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WSFS Financial WSFS Wealth and Trust — Equipment expense

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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:EquipmentExpense.

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 wealth and trust — equipment expense?
WSFS Financial (WSFS) reported wealth and trust — equipment expense of $2.81M in Q1 2026.
How has WSFS Financial's wealth and trust — equipment expense changed year-over-year?
WSFS Financial's wealth and trust — equipment expense increased by 4.9% year-over-year, from $2.68M to $2.81M.
What does wealth and trust — equipment expense mean?
Represents the costs incurred by the Wealth and Trust segment for the maintenance, leasing, and depreciation of hardware and technology infrastructure. This metric reflects the operational investment required to support client-facing advisory platforms and back-office processing systems.