WSFS Financial (WSFS) Reports In-Line Q2 EPS
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WSFS Reports 2Q 2017 EPS of $0.64, a 10% Increase Over 2Q 2016; Net Revenue Improves 20% Over 2Q 2016, Driven by Strong Organic and Acquisition Growth in Loans, Deposits, and Fee Income
July 27, 2017 4:12 PM EDTWILMINGTON, Del., July 27, 2017 (GLOBE NEWSWIRE) -- WSFS Financial Corporation (NASDAQ: WSFS), the parent company of WSFS Bank, reported net income of $20.6 million, or $0.64 per diluted common share for 2Q 2017 compared to net income of $17.5 million, or $0.58 per share for 2Q 2016 and net income of $18.9 million, or $0.59 per share for 1Q 2017.
Net revenues (which includes interest income and noninterest income) were $86.0 million for 2Q 2017, an increase of $14.1 million, or 20% from 2Q 2016. The strong increase in net revenues included balanced growth in both net interest income and noninterest income. Net interest... More
