WSFS Reports 4Q 2022 EPS of $1.37 and ROA of 1.69%; Results Reflect NIM of 4.49%, Loan Growth, and Diversified Fee Revenue; Successful First Full-Year of Bryn Mawr Trust Combination

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[{"type":"text","content":" WILMINGTON, Del.--(BUSINESS WIRE)--\nWSFS Financial Corporation (Nasdaq: WSFS), the parent company of WSFS Bank, today announced its financial results for the fourth quarter of 2022.\n\nSelected financial results and metrics are as follows:\n\n\n\n(Dollars in millions, except per share data)\n\n\n\n \n\n\n\n \n\n\n\n4Q 2022\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n3Q 2022\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n4Q 2021\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2022\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n2021\n\n\n\n \n\n\n\n\n\nNet interest income\n\n\n\n \n\n\n\n$\n\n\n\n193.9\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n176.8\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n108.2\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n662.9\n\n\n\n \n\n\n\n \n\n\n\n$\n\n\n\n433.6\n\n\n\n \n\n\n\n\n\nFee revenue\n\n\n\n \n\n\n\n \n\n\n\n64.9\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n62.7\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n46.0\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n260.1\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n185.5\n\n\n\n \n\n\n\n\n\nTotal net revenue\n\n\n\n \n\n\n\n \n\n\n\n258.8\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n239.5\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n154.3\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n923.0\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n619.1\n\n\n\n \n\n\n\n\n\nProvision for (recovery of) credit losses\n\n\n\n \n\n\n\n \n\n\n\n13.4\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n7.5\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n(8.1\n\n\n\n)\n\n\n\n \n\n\n\n \n\n\n\n48.1\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n(117.1\n\n\n\n)\n\n\n\n\n\nNoninterest expense\n\n\n\n \n\n\n\n \n\n\n\n132.9\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n132.9\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n90.4\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n574.3\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n378.5\n\n\n\n \n\n\n\n\n\nNet income attributable to WSFS\n\n\n\n \n\n\n\n \n\n\n\n84.4\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n73.4\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n56.3\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n222.4\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n271.4\n\n\n\n \n\n\n\n\n\nPre-provision net revenue (PPNR)(1)\n\n\n\n \n\n\n\n \n\n\n\n125.9\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n106.6\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n63.8\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n348.7\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n240.6\n\n\n\n \n\n\n\n\n\nEarnings per share (EPS) (diluted)\n\n\n\n \n\n\n\n \n\n\n\n1.37\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1.16\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n1.18\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n3.49\n\n\n\n \n\n\n\n \n\n\n\n \n\n\n\n...

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