Enterprise Financial Services Corp

Latest Results (11.10.2025):

Enterprise Financial Services Corp reported its fourth quarter of 2024 with a net income of $48.8 million, or $1.28 per diluted common share. Despite a slight decrease in earnings per share compared to the linked quarter, the company demonstrated growth in net interest income and total loans, reflecting its ongoing commitment to expanding its loan portfolio and strengthening its deposit base.

Net Income and Earnings Per Share

The fourth quarter net income stood at $48.8 million, translating to $1.28 per diluted common share. This marks a decrease from $1.32 per diluted share in the linked quarter but an increase from $1.16 per diluted share in the prior year quarter.

Net Interest Income and Margin

Net interest income increased by $2.9 million to $146.4 million for the quarter. However, the Net Interest Margin (NIM) slightly decreased by 4 basis points to 4.13%, reflecting the impacts of higher interest expenses on the deposit portfolio.

Growth in Loans and Deposits

Total loans grew by $140.5 million, reaching $11.2 billion, which represents a 5% annualized increase. Deposits also saw significant growth, rising by $681.2 million to total $13.1 billion, underscoring the company's robust client relationships and expanding deposit base.

Return Metrics

Return on Average Assets (ROAA) was reported at 1.27%, a decline from 1.36% in the linked quarter. Return on Average Tangible Common Equity (ROATCE) was 13.63%, down from 14.55% in the linked quarter, indicating a slight reduction in profitability metrics.

Shareholder Returns

The company repurchased 206,529 shares and increased the quarterly dividend by $0.01 to $0.29 per common share for the first quarter of 2025, demonstrating its commitment to enhancing shareholder value.