What does wealth and trust — goodwill adjustments mean?

Reflects periodic changes to the carrying value of goodwill within the wealth management segment, typically resulting from impairment charges or purchase price allocation refinements. Monitoring these adjustments is critical for assessing the long-term value realization of historical acquisitions in the trust and advisory space.

WSFS Financial WSFS Wealth and Trust — Goodwill adjustments

Other segment segments

WSFS Bank

$0—

Similar metrics at other companies

CWealth — Goodwill, Transfers

$609M—

BOKFWealth Management — Goodwill

$90.7M0.0%

FITBWealth And Asset Management — Goodwill

$225M—

WTFCWealth management — Goodwill

$72M0.0%

WFCWealth And Investment Management — Goodwill

$344M0.0%

WTFCWealth management — Goodwill, Impairment Loss

$0—

Other financials

Income statement

See full

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 us-gaap:GoodwillPeriodIncreaseDecrease.

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 — goodwill adjustments?: WSFS Financial (WSFS) reported wealth and trust — goodwill adjustments of $0 in Q1 2026.
What does wealth and trust — goodwill adjustments mean?: Reflects periodic changes to the carrying value of goodwill within the wealth management segment, typically resulting from impairment charges or purchase price allocation refinements. Monitoring these adjustments is critical for assessing the long-term value realization of historical acquisitions in the trust and advisory space.