WSFS Financial WSFS Tax credit investments
Tax credit investments at other companies
Other financials
Where this comes from
Reported directly by WSFS Financial in its filing.
Tagged under the XBRL concept us-gaap:AmortizationMethodQualifiedAffordableHousingProjectInvestments.
The source filing: WSFS Financial’s 10-Q, filed August 5, 2026.
- Filed
- Aug 5, 2026, 11:41 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000828944-26-000028
The amount of affordable housing tax credits, amortization, and tax benefits recorded as income tax expense for the three months ended June 30, 2026 were $2.5 million, $2.8 million, and $0.8 million, respectively, compared to $1.9 million, $2.2 million, and $0.6 million, respectively, for the three months ended June 30, 2025. The amount of affordable housing tax credits, amortization, and tax benefits recorded as income tax expense for the six months ended June 30, 2026 were $5.1 million, $5.5 million, and $1.5 million, respectively, compared to $3.9 million, $4.4 million, and $1.3 million, respectively, for the six months ended June 30, 2025. The carrying value of the investment in affordable housing credits was $144.3 million at June 30, 2026, compared to $115.8 million at December 31, 2025 and is included in the Other assets line item on the unaudited Consolidated Statements of Financial Condition. Unfunded commitments related to our investment in affordable housing credits were $96.1 million at June 30, 2026, compared to $72.7 million at December 31, 2025 and are included in the Other liabilities line item on the unaudited Consolidated Statements of Financial Condition.
Item 6. [Exhibits](#i6a8105aa3e784c81b9e74885f5f185db_247) [71](#i6a8105aa3e784c81b9e74885f5f185db_247)
FAQ
- What is WSFS Financial's tax credit investments?
- WSFS Financial (WSFS) reported tax credit investments of $144.3M in Q2 2026.
- How has WSFS Financial's tax credit investments changed year-over-year?
- WSFS Financial's tax credit investments increased by 22.2% year-over-year, from $118.1M to $144.3M.
- What is the long-term trend for WSFS Financial's tax credit investments?
- Over 5 years (2020 to 2025), WSFS Financial's tax credit investments has grown at a 34.2% compound annual growth rate (CAGR), from $26.6M to $115.8M.
- What does tax credit investments mean?
- Tax credit investments as reported by WSFS Financial Corp.
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