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WSFS Financial (WSFS Financial) Pretax Margin % : 35.00% (As of Dec. 2023)


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What is WSFS Financial Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. WSFS Financial's Pre-Tax Income for the three months ended in Dec. 2023 was $93 Mil. WSFS Financial's Revenue for the three months ended in Dec. 2023 was $265 Mil. Therefore, WSFS Financial's pretax margin for the quarter that ended in Dec. 2023 was 35.00%.

The historical rank and industry rank for WSFS Financial's Pretax Margin % or its related term are showing as below:

WSFS' s Pretax Margin % Range Over the Past 10 Years
Min: 21.96   Med: 32.57   Max: 57.77
Current: 36.01


WSFS's Pretax Margin % is ranked better than
56.58% of 1458 companies
in the Banks industry
Industry Median: 32.765 vs WSFS: 36.01

WSFS Financial Pretax Margin % Historical Data

The historical data trend for WSFS Financial's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

WSFS Financial Pretax Margin % Chart

WSFS Financial Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.70 21.96 57.77 32.57 35.99

WSFS Financial Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.46 34.03 36.92 38.06 35.00

Competitive Comparison of WSFS Financial's Pretax Margin %

For the Banks - Regional subindustry, WSFS Financial's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


WSFS Financial's Pretax Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WSFS Financial's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where WSFS Financial's Pretax Margin % falls into.



WSFS Financial Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

WSFS Financial's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=365.27/1014.974
=35.99 %

WSFS Financial's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=92.87/265.332
=35.00 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


WSFS Financial  (NAS:WSFS) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


WSFS Financial Pretax Margin % Related Terms

Thank you for viewing the detailed overview of WSFS Financial's Pretax Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


WSFS Financial (WSFS Financial) Business Description

Traded in Other Exchanges
Address
500 Delaware Avenue, Wilmington, DE, USA, 19801
WSFS Financial Corp is a savings and loan holding company. The company operates in three segments: WSFS Bank provides loans and leases and other financial products to commercial and consumer customers. Cash Connect segment provides ATM vault cash, smart safe, and other cash logistics services; and Wealth Management provides a broad array of planning and advisor services, investment management, personal and institutional trust services, and credit and deposit products to individuals, corporate, and institutional clients.
Executives
Patrick Joseph Ward officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael J Donahue director
Christine Elizabeth Davis officer: EVP, Chief Risk Officer WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Shari Kruzinski officer: EVP, Chief Customer Officer WSFS BANK CENTER, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Rodger Levenson officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Francis J Leto director 501 WILLIAMSON RD, GLADWYNE PA 19035
Richard Wright officer: Executive Vice President
Nancy J Foster director C/O CIT GROUP, 505 FIFTH AVENUE, NEW YORK NY 10017
Lynn Mckee director
Diego F. Calderin director 971 FREDERICK DRIVE, WEST CHESTER PA 19380
Peggy H Eddens officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Stephen P Clark officer: EVP C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Mark A Turner director C/O WSFS FINANCIAL CORP, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Paul S Greenplate officer: EVP C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Michael Conklin officer: EVP, Chief Human Resources Off 500 DELAWARE AVENUE, WSFS FINANCIAL CORPORATION & BANK CENTER, WILMINGTON DE 19801

WSFS Financial (WSFS Financial) Headlines

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