Regional Consumers’ Spending and Saving Habits Remain Flexible in Challenging Economy, WSFS Bank’s Annual Money Trends Survey Finds
WSFS Financial Corporation (WSFS)
Last wsfs financial corporation earnings: 4/27 04:30 pm
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Source: Business Wire
While inflation and rising interest rates have begun to subside, many regional consumers are still feeling the crunch WILMINGTON, Del.--(BUSINESS WIRE)--Thirty-eight percent of regional residents are spending more money now compared to last year, while only 28% are saving more, according to a Money Trends survey from WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS).Economic pressures remained, with the rise in costs and inflation noted as the top driver of increased spending (69%) among those who said their spending has increased. While the economy remained challenging, many consumers were able to adapt their spending and saving techniques to put themselves on more solid financial footing.The annual survey, which polled 1,000 respondents in the Greater Philadelphia and Delaware region, gauged spending and saving trends and the impact of the current economy among adults ages 18-55.Inflation Cools, But Economic Headwinds RemainRising costs and inflation
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WSFS
News
- Bryn Mawr Trust Continues Adding Advisory Business Talent to Meet Growth DemandsBusiness Wire
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- WSFS Financial Corporation (NASDAQ:WSFS) Passed Our Checks, And It's About To Pay A US$0.15 Dividend [Yahoo! Finance]Yahoo! Finance
- WSFS CARES Foundation Supports Community Organizations with $105K in Third Quarter GrantsBusiness Wire
- WSFS Financial Co. (NASDAQ: WSFS) had its "market perform" rating re-affirmed by analysts at Keefe, Bruyette & Woods. They now have a $54.00 price target on the stock, down previously from $58.00.MarketBeat
WSFS
Earnings
- 10/24/24 - In-Line
WSFS
Sec Filings
- 11/8/24 - Form 4
- 11/6/24 - Form 10-Q
- 10/28/24 - Form 8-K
- WSFS's page on the SEC website