WILMINGTON, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, reported strong financial results for the full year and fourth quarter of 2025, driven by loan and deposit growth that lifted earnings, returns, and shareholder value.
The company posted diluted earnings per share of $1.34 in the fourth quarter, with return on average assets of 1.33%. For the full year, WSFS reported diluted earnings per share of $5.09 and return on average assets of 1.36%, reflecting gains across its diversified business lines.
Net income attributable to WSFS totaled $72.7 million in the fourth quarter and $287.3 million for the year. Total net revenue reached $271.9 million in the quarter and $1.07 billion for 2025, supported by higher net interest income and steady fee revenue.
Rodger Levenson, chairman, chief executive officer and president, said the results marked a milestone year for the company.
“2025 was a very successful year for WSFS. Tangible book value per share increased 21% to $33.11, full-year core EPS of $5.21 represented a 19% increase from the prior year, and core ROA of 1.39% increased 13 basis points when compared with 2024,” Levenson said. “These results reflect growth across all of our businesses, demonstrating the strength of our diversified business model.”
Net interest income increased to $187.4 million in the fourth quarter, aided by lower deposit costs, higher cash balances, and continued loan growth. Gross loans and leases rose to $13.3 billion at year-end, led by commercial and industrial lending, residential mortgages, and WSFS-originated consumer loans.
Deposits also continued to climb, with total client deposits reaching $17.6 billion at December 31. Noninterest demand deposits grew 6% during the quarter and accounted for more than 30% of total deposits, supporting funding flexibility and margin stability.
Levenson said fourth-quarter performance carried strong momentum into the new year.
“Our fourth quarter results were strong, with core EPS of $1.43, reflecting 29% year-over-year growth and a core ROA of 1.42%, an increase of 18 basis points year over year,” he said. “These quarterly results were driven by strong performance in our fee-based businesses, led by 13% year-over-year growth in Wealth and Trust.”
Asset quality improved during the quarter, with problem assets declining to their lowest level in more than two years. Capital ratios remained well above regulatory requirements, and tangible book value per share climbed to $33.11, up 21% from a year earlier.
WSFS returned significant capital to shareholders in 2025, repurchasing $109.3 million of common stock in the fourth quarter and paying $9.2 million in quarterly dividends. Total capital returned to shareholders through dividends and buybacks reached $324.7 million for the year. The board approved a quarterly cash dividend of $0.17 per share, payable February 27, 2026.
“Overall, WSFS enters 2026 with positive momentum as we move into the second year of our Strategic Plan,” Levenson said. “A special thank you to our more than 2,300 associates for their commitment and dedication this past year, delivering on our mission and strategy of ‘We Stand for Service.’”
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