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WSFS Financial WSFS Wealth and Trust — Occupancy, Net

Other segment segments

Wealth Management
$10.5M+14.9%
Cash Connect
$0

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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:OccupancyNet.

The source filing: WSFS Financial’s 10-K, filed March 2, 2026.

Filed
Mar 1, 2026, 7:00 PM EST
Fiscal year
FY2025
Accession
0000828944-26-000006
(Dollars in thousands)WSFSBankCash Connect®Wealthand TrustTotal
Provision for credit losses42,856876,26349,206
Noninterest expenses:
Salaries, benefits and other compensation280,18010,04266,609356,831
Occupancy expense34,76179935,560
Equipment expense42,44010,50052,940
Professional fees14,5166,75521,271
Other segment items(1)99,25658,94411,365169,565
Total external client expenses514,00969,073102,291685,373

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is WSFS Financial's wealth and trust — occupancy, net?
WSFS Financial (WSFS) reported wealth and trust — occupancy, net of $199.75K in Q4 2025.
How has WSFS Financial's wealth and trust — occupancy, net changed year-over-year?
WSFS Financial's wealth and trust — occupancy, net decreased by 25.0% year-over-year, from $266.25K to $199.75K.
What is the long-term trend for WSFS Financial's wealth and trust — occupancy, net?
Over 3 years (2022 to 2025), WSFS Financial's wealth and trust — occupancy, net has grown at a -13.3% compound annual growth rate (CAGR), from $1.22M to $799K.
What does wealth and trust — occupancy, net mean?
This metric captures the net costs associated with maintaining physical office space and facilities utilized by the wealth management segment, including rent, utilities, and property maintenance. It serves as a measure of the overhead required to support the segment's client-facing operations and administrative functions. Monitoring this expense helps evaluate the efficiency of the segment's physical footprint relative to its revenue-generating capacity.

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