WSFS Financial Corporation (WSFS) Q3 2024 Earnings Call Transcript Summary
WSFS Financial Corporation (WSFS) Q3 2024 Earnings Call Transcript Summary
Core fee revenue increased 5% linked quarter and 23% year-over-year.The following is a summary of the WSFS Financial Corporation (WSFS) Q3 2024 Earnings Call Transcript:
以下是wsfs金融公司（WSFS）2024年第三季度業績會實錄摘要：
Financial Performance:
金融業績：
WSFS reported a core EPS of $1.08 per share, core ROA of 1.22%, and core return on tangible common equity of 16.96%.
Growth in loans and deposits at annualized rates of 5% and 3% respectively.
Core fee revenue increased 5% linked quarter and 23% year-over-year.
Net interest income grew 2% linked quarter and net interest margin was 3.78%.
Total net credit costs were $20.1 million, with net charge-offs increasing by 14 basis points quarter-over-quarter.
WSFS報告每股核心收益爲1.08美元，核心資產回報率爲1.22％，核心有形股東權益回報率爲16.96％。
貸款和存入資金增長率分別爲5％和3％的年化率。
核心手續費收入環比增長5％，同比增長23％。
淨利息收益增長了2％，淨利息收益率爲3.78％。
總淨信貸費用爲2010萬美元，淨覈銷額按季度增加了14個點子。
Business Progress:
業務進展：
Completion of the trust accounting system conversion and rollout of an upgraded client account portal as part of the Bryn Mawr Trust integration plan.
Achieved 2024 origination goal with Spring EQ, with no new originations expected in Q4.
完成了信託會計系統轉換，並作爲Bryn Mawr Trust整合計劃的一部分推出了升級的客戶帳戶門戶。
通過與Spring EQ實現2024年的創始目標，預計第四季度不會有新的創始。
Opportunities:
機會：
Continued growth in diverse business segments like Core Banking and Cash Connect, highlighting a successful market share capture.
Potential strategic advantages from market disturbances among competitors, aiming for further market share gains.
不斷增長的核心銀行業務和現金連接等多樣化業務領域，突顯了市場份額的成功佔領。
從市場擾動中可能獲得競爭對手的戰略優勢，力爭進一步獲得市場份額。
Risks:
風險：
Potential volatility in net interest margin due to future rate cuts and changes in deposit pricing, impacting financial performance.
由於未來利率下調和存款定價變化可能導致淨利息收益率波動，從而影響財務表現。
Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.
提示：如需更全面的詳情，請參閱投資人關係網站。本文僅供投資者參考，不作任何指引或建議。
譯文內容由第三人軟體翻譯。
