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WSFS Financial WSFS Loan workout and other credit costs

Loan workout and other credit costs at other companies

SouthState logo
SouthStateSSB
$4.38M+145%
NBT
NBT BancorpNBTB
$610K-7.4%
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$475K+2,059%
First Merchants Corporation logo
First Merchants CorporationFRME
$1.1M+83.3%
SBC
Seacoast Banking Corporation of FloridaSBCF
$0-100%
FIB
First Interstate BancSystem, Inc.FIBK
-$1.1M-320%

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×

Where this comes from

Reported directly by WSFS Financial in its filing.

Tagged under the XBRL concept wsfs:LoanWorkoutAndOreoExpensesRecovery.

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

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Questions, answered.

What is WSFS Financial's loan workout and other credit costs?
WSFS Financial (WSFS) reported loan workout and other credit costs of $2.17M in Q1 2026.
How has WSFS Financial's loan workout and other credit costs changed year-over-year?
WSFS Financial's loan workout and other credit costs increased by 805.8% year-over-year, from $240K to $2.17M.
What does loan workout and other credit costs mean?
This metric tracks the costs associated with managing, restructuring, or recovering value from non-performing loans and other real estate owned (OREO). It provides insight into the efficiency of the bank's credit recovery processes and the impact of distressed assets on the bottom line.