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WSFS (WSFS Financial) Return-on-Tangible-Equity : 16.03% (As of Mar. 2025)


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What is WSFS Financial Return-on-Tangible-Equity?

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. WSFS Financial's annualized net income for the quarter that ended in Mar. 2025 was $264 Mil. WSFS Financial's average shareholder tangible equity for the quarter that ended in Mar. 2025 was $1,645 Mil. Therefore, WSFS Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 was 16.03%.

The historical rank and industry rank for WSFS Financial's Return-on-Tangible-Equity or its related term are showing as below:

WSFS' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 9.12   Med: 16.34   Max: 23.02
Current: 16.61

During the past 13 years, WSFS Financial's highest Return-on-Tangible-Equity was 23.02%. The lowest was 9.12%. And the median was 16.34%.

WSFS's Return-on-Tangible-Equity is ranked better than
81.17% of 1577 companies
in the Banks industry
Industry Median: 10.22 vs WSFS: 16.61

WSFS Financial Return-on-Tangible-Equity Historical Data

The historical data trend for WSFS Financial's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

WSFS Financial Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.12 20.67 17.21 20.19 17.15

WSFS Financial Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Return-on-Tangible-Equity 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 17.86 18.68 16.21 15.62 16.03

Competitive Comparison of WSFS Financial's Return-on-Tangible-Equity

For the Banks - Regional subindustry, WSFS Financial's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Distribution in the Banks Industry

For the Banks industry and Financial Services sector, WSFS Financial's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where WSFS Financial's Return-on-Tangible-Equity falls into.


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WSFS Financial Return-on-Tangible-Equity Calculation

WSFS Financial's annualized Return-on-Tangible-Equity for the fiscal year that ended in Dec. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Dec. 2024 )  (A: Dec. 2023 )(A: Dec. 2024 )
=263.671/( (1473.076+1601.591 )/ 2 )
=263.671/1537.3335
=17.15 %

WSFS Financial's annualized Return-on-Tangible-Equity for the quarter that ended in Mar. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Mar. 2025 )  (Q: Dec. 2024 )(Q: Mar. 2025 )
=263.584/( (1601.591+1687.732)/ 2 )
=263.584/1644.6615
=16.03 %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2025) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.


WSFS Financial  (NAS:WSFS) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


WSFS Financial Return-on-Tangible-Equity Related Terms

Thank you for viewing the detailed overview of WSFS Financial's Return-on-Tangible-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.


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. Majority revenue is generated from WSFS Bank segment.
Executives
Rodger Levenson officer: Executive Vice President C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
Arthur J Bacci officer: Executive Vice President
Stephen P Clark officer: EVP C/O WSFS FINANCIAL CORPORATION, 500 DELAWARE AVENUE, WILMINGTON DE 19801
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
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
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