Strong Quarterly Earnings
Enterprise Financial Services Corp reported earnings per share of $1.36 for the second quarter of 2025, a $0.05 increase over the previous quarter and a $0.17 increase from the same quarter last year.
Net Interest Income Growth
Net interest income increased by $5.2 million, marking the fifth consecutive quarter of growth, with net interest margin expanding by 6 basis points to 4.21%.
Loan and Deposit Growth
Loan growth was 4% annualized, amounting to $110 million, with deposits growing by $73 million net of broker deposits. Year-over-year, core deposits grew by almost $800 million.
Strong Capital Position
The company's tangible common equity to tangible assets ratio was 9.42%, with a 13.96% return on tangible common equity. Tangible book value per share increased 15% on an annualized basis.
Positive Client Outlook
Most clients continue to perform well, with sales and profits in line with 2024, suggesting solid performance for the remainder of 2025 and into 2026.
Dividend Increase
The company increased its dividend by $0.01 per share for the third quarter of 2025 to $0.31 per share.