What is WSFS Financial's restructuring expense?

WSFS Financial (WSFS) reported restructuring expense of $2.8M in Q1 2026.

How has WSFS Financial's restructuring expense changed year-over-year?

WSFS Financial's restructuring expense increased by 975.4% year-over-year, from $260K to $2.8M.

What does restructuring expense mean?

These are non-recurring costs associated with reorganizing business operations, such as severance, facility closures, or system consolidations. It is used to isolate the impact of temporary strategic shifts from ongoing operational performance.

WSFS Financial WSFS Restructuring expense

Restructuring expense at other companies

Capri HoldingsCPRI

$0-100%

Gates Industrial CorporationGTES

$700K-56.3%

WolfspeedWOLF

$10.6M-83.8%

Campbell SoupCPB

$9M+50.0%

Worthington EnterprisesWOR

$2.19M-59.3%

Benchmark ElectronicsBHE

$3.75M-67.2%

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

See full

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:RestructuringChargesNet.

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 restructuring expense?: WSFS Financial (WSFS) reported restructuring expense of $2.8M in Q1 2026.
How has WSFS Financial's restructuring expense changed year-over-year?: WSFS Financial's restructuring expense increased by 975.4% year-over-year, from $260K to $2.8M.
What does restructuring expense mean?: These are non-recurring costs associated with reorganizing business operations, such as severance, facility closures, or system consolidations. It is used to isolate the impact of temporary strategic shifts from ongoing operational performance.