Morningstar DBRS Confirms "A" Rating to WSFS Bank; WSFS Financial Corporation Receives "A (low)" Rating with Stable Outlook

July 31, 2026 - 23:54

WILMINGTON, Del., July 31, 2026 - Morningstar DBRS has confirmed the credit ratings for WSFS Financial Corporation and its primary banking subsidiary, WSFS Bank. The ratings agency assigned a Long-Term Issuer Rating of "A (low)" to the holding company and maintained an "A" rating for the bank itself. The outlook for all ratings is Stable, indicating that the agency does not expect a change in the near term.

The confirmation reflects the bank's solid financial position and its standing within the industry. According to the rating agency, the Intrinsic Assessment for WSFS Bank is "a," which measures the bank's standalone credit strength. The bank also received a Support Assessment of SA1, suggesting a very high likelihood of external support if needed. In contrast, the parent company, WSFS Financial Corporation, received a Support Assessment of SA3. The agency noted that the holding company's Long-Term Issuer Rating is positioned one notch below the bank's Intrinsic Assessment, a common structural adjustment that accounts for the difference in priority of claims and potential regulatory restrictions.

The Stable trends on both the bank and the company reflect Morningstar DBRS's view that the financial metrics and risk profile will remain consistent over the medium term. The ratings cover the debt obligations of both entities, providing a benchmark for investors and counterparties. The affirmation comes after a routine review of the company's balance sheet, asset quality, and earnings performance.