---
schema_version: "secwatch.filing_event.v1"
accession: "0001025835-23-000067"
form_type: "8-K"
ticker: "EFSC"
cik: "0001025835"
company_name: "ENTERPRISE FINANCIAL SERVICES CORP"
filed_at: "2023-07-24T23:59:59+00:00"
generated_at: "2026-06-13T03:53:48.289849+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EFSC Q2 2023 net income $49.1M ($1.29 EPS); NIM 4.49%, loans +$500.7M

## Summary
- Net income $49.1M, down $6.6M vs linked Q1 but up $4.0M YoY; diluted EPS $1.29 (vs $1.46 Q1, $1.19 Q2'22).
- Net interest margin 4.49%, down 22 bps from Q1 on higher deposit costs; net interest income $140.7M, +$1.2M linked.
- Total loans $10.5B (+$500.7M, 20.1% annualized); total deposits $11.6B (+$465.2M); noninterest-bearing deposits 33.4%.
- Noninterest expense $86.0M, +$5.0M linked; deposit costs +$4.3M and operational losses +$1.5M drove increase.
- Quarterly dividend $0.25 per common share payable Sept 29, 2023; preferred dividend $0.3125 per depositary share.

## SEC filing metadata
- accession: 0001025835-23-000067
- form_type: 8-K
- ticker: EFSC
- cik: 0001025835
- company_name: ENTERPRISE FINANCIAL SERVICES CORP
- filed_at: 2023-07-24T23:59:59+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/1025835/000102583523000067/0001025835-23-000067-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000067/efsc-20230724.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025835-23-000067
- JSON: https://secwatch.observer/filing/0001025835-23-000067.json
- Plain text: https://secwatch.observer/filing/0001025835-23-000067.txt

## Key facts
- Earnings Releases
  ENTERPRISE FINANCIAL SERVICES CORP reported the quarter ended June 30, 2023 results: net income $49.1 million, EPS $1.29 per diluted common share.
  - Period: the quarter ended June 30, 2023
  - Net income: $49.1 million
  - EPS: $1.29 per diluted common share
  - Result: reported results
  source text: Second Quarter Results • Net income of $49.1 million, $1.29 per diluted common share
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000067/0001025835-23-000067-index.htm

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