WSFS Bank adds Kevin Stach as middle market senior relationship manager

WILMINGTON - WSFS Financial Corporation (NASDAQ:WSFS), the parent company of WSFS Bank and a $3.27 billion market cap financial institution trading at a P/E ratio of 12.66, announced Thursday the appointment of Kevin Stach as Senior Vice President, Middle Market Senior Relationship Manager. According to InvestingPro analysis, the company appears slightly undervalued based on its Fair Value estimates.

In his new role, Stach will focus on serving family- and sponsor-owned companies with revenues between $50-250 million in the Greater Philadelphia area. He will report to Jamie Tranfalia, Senior Vice President, Middle Market Team Leader.

Stach brings significant banking experience to the position, having previously spent over eight years in New York City as a Corporate Banking Relationship Manager with SMBC Group. His career also includes positions at Bryn Mawr Trust, KeyBank, and Santander Bank.

Jamie Tranfalia stated that Stach’s combination of large corporate and middle market experience would help drive outcomes for clients by leveraging the bank’s credit, treasury management, capital markets, and wealth management capabilities.

Jim Wechsler, WSFS Executive Vice President and Chief Commercial Banking Officer, added that Stach’s addition underscores the bank’s commitment to investing in talent for its clients.

According to the press release, WSFS Financial Corporation had $20.8 billion in assets on its balance sheet and $92.4 billion in assets under management and administration as of June 30, 2025. The company operates from 115 offices across Pennsylvania, Delaware, New Jersey, Florida, Nevada, and Virginia.

WSFS Bank, established in 1832, is described as one of the ten oldest banks in the United States continuously operating under the same name.

In other recent news, WSFS Financial Corporation announced its second-quarter 2025 earnings, which surpassed analyst expectations. The company reported earnings per share (EPS) of $1.27, beating the forecast of $1.13, marking a 12.39% surprise. Revenue figures also came in slightly above projections, with the company reporting $267.5 million compared to the anticipated $266.46 million. These results highlight a positive performance for the quarter. Despite the favorable earnings and revenue outcomes, the stock experienced a slight decline in after-hours trading. Analysts from various firms have noted these developments, though no specific upgrades or downgrades were reported in the context provided. These recent developments reflect WSFS Financial’s performance and market reaction.

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