---
schema_version: "secwatch.filing_event.v1"
accession: "0001025835-23-000081"
form_type: "8-K"
ticker: "EFSC"
cik: "0001025835"
company_name: "ENTERPRISE FINANCIAL SERVICES CORP"
filed_at: "2023-10-23T23:59:59+00:00"
generated_at: "2026-06-09T16:07:03.986063+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Enterprise Financial Q3 net income $44.7M ($1.17 EPS), down 11% QoQ; NIM contracts 16 bps to 4.33%

## Summary
- Net income of $44.7M ($1.17 diluted EPS) vs $49.2M ($1.29) linked quarter and $50.2M ($1.32) prior year.
- Net interest margin 4.33%, down 16 bps QoQ; net interest income $141.6M, up $0.9M QoQ.
- Nonperforming assets jumped to $55.9M (0.40% of assets) from $16.1M (0.12%) linked quarter; provision $8.0M, net charge-offs $6.9M.
- Total loans $10.6B (+$104.2M QoQ); deposits $11.9B (+$290M QoQ); noninterest-bearing deposits 32.3% of total.
- Quarterly dividend of $0.25 per common share declared, payable Dec 29, 2023.

## SEC filing metadata
- accession: 0001025835-23-000081
- form_type: 8-K
- ticker: EFSC
- cik: 0001025835
- company_name: ENTERPRISE FINANCIAL SERVICES CORP
- filed_at: 2023-10-23T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000081/0001025835-23-000081-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000081/efsc-20231023.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025835-23-000081
- JSON: https://secwatch.observer/filing/0001025835-23-000081.json
- Plain text: https://secwatch.observer/filing/0001025835-23-000081.txt

## Key facts
- Earnings Releases
  ENTERPRISE FINANCIAL SERVICES CORP reported the quarter ended September 30, 2023 results: net income $44.7 million, EPS $1.17 per diluted common share.
  - Period: the quarter ended September 30, 2023
  - Net income: $44.7 million
  - EPS: $1.17 per diluted common share
  - Result: reported results
  source text: On October 23, 2023, Enterprise Financial Services Corp (the "Company" or "EFSC") issued a press release announcing financial information for the quarter ended September 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025835/000102583523000081/0001025835-23-000081-index.htm

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