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WSFS Financial WSFS Wealth Management — Equipment expense
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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-K, filed March 2, 2026.
- Filed
- Mar 1, 2026, 7:00 PM EST
- Fiscal year
- FY2025
- Accession
- 0000828944-26-000006
| (Dollars in thousands, except per share data) | Year Ended December 31, 2025 | Year Ended December 31, 2024 | Year Ended December 31, 2023 |
|---|---|---|---|
| Noninterest expense: | |||
| Salaries, benefits and other compensation | 356,831 | 332,682 | 289,193 |
| Occupancy expense | 35,560 | 37,579 | 42,184 |
| Equipment expense | 52,940 | 47,744 | 42,242 |
| Professional fees | 21,271 | 20,164 | 21,200 |
| Data processing and operations expenses | 19,945 | 18,281 | 19,054 |
| Marketing expense | 8,437 | 7,824 | 7,914 |
| FDIC expenses | 10,294 | 12,166 | 15,887 |
ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
FAQ
- What is WSFS Financial's wealth management — equipment expense?
- WSFS Financial (WSFS) reported wealth management — equipment expense of $2.63M in Q4 2025.
- How has WSFS Financial's wealth management — equipment expense changed year-over-year?
- WSFS Financial's wealth management — equipment expense increased by 14.9% year-over-year, from $2.28M to $2.63M.
- What is the long-term trend for WSFS Financial's wealth management — equipment expense?
- Over 3 years (2022 to 2025), WSFS Financial's wealth management — equipment expense has grown at a 41.4% compound annual growth rate (CAGR), from $3.71M to $10.5M.
- What does wealth management — equipment expense mean?
- Costs associated with the maintenance, depreciation, and leasing of equipment required to support Wealth Management operations. This includes technology infrastructure and office hardware necessary for delivering advisory services.
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