Enterprise Financial Services (EFSC) Tops Q1 EPS by 8c

Enterprise Financial Services (NASDAQ: EFSC) reported Q1 EPS of $0.96, $0.08 better than the analyst estimate of $0.88.

• Net income of $29.9 million, $0.96 per diluted share
• Net interest margin (tax equivalent) of 3.50%
• Return on average assets of 1.22%
• Maintained dividend of $0.18 per share for second quarter
• Completed systems integration of Seacoast Commerce Banc Holdings (“Seacoast”)
• Announced the acquisition of First Choice Bancorp (“First Choice”), a California based $2.5 billion commercial bank

For earnings history and earnings-related data on Enterprise Financial Services (EFSC) click here.

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