headline financials
Revenue & EPS history
WSFS · Revenue · Quarterly
$123M
Revenue by segment
WSFS · $29.3M total across 2 segments · Q4 2020
- Wealth and Trust$19M+24.2%64.8%
- Cash Connect$10.3M-8.8%35.2%
Forward guidance
The company continues to make significant investments to capture organic growth opportunities.
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 Q4 2020
+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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