ENTERPRISE FINANCIAL SERVICES CORP (EFSCP) SEC Filings

Enterprise Financial Services Corp filed a Form 13F holdings report as an institutional investment manager. The report covers 352 reportable positions with an aggregate reported value of $244,921,856, based on the filer’s Form 13F information table.

The filing also identifies 1 other included manager, Enterprise Bank & Trust, for which Enterprise Financial Services Corp reports holdings in this consolidated 13F submission.

Enterprise Financial Services Corp reported net income of $40,927 thousand for the quarter ended June 30 2026 (diluted EPS $1.09), compared with $51,384 thousand a year earlier, as higher credit costs and lower fee-based revenue offset stronger net interest income.

Net interest income rose to $168,716 thousand from $152,762 thousand, while the provision for credit losses increased to $14,210 thousand from $3,470 thousand and noninterest income declined to $13,478 thousand from $20,604 thousand. Noninterest expense increased to $115,739 thousand. For the first half of 2026, net income was $90,289 thousand versus $101,345 thousand in the prior-year period.

Total assets were $17,399,009 thousand at June 30 2026, with net loans of $11,753,161 thousand and deposits of $14,502,551 thousand. The allowance for credit losses on loans was $139,238 thousand, incorporating scenario-weighted CECL modeling and approximately $45,800 thousand of qualitative adjustments. Nonperforming loans were $76,144 thousand, down from $82,809 thousand at December 31 2025, and off-balance-sheet commitments totaled $3,075,581 thousand. In 2026 the company issued $175,000 thousand of 6.25% subordinated notes due 2036, eligible as Tier 2 regulatory capital, repaid the $56,500 thousand outstanding on its 2025 term loan, and continued common share repurchases and cash dividends.

Enterprise Financial Services Corp outlines a focused commercial banking model serving privately held businesses across diversified regions and specialty verticals. As of 2Q26, it reports $17.4B in total assets, $14.5B in deposits and $11.9B in loans, supported by 54 branches and national lending and deposit platforms.

The company emphasizes disciplined growth and balance-sheet strength, citing a tangible common equity ratio of 9.04%, a CET1 ratio of 11.5% and available liquidity of $7.2B. Year-to-date through June 30, 2026, PPNR ROAA is 1.61% and adjusted ROATCE is 11.66%, with nonperforming loans at 0.64% of total loans and decade-long CAGRs of 15.2% for loans and 16.9% for deposits.

Enterprise Financial Services Corp reported second quarter 2026 net income of $40.9 million, or $1.09 per diluted share, down from $49.4 million ($1.30) in the prior quarter and $51.4 million ($1.36) a year ago. Net interest income increased to $168.7 million, up $2.6 million sequentially and $16.0 million year over year, as the tax-equivalent net interest margin improved to 4.30% from 4.28% and 4.21%. Loans reached $11.9 billion, rising $199.6 million from the prior quarter, while deposits were $14.5 billion, essentially flat sequentially and up $1.2 billion year over year; noninterest-bearing deposits were 34% of total deposits.

Credit costs increased, with a $14.2 million provision for credit losses versus $7.2 million in the prior quarter and $3.5 million a year earlier, driven mainly by $13.6 million in net charge-offs and higher nonperforming assets, which were 0.92% of assets. Capital remained strong: tangible common equity to tangible assets was 9.04%, CET1 was 11.5%, and total risk-based capital was 15.0%. The company issued $175 million of 6.25% fixed-to-floating subordinated notes due 2036 and repurchased 382,083 shares for $22.9 million. The board approved an additional authorization to repurchase up to 2,000,000 common shares, about 5% of shares outstanding, on top of 249,400 shares remaining under the existing plan, and increased the quarterly common dividend to $0.35 per share for the third quarter of 2026.

ENTERPRISE FINANCIAL SERVICES CORP executive vice president and chief financial officer Keene S. Turner reported a routine equity purchase through the company’s employee stock plan. He acquired 462 shares of common stock at $45.94 per share under the 2018 Employee Stock Purchase Plan for the period from January 1, 2026 through June 30, 2026, a transaction exempt under Section 16b-3(c). After this purchase, he directly holds 64,781 shares of common stock, along with 2,000 depository shares representing interests in 5.00% Series A preferred stock and 1,683 common shares held through the company’s 401(k) plan. Turner also holds multiple restricted stock unit awards and nonqualified stock options on common stock with exercise prices between $39.50 and $57.17 and expirations between 2031 and 2035, providing additional long-term equity exposure.

ENTERPRISE FINANCIAL SERVICES CORP executive Mark G. Ponder reported acquiring shares through an employee stock purchase plan. As SEVP and Chief Administrative Officer of EFSC, he acquired 462 shares of common stock at $45.94 per share under the 2018 Employee Stock Purchase Plan for the purchase period from January 1, 2026, through June 30, 2026, in a transaction exempt under Section 16b-3(c).

After this transaction, he holds 7,309 EFSC common shares directly, plus 200 shares in a self-directed IRA, 1,517 shares through the company 401(k) plan, and 22,276 shares held jointly with his spouse in a trust. He also retains multiple equity awards, including restricted share units granted under the 2018 Stock Incentive Plan and non-qualified stock options with exercise prices between $39.50 and $57.17 expiring between 2031 and 2035.

ENTERPRISE FINANCIAL SERVICES CORP senior executive Bridget Huffman, SEVP and Chief Risk Officer, reported updated holdings of company stock and equity awards. She recorded an ESPP-related transaction for 267 shares of Common Stock at $45.94 per share for the purchase period from January 1, 2026 through June 30, 2026, with the shares bought at 85% of the January 2, 2026 closing price. Following this, she directly holds 7,328 Common shares, along with multiple tranches of restricted share units and non-qualified stock options that vest or become exercisable in future years, all subject to continued employment.

Enterprise Financial Services Corp senior executive vice president and Chief Legal Officer Nicole M. Iannacone reported routine equity activity. She acquired 462 shares of Common Stock at $45.94 per share through the company’s 2018 Employee Stock Purchase Plan for the purchase period from January 1, 2026 through June 30, 2026, a transaction the company notes is exempt under Section 16b-3(c). After this ESPP purchase, she directly holds 23,317 Common shares. She also reports multiple outstanding restricted share unit awards and non-qualified stock options on Common Stock with exercise prices ranging from $39.50 to $57.17 and expirations between 2031 and 2035, indicating a continuing long-term equity-based compensation position.

Enterprise Financial Services Corp CEO James Brian Lally reported an acquisition of 462 shares of common stock at $45.94 per share through the company’s 2018 Employee Stock Purchase Plan for the period from January 1, 2026 through June 30, 2026.

After this ESPP transaction, he directly holds 116,158 shares of common stock and an additional 19,570 shares indirectly through the company’s 401(k) Plan. He also holds multiple restricted share unit awards and non-qualified stock options covering tens of thousands of shares with exercise prices between $39.50 and $57.17 and expirations from 2031 to 2035, indicating a substantial remaining equity-based compensation position.