WSFS Financial Corporation (NASDAQ:WSFS) was founded in 1832 and is the seventh oldest bank that has continuously operated under the same name in the United States. The bank is headquartered out of Delaware and also operates in Pennsylvania and Virginia. When last reported the bank managed $4.4 billion in assets and had $3 billion in deposits; it currently has a market cap of $533 million.
The bank has been making some very positive strides towards cleaning up its balance sheet and buying back TARP shares, but there still remains a lot of work to do. Shares are up 42.7% YTD and trade at a 60% premium to their tangible common book value of $37.35. At this point, bank...
|FREE||SA PRO MEMBERS|
|IDEA GENERATOR||X||Exclusive access to 10 PRO ideas every day|
|INVESTING IDEAS LIBRARY||X||Exclusive access to PRO library of more than 15,000 ideas|
|SECTOR EXPERT NETWORK||X||Exclusive access to all sector experts for direct consultation|
|PERFORMANCE TRACKING||X||Track performance of all PRO stock ideas|
|PROFESSIONAL TOOLS||X||Professional Idea Filters to zero-in based on industry, market cap and more|