WSFS WSFS Financial

WSFS Financial Corporation is a multi-billion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally managed bank and trust company headquartered in Delaware and the Greater Philadelphia region. As of December 31, 2020, WSFS Financial Corporation had $14.3 billion in assets on its balance sheet and $24.2 billion in assets under management and administration. WSFS operates from 112 offices, 89 of which are banking offices, located in Pennsylvania (52), Delaware (42), New Jersey (16), Virginia (1) and Nevada (1) and provides comprehensive financial services including commercial banking, retail banking, cash management and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Cash Connect®, Cypress Capital Management, LLC, Christiana Trust Company of Delaware®, NewLane Finance®, Powdermill® Financial Solutions, West Capital Management®, WSFS Institutional Services®, WSFS Mortgage®, and WSFS Wealth® Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name.

Company profile

Mark Turner
Fiscal year end
Industry (SIC)
IRS number

WSFS stock data



7 May 21
21 Jun 21
31 Dec 21
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Mar 21 Dec 20 Sep 20 Jun 20
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Financial data from company earnings reports.

Date Owner Security Transaction Code Indirect 10b5-1 $Price #Shares $Value #Remaining
8 Jun 21 Mark A Turner Common Stock Sell Dispose S No No 54.6415 13,340 728.92K 10,000
2 Jun 21 Wright Richard Common Stock Sell Dispose S No No 53.5137 3,064 163.97K 43,477
27 May 21 Mark A Turner Common Stock Sell Dispose S No No 52.8205 24,336 1.29M 23,340
25 May 21 Patrick Joseph Ward Common Stock Gift Dispose G No No 0 477 0 131,651
18 May 21 Mark A Turner Common Stock Sell Dispose S No No 52.9541 6,471 342.67K 14,742
17 May 21 Mark A Turner Common Stock Sell Dispose S No No 53.5857 22,441 1.2M 21,213

Data for the last complete 13F reporting period. To see the most recent changes to ownership, click the ownership history button above.

89.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 185 165 +12.1%
Opened positions 44 28 +57.1%
Closed positions 24 15 +60.0%
Increased positions 48 54 -11.1%
Reduced positions 69 63 +9.5%
13F shares
Current Prev Q Change
Total value 5.68B 1.88B +202.8%
Total shares 42.74M 41.78M +2.3%
Total puts 6.8K 11K -38.2%
Total calls 10.5K 10.1K +4.0%
Total put/call ratio 0.6 1.1 -40.5%
Largest owners
Shares Value Change
BLK Blackrock 7.01M $348.97M +86.2%
Vanguard 4.99M $248.6M +13.2%
TROW T. Rowe Price 3.6M $179.06M +0.5%
Dimensional Fund Advisors 2.75M $136.76M -6.5%
STT State Street 2.07M $103.23M +64.5%
MCQEF Macquarie 1.59M $79.07M -5.7%
JHG Janus Henderson 1.47M $73.07M -7.1%
IVZ Invesco 1.34M $66.51M +2.6%
Alliancebernstein 1.14M $56.79M +14.4%
Nuveen Asset Management 869.86K $43.31M -22.4%
Largest transactions
Shares Bought/sold Change
BLK Blackrock 7.01M +3.24M +86.2%
STT State Street 2.07M +812.76K +64.5%
Vanguard 4.99M +583.69K +13.2%
Cooke & Bieler 581.79K +581.79K NEW
Norges Bank 0 -520.82K EXIT
JPM JPMorgan Chase & Co. 797.8K +512.37K +179.5%
Rothschild & Co Asset Management Us 215.03K -491.47K -69.6%
Jennison Associates 545.41K -465.76K -46.1%
Renaissance Technologies 867.36K -375.37K -30.2%
Kennedy Capital Management 71.57K -370.94K -83.8%

Financial report summary

  • Failure of the Merger to be completed, the termination of the Merger Agreement or a significant delay in the consummation of the Merger could negatively impact the Company and Bryn Mawr.
  • Combining the Company's and Bryn Mawr's businesses may be more difficult, costly or time consuming than expected and the anticipated benefits and cost savings of the Merger may not be fully realized.
  • The Company expects to incur substantial expenses related to the Merger.
  • Regulatory approvals may not be received, may take longer than expected or may impose conditions that are not presently anticipated or cannot be met.
  • WSFS will be subject to business uncertainties and contractual restrictions while the Merger is pending.
Management Discussion
  • WSFS Financial Corporation (the Company or WSFS) is a savings and loan holding company headquartered in Wilmington, Delaware. Substantially all of our assets are held by our subsidiary, Wilmington Savings Fund Society, FSB (WSFS Bank or the Bank), one of the ten oldest bank and trust companies in the United States (U.S.) continuously operating under the same name. With $14.7 billion in assets and $24.7 billion in assets under management (AUM) and assets under administration (AUA) at March 31, 2021, WSFS Bank is the oldest and largest locally-managed bank and trust company headquartered in the Delaware and Greater Philadelphia region. As a federal savings bank that was formerly chartered as a state mutual savings bank, WSFS Bank enjoys a broader scope of permissible activities than most other financial institutions. A fixture in the community, we have been in operation for more than 189 years. In addition to our focus on stellar customer experience, we have continued to fuel growth and remain a leader in our community. We are a relationship-focused, locally-managed, community banking institution. Our mission is simple: “We Stand for Service.” Our strategy of “Engaged Associates, living our culture, making a better life for all we serve” focuses on exceeding customer expectations, delivering stellar experiences and building customer advocacy through highly-trained, relationship-oriented, friendly, knowledgeable and empowered Associates.
  • We have six consolidated subsidiaries: WSFS Bank, WSFS Wealth Management, LLC (Powdermill®), WSFS Capital Management, LLC (West Capital), Cypress Capital Management, LLC (Cypress), Christiana Trust Company of Delaware® (Christiana Trust DE) and WSFS SPE Services, LLC. We also have one unconsolidated subsidiary, WSFS Capital Trust III. WSFS Bank has three wholly owned subsidiaries: Beneficial Equipment Finance Corporation (BEFC), WSFS Investment Group, Inc. (WSFS Wealth® Investments), and 1832 Holdings, Inc., and one majority-owned subsidiary, NewLane Finance Company (NewLane Finance®).
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