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WSFS Financial WSFS WSFS Bank — Equipment expense

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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$3.96B+13.6%

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:EquipmentExpense.

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 WSFS bank — equipment expense?
WSFS Financial (WSFS) reported WSFS bank — equipment expense of $10.05M in Q1 2026.
How has WSFS Financial's WSFS bank — equipment expense changed year-over-year?
WSFS Financial's WSFS bank — equipment expense increased by 4.9% year-over-year, from $9.58M to $10.05M.
What is the long-term trend for WSFS Financial's WSFS bank — equipment expense?
Over 3 years (2022 to 2025), WSFS Financial's WSFS bank — equipment expense has grown at a 4.0% compound annual growth rate (CAGR), from $37.28M to $41.97M.
What does WSFS bank — equipment expense mean?
Represents the costs associated with the maintenance, depreciation, and leasing of hardware and technology infrastructure required for banking operations. This metric reflects the bank's investment in physical and digital tools necessary to support customer service and internal processing.