I'm sure you've heard about the worries around private credit. They really hit the wall when Blue Owl Capital, a major private lender, put redemption limits on one of its funds earlier this year.
Assenagon Asset Management S.A. acquired a new stake in WSFS Financial Corporation (NASDAQ: WSFS) in the undefined quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 18,034 shares of the bank's stock, valued at approximately $1,384,000. A number of other institutional investors
Bank of America Corp DE raised its stake in shares of WSFS Financial Corporation (NASDAQ: WSFS) by 11.4% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 737,587 shares of the bank's stock after acquiring an additional 75,283 shares
WSFS, PFS and SMBC within the Zacks Savings and Loan Industry will gain from improving loan demand. Digital upgrades will also improve operating efficiency.
Here's an alert for income investors with a quick deadline. Seven small-bank dividend stocks all share the same imminent ex-dividend date: Friday, August 7.
WILMINGTON, Del.--(BUSINESS WIRE)--Morningstar DBRS confirmed its credit ratings of WSFS Financial Corporation (NASDAQ: WSFS) (“WSFS” or “the Company”) with a Long-Term Issuer Rating of "A (low)" and “A” to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is “a,” while its Support Assessment is SA1. The Company's Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank's IA. Morningstar DBRS' debt ratings.
Regional consumers are rewriting their financial playbooks. Rather than simply reacting to economic headwinds, households are showing increasing levels of finan
WILMINGTON, Del.--(BUSINESS WIRE)--Regional consumers are rewriting their financial playbooks. Rather than simply reacting to economic headwinds, households are showing increasing levels of financial mindfulness, and are evaluating how they spend, borrow, and save. According to the annual Money Trends survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), this behavioral shift is underscored by the fact that 39% of respondents report spending less overall th.