WSFS FINANCIAL Business Summary

WSFS Financial Corp (WSFS) operates as a diversified financial services holding company, generating revenue through a dual-stream model of net interest income from its lending portfolios and a robust fee-based services engine. The company’s operations are organized into three primary business segments: WSFS Bank, which provides commercial and consumer banking, mortgage, and equipment financing; Wealth Management, offering fiduciary, investment, and trust services; and Cash Connect, a premier provider of ATM vault cash and cash logistics services. As of early 2026, WSFS manages approximately $21.3 billion in assets and $97.4 billion in assets under management and administration. It competes directly with regional peers such as Fulton Financial Corporation, Ameris Bancorp, and Webster Financial. WSFS maintains a dominant market position as the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region, leveraging its dense Mid-Atlantic footprint to capture high-value commercial and recurring fee revenue. Originally founded in 1832 as the Wilmington Savings Fund Society, the company is currently led by Chairman, President, and CEO Rodger Levenson, a veteran executive who joined WSFS in 2006 and previously held leadership roles at CoreStates Financial (now Wells Fargo). The executive team includes Executive Vice President and CFO David Burg, who joined in 2024 following a 17-year tenure at Citigroup, and COO Arthur J. Bacci, who oversees operational strategy. Other key leaders include Chief Wealth Officer Jamie Hopkins and Chief Risk Officer Christine Davis. The company’s governance is supported by a high-pedigree Board of Directors, recently bolstered by the 2025 appointment of Michelle Hong, a former Northern Trust founding partner. WSFS is characterized by high institutional ownership, with major stakes held by BlackRock, Vanguard Group, and State Street Corporation, reflecting strong market confidence in its 2025-2027 strategic growth plan.