WILMINGTON, DE — WSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, reported earnings per share (EPS) of $1.37 for the third quarter of 2025, marking a 27% increase year-over-year. The company’s performance was driven by improved asset quality metrics, strong net interest income, and disciplined expense management.
Net interest margin (NIM) rose to 3.91%, reflecting effective balance sheet positioning amid ongoing market pressures. Return on average assets reached 1.63%, and return on average tangible common equity climbed to 14.4%. Total net revenue for the quarter was $288.8 million, with noninterest income contributing 34% of total revenues.
Loan growth remained steady, led by continued strength in commercial lending, while deposits increased modestly. Credit quality improved, with nonperforming assets declining and the allowance for credit losses maintained at prudent levels.
“WSFS delivered another strong quarter with broad-based growth and significant progress in asset quality,” said Rodger Levenson, Chairman, President, and CEO. “Our consistent performance demonstrates the strength of our diversified model, disciplined approach to credit, and continued focus on delivering long-term value to our customers and shareholders.”
Noninterest expenses totaled $167.4 million, reflecting ongoing investment in digital transformation and efficiency initiatives. The company also reported tangible book value per share of $39.83, up from $35.47 a year ago.
WSFS’s capital position remains robust, with a common equity tier 1 (CET1) ratio of 13.4%. The bank reaffirmed its commitment to sustainable shareholder returns through dividends and share repurchases, supported by strong liquidity and balance sheet health.
Looking ahead, WSFS expects to maintain stable margins and asset quality as it continues to execute its strategic plan, focusing on technology-driven growth and operational efficiency across its regional footprint.
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