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WSFS Financial WSFS Provision for Credit Losses

Provision for Credit Losses at other companies

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Segments

By segment

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WSFS Bank-$3.15M-119%
Wealth and Trust$1.22M+45.8%
Cash Connect-$76K

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 us-gaap:ProvisionForLoanLossesExpensed.

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 provision for credit losses?
WSFS Financial (WSFS) reported provision for credit losses of -$2M in Q1 2026.
How has WSFS Financial's provision for credit losses changed year-over-year?
WSFS Financial's provision for credit losses decreased by 111.5% year-over-year, from $17.35M to -$2M.
What is the long-term trend for WSFS Financial's provision for credit losses?
Over 4 years (2021 to 2025), WSFS Financial's provision for credit losses has grown at a -14.4% compound annual growth rate (CAGR), from -$91.45M to $49.21M.
What does provision for credit losses mean?
Expense recognized to build or adjust allowances for expected credit losses on loans, receivables, and other financial assets, based on forward-looking CECL methodology.