Company Profile
- WSFS Financial Corporation (NASDAQ: WSFS or “the company”) is the BHC for subsidiary, Wilmington Savings Fund Society, FSB (“the bank”), which was founded in 1832 and is one of the oldest banks operating in the U.S. The bank operates 88 branches in the Philadelphia/Wilmington MSA, in which it reflects the leading deposit market share among local banks.
- WSFS has pursued an acquisitive growth strategy in recent years, completing two sizable mergers in 2019 and 2022 that effectively tripled the bank’s size and enhanced its market positioning between national/regional institutions and smaller community banks in footprint. The most recent acquisition of Bryn Mawr Bank Corporation (“BMTC”) also significantly expanded WSFS’ wealth and trust platform. Looking ahead,…