What is WSFS Financial's wealth and trust — professional fees?

WSFS Financial (WSFS) reported wealth and trust — professional fees of $1.65M in Q2 2026.

How has WSFS Financial's wealth and trust — professional fees changed year-over-year?

WSFS Financial's wealth and trust — professional fees decreased by 40.0% year-over-year, from $2.76M to $1.65M.

What does wealth and trust — professional fees mean?

Includes payments made to third-party consultants, legal counsel, and specialized service providers within the Wealth and Trust segment. These expenses are typically associated with regulatory compliance, strategic advisory, or specialized technical support for wealth management operations.

WSFS Financial (WSFS) Wealth and Trust — Professional fees

Screener

Other segment segments

WSFS Bank

$2.94M-14.9%

Cash Connect

$159K+7.4%

Similar metrics at other companies

MRBKWealth — Professional fees

$53K+3.9%

UVSPWealth Management — Professional fees

$229K+22.5%

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TFINBanking — Professional fees

$4.36M+142%

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TFINFactoring — Professional fees

$436K+106%

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TFINIntelligence — Professional fees

$112K-96.3%

TFI

TFINPayments — Professional fees

$300K+25.0%

Other financials

Income statement

See full

Revenue$282.5M+5.6%

Net income$84.4M+16.7%

EPS (diluted)$1.63+28.3%

Balance sheet

See full

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

See full

Operating cash flow$86.4M+888%

CapEx$1.7M-12.2%

Free cash flow$85.5M+1,254%

Valuation

See full

Market cap$4.15B+39.1%

Enterprise value$1.7B-5.0%

P/E13×+1.8×

P/S3.8×+0.9×

Profitability

See full

Net margin29.1%+3.8pp

FCF margin27%+17.1pp

Returns & leverage

See full

Return on equity11.9%+1.5pp

Debt / equity0×0.0×

Where this comes from

Reported directly by WSFS Financial in its filing.

Tagged under the XBRL concept us-gaap:ProfessionalFees.

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 Bank	Three Months Ended June 30, 2026 / Cash Connect®	Three Months Ended June 30, 2026 / Wealthand Trust	Three Months Ended June 30, 2026 / Total	Three Months Ended June 30, 2025 / WSFS Bank	Three Months Ended June 30, 2025 / Cash Connect®	Three Months Ended June 30, 2025 / Wealthand Trust	Three Months Ended June 30, 2025 / Total
Salaries, benefits and other compensation	75,152	2,609	18,006	95,767	70,136	2,587	16,422	89,145
Occupancy expense	8,315	—	(6)	8,309	8,501	—	328	8,829
Equipment expense	10,249	325	3,087	13,661	11,290	420	2,488	13,778
Professional fees	2,941	159	1,652	4,752	3,456	148	2,755	6,211
Other segment items(1)	27,397	12,190	4,224	43,811	24,886	13,108	2,818	41,380
Total external client expenses	127,281	15,289	28,774	171,344	126,441	16,263	29,260	171,964
Inter-segment expenses:
Noninterest expenses	1,049	1,487	7,567	10,103	756	1,585	7,520	9,861

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

FAQ

What is WSFS Financial's wealth and trust — professional fees?: WSFS Financial (WSFS) reported wealth and trust — professional fees of $1.65M in Q2 2026.
How has WSFS Financial's wealth and trust — professional fees changed year-over-year?: WSFS Financial's wealth and trust — professional fees decreased by 40.0% year-over-year, from $2.76M to $1.65M.
What does wealth and trust — professional fees mean?: Includes payments made to third-party consultants, legal counsel, and specialized service providers within the Wealth and Trust segment. These expenses are typically associated with regulatory compliance, strategic advisory, or specialized technical support for wealth management operations.