WSFS: 4Q Earnings Snapshot – SFChronicle.com
WILMINGTON, Del. (AP) _ WSFS Financial Corp. (WSFS) on Monday reported fourth-quarter profit of $59.8 million.
On a per-share basis, the Wilmington, Delaware-based company said it had net income of $1.20. Earnings, adjusted for non-recurring gains, were $1.16 per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 92 cents per share.
The bank holding company posted revenue of $177.9 million in the period. Its adjusted revenue was $169.6 million.
For the year, the company reported profit of $114.8 million, or $2.27 per share. Revenue was reported as $667 million.
WSFS shares have increased nearly 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $46.15, an increase of 13% in the last 12 months.
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