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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$282.5M+5.6%
Net income$84.4M+16.7%
EPS (diluted)$1.63+28.3%

Balance sheet

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Cash & equivalents$2.6B+93.1%
Total debt$117.7M-12.5%
Total equity$2.7B+1.5%
Total assets$22.7B+9.1%

Cash flow

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Operating cash flow$86.4M+888%
CapEx$1.7M-12.2%
Free cash flow$85.5M+1,254%

Valuation

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Market cap$4.17B+37.7%
Enterprise value$1.72B-6.2%
P/E13×+1.7×
P/S3.8×+0.9×

Profitability

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Net margin29.1%+3.8pp
FCF margin27%+17.1pp

Returns & leverage

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Return on equity11.9%+1.5pp
Debt / equity0.0×

Where this comes from

Reported directly by WSFS Financial in its filing.

Tagged under the XBRL concept us-gaap:EquipmentExpense.

The source filing: WSFS Financial’s 10-Q, filed August 5, 2026.

Filed
Aug 5, 2026, 11:41 AM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0000828944-26-000028
(Dollars in thousands)Three Months Ended June 30, 2026 / WSFS BankThree Months Ended June 30, 2026 / Cash Connect®Three Months Ended June 30, 2026 / Wealthand TrustThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / WSFS BankThree Months Ended June 30, 2025 / Cash Connect®Three Months Ended June 30, 2025 / Wealthand TrustThree Months Ended June 30, 2025 / Total
Noninterest expenses:
Salaries, benefits and other compensation75,1522,60918,00695,76770,1362,58716,42289,145
Occupancy expense8,315(6)8,3098,5013288,829
Equipment expense10,2493253,08713,66111,2904202,48813,778
Professional fees2,9411591,6524,7523,4561482,7556,211
Other segment items(1)27,39712,1904,22443,81124,88613,1082,81841,380
Total external client expenses127,28115,28928,774171,344126,44116,26329,260171,964
Inter-segment expenses:

Item 6. [Exhibits](#i6a8105aa3e784c81b9e74885f5f185db_247) [71](#i6a8105aa3e784c81b9e74885f5f185db_247)

FAQ

What is WSFS Financial's wealth and trust — equipment expense?
WSFS Financial (WSFS) reported wealth and trust — equipment expense of $3.09M in Q2 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 24.1% year-over-year, from $2.49M to $3.09M.
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.

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