WSFS Financial Corp (WSFS.OQ)

Tue, Feb 27 2018

BRIEF-WSFS Financial Reaches Settlement With Universitas Education

* WSFS FINANCIAL CORP - ‍WSFS SETTLED CASE FOR $12.0 MILLION TO AVOID UNCERTAINTIES OF ARBITRATION AND TO END EXPENSE OF ONGOING LITIGATION

BRIEF-Wsfs Financial Q4 Loss Per Share $0.02

* WSFS REPORTS 4Q 2017 AND FULL YEAR 2017 RESULTS; 11% INCREASE IN NET REVENUE OVER 4Q 2016 DRIVEN BY OVER 10% ORGANIC GROWTH IN LOANS, DEPOSITS AND FEE INCOME, AND CONTINUED IMPROVEMENTS IN NET INTEREST MARGIN; RESULTS IMPACTED BY ACTIONS RELATED TO RECENT

BRIEF-WSFS Announces Actions Related To The Tax Cuts And Jobs Act Of 2017

* WSFS ANNOUNCES ACTIONS RELATED TO THE TAX CUTS AND JOBS ACT OF 2017, AND OTHER YEAR-END NOTEWORTHY ITEMS

BRIEF-WSFS and SoFi Strike Agreement on New Cash Management Account

* WSFS AND SOFI STRIKE AGREEMENT ON NEW CASH MANAGEMENT ACCOUNT

BRIEF-WSFS Financial reports Q3 core earnings per share $0.64

* WSFS reports 3Q 2017 EPS of $0.64 and ROA of 1.20 pct; net revenue improves 16 pct over 3Q 2016, driven by strong growth across loans, deposits, net interest margin and fee income; quarterly cash dividend increases 29 pct to $0.09 per share

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