What is WSFS Financial's (recovery of) provision for credit losses?

WSFS Financial (WSFS) reported (recovery of) provision for credit losses of -$2M in Q1 2026.

How has WSFS Financial's (recovery of) provision for credit losses changed year-over-year?

WSFS Financial's (recovery of) provision for credit losses decreased by 111.5% year-over-year, from $17.35M to -$2M.

WSFS Financial WSFS (Recovery of) provision for credit losses

Other financials

Income statement

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Revenue$275.3M+7.5%

Net income$86.8M+31.8%

EPS (diluted)$1.64+46.4%

Balance sheet

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Cash & equivalents$2.5B+143%

Total debt$129.6M-15.1%

Total equity$2.7B+2.0%

Total assets$22.1B+7.6%

Cash flow

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Operating cash flow$86.4M+888%

CapEx$885.0K-63.6%

Free cash flow$85.5M+1,254%

Valuation

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Market cap$3.96B+13.6%

Profitability

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Net margin28.4%+3.3pp

FCF margin27%+17.1pp

Returns & leverage

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Return on equity11.4%+1.2pp

Debt / equity0×0.0×

Where this comes from

Reported directly by WSFS Financial in its filing.

Tagged under the XBRL concept wsfs:FinancingReceivableAccountsReceivableAndDebtSecuritiesHeldToMaturityExcludingAccruedInterestCreditLossExpenseReversal.

The official record: WSFS Financial’s 10-Q, filed May 4, 2026, on SEC EDGAR. View the filing →

Questions, answered.

What is WSFS Financial's (recovery of) provision for credit losses?: WSFS Financial (WSFS) reported (recovery of) provision for credit losses of -$2M in Q1 2026.
How has WSFS Financial's (recovery of) provision for credit losses changed year-over-year?: WSFS Financial's (recovery of) provision for credit losses decreased by 111.5% year-over-year, from $17.35M to -$2M.