WSFS Financial Publishes Q3 2026 Earnings Call Transcript
- WSFS' Oct. 23, 2026, third-quarter earnings call featured Chairman and CEO Rodger Levenson and CFO David Burg.
- Core earnings per share rose 25% year over year to $1.75; net interest margin expanded 1 basis point sequentially to 3.88%.
- Burg expects normalized deposit betas of 45%-50%; each 25-basis-point rate increase could lift net interest margin about 2 basis points.
- Management slowed share repurchases as interest rates rose, returning about 80% of quarterly net income versus approximately 100% previously.
- Wealth and Trust revenue grew 30% year over year; Burg targets sustained double-digit growth but does not expect that pace to persist.
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