WSFS Historical Income Statement

WSFS Stock  USD 59.83  0.19  0.32%   
Historical analysis of WSFS Financial income statement accounts such as Interest Expense of 264 M, Other Operating Expenses of 447 M, Operating Income of 383.3 M or Ebitda of 124.5 K can show how well WSFS Financial performed in making a profits. Evaluating WSFS Financial income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of WSFS Financial's future profits or losses.
 
Oil Shock
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining WSFS Financial latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether WSFS Financial is a good buy for the upcoming year.
  
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSFS Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy WSFS Stock please use our How to Invest in WSFS Financial guide.

About WSFS Income Statement Analysis

WSFS Financial Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to WSFS Financial shareholders. The income statement also shows WSFS investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

WSFS Financial Income Statement Chart

At this time, WSFS Financial's Selling And Marketing Expenses is comparatively stable compared to the past year. Total Revenue is likely to gain to about 973.2 M in 2024, whereas EBITDA is likely to drop slightly above 124.5 K in 2024.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of WSFS Financial. It is also known as WSFS Financial overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.

Operating Income

Operating Income is the amount of profit realized from WSFS Financial operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of WSFS Financial is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. Earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in WSFS Financial financial statement analysis. It represents the amount of money remaining after all of WSFS Financial operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
Most accounts from WSFS Financial's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into WSFS Financial current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSFS Financial. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in census.
For more information on how to buy WSFS Stock please use our How to Invest in WSFS Financial guide.At this time, WSFS Financial's Selling And Marketing Expenses is comparatively stable compared to the past year. Total Revenue is likely to gain to about 973.2 M in 2024, whereas EBITDA is likely to drop slightly above 124.5 K in 2024.
 2021 2022 2023 2024 (projected)
Operating Income357.5M341.3M365.0M383.3M
Other Operating Expenses261.6M89.9M425.7M447.0M

WSFS Financial income statement Correlations

0.650.69-0.45-0.330.780.710.730.610.730.930.750.880.720.03-0.530.290.270.750.560.630.69-0.930.53
0.650.52-0.060.030.130.560.540.580.70.630.670.680.560.03-0.690.18-0.330.510.330.560.59-0.510.55
0.690.520.30.410.410.990.950.820.940.820.930.910.99-0.35-0.820.430.380.960.860.850.83-0.60.8
-0.45-0.060.30.99-0.640.260.170.260.24-0.20.19-0.030.25-0.45-0.370.14-0.090.150.250.220.140.520.33
-0.330.030.410.99-0.570.380.280.40.38-0.070.320.110.36-0.49-0.50.19-0.060.270.350.350.270.420.47
0.780.130.41-0.64-0.570.410.530.250.340.610.390.570.440.23-0.07-0.010.460.470.410.290.35-0.830.15
0.710.560.990.260.380.410.930.840.940.840.920.911.0-0.36-0.860.450.380.980.850.850.83-0.620.82
0.730.540.950.170.280.530.930.760.90.790.890.90.96-0.1-0.740.260.370.90.90.790.78-0.650.73
0.610.580.820.260.40.250.840.760.930.790.930.870.83-0.47-0.940.440.210.820.710.910.88-0.480.98
0.730.70.940.240.380.340.940.90.930.860.990.950.94-0.33-0.930.40.190.90.790.910.9-0.590.92
0.930.630.82-0.2-0.070.610.840.790.790.860.880.950.84-0.22-0.740.530.40.890.690.810.83-0.840.76
0.750.670.930.190.320.390.920.890.930.990.880.970.93-0.36-0.90.420.20.90.770.930.91-0.620.91
0.880.680.91-0.030.110.570.910.90.870.950.950.970.92-0.25-0.820.410.270.910.760.880.89-0.770.83
0.720.560.990.250.360.441.00.960.830.940.840.930.92-0.3-0.840.40.380.970.870.840.83-0.630.8
0.030.03-0.35-0.45-0.490.23-0.36-0.1-0.47-0.33-0.22-0.36-0.25-0.30.49-0.4-0.07-0.37-0.17-0.43-0.36-0.07-0.49
-0.53-0.69-0.82-0.37-0.5-0.07-0.86-0.74-0.94-0.93-0.74-0.9-0.82-0.840.49-0.53-0.14-0.82-0.69-0.9-0.860.39-0.95
0.290.180.430.140.19-0.010.450.260.440.40.530.420.410.4-0.4-0.530.560.540.350.510.49-0.240.52
0.27-0.330.38-0.09-0.060.460.380.370.210.190.40.20.270.38-0.07-0.140.560.50.530.270.26-0.350.24
0.750.510.960.150.270.470.980.90.820.90.890.90.910.97-0.37-0.820.540.50.850.840.83-0.680.8
0.560.330.860.250.350.410.850.90.710.790.690.770.760.87-0.17-0.690.350.530.850.820.82-0.420.73
0.630.560.850.220.350.290.850.790.910.910.810.930.880.84-0.43-0.90.510.270.840.820.99-0.420.94
0.690.590.830.140.270.350.830.780.880.90.830.910.890.83-0.36-0.860.490.260.830.820.99-0.460.91
-0.93-0.51-0.60.520.42-0.83-0.62-0.65-0.48-0.59-0.84-0.62-0.77-0.63-0.070.39-0.24-0.35-0.68-0.42-0.42-0.46-0.37
0.530.550.80.330.470.150.820.730.980.920.760.910.830.8-0.49-0.950.520.240.80.730.940.91-0.37
Click cells to compare fundamentals

WSFS Financial Account Relationship Matchups

WSFS Financial income statement Accounts

201920202021202220232024 (projected)
Interest Expense76.1M48.5M22.7M40.9M251.4M264.0M
Other Operating Expenses437.8M520.6M261.6M89.9M425.7M447.0M
Operating Income195.3M146.4M357.5M341.3M365.0M383.3M
Ebit195.3M145.0M331.7M300.6M(48.5M)(46.0M)
Ebitda245.1M183.2M369.6M361.2M131K124.5K
Total Operating Expenses(437.8M)(520.6M)(261.6M)89.9M1.0B1.1B
Net Income148.8M114.8M271.4M222.4M269.2M282.6M
Income Tax Expense46.5M31.6M86.1M78.0M96.2M101.1M
Depreciation And Amortization49.8M38.2M37.8M60.5M48.6M51.0M
Selling General Administrative253.1M213.4M244.0M290.0M305.1M320.3M
Selling And Marketing Expenses6.7M5.7M5.4M7.2M11.8M12.4M
Total Revenue633.1M667.0M619.1M923.0M926.9M973.2M
Gross Profit633.1M667.0M619.1M923.0M1.3B1.3B
Income Before Tax194.4M145.0M357.7M300.6M365.3M383.5M
Total Other Income Expense Net(891K)(77.3M)(55.7M)(119.2M)230K241.5K
Net Income Applicable To Common Shares148.8M114.8M271.4M222.4M255.7M268.5M
Minority Interest(891K)(1.5M)(163K)(273K)(258K)(270.9K)
Net Income From Continuing Ops147.9M113.3M271.6M222.6M290.0M304.5M
Tax Provision46.5M31.6M86.1M78.0M94.9M60.5M
Net Interest Income444.9M466.0M433.6M662.9M740.9M437.1M
Interest Income521.1M514.4M456.4M703.8M932.4M498.0M
Reconciled Depreciation49.8M38.2M37.8M60.5M48.0M40.4M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
Explore Investing Ideas  

Additional Tools for WSFS Stock Analysis

When running WSFS Financial's price analysis, check to measure WSFS Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WSFS Financial is operating at the current time. Most of WSFS Financial's value examination focuses on studying past and present price action to predict the probability of WSFS Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WSFS Financial's price. Additionally, you may evaluate how the addition of WSFS Financial to your portfolios can decrease your overall portfolio volatility.