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Enterprise Financial Services Corp (EFSC) delivers tailored banking solutions and wealth management services across eight U.S. states. This page provides authorized news and official updates directly from the NASDAQ-listed financial holding company.
Access EFSC's latest press releases covering earnings reports, strategic partnerships, leadership changes, and regulatory filings. Investors will find timely updates on commercial lending initiatives, deposit product innovations, and community banking developments.
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Bookmark this page for streamlined access to EFSC's financial narrative. Check regularly for updates reflecting the company's commitment to commercial banking excellence and personalized wealth management solutions.
Enterprise Financial Services Corp (Nasdaq: EFSC) has announced its third quarter 2024 earnings release and conference call schedule. The company will release its financial results on Monday, October 21, 2024, followed by a conference call and webcast at 10:00 a.m. CT on Tuesday, October 22, 2024. Participants can pre-register for the call or join via dial-in at 1-800-715-9871. The webcast will be accessible through the company's Investor Relations page, with press release and presentation slides available prior to the call. A recorded replay will be available for at least two weeks after the call.
EFSC, with approximately $14.6 billion in assets, is a financial holding company headquartered in Clayton, Missouri. Its subsidiary, Enterprise Bank & Trust, operates branches in seven states and offers SBA loan and deposit production offices nationwide, providing business and personal banking services, as well as wealth management services through Enterprise Trust.
Enterprise Financial Services Corp (NASDAQ: EFSC) reported second quarter 2024 earnings. Net income was $45.4 million, or $1.19 per diluted share, up from $1.05 in the linked quarter but down from $1.29 a year ago. Net interest income rose to $140.5 million, a $2.8 million increase from the previous quarter. Total loans decreased by $28.5 million to $11.0 billion, while total deposits increased by $28.7 million to $12.3 billion. The net interest margin increased by 6 basis points to 4.19%. The return on average assets (ROAA) was 1.25%, and the return on average tangible common equity (ROATCE) was 13.77%. The tangible book value per share increased by 10% on an annualized basis to $35.02. The company repurchased 225,135 shares and increased the quarterly dividend to $0.27 per share. The allowance for credit losses stood at 1.27% of total loans, and the total cost of deposits was 2.16%. Noninterest income increased by $3.3 million to $15.5 million, primarily due to higher tax credit income.
Enterprise Financial Services Corp (EFSC) will release its second quarter 2024 financial results on Monday, July 22, 2024. The company will host a conference call and webcast at 10:00 a.m. CT on Tuesday, July 23, 2024. The call will be accessible via pre-registration through a provided link, allowing participants immediate access with a passcode and PIN. Additionally, the webcast will be available on EFSC's Investor Relations page, with a recorded replay accessible for at least two weeks post-call.
Enterprise Financial Services Corp, headquartered in Clayton, Missouri, holds approximately $14.6 billion in assets. Its subsidiary, Enterprise Bank & Trust, offers banking and wealth management services across multiple states. EFSC's common stock trades on Nasdaq under the symbol 'EFSC.'
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