Revenue Update on WSFS Financial Corporation(NASDAQ:WSFS)

WSFS Financial Corporation(NASDAQ:WSFS) announced the earnings results for Fiscal Year 2016 and Q2. The results came in during After-hours on Jul 28, 2016. Company reported revenue of $46.41M. Analysts estimated a revenue of $46.64M. Earnings per share were $0.58. Analysts had estimated an EPS of $0.55.

WSFS Financial Corporation (WSFS) made into the market gainers list on Thursdays trading session with the shares advancing 0.37% or 0.13 points. Due to strong positive momentum, the stock ended at $34.92, which is also near the day’s high of $35.1. The stock began the session at $34.9 and the volume stood at 72,634 shares. The 52-week high of the shares is $37.1 and the 52 week low is $26.26. The company has a current market capitalization of $1,032 M and it has 2,95,49,000 shares in outstanding.

Several Insider Transactions has been reported to the SEC. On Jun 14, 2016, Richard Wright (EVP) sold 4,597 shares at $36.28 per share price.Also, On Jun 10, 2016, Peggy H Eddens (EVP) purchased 400 shares at $35.97 per share price.On May 24, 2016, Paul D Geraghty (EVP) sold 15,348 shares at $34.42 per share price, according to the Form-4 filing with the securities and exchange commission.

WSFS Financial Corporation is a financial services company. The Company’s subsidiary is Wilmington Savings Fund Society FSB (WSFS Bank or the Bank) which is the bank and trust company in the United States. The Company operates in three segments: WSFS Bank Cash Connect and Trust and Wealth Management. The WSFS Bank segment provides loans and other financial products to commercial and retail customers. Cash Connect provides turnkey ATM services through strategic partnerships with several of the network manufacturers and service providers in the ATM industry. The Trust and Wealth Management segment provides an array of fiduciary investment management credit and deposit products to clients. It also offers variety of consumer loan products retail securities and insurance brokerage services through its retail branches and mortgage and title services through those branches and through Pennsylvania-based Array Financial Group Inc. and Arrow Land Transfer Company.

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