-

KBRA Releases Surveillance Report for WSFS Financial Corporation

NEW YORK--(BUSINESS WIRE)--On August 9, 2023, KBRA affirmed the senior unsecured debt rating of A-, the subordinated debt rating of BBB+, and the short-term debt rating of K2 for Wilmington, Delaware based WSFS Financial Corporation (NASDAQ: WSFS)(“the company”). In addition, KBRA affirmed the deposit and senior unsecured debt ratings of A, the subordinated debt rating of A-, and the short-term deposit and debt ratings of K1 for its subsidiary, Wilmington Savings Fund Society, FSB. The Outlook for all long-term ratings is Stable.

To access rating and relevant documents, click here.

Click here to view the report.

About KBRA

KBRA is a full-service credit rating agency registered in the U.S., the EU, and the UK, and is designated to provide structured finance ratings in Canada. KBRA’s ratings can be used by investors for regulatory capital purposes in multiple jurisdictions.

Contacts

Ben Rodriguez, Director
+1 301-969-3186
ben.rodriguez@kbra.com

Leah Hallfors, Senior Director
+1 301-969-3242
leah.hallfors@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Business Development Contact

Justin Fuller, Senior Director
+1 646-731-1250
justin.fuller@kbra.com

KBRA

Details
Headquarters: New York City, New York
CEO: Jim Nadler
Employees: 400+
Organization: PRI

Release Versions

Contacts

Ben Rodriguez, Director
+1 301-969-3186
ben.rodriguez@kbra.com

Leah Hallfors, Senior Director
+1 301-969-3242
leah.hallfors@kbra.com

Joe Scott, Senior Managing Director
+1 646-731-2438
joe.scott@kbra.com

Business Development Contact

Justin Fuller, Senior Director
+1 646-731-1250
justin.fuller@kbra.com

More News From KBRA

KBRA Releases Monthly CMBS Trend Watch

NEW YORK--(BUSINESS WIRE)--KBRA releases the December 2025 issue of CMBS Trend Watch. U.S. CMBS finished the year at $125.8 billion—its highest issuance level since the global financial crisis (GFC)—with a year-over-year (YoY) increase of 18.6%, and in line with our 2025 forecast of $120 billion. Contributing to the increase was the continuing strong investor appetite for single-borrower (SB) deals at $91.1 billion, which accounted for 72.5% of issuance, with the remaining represented by condui...

KBRA Assigns Ratings to MidCap Financial Issuer Trust

NEW YORK--(BUSINESS WIRE)--KBRA assigns an issuer rating of A-, a senior unsecured debt rating of A-, and a junior subordinated debt rating of BBB to MidCap Financial Issuer Trust, a wholly-owed subsidiary of MidCap FinCo Intermediate LLC ("the company" or "MidCap"), which serves as guarantor of the debt. MidCap is a commercial financial company that provides senior secured debt solutions to companies across multiple industries. The company is headquartered in Bethesda, MD. The ratings Outlook...

KBRA Releases Research – KBRA CMBS Loss Compendium Update: December 2025

NEW YORK--(BUSINESS WIRE)--KBRA releases the December 2025 issue of the KBRA CMBS Loss Compendium, providing updated loss estimates for all 386 KBRA-rated outstanding conduit transactions. The report, together with the accompanying spreadsheet, also includes data on lifetime realized losses for 17 conduits whose ratings have been withdrawn following payoffs. The compendium uses the following two metrics to present the loss figures: KBRA Lifetime Base Loss (KLBL), which represents our loss estim...
Back to Newsroom