WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, announced its financial results for the second quarter of 2025. The company reported an increase in net interest income to $179.5 million, up from $175.2 million in the previous quarter and $174.4 million in the same quarter of 2024. Fee revenue increased to $88.0 million, compared to $80.9 million in the first quarter of 2025, though it was slightly lower than the $91.6 million reported in the second quarter of 2024. Total net revenue for the second quarter of 2025 stood at $267.5 million, surpassing the $256.1 million reported in the previous quarter and slightly higher than the $266.0 million in the same period last year. Net income attributable to WSFS was $72.3 million, an increase from $65.9 million in the first quarter of 2025 and $69.3 million in the second quarter of 2024. Earnings per share $(EPS)$ were reported at $1.27, up from $1.12 in the previous quarter and $1.16 in the same quarter last year. The return on average assets (ROA) was 1.39%, an improvement from 1.29% in the first quarter of 2025 and 1.34% in the second quarter of 2024. The return on average equity $(ROE)$ was 10.9%, compared to 10.1% in the previous quarter and 11.4% in the same period of the previous year. The results were supported by strong performance in fee-based businesses, with a 9% quarter-over-quarter growth in core fee revenue. The net interest margin improved to 3.89%, and client deposits grew by 6% on an annualized basis. The company highlighted its recognition as a Top Workplace by the Philadelphia Inquirer for the tenth time, emphasizing the dedication of its over 2,300 associates. WSFS Financial Corporation expressed confidence in its performance as it enters the second half of the year, with an updated outlook for fiscal year 2025.
免责声明:投资有风险,本文并非投资建议,以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请,作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考,不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证,投资者应自行研究并在投资前寻求专业建议。