WSFS Reports 8% EPS Increase to $1.15
WILMINGTON, Del., April 26 /PRNewswire-FirstCall/ -- WSFS Financial
Corporation (Nasdaq: WSFS), the parent company of Wilmington Savings Fund
Society, FSB, reported quarterly net income of $7.8 million, or $1.15 per
diluted share, an 8% increase over the first quarter of 2006 on a per share
basis.
Highlights for the quarter include:
-- Net interest margin increased 0.19% from the fourth quarter of 2006 to
3.25%
-- Customer deposits were up 7% or $97.5 million from the fourth quarter
of 2006 or 29% on an annualized basis
-- Noninterest income grew 19%, or $1.7 million over the first quarter of
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