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Banking News

WSFS reports third quarter earnings


(AP) _ WSFS Financial Corp. (WSFS) on Monday reported third-quarter earnings of $38.9 million.

The Wilmington, Delaware-based company said it had net income of $1.20 per share. Earnings, adjusted for non-recurring gains, were 96 cents per share.

The bank holding company posted revenue of $117.3 million in the period. Its adjusted revenue was $105 million.

WSFS shares have fallen 10 percent since the beginning of the year. In the final minutes of trading on Monday, shares hit $42.97, a fall of 15 percent in the last 12 months.

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