TD Cowen has initiated coverage on WSFS Financial Corp (WSFS) with a Buy rating, reflecting the firm's assessment of the company's investment potential. This marks the first rating issued for WSFS by TD Cowen, underscoring the firm's confidence in the bank's fundamentals and growth prospects.
Headquartered in Wilmington, Delaware, WSFS Financial Corp operates as a savings and loan holding company, providing a range of banking and financial services. The company employs 2,375 full-time staff and operates through its subsidiary, Wilmington Savings Fund Society, FSB. Its segments include WSFS Bank, which offers loans, deposits, and various financial products; Cash Connect, which provides ATM vault cash and cash logistics services; and Wealth Management, which delivers planning, advisory, and investment management services.
As of September 24, 2025, WSFS shares are priced at $56.08. The company boasts a market capitalization of $2.9 billion, a P/E ratio of 10.56, and an EPS of 4.85, with an impressive dividend yield of 128.4%. Upcoming earnings reports are anticipated on April 22, 2026, with an estimated EPS of $1.21 and revenue of $178.7 million, followed by another report on July 22, 2026, projecting an EPS of $1.29 and revenue of $182.1 million.
Analyst ratings, such as this new Buy designation, are based on research and financial models. They offer valuable insights but should be considered alongside other factors, including company fundamentals and industry trends. Notably, WSFS currently holds a consensus rating of Buy among analysts, with a total of 10 ratings: 3 Strong Buy, 4 Buy, and 3 Hold, as of November 1, 2025. The recent initiation by TD Cowen adds to a positive outlook, as DA Davidson maintained a Buy rating on July 28, 2025.
This update provides insight into WSFS Financial Corp's positioning in the banking sector and reflects the firm's potential for growth amid a competitive landscape.