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WSFS Financial WSFS WSFS Bank — Occupancy expense

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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-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 BankThree Months Ended June 30, 2026 / Cash Connect®Three Months Ended June 30, 2026 / Wealthand TrustThree Months Ended June 30, 2026 / TotalThree Months Ended June 30, 2025 / WSFS BankThree Months Ended June 30, 2025 / Cash Connect®Three Months Ended June 30, 2025 / Wealthand TrustThree Months Ended June 30, 2025 / Total
Provision for credit losses3,22761,8115,0448,1724,44912,621
Noninterest expenses:
Salaries, benefits and other compensation75,1522,60918,00695,76770,1362,58716,42289,145
Occupancy expense8,315(6)8,3098,5013288,829
Equipment expense10,2493253,08713,66111,2904202,48813,778
Professional fees2,9411591,6524,7523,4561482,7556,211
Other segment items(1)27,39712,1904,22443,81124,88613,1082,81841,380
Total external client expenses127,28115,28928,774171,344126,44116,26329,260171,964

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

FAQ

What is WSFS Financial's WSFS bank — occupancy expense?
WSFS Financial (WSFS) reported WSFS bank — occupancy expense of $8.32M in Q2 2026.
How has WSFS Financial's WSFS bank — occupancy expense changed year-over-year?
WSFS Financial's WSFS bank — occupancy expense decreased by 2.2% year-over-year, from $8.5M to $8.32M.
What does WSFS bank — occupancy expense mean?
Costs associated with maintaining physical branch locations and administrative facilities, including rent, utilities, and property maintenance. This metric is a key indicator of the bank's physical footprint efficiency and overhead management.

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