
WSFS Financial (WSFS) Stock Forecast & Price Target
WSFS Financial (WSFS) Analyst Ratings
Bulls say
WSFS Financial Corp demonstrated a positive financial performance with a reported net interest margin (NIM) of 3.88%, surpassing consensus estimates, and evidenced a notable growth of 5.7% in deposits quarter-over-quarter, primarily driven by strong inflows in the Trust business. The Wealth Management and Trust segments exhibited robust revenue growth of 19% year-over-year, with expectations for continued double-digit growth fueled by investments in talent and technology. Additionally, projected loan growth rates are expected to improve significantly, highlighting the company's lending capacity and overall financial health within the evolving market environment.
Bears say
The financial assessment of WSFS Financial Corp reveals a negative outlook primarily due to a significant decline in core loans, which fell 0.3% quarter-over-quarter, missing the projected growth consensus. Additionally, the Cash Connect segment demonstrated a concerning revenue decrease of 2% quarter-over-quarter and 24% year-over-year, largely impacted by the termination of a crucial partnership, while Wealth Management faced stagnant asset growth that is affecting overall revenue streams. Elevated non-performing assets and increased net charge-offs indicate potential credit volatility, further raising concerns about the company's ability to navigate changing economic conditions effectively.
This aggregate rating is based on analysts' research of WSFS Financial and is not a guaranteed prediction by Public.com or investment advice.
WSFS Financial (WSFS) Analyst Forecast & Price Prediction
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