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WSFS Financial WSFS Wealth and Trust — Occupancy expense

Other segment segments

WSFS Bank
$10.16M+6.6%
Cash Connect
$0

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FHNCommercial, Consumer & Wealth — Net occupancy expense
$18M-14.3%

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$3.86B+13.6%
Enterprise value$1.52B-48.9%
P/E12.5×-0.4×
P/S3.6×+0.3×

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:OccupancyNet.

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 — occupancy expense?
WSFS Financial (WSFS) reported wealth and trust — occupancy expense of -$18K in Q1 2026.
How has WSFS Financial's wealth and trust — occupancy expense changed year-over-year?
WSFS Financial's wealth and trust — occupancy expense decreased by 104.9% year-over-year, from $368K to -$18K.
What does wealth and trust — occupancy expense mean?
Costs associated with the physical facilities and office space utilized by the wealth management and trust segment, including rent, utilities, and maintenance. This metric helps evaluate the overhead efficiency of the segment's physical footprint.