WSFS Financial WSFS Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Noninterest income by Business | |||||
| Cash Connect | $97.36M-15.0% | $114.54M+38.9% | $82.47M+48.5% | $55.52M+29.7% | |
| WSFS Bank | $71.12M-9.1% | $78.25M+4.4% | $74.95M-6.1% | $79.8M+0.6% | |
| Other segment items by Business | |||||
| Cash Connect | $58.38M-30.2% | $83.64M+68.0% | $49.79M+75.5% | $28.37M— | |
| Wealth Management | $11.37M-2.9% | $11.7M+6.6% | $10.97M-6.9% | $11.78M— | |
| WSFS Bank | $99.82M-11.2% | $112.36M+3.9% | $108.19M-26.7% | $147.52M— | |
| Total Assets by Business | |||||
| Cash Connect | $1.45B+3.7% | $1.4B-10.3% | $1.56B-28.1% | $2.17B+17.2% | |
| Wealth and Trust | $2.62B— | —— | —— | —— | |
| WSFS Bank | $79.39B+0.3% | $79.19B+2.2% | $77.49B+0.4% | $77.17B+33.0% | |
| Interest Income (Expense), Operating by Business | |||||
| Cash Connect | -$13.71M+9.8% | -$15.2M-1.6% | -$14.96M-80.4% | -$8.3M— | |
| Wealth Management | $100.32M+1.4% | $98.94M+13.7% | $87.04M+107% | $42.02M— | |
| WSFS Bank | $731.9M+1.4% | $721.71M-1.6% | $733.34M+12.2% | $653.39M— | |
| Other segment assets by Business | |||||
| Cash Connect | $37.03M— | —— | —— | —— | |
| Wealth and Trust | $1.94B— | —— | —— | —— | |
| WSFS Bank | $72.33B— | —— | —— | —— | |
| Occupancy, Net by Business | |||||
| Cash Connect | $0-100% | $28K-90.5% | $296K-1.0% | $299K— | |
| Wealth and Trust | $799K-25.0% | $1.07M-10.8% | $1.19M-2.5% | $1.22M— | |
| Salaries, benefits and other compensation by Business | |||||
| Cash Connect | $10.04M-1.6% | $10.21M+8.7% | $9.4M+15.8% | $8.11M— | |
| Wealth Management | $66.61M+14.5% | $58.19M+16.2% | $50.06M+1.3% | $49.44M— | |
| WSFS Bank | $280.18M+8.9% | $257.28M+12.0% | $229.74M+1.5% | $226.35M— | |
| Interest Expense by Business | |||||
| Cash Connect | $15.53M-6.7% | $16.65M+1.8% | $16.35M+66.3% | $9.83M+1,048% | |
| WSFS Bank | $262.18M-17.7% | $318.48M+43.6% | $221.71M+361% | $48.08M+118% | |
| Goodwill by Business | |||||
| Cash Connect | $0— | —— | —— | —— | |
| Wealth and Trust | $527.23M— | —— | —— | —— | |
| WSFS Bank | $3.01B— | —— | —— | —— | |
| Equipment expense by Business | |||||
| Cash Connect | $467K— | $0— | $0— | $0— | |
| Wealth Management | $10.5M+14.9% | $9.14M+38.8% | $6.59M+77.3% | $3.71M— | |
| WSFS Bank | $41.97M+11.3% | $37.72M+5.8% | $35.66M-4.4% | $37.28M— | |
| Professional fees by Business | |||||
| Cash Connect | $95K— | $0— | $0— | $0— | |
| Wealth Management | $6.76M+38.5% | $4.88M-36.1% | $7.64M+41.6% | $5.39M— | |
| WSFS Bank | $14.42M-4.0% | $15.03M+31.6% | $11.42M-26.3% | $15.49M— | |
| Cash & Equivalents by Business | |||||
| Cash Connect | $1.42B+6.0% | $1.34B-12.1% | $1.52B— | —— | |
| Wealth and Trust | $155.89M— | —— | —— | —— | |
| WSFS Bank | $4.05B+53.8% | $2.63B+18.5% | $2.22B— | —— | |
| Goodwill adjustments by Business | |||||
| WSFS Bank | $0— | —— | —— | —— | |
| Revenue from Contract with Customer, Including Assessed Tax by Product | |||||
| ATM loss protection | $2.6M-16.4% | $3.11M+17.4% | $2.65M+0.9% | $2.63M+4.2% | |
| Capital markets revenue | $9.88M-16.7% | $11.86M+0.1% | $11.85M+50.7% | $7.86M— | |
| Currency preparation | $6.75M-8.7% | $7.39M+36.2% | $5.43M+31.8% | $4.12M+1.4% | |
| Managed service fees | $19.77M-6.9% | $21.24M+3.6% | $20.5M+14.0% | $17.99M+9.5% | |
| Miscellaneous products and services | $18.7M+13.7% | $16.45M+27.1% | $12.94M-35.4% | $20.03M+69.9% | |
| Number of banking offices by Geography | |||||
| Delaware | 153-2.5% | 157-0.6% | 158+1.3% | 156-7.1% | |
| Florida | 8+14.3% | 7— | —— | —— | |
| Nevada | 40.0% | 40.0% | 40.0% | 40.0% | |
| New Jersey | 560.0% | 56-5.1% | 59-15.7% | 70+9.4% | |
| Pennsylvania | 232+1.8% | 228-3.4% | 236-4.5% | 247+19.3% | |
| Virginia | 40.0% | 40.0% | 40.0% | 40.0% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does WSFS Financial break its business down?
- WSFS Financial (WSFS) reports revenue by business across 3 parts — Cash Connect, Wealth and Trust and WSFS Bank. Each is extracted from the segment footnotes and tracked over time.
- Where does WSFS Financial's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in WSFS Financial's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.