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WSFS FINANCIAL CORP (WSFS)

WSFS FINANCIAL CORP (WSFS)

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Cash Flow Overview

Change in Cash
$772,426K
Free Cash flow
$85,488K
Unit: Thousand (K) dollars
Positive Cash Flow Breakdown
    • Receipts from fhlb advances
    • Net increase (decrease) in deman...
    • Redemptions of stock of federal ...
    • Others
Negative Cash Flow Breakdown
    • Repayments of fhlb advances
    • Purchases of stock of federal ho...
    • Purchases of investment securiti...
    • Others
Cash Flow
2026-03-31
2025-12-31
2025-09-30
2025-06-30
Net income
86,845
72,694
76,467
138,088
Gain on sale of wsfs wealth management, llc business
-
0
0
386
Unrealized loss (gain) on equity investments, net
-
-4,057
-
-
Realized gain on sale of equity investment, net
-
0
939
18
Provision for credit losses
-
49,206
-
-
(recovery of) provision for credit losses
-38,535
-
6,566
29,971
Depreciation of premises and equipment, net
4,645
3,169
2,847
6,069
Accretion of fees and discounts, net
-5,793
-4,760
-6,614
-12,645
Amortization of intangible assets
3,665
3,714
3,778
7,793
Amortization of right-of-use lease assets
2,375
3,608
1,822
4,842
Decrease in operating lease liability
2,797
4,410
2,581
5,515
Income from mortgage banking activities, net
2,361
2,127
2,091
4,141
Loss on sale of other real estate owned and valuation adjustments, net
-11
-23
-78
-809
Stock-based compensation expense
3,530
3,351
3,115
6,327
Deferred income tax benefit
11,446
-5,837
3,977
7,560
Decrease in accrued interest receivable
-1,243
773
-257
-4,902
Decrease in other assets
-26,725
36,499
-8,809
-63,737
Origination of loans held for sale
111,429
120,103
111,866
234,182
Proceeds from sales of loans held for sale
94,923
94,979
186,460
183,281
(increase) decrease in value of bank owned life insurance
481
265
687
-280
Increase in capitalized interest, net
139
-96
635
1,046
Increase (decrease) in accrued interest payable
689
-6,096
-3,392
-9,039
Decrease in other liabilities
-24,726
35,055
-43,847
-140,757
Net cash provided by operating activities
86,373
52,545
121,524
45,930
Repayments, maturities and calls of investment securities held-to-maturity
13,457
15,108
18,629
28,426
Purchases of investment securities available-for-sale
154,253
102,661
45,403
54,948
Repayments, maturities and calls of investment securities available-for-sale
102,589
93,639
95,700
191,276
Proceeds from bank-owned life insurance death benefit
-
241
-
-
Proceeds from bank-owned life insurance surrender
-
0
-
-
Proceeds from bank-owned life insurance death benefit
-
-
0
241
Net proceeds from sale of equity investments
-
0
-
-
Proceeds from bank-owned life insurance surrender
-
-
0
0
Net cash paid for business combinations
-
0
-
-
Net decrease in loans
-1,356
284,708
-50,161
-116,802
Net cash from sale of wsfs wealth management, llc business
-
8
0
2,425
Purchases of loans held for investment
-
0
0
0
Purchases of stock of federal home loan bank of pittsburgh
188,000
320,012
128,028
238,017
Redemptions of stock of federal home loan bank of pittsburgh
173,911
329,967
129,819
227,882
Sales of other real estate owned
189
239
640
4,085
Sale of premise and equipment
-
0
-
-
Investment in premises and equipment
885
749
1,232
4,407
Net cash (used in) provided by investing activities
-51,636
-269,169
120,286
273,765
Receipts from federal funds purchased
-
20,001
0
0
Repayments of federal funds purchased
-
20,001
0
0
Receipts from bank term funding program
-
0
0
0
Decrease in brokered deposits
-
0
0
0
Net increase (decrease) in demand and saving deposits
921,408
484,937
114,919
125,563
Decrease in time deposits
-87,850
-69,240
-7,601
-44,284
Repayments of bank term funding program
-
0
0
-
Receipts from fhlb advances
4,000,000
8,010,000
3,250,000
5,950,000
Contributions from (distributions to) noncontrolling shareholders
-
6
0
0
Repayments of fhlb advances
4,000,000
8,010,000
3,301,040
5,950,000
Cash dividend
9,029
9,255
9,496
18,415
Issuance of common stock including proceeds from exercise of common stock options
-1,087
-284
228
-3,179
Redemption of subordinated debt
0
150,000
0
70,000
Receipts from issuance of senior debt
-
200,000
-
-
Senior debt issuance costs
-
3,126
-
-
Repurchases of common stock
85,753
110,360
47,218
132,700
Net cash provided by (used in) financing activities
737,689
342,678
-208
-143,015
Increase (decrease) in cash, cash equivalents, and restricted cash
772,426
126,054
241,602
176,680
Cash, cash equivalents, and restricted cash at beginning of period
1,699,154
1,573,100
1,154,818
-
Cash, cash equivalents, and restricted cash at end of period
2,471,580
1,699,154
1,573,100
-
Unit: Thousand (K) dollars (except for numbers of shares and EPS). Numbers labeled with * are estimated quarterly values.

Time Plot

Show the time plot by selecting a row from the table.

Cash Flow

Receipts from fhlbadvances$4,000,000K Proceeds from sales ofloans held for sale$94,923K Net increase(decrease) in demand and...$921,408K Net income$86,845K something is missing$36,537K Decrease in other assets-$26,725K Deferred income taxbenefit$11,446K Depreciation of premises andequipment, net$4,645K Amortization of intangibleassets$3,665K Stock-based compensationexpense$3,530K Amortization of right-of-uselease assets$2,375K Decrease in accruedinterest receivable-$1,243K Increase (decrease) inaccrued interest...$689K Loss on sale of otherreal estate owned and...-$11K Net cash provided by(used in) financing...$737,689K Net cash provided byoperating activities$86,373K Canceled cashflow$4,183,719K Canceled cashflow$186,261K Increase (decrease) incash, cash...$772,426K Canceled cashflow$51,636K Repayments of fhlb advances$4,000,000K Decrease in time deposits-$87,850K Repurchases of common stock$85,753K Cash dividend$9,029K Issuance of common stockincluding proceeds from...-$1,087K Origination of loans held forsale$111,429K (recovery of) provisionfor credit losses-$38,535K Decrease in otherliabilities-$24,726K Accretion of fees anddiscounts, net-$5,793K Decrease in operatinglease liability$2,797K Income from mortgagebanking activities, net$2,361K (increase) decrease invalue of bank owned...$481K Increase in capitalizedinterest, net$139K Redemptions of stock offederal home loan bank of...$173,911K Repayments, maturities andcalls of investment...$102,589K Repayments, maturities andcalls of investment...$13,457K Net decrease inloans-$1,356K Sales of other realestate owned$189K Net cash (used in)provided by investing...-$51,636K Canceled cashflow$291,502K Purchases of stock offederal home loan bank of...$188,000K Purchases of investmentsecurities...$154,253K Investment in premises andequipment$885K