WILMINGTON, Del. (AP) — WILMINGTON, Del. (AP) — WSFS Financial Corp. (WSFS) on Thursday reported first-quarter net income of $86.8 million.
On a per-share basis, the Wilmington, Delaware-based company said it had profit of $1.64. Earnings, adjusted for non-recurring gains, were $1.45 per share.
The results fell short of Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.48 per share.
The bank holding company posted revenue of $339.3 million in the period. Its adjusted revenue was $275.3 million.
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