Enterprise Financial Services Corp. (EFSC)
NASDAQ:EFSC
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Earnings Data
Report Date
Jul 27, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
1.34Last Year’s EPS
1.36Same Quarter Last Year
Strong Buy
Based on 4 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed solid fundamental performance: stable earnings, resilient net interest margin, strong capital and liquidity positions, active capital returns (share buybacks and dividend increase), and meaningful improvement in asset quality with concrete progress on OREO dispositions. Offsetting items included sequential EPS/provisioning impacts driven by seasonality (fewer days, lower tax credit income), a decline in certain loan balances (LIHTC paydowns and sponsor finance payoffs), a higher efficiency ratio, and noted geopolitical uncertainty that prompted a qualitative reserve and cautious commentary on near-term loan growth. Overall tone was confident and constructive, with management emphasizing balance sheet strength, deposit diversification, disciplined pricing, and a plan for moderate loan growth while remaining cautious on macro and geopolitical risks.Company Guidance
Stable Earnings and Solid Profitability
Reported EPS of $1.30 (diluted) for Q1 2026, essentially flat versus Q1 2025 ($1.31); adjusted EPS $1.31 (down $0.05 vs. linked quarter adjusted $1.36). Return on assets 1.16%, pre-provision ROAA 1.65%, and return on tangible common equity ~12.53% (13% on average tangible common equity reported elsewhere).
Net Interest Income and Margin Resilience
Net interest income of $166 million (relatively stable vs. linked quarter); net interest margin expanded 2 bps to 4.28%. Management expects NIM to remain in the low- to mid-4.2% range.
Lower Deposit Costs and Strong Deposit Trends
Cost of deposits declined 12 bps sequentially to 1.52% and 31 bps year-over-year. Year-over-year total client deposits (ex-brokered) up ~10%; national deposit verticals grew $187 million in Q1 (~20% annualized) and now represent >$4 billion across specialty channels.
Capital Returns and Dividend Increase
Repurchased ~483,000 shares for ~$27 million at an average price of $56.13 (~attractive multiple to tangible book). Quarterly dividend increased $0.01 to $0.34 per share (9 consecutive quarters of increases). Tangible common equity ratio remained strong at 9% and tangible book value per share stable at $41.38.
Loan Growth in Core Portfolios
Core commercial & owner-occupied portfolios added ~$97 million in Q1 loan growth; Life Insurance Premium Finance added $21 million. Rate on loans booked in the quarter was 6.58% and management expects new originations in the low- to mid-6% yield range.
Proactive Redeployment from LIHTC Payoffs
Received $100 million paydown in low-income housing tax credit (LIHTC) loans whose weighted average fixed coupon was 3.29%, enabling redeployment into higher-yielding investments/loans in current environment.
Asset Quality Improvement and OREO Progress
Net charge-offs fell to $4.4 million in Q1 (15 bps of average loans vs. 21 bps for 2025). Made progress on previously disclosed Southern California relationship: 4 of 7 OREO properties are under contract (total OREO balance cited at $46 million) with expected further progress and sales in 2026.
Allowance and Reserve Coverage
Allowance for credit losses increased modestly to 1.21% of total loans (from 1.19%); when excluding government-guaranteed loans, coverage rises to 1.32%, reflecting conservative reserve posture.
One-time and Noncore Gains
Sold $25 million of SBA-guaranteed loans in the quarter generating a $1.4 million gain; first quarter also benefited from private equity fund distributions and other nonrecurring mitigants.
EFSC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EFSC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $57.56 | $57.68 | +0.21% |
Jan 26, 2026 | $55.58 | $56.71 | +2.04% |
Sep 30, 2025 | $57.30 | $56.63 | -1.17% |
Jul 28, 2025 | $55.43 | $55.67 | +0.43% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Enterprise Financial Services Corp. (EFSC) report earnings?
Enterprise Financial Services Corp. (EFSC) is schdueled to report earning on Jul 27, 2026, After Close (Confirmed).
What is Enterprise Financial Services Corp. (EFSC) earnings time?
Enterprise Financial Services Corp. (EFSC) earnings time is at Jul 27, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EFSC EPS forecast?
EFSC EPS forecast for the fiscal quarter 2026 (Q2) is 1.34.