Enterprise Finl Svcs Corp Stock Price, News & Analysis

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.

Enterprise Financial Services Corp (NASDAQ: EFSC) announced the appointment of Stephen P. Marsh and Daniel A. Rodrigues as directors effective March 8, 2022. Both currently serve on the board of the company’s subsidiary, Enterprise Bank & Trust (EB&T). Judith S. Heeter will retire from the Board and not stand for re-election at the upcoming Annual Meeting. Marsh and Rodrigues are expected to bring extensive experience in financial services and operations that will enhance the Board's strategic planning capabilities. The Company manages approximately $13.5 billion in assets.

Enterprise Financial Services Corp (Nasdaq: EFSC) reported a fourth-quarter net income of $50.8 million, or $1.33 per diluted share, a significant increase from the previous year. This brings the annual net income to $133.1 million, or $3.86 per share, boosted by the acquisition of First Choice Bancorp, which added approximately $2.3 billion in assets. With a ROAA of 1.52% in Q4 and strong credit quality, the company is well-positioned for growth, particularly benefiting from its variable-rate loan portfolio. The Board declared a quarterly dividend of $0.21 per share.

Enterprise Financial Services Corp (Nasdaq: EFSC) is set to release its fourth quarter 2021 financial results on January 24, 2022. A conference call will follow on January 25, 2022, at 10:00 a.m. CT, accessible by phone and webcast. The company, headquartered in Clayton, Missouri, manages approximately $12.9 billion in assets through its wholly-owned subsidiary, Enterprise Bank & Trust, with operations across multiple states. For more details, visit www.enterprisebank.com.

Enterprise Financial Services Corp (EFSC) reported a net income of $13.9 million or $0.38 per diluted share for Q3 2021, a decrease compared to prior quarters. The acquisition of First Choice Bancorp added approximately $2.3 billion in assets and $1.9 billion in loans. Despite merger-related expenses of $14.7 million and a $25.4 million CECL double count charge, pre-provision net revenue was a record $56 million. A quarterly dividend was raised by 5% to $0.20 per share. Total deposits increased by $2.2 billion to $10.8 billion.

Enterprise Financial Services Corp (Nasdaq: EFSC) will announce its Q3 2021 financial results on October 25, 2021. A conference call is scheduled for October 26, 2021, at 10:00 a.m. CT, accessible by phone or via webcast through the company’s Investor Relations page. EFSC holds approximately $12.7 billion in assets and operates through its subsidiary, Enterprise Bank & Trust, across multiple states.