---
schema_version: "secwatch.filing_event.v1"
accession: "0001025835-23-000036"
form_type: "8-K"
ticker: "EFSC"
cik: "0001025835"
company_name: "ENTERPRISE FINANCIAL SERVICES CORP"
filed_at: "2023-04-24T23:59:59+00:00"
generated_at: "2026-06-16T18:14:12.556921+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EFSC Q1 net income $55.7M ($1.46 EPS); NIM 4.71%; loans top $10B

## Summary
- Net income $55.7M, diluted EPS $1.46; down from $60.0M and $1.58 in Q4 2022, up from $47.7M and $1.23 YoY.
- Net interest margin 4.71%, up 5bps QoQ and 143bps YoY; net interest income $139.5M, up $0.7M QoQ.
- Total loans $10.0B, up $274.8M (11.4% annualized) from Q4 2022; total deposits $11.2B, up $325.5M.
- Tangible common equity to tangible assets 8.81%; capital ratios well-capitalized; common dividend $0.25/share payable June 30.
- Provision for credit losses $4.2M mainly from credit impairment on AFS security of a failed bank and loan growth.

## SEC filing metadata
- accession: 0001025835-23-000036
- form_type: 8-K
- ticker: EFSC
- cik: 0001025835
- company_name: ENTERPRISE FINANCIAL SERVICES CORP
- filed_at: 2023-04-24T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000036/0001025835-23-000036-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000036/efsc-20230424.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025835-23-000036
- JSON: https://secwatch.observer/filing/0001025835-23-000036.json
- Plain text: https://secwatch.observer/filing/0001025835-23-000036.txt

## Key facts
- Earnings Releases
  ENTERPRISE FINANCIAL SERVICES CORP reported the quarter ended March 31, 2023 results: net income $55.7 million, EPS $1.46 per diluted common share.
  - Period: the quarter ended March 31, 2023
  - Net income: $55.7 million
  - EPS: $1.46 per diluted common share
  - Result: reported results
  source text: On April 24, 2023, Enterprise Financial Services Corp (the "Company" or "EFSC") issued a press release announcing financial information for the quarter ended March 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000036/0001025835-23-000036-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.