WSFS News

Latest breaking news and updates for WSFS stock.

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Moody’s Reaffirms WSFS Financial Corp’s Baa2 Issuer Rating with a Stable Outlook; Reflects Diversified Business Model, Strong Capital, and Earnings Strength

WILMINGTON, Del.--(BUSINESS WIRE)--Moody’s Investors Service has reaffirmed their ratings to WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) and WSFS Bank with issuer ratings of...

Are there any sector or macroeconomic factors that could offset the positive impact of the rating reaffirmation on WSFS’s performance? What does the rating say about WSFS’s earnings strength and capital adequacy, and how might that affect analyst earnings forecasts? How could the reaffirmed rating influence the credit spreads on WSFS’s existing bonds and any new issuances?
Ratings
12 days ago
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Morningstar DBRS Assigns “A” Rating to WSFS Bank; WSFS Financial Corporation Receives “A (low)” Rating with Stable Outlook

WILMINGTON, Del.--(BUSINESS WIRE)--Morningstar DBRS assigned first time ratings to WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with a Long-Term Issuer Rating of "A (low)". A...

How does the SA1 support assessment for the bank compare to the SA3 for the corporation in terms of underlying financial health? Could the rating improvement lead to changes in the composition of WSFS’s investor base (e.g., more institutional demand)? What are the implications for WSFS’s dividend policy and payout ratio given the new rating levels?
Ratings
20 days ago
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