WSFS Financial

-9.01%

1. Credit risk: WSFS Financial is exposed to credit risk as it provides various loan and credit products to its customers. If borrowers fail to repay their loans, it could result in credit losses for the company.

2. Interest rate risk: As a financial institution, WSFS Financial is exposed to changes in interest rates. Fluctuations in interest rates can affect the company’s profitability, liquidity, and the value of its assets.

3. Market risk: WSFS Financial also faces market risk as fluctuations in the financial markets can impact the value of its investments and securities. This could lead to losses for the company.

4. Regulatory risk: The financial industry is highly regulated, and any changes in regulations or compliance requirements could negatively impact WSFS Financial’s operations and financial results.

5. Operational risk: Like any other company, WSFS Financial is exposed to operational risks such as system failures, cybersecurity breaches, and human error, which could disrupt its operations and damage its reputation.

6. Reputation risk: WSFS Financial’s reputation is essential for attracting and retaining customers. Any negative publicity, such as data breaches or unethical practices, could harm its reputation and result in a loss of trust from stakeholders.

7. Cybersecurity risk: The increase in digital transactions has made WSFS Financial vulnerable to cyber threats, including data breaches, phishing scams, and ransomware attacks. A successful cyber-attack could result in financial losses and damage the company’s reputation.

8. Liquidity risk: WSFS Financial’s ability to meet its short-term financial obligations depends on its liquidity position. If the company experiences a significant increase in withdrawals or a decrease in deposits, it could face liquidity challenges.

9. Strategic risk: The success of WSFS Financial depends on its strategic decisions and ability to adapt to changing market conditions. Failure to anticipate or respond to industry trends and competition could result in lower profits and market share.

10. Economic risk: WSFS Financial operates in a constantly changing economic environment. A downturn in the economy could lead to a decrease in demand for its products and services, impacting its profitability.