Enterprise Finl Svcs Corp Stock Price, News & Analysis

Enterprise Financial Services Corp (Nasdaq: EFSC) reported strong financial results for Q4 2022, with net income of $60.0 million (or $1.58 per diluted share), marking increases of 19% quarter-over-quarter and 18% year-over-year. The net interest margin improved to 4.66%, reflecting a 56 basis point increase. Total loans reached $9.7 billion, a quarterly increase of $382 million (16% annualized). Full-year net income was $203.0 million, with a return on average assets of 1.52%. The company declared a $0.25 quarterly dividend, up from $0.24.

Enterprise Financial Services Corp (EFSC) will release its fourth quarter 2022 financial results on January 23, 2023, followed by a conference call on January 24, 2023, at 10:00 a.m. CT. The call can be accessed at 1-888-550-5279 (Conference ID #7004515) and will also be available as a webcast on the company’s website.

EFSC, with approximately $13.0 billion in assets, operates in multiple states including Missouri, Arizona, California, and others, providing a range of banking and wealth management services.

Enterprise Financial Services Corp (Nasdaq: EFSC) reported a net income of $50.2 million for Q3 2022, translating to $1.32 per diluted share, showcasing a $36.3 million year-over-year increase. Net interest income rose 13% to $124.3 million, benefiting from higher loan balances and yields, leading to a net interest margin of 4.10%. Total loans reached $9.3 billion, while deposits fell by $35 million to $11.1 billion. The quarterly dividend increased to $0.24 per share. The company's solid capital ratios and improved asset quality underscore its robust financial position.

Enterprise Financial Services Corp (Nasdaq: EFSC) will announce its third quarter 2022 financial results on October 24, 2022. A conference call will follow on October 25, 2022, at 10:00 a.m. CT, accessible via phone at 1-888-550-5279. The company, based in Clayton, Missouri, manages approximately $13.1 billion in assets through its wholly-owned subsidiary, Enterprise Bank & Trust. Stakeholders can access the press release and presentation slides on the investor relations section of their website, along with a recorded call replay for two weeks after the event.

Enterprise Financial Services Corp (Nasdaq: EFSC) reported a net income of $45.1 million or $1.19 per diluted share for Q2 2022, a decrease of $2.5 million from the previous quarter but an increase of $6.7 million year-over-year. Total loans grew by 13% annualized to $9.2 billion, reflecting diversified growth across business lines. The net interest margin improved to 3.55%, while total deposits decreased by $611.5 million to $11.1 billion. A quarterly dividend of $0.23 was declared, up 5% from the previous quarter.

Enterprise Financial Services Corp (NASDAQ: EFSC) will announce its second quarter 2022 financial results on July 25, 2022, with a subsequent conference call scheduled for 10:00 a.m. CT on July 26, 2022. The call can be accessed via phone at 1-888-550-5279 (Conference ID #7004515) or through a webcast on the company's investor relations page. EFSC, headquartered in Clayton, Missouri, manages approximately $13.7 billion in assets and offers a variety of banking services through its subsidiary, Enterprise Bank & Trust.

Enterprise Financial Services Corp (Nasdaq: EFSC) announced a new share repurchase program, authorizing the buyback of up to 2,000,000 shares, which equates to approximately 5% of its outstanding shares as of March 31, 2022. This decision reflects strong earnings trends and capital position, with over $93 million returned to shareholders through previous repurchases since January 2021. The program allows shares to be purchased in various ways compliant with federal and state securities laws.

Enterprise Financial Services Corp (Nasdaq: EFSC) reported a net income of $47.7 million for Q1 2022, marking a $3.1 million decrease from the previous quarter but a $17.8 million increase year-over-year. Earnings per diluted share (EPS) stood at $1.23 compared to $1.33 in Q4 2021. The bank's net interest margin was 3.28%, down from 3.32% in Q4 2021. EFSC increased its quarterly dividend by 5% to $0.22, repurchased 351,090 shares, and saw a notable loan growth of $176.3 million excluding PPP loans.

Enterprise Financial Services Corp (Nasdaq: EFSC) will release its first quarter 2022 financial results on April 25, 2022. A conference call is scheduled for April 26, 2022, at 10:00 a.m. CT, accessible via telephone and webcast through the Company's Investor Relations page. EFSC, with approximately $13.7 billion in assets, operates through its wholly-owned subsidiary, Enterprise Bank & Trust, offering comprehensive banking and wealth management services across multiple states.