For the year ending 2025-12-31, WSFS had $544,336K increase in cash & cash equivalents over the period. $213,611K in free cash flow.
| Cash Flow | 2025-12-31 |
|---|---|
| Net income | 287,249 |
| Provision for credit losses | 49,206 |
| Depreciation of premises and equipment, net | 12,085 |
| Accretion of fees, premiums and discounts, net | -24,019 |
| Amortization of intangible assets | 15,285 |
| Amortization of right of use lease asset | 10,272 |
| Decrease in operating lease liability | 12,506 |
| Income from mortgage banking activities, net | 8,359 |
| Loss on sale of other real estate owned and valuation adjustments, net | -910 |
| Stock-based compensation expense | 12,793 |
| Unrealized loss (gain) on equity investments, net | -4,057 |
| Realized gain on sale of equity investment, net | 957 |
| Gain on sale of wsfs wealth management, llc business | 386 |
| Deferred income tax expense (benefit) | 5,700 |
| Decrease (increase) in accrued interest receivable | -4,386 |
| Decrease (increase) in other assets | -36,047 |
| Origination of loans held-for-sale | 466,151 |
| Proceeds from sales of loans held-for-sale | 464,720 |
| (decrease) increase in accrued interest payable | -18,527 |
| (decrease) increase in other liabilities | -149,549 |
| Increase in value of bank-owned life insurance | 672 |
| Increase in capitalized interest, net | 1,585 |
| Net cash provided by operating activities | 219,999 |
| Repayments, maturities and calls of investment securities held to maturity | 62,163 |
| Purchases of investment securities available-for-sale | 203,012 |
| Repayments of investment securities available-for-sale | 380,615 |
| Proceeds from bank-owned life insurance death benefit | 241 |
| Proceeds from bank-owned life insurance surrender | 0 |
| Net proceeds from sale of equity investments | 0 |
| Net cash paid for business combinations | 0 |
| Net increase in loans and leases | 117,745 |
| Net cash from sale of wsfs wealth management, llc business | 2,433 |
| Purchases of loans held for investment | 0 |
| Purchases of fhlb stock | 686,057 |
| Redemption of fhlb stock | 687,668 |
| Sales of assets acquired through foreclosure, net | 4,964 |
| Sale of premise and equipment | 0 |
| Investment in premises and equipment, net | 6,388 |
| Net cash provided by (used in) investing activities | 124,882 |
| Net increase (decrease) in demand and saving deposits | 725,419 |
| (decrease) increase in time deposits | -121,125 |
| Decrease in brokered deposits | 0 |
| Receipts from fhlb advances | 17,210,000 |
| Repayments of fhlb advances | 17,261,040 |
| Receipts from federal funds purchased | 20,001 |
| Repayments of federal funds purchased | 20,001 |
| Receipts from bank term funding program | 0 |
| Repayments of bank term funding program | 0 |
| Contributions from (distributions to) noncontrolling shareholders | 6 |
| Cash dividends | 37,166 |
| Issuance of common stock and exercise of common stock options | -3,235 |
| Redemption of senior and subordinated debt | 220,000 |
| Receipts from issuance of senior debt | 200,000 |
| Senior debt issuance costs | 3,126 |
| Repurchase of common shares | 290,278 |
| Net cash provided by (used in) financing activities | 199,455 |
| Increase in cash, cash equivalents, and restricted cash | 544,336 |
| Cash, cash equivalents, and restricted cash at beginning of period | 1,154,818 |
| Cash, cash equivalents, and restricted cash at end of period | 1,699,154 |
WSFS
WSFS