
WSFS Bank stock price has been a topic of interest for many investors, and for good reason. WSFS Bank stock price has experienced a significant increase in recent years, making it a great option for those looking to diversify their portfolio.
According to analyst opinions, WSFS Bank is expected to continue its growth trajectory in the coming years. This is due in part to the bank's strong financial performance and its commitment to innovation.
WSFS Bank's stock price has been influenced by various factors, including its acquisition of Beneficial Bank in 2019. This acquisition has expanded WSFS Bank's reach and improved its market position.
Analysts are optimistic about WSFS Bank's future prospects, with many recommending a "buy" rating for the stock.
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Financial Performance
WSFS Bank stock has seen significant growth over the years, with a 5 Year Change of 35.15%. This is impressive, especially considering the bank's humble beginnings.
The current share price is $54.79, which is a 2.62% increase from last month. This is a promising sign for investors.
WSFS Financial Corporation's performance can be measured by its revenue growth, which has been 5.2% year-over-year. This indicates a steady increase in the bank's revenue.
However, the bank's earnings growth has been struggling, with a year-over-year decline of 11.3%. This might be a cause for concern for some investors.
The bank's profit margin is a healthy 27.1%, which suggests that it's able to maintain a good balance between revenue and expenses.
Here's a summary of WSFS Financial Corporation's performance over the past year:
Overall, WSFS Bank stock has shown impressive growth, but its earnings growth has been a concern. As with any investment, it's essential to do your own research and consider multiple factors before making a decision.
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Risk Analysis
Significant insider selling over the past 3 months is a red flag for investors, as it can indicate a loss of confidence in the company's future prospects. This type of selling can be a precursor to a decline in the stock price.
Insider selling can be a self-fulfilling prophecy, where the selling pressure from insiders contributes to a decrease in investor confidence, leading to a further decline in the stock price.
Competitors and Industry
WSFS Bank's stock price is compared to its peers and industry in various ways. WSFS's Price-To-Earnings Ratio (PE) is 12.3x, which is good value compared to the peer average of 14.2x.
The peer average is calculated from companies like First Interstate BancSystem, Independent Bank, and First Hawaiian, which have PE ratios ranging from 11.8x to 15.3x. WSFS's PE ratio is also lower than that of First Republic Bank, BankGuam Holding, and Caribbean Investment Holdings, which have PE ratios of 0.02x, 1x, and 0.00001x respectively.
Here's a brief comparison of WSFS's PE ratio to its peers:
Wsfs Financial Corporation Competitors
WSFS Financial's peers include First Interstate BancSystem, Independent Bank, First Financial Bancorp, and First Hawaiian, among others.
The forward PE ratio for WSFS is 12.3x, which is lower than the peer average of 14.2x.
The estimated growth for WSFS is 0.6%, which is lower than First Interstate BancSystem's 10.3% and Independent Bank's 34.5%.
First Financial Bancorp has a lower forward PE ratio of 11.8x, while First Hawaiian has a higher forward PE ratio of 15.3x.
Here's a comparison of the forward PE ratios for WSFS and its peers:
Ratio vs Industry
WSFS's Price to Earnings Ratio is a key metric to consider when evaluating its performance. The company's PE Ratio is 12.3x, which is a good value compared to the US Banks industry average of 12.3x.
To put this into perspective, let's take a look at some of WSFS's peers. Here's a comparison of their Price to Earnings Ratios:
WSFS's PE Ratio is lower than most of its peers, which suggests that it may be a good value compared to them.
Frequently Asked Questions
How big are the assets of WSFS?
As of September 30, 2024, WSFS Financial Corporation's assets total $20.9 billion. WSFS also manages and administers $87.2 billion in assets.
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