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Stock impact report

WSFS Financial Corp's Baa2 Issuer Rating with a Stable Outlook Affirmed by Moody's, Reflects Strong Capital, Liquidity, Credit, and Diversified Business Model [Yahoo! Finance]

WSFS Financial Corporation (WSFS) 
Last wsfs financial corporation earnings: 4/27 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.wsfsbank.com/investor-relations
Company Research Source: Yahoo! Finance
Company") with an issuer rating of Baa2 and a Stable Outlook. Long-and short-term deposits of A2/Prime-1, together with a standalone Baseline Credit Assessment of Baa1. Moody's has also assigned Counterparty Risk Assessment of A3(cr)/Prime-2(cr) and Counterparty Risk Ratings (local and foreign currency) of Baa1/Prime-2. Moody's debt ratings for WSFS can be accessed here "We believe this continued strong and stable rating recognizes our diversified business model that includes disciplined loan concentration limits and sound underwriting. We have maintained strong capital levels, earnings, liquidity, and asset quality," said WSFS' Executive Vice President and Interim Chief Financial Officer, Arthur Bacci. About WSFS Financial Corporation WSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and trust company in the Greater Philadelphia and Delaware region. As of March Show less Read more
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