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WSFS Financial WSFS Increase (Decrease) In Operating Lease
Increase (Decrease) In Operating Lease at other companies
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Where this comes from
Reported directly by WSFS Financial in its filing.
Tagged under the XBRL concept wsfs:IncreaseDecreaseInOperatingLease.
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
| (Dollars in thousands) | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|
| Accretion of fees and discounts, net | (12,486) | (12,645) |
| Amortization of intangible assets | 7,329 | 7,793 |
| Amortization of right-of-use lease assets | 4,550 | 4,842 |
| Decrease in operating lease liability | (5,795) | (5,515) |
| Income from mortgage banking activities, net | (3,684) | (4,141) |
| Loss on sale of other real estate owned and valuation adjustments, net | 11 | 809 |
| Stock-based compensation expense | 7,108 | 6,327 |
| Unrealized loss on equity investments, net | 4,134 | — |
Item 6. [Exhibits](#i6a8105aa3e784c81b9e74885f5f185db_247) [71](#i6a8105aa3e784c81b9e74885f5f185db_247)
FAQ
- What is WSFS Financial's increase (decrease) in operating lease?
- WSFS Financial (WSFS) reported increase (decrease) in operating lease of $3M in Q2 2026.
- How has WSFS Financial's increase (decrease) in operating lease changed year-over-year?
- WSFS Financial's increase (decrease) in operating lease increased by 1.1% year-over-year, from $2.96M to $3M.
- What is the long-term trend for WSFS Financial's increase (decrease) in operating lease?
- Over 4 years (2021 to 2025), WSFS Financial's increase (decrease) in operating lease has grown at a 1.2% compound annual growth rate (CAGR), from $11.94M to $12.51M.
- What does increase (decrease) in operating lease mean?
- Reflects the change in operating lease liabilities and related right-of-use assets during the period. It captures the cash flow impact of lease obligations associated with the company's physical branch network and corporate office space.
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