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WSFS: 2Q Earnings Snapshot

July 22, 2019

WILMINGTON, Del. (AP) _ WSFS Financial Corp. (WSFS) on Monday reported second-quarter net income of $36.2 million.

On a per-share basis, the Wilmington, Delaware-based company said it had profit of 68 cents. Earnings, adjusted for one-time gains and costs, were 88 cents per share.

The bank holding company posted revenue of $185.8 million in the period. Its adjusted revenue was $166.1 million, surpassing Street forecasts. Three analysts surveyed by Zacks expected $157.5 million.

WSFS shares have climbed slightly more than 3% since the beginning of the year. In the final minutes of trading on Monday, shares hit $39.21, a decrease of 28% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on WSFS at https://www.zacks.com/ap/WSFS

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