WSFS: Q1 Earnings Snapshot

WSFS

WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — WSFS Financial Corp. (WSFS) on Thursday reported first-quarter net income of $65.8 million.

On a per-share basis, the Wilmington, Delaware-based company said it had profit of $1.09. Earnings, adjusted for non-recurring costs, came to $1.11 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.07 per share.

The bank holding company posted revenue of $337.5 million in the period. Its adjusted revenue was $251.1 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSFS at https://www.zacks.com/ap/WSFS

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