WSFS FINANCIAL CORP Earnings Per Share Disclosure
| (Dollars and shares in thousands, except per share data) | 2025 | 2024 | 2023 | ||||||||||||||
| Numerator: | |||||||||||||||||
| Net income attributable to WSFS | $ | 287,349 | $ | 263,671 | $ | 269,156 | |||||||||||
| Denominator: | |||||||||||||||||
| Weighted average basic shares | 56,276 | 59,547 | 61,108 | ||||||||||||||
| Dilutive potential common shares | 195 | 192 | 113 | ||||||||||||||
| Weighted average fully diluted shares | 56,471 | 59,739 | 61,221 | ||||||||||||||
| Earnings per share: | |||||||||||||||||
| Basic | $ | 5.11 | $ | 4.43 | $ | 4.40 | |||||||||||
| Diluted | $ | 5.09 | $ | 4.41 | $ | 4.40 | |||||||||||
| Outstanding common stock equivalents having no dilutive effect | 1 | 2 | 14 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Mar 2, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 29, 2024 | |
| 2022 | Feb 28, 2023 | |
| 2021 | Mar 1, 2022 | |
| 2020 | Mar 1, 2021 | |
| 2019 | Mar 2, 2020 | |
| 2018 | Feb 28, 2019 | |
| 2017 | Mar 1, 2018 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.