Enterprise Financial Services Corp (EFSCP) Earnings
Enterprise Financial Services Corp is expected to report next earnings on July 22, 2026 (in NaN days), with a consensus EPS estimate of $1.33. EFSCP has beaten EPS estimates in 0 of its last 1 reported quarters (average surprise +0.8% over the last four).
| Report date | EPS est | EPS actual | Surprise | Revenue | Rev. surprise |
|---|---|---|---|---|---|
| Apr 22, 2026 | $1.29 | $1.30 | +0.8% | $189M | +11.3% |
| Jul 22, 2024 | — | $1.21 | — | $227M | — |
| Jan 23, 2024 | — | $1.19 | — | $133M | — |
| Aug 4, 2023 | — | $1.31 | — | $138M | — |
| Apr 28, 2023 | — | $1.49 | — | $142M | — |
| Feb 24, 2023 | — | $1.60 | — | $16M | — |
| Oct 28, 2022 | — | $1.32 | — | $11M | — |
| Jul 29, 2022 | — | $1.19 | — | $10M | — |
| Apr 29, 2022 | — | $1.23 | — | $117M | — |
| Feb 25, 2022 | — | $1.33 | — | $125M | — |
| Nov 4, 2021 | — | $0.38 | — | $115M | — |
| Jul 30, 2021 | — | $1.23 | — | $98M | — |
Source: company filings + earnings calendar. For informational purposes only — not investment advice.
Earnings call summary
Q4 FY2025 · January 27, 2026
AI summary of management’s prepared remarks and analyst Q&A. For informational purposes only — not investment advice.
Management highlights
- **Jim Lally**: Highlighted Q4 earnings of $1.45 per diluted share, better than prior periods. Discussed branch purchase in Arizona and Kansas complementing the business model, net interest income growth, margin improvement, balance sheet growth by 11%, dividend increase, loan and deposit growth, and credit metrics progress. Mentioned clients' optimism in certain industries like power generation, data centers, infrastructure improvements. - **Doug Bauche**: Talked about successful branch acquisition completion and onboarding, foreclosure of Southern California real estate portfolio, loan portfolio diversity and growth across segments, deposit growth and favorable mix, and progress in reducing nonperforming assets. - **Keene Turner**: Discussed Q4 earnings per share, net interest income details including growth drivers and margin, credit trends with net charge-offs, noninterest income and expense details, and capital metrics such as tangible book value per share and capital ratios.
Guidance
- Expect net interest margin run rate to be roughly 4.2% in 2026. **Balance Sheet**: Goal of 6%-8% growth in 2026. **Asset Quality**: Anticipate reduction of NPAs and OREO to historical levels (35-40 basis points) in the next couple of quarters. **Dividend and Buybacks**: Dividend increased, share repurchases made, with plans to continue share repurchases and manage capital effectively.
Segment performance
**Net Interest Income**: For the quarter, net interest income was $168 million, an increase of $10 million from the linked quarter. Margin improved to 4.26%. **Loan Portfolio**: Loans grew $217 million in the quarter and $580 million for the year. Asset categories like commercial and industrial, CRE owner-occupied, SBA, and sponsor finance combined are just over 50% of the portfolio, while investor-owned CRE, life insurance, and tax credit lending make up the remaining. **Deposits**: Deposits grew $1 billion in the quarter and approximately 11% or $1.5 billion year-over-year, inclusive of branch acquired deposits. Organic deposit growth for the year was 6.5% or $854 million.
Risks & headwinds
- Litigation process delay in foreclosing certain Southern California properties, which could impact timing of asset sales. - Volatility in tax credit revenue due to rate and business performance changes. - Potential unforeseen migration of nonperforming loans affecting credit metrics.
Analyst Q&A
Q: Jeff Rulis asked about the timing of foreclosed properties and expectations for NPA and OREO reduction.
A: Doug Bauche responded that foreclosures were delayed by bankruptcy filings, but favorable court ruling in December allowed taking 6 properties into OREO, with plans to see resolutions by end of second quarter.
Q: Nathan Race inquired about 2 loans totaling $28 million that migrated to nonaccrual.
A: Doug Bauche said one is a retail center in Riverside, CA with good loan-to-value, actively negotiating exit; the other is a $6 million residential property in San Diego with good valuation, timing of exit less clear but little loss content expected.
Q: Damon Del Monte asked about margin cadence and provisioning.
A: Keene Turner said margin expected to step down in first quarter with seasonality but remain sticky, provisioning expected to move down as charge-offs decrease and credit class improves.
Q: David Long asked about higher charge-offs in Q4.
A: Doug Bauche explained it included charges from sponsor finance credits, a multifamily project, and a C&I credit, with the aim of a clean slate for 2026.
Q: Brian Martin asked about fee income and loan pipeline.
A: Keene Turner said fee income mid-single-digit growth expected, loan pipeline strong in areas like SBA, life insurance premium finance, and Southwest markets with good momentum.