Richard Wright - WSFS Financial Chief Retail Banking Officer and Executive VP

WSFS Stock  USD 43.27  1.42  3.39%   

EVP

Mr. Richard M. Wright is Executive Vice President and Chief Retail Banking Officer of WSFS Bank subsidiary of the Company. From 2003 to 2006 Mr. Wright was Executive Vice President, Retail Banking and Marketing for DNB First in Downingtown, PA since 2006.
Age 65
Tenure 18 years
Address 500 Delaware Avenue, Wilmington, DE, United States, 19801
Phone302 792 6000
Webhttps://www.wsfsbank.com
Wright received a Bachelor of Arts in Marketing and Economics from California State University, Fullerton and a Master’s in Business Administration from the University of Southern California.

Richard Wright Latest Insider Activity

Tracking and analyzing the buying and selling activities of Richard Wright against WSFS Financial stock is an integral part of due diligence when investing in WSFS Financial. Richard Wright insider activity provides valuable insight into whether WSFS Financial is net buyers or sellers over its current business cycle. Note, WSFS Financial insiders must abide by specific rules, including filing SEC forms every time they buy or sell WSFS Financial'sshares to prevent insider trading or benefiting illegally from material non-public information that their positions give them access to.

WSFS Financial Management Efficiency

The company has return on total asset (ROA) of 0.0133 % which means that it generated a profit of $0.0133 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.1152 %, meaning that it created $0.1152 on every $100 dollars invested by stockholders. WSFS Financial's management efficiency ratios could be used to measure how well WSFS Financial manages its routine affairs as well as how well it operates its assets and liabilities. Return On Equity is likely to gain to 0.11 in 2024, whereas Return On Tangible Assets are likely to drop 0.01 in 2024. At this time, WSFS Financial's Fixed Asset Turnover is comparatively stable compared to the past year.
The company currently holds 895.08 M in liabilities with Debt to Equity (D/E) ratio of 8.62, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Debt can assist WSFS Financial until it has trouble settling it off, either with new capital or with free cash flow. So, WSFS Financial's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like WSFS Financial sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for WSFS to invest in growth at high rates of return. When we think about WSFS Financial's use of debt, we should always consider it together with cash and equity.

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WSFS Financial Corporation operates as the savings and loan holding company for the Wilmington Savings Fund Society, FSB that provides various banking services in the United States. The company was founded in 1832 and is headquartered in Wilmington, Delaware. WSFS Financial operates under BanksRegional classification in the United States and is traded on NASDAQ Exchange. It employs 2150 people. WSFS Financial (WSFS) is traded on NASDAQ Exchange in USA. It is located in 500 Delaware Avenue, Wilmington, DE, United States, 19801 and employs 2,229 people. WSFS Financial is listed under Thrifts & Mortgage Finance category by Fama And French industry classification.

Management Performance

WSFS Financial Leadership Team

Elected by the shareholders, the WSFS Financial's board of directors comprises two types of representatives: WSFS Financial inside directors who are chosen from within the company, and outside directors, selected externally and held independent of WSFS. The board's role is to monitor WSFS Financial's management team and ensure that shareholders' interests are well served. WSFS Financial's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, WSFS Financial's outside directors are responsible for providing unbiased perspectives on the board's policies.
Thomas Stevenson, President of CashConnect
Michael Donahue, Director
Calvert Morgan, Special Advisor, Director, Member of Executive Committee, Member of Corporate Governance and Nominating Committee, Member of Audit Committee, Member of Corporate Devel. Committee and Member of Trust Audit Committee and Vice Chairman of WSFS Federal Savings Bank
CFA CFA, Ex CFO
Donald Delson, Independent Director
Eleuthere Pont, Director
Dominic Canuso, CFO, Executive Vice President
Jennifer Davis, Independent Director
Lisa Brubaker, Executive Vice President CTO
Patrick Ward, FSB Society
Anat Bird, Independent Director
Patrick Healy, Debt Bankruptcy
Steve Clark, Executive Vice President Chief Commercial Banking Officer
Shilpa Kumar, Senior Finance
Ralph Cicalese, Senior Manager
James Gise, Senior Manager
Paul Greenplate, Executive Vice President Chief Risk Officer
Michael Conklin, Ex Officer
Stephen Clark, Executive Officer
Richard Wright, Chief Retail Banking Officer and Executive VP
James Mazarakis, CTO, Executive VP, CTO of WSFS Bank and Executive VP of WSFS Bank
Patrick Killeen, Chief Officer
Lisa Washington, Senior Officer
Marvin Schoenhals, Chairman of the Board
Paul Geraghty, Chief Wealth Officer, Executive VP, Pennsylvania Market President, Chief Wealth Officer of WSFS Bank, Executive VP of WSFS Bank, and Pennsylvania Market President of WSFS Bank
Thomas Kearney, Executive Vice President Chief Risk Officer
Mark Turner, CEO and President Director, Chairman of Executive Committee, Chairman of Corporate Devel. Committee, CEO of WSFS Bank and President of WSFS Bank and Director of WSFS Bank
John Clatworthy, Senior Connect
Francis Brake, Independent Director
David Turner, Director
Charles Cheleden, Vice Chairman of the Board, Lead Independent Director
Arthur Bacci, Executive Vice President Chief Wealth Officer
Kevin Thompson, CFO, Executive Vice President
James Wechsler, VP COO
Christopher Gheysens, Director
Peggy Eddens, Executive Vice President - Human Capital Management Department, WSFS Bank
Justin Dunn, Senior Officer
Rodger Levenson, Interim CFO, Executive VP, Interim CFO of Wsfs Bank and Executive VP of Wsfs Bank
Chris Gheysens, Director
Karen Buchholz, Director
Charles CPA, Senior Officer
Michael Jordan, Senior Recovery
Gerard Cuddy, Vice Chairman of the Board
James Noon, Sr FSB

WSFS Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is WSFS Financial a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether WSFS Financial is a strong investment it is important to analyze WSFS Financial's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact WSFS Financial's future performance. For an informed investment choice regarding WSFS Stock, refer to the following important reports:
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in WSFS Financial. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in census.
For more information on how to buy WSFS Stock please use our How to Invest in WSFS Financial guide.
Note that the WSFS Financial information on this page should be used as a complementary analysis to other WSFS Financial's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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When running WSFS Financial's price analysis, check to measure WSFS Financial's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy WSFS Financial is operating at the current time. Most of WSFS Financial's value examination focuses on studying past and present price action to predict the probability of WSFS Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move WSFS Financial's price. Additionally, you may evaluate how the addition of WSFS Financial to your portfolios can decrease your overall portfolio volatility.
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Is WSFS Financial's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of WSFS Financial. If investors know WSFS will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about WSFS Financial listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.23)
Dividend Share
0.6
Earnings Share
4.4
Revenue Per Share
15.168
Quarterly Revenue Growth
(0.02)
The market value of WSFS Financial is measured differently than its book value, which is the value of WSFS that is recorded on the company's balance sheet. Investors also form their own opinion of WSFS Financial's value that differs from its market value or its book value, called intrinsic value, which is WSFS Financial's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because WSFS Financial's market value can be influenced by many factors that don't directly affect WSFS Financial's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between WSFS Financial's value and its price as these two are different measures arrived at by different means. Investors typically determine if WSFS Financial is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, WSFS Financial's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.