{"id":870122,"date":"2025-08-04T13:50:46","date_gmt":"2025-08-04T17:50:46","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/"},"modified":"2025-08-04T13:50:46","modified_gmt":"2025-08-04T17:50:46","slug":"morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/","title":{"rendered":"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook<\/b><\/p>\n<p>WILMINGTON, Del.&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nMorningstar DBRS assigned first time ratings to WSFS Financial Corporation (NASDAQ: WSFS) (\u201cWSFS\u201d or \u201cthe Company\u201d) with a Long-Term Issuer Rating of &#8220;A (low)&#8221;. At the same time, Morningstar DBRS assigned a Long-Term Issuer Rating of \u201cA\u201d to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is \u201cA,\u201d while its Support Assessment is SA1. The Company&#8217;s Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank&#8217;s IA. Morningstar DBRS\u2019 debt ratings for WSFS can be accessed <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fdbrs.morningstar.com%2Fresearch%2F459974%2Fmorningstar-dbrs-assigns-initial-long-term-issuer-ratings-of-a-to-wilmington-savings-fund-society-fsb-and-a-low-to-wsfs-financial-corporation-stable-trends&amp;esheet=54301640&amp;newsitemid=20250801481148&amp;lan=en-US&amp;anchor=here&amp;index=1&amp;md5=4d0ddae1627a8acbb5972f9e3d8ea357\">here<\/a>.<\/p>\n<p>\n\u201cWSFS is pleased to add another strong debt rating of &#8216;A (low)&#8217; from Morningstar DBRS to complement our existing investment-grade ratings from Moody\u2019s and Kroll. This rating provides another validation of our strong balance sheet, capital, and liquidity profile, and will support our continued growth as well as new revenue opportunities within our Wealth and Trust business,\u201d said WSFS\u2019 Executive Vice President and Chief Financial Officer, David Burg.<\/p>\n<p>\nMorningstar DBRS also noted the ratings are supported by WSFS\u2019 well-established presence in its core markets as well as its significant and stable fee revenue base derived from diversified business lines. The balance sheet remains strong, reflecting ample deposit funding, and higher than peer levels of capital.<\/p>\n<p><b>About WSFS Financial Corporation<\/b><\/p>\n<p>\nWSFS Financial Corporation is a multibillion-dollar financial services company. Its primary subsidiary, WSFS Bank, is the oldest and largest locally headquartered bank and wealth management franchise in the Greater Philadelphia and Delaware region. As of June 30, 2025, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $92.4 billion in assets under management and administration. WSFS operates from 115 offices, 88 of which are banking offices, located in Pennsylvania (58), Delaware (39), New Jersey (14), Florida (2), Nevada (1) and Virginia (1) and provides comprehensive financial services including commercial banking, consumer banking, treasury management, and trust and wealth management. Other subsidiaries or divisions include Arrow Land Transfer, Bryn Mawr Trust Advisors, LLC, Bryn Mawr Trust<sup>\u00ae<\/sup>, The Bryn Mawr Trust Company of Delaware, Cash Connect<sup>\u00ae<\/sup>, NewLane Finance<sup>\u00ae<\/sup>, WSFS Wealth Management, LLC, WSFS Institutional Services<sup>\u00ae<\/sup>, WSFS Mortgage<sup>\u00ae<\/sup>, and WSFS Wealth<sup>\u00ae<\/sup> Investments. Serving the Greater Delaware Valley since 1832, WSFS Bank is one of the ten oldest banks in the United States continuously operating under the same name. For more information, please visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.wsfsbank.com&amp;esheet=54301640&amp;newsitemid=20250801481148&amp;lan=en-US&amp;anchor=www.wsfsbank.com&amp;index=2&amp;md5=66d8c313a69faf9547234181da6fbb56\">www.wsfsbank.com<\/a>.<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250801481148r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20250801481148\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20250801481148\/en\/<\/a><\/span><\/p>\n<p><b>Investor Relations Contact:<\/b> Andrew Basile<br \/>\n<br \/>(302) 504-9857<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:abasile@wsfsbank.com\">abasile@wsfsbank.com<br \/>\n<\/a><\/p>\n<p><b>Media Contact:<\/b> Connor Peoples<br \/>\n<br \/>(215) 864-5645<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:cpeoples@wsfsbank.com\">cpeoples@wsfsbank.com<\/a><\/p>\n<p><b>KEYWORDS:<\/b> United States North America Delaware<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Banking Professional Services Finance<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20250801481148\/en\/1674046\/3\/wsfs_fin_corp_logo_800w.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook WILMINGTON, Del.&#8211;(BUSINESS WIRE)&#8211; Morningstar DBRS assigned first time ratings to WSFS Financial Corporation (NASDAQ: WSFS) (\u201cWSFS\u201d or \u201cthe Company\u201d) with a Long-Term Issuer Rating of &#8220;A (low)&#8221;. At the same time, Morningstar DBRS assigned a Long-Term Issuer Rating of \u201cA\u201d to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is \u201cA,\u201d while its Support Assessment is SA1. The Company&#8217;s Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank&#8217;s IA. Morningstar DBRS\u2019 debt ratings for WSFS can be accessed here. \u201cWSFS is pleased to add another strong &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-870122","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook WILMINGTON, Del.&#8211;(BUSINESS WIRE)&#8211; Morningstar DBRS assigned first time ratings to WSFS Financial Corporation (NASDAQ: WSFS) (\u201cWSFS\u201d or \u201cthe Company\u201d) with a Long-Term Issuer Rating of &#8220;A (low)&#8221;. At the same time, Morningstar DBRS assigned a Long-Term Issuer Rating of \u201cA\u201d to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is \u201cA,\u201d while its Support Assessment is SA1. The Company&#8217;s Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank&#8217;s IA. Morningstar DBRS\u2019 debt ratings for WSFS can be accessed here. \u201cWSFS is pleased to add another strong &hellip; Continue reading &quot;Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2025-08-04T17:50:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250801481148r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; 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At the same time, Morningstar DBRS assigned a Long-Term Issuer Rating of \u201cA\u201d to WSFS Bank. The trends on all credit ratings are Stable. The Intrinsic Assessment (IA) for the Bank is \u201cA,\u201d while its Support Assessment is SA1. The Company&#8217;s Support Assessment is SA3, and the Long-Term Issuer Rating is positioned one notch below the Bank&#8217;s IA. Morningstar DBRS\u2019 debt ratings for WSFS can be accessed here. \u201cWSFS is pleased to add another strong &hellip; Continue reading \"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; WSFS Financial Corporation Receives \u201cA (low)\u201d Rating with Stable Outlook\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/","og_site_name":"Market Newsdesk","article_published_time":"2025-08-04T17:50:46+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20250801481148r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/morningstar-dbrs-assigns-a-rating-to-wsfs-bank-wsfs-financial-corporation-receives-a-low-rating-with-stable-outlook\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Morningstar DBRS Assigns \u201cA\u201d Rating to WSFS Bank; 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