Morningstar DBRS Confirms “A” Rating to WSFS Bank; WSFS Financial Corporation Receives “A (low)” Rating with Stable Outlook
Morningstar DBRS confirmed WSFS Financial Corporation's Long-Term Issuer Rating at 'A (low)' and WSFS Bank's rating at 'A', maintaining a Stable trend for both. The affirmation is supported by the company's strong market position, diversified revenue streams, meaningful noninterest income, and a robust balance sheet with ample deposits and capital levels above peers.
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