WSFS: Q4 Earnings Snapshot

Associated Press Finance
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WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — WSFS Financial Corp. (WSFS) on Thursday reported fourth-quarter net income of $63.9 million.

The Wilmington, Delaware-based company said it had profit of $1.05 per share. Earnings, adjusted for non-recurring costs, were $1.15 per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of $1.08 per share.

The bank holding company posted revenue of $344.4 million in the period. Its adjusted revenue was $265.3 million.

For the year, the company reported profit of $269.2 million, or $4.40 per share. Revenue was reported as $1.01 billion.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSFS at https://www.zacks.com/ap/WSFS

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