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WSFS Financial Corporation (WSFS) Q2 2026 Earnings Call Transcript
Operator
Hello, everyone. Thank you for joining us, and welcome to WSFS Financial Corporation Second Quarter Earnings Call. [Operator Instructions]
I’d now like to turn the call over to your host for today, Mr. David Burg, Chief Financial Officer. Sir, please go ahead.
David Burg
Executive VP & CFO
Thank you very much, and good afternoon, everyone. Thank you for joining our second quarter 2026 earnings call. Our earnings release and an earnings release supplement, which we’ll refer to on today’s call, can be found in the Investor Relations section of our company website. With me on this call is Rodger Levenson, Chairman, President and CEO.
Prior to reviewing our financial results, I would like to read our safe harbor statement. Our discussion today will include information about our management’s view of our future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements due to risks and uncertainties, including, but not limited to, the risk factors in our Annual Report on Form 10-K and our most recent Quarterly Reports on Form 10-Q, as well as other documents we may periodically file with the Securities and Exchange Commission. All comments made during today’s call are subject to the safe harbor statement.
I will now turn to our financial results. During the second quarter, WSFS’s performance
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When it comes to greens, lettuce is king. It’s the most consumed leafy produce in the U.S., as Americans have been reminded by cyclospora outbreaks that have sickened thousands over the past few months.
One of the outbreaks, which health authorities linked to shredded lettuce supplied by Taylor Farms, surfaced the important role played by a sprawling supply chain of farms, processors and distributors in the U.S. and Mexico. That network is responsible for greens’ ubiquity in consumer diets.
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The Rightmove data suggests that fewer tenants are proactively filtering for pet-friendly properties when searching for a home. While pets remain the most common searched-for term overall – ahead of gardens, garages and furnishings, the lead at the top is shrinking.
Renter searches for properties that allow pets fell by 54% in May and 52% in June compared with the same months a year earlier, according to the figures shared with the BBC. Falls had accelerated through this year, as the changes got closer and were then introduced.
Marc von Grundherr, director of agency Benham and Reeves, said some tenants have only disclosed a pet after signing their tenancy agreement, while others have been discovered during property inspections.
“The reality is that tenants now understand the balance of power has shifted. Landlords can no longer rely on a blanket ‘no pets’ policy to deter applications and should instead expect conversations around pet ownership to arise much later in the letting process,” he said.
Now, in England, landlords may still be able to refuse a pet if another tenant has an allergy, the property is too small for a large pet or several pets, the pet is illegal, or the landlord is a leaseholder and the freeholder does not allow pets.
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