---
schema_version: "secwatch.filing_event.v1"
accession: "0001025835-24-000003"
form_type: "8-K"
ticker: "EFSC"
cik: "0001025835"
company_name: "ENTERPRISE FINANCIAL SERVICES CORP"
filed_at: "2024-01-22T23:59:59+00:00"
generated_at: "2026-06-06T20:27:04.315124+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# EFSC Q4 net income $44.5M, EPS $1.16; charge-offs spike, NIM tightens

## Summary
- Q4 net income $44.5M ($1.16 diluted EPS); adjusted EPS $1.21 excluding $2.4M FDIC assessment.
- Net interest margin 4.23%, down 10 bps from linked quarter; net interest income $140.7M.
- Net charge-offs 0.37% of avg loans in 2023 vs 0.04% in 2022; Q4 provision $18.1M vs $8.0M linked.
- Total loans $10.9B (+10% annualized); deposits $12.2B; tangible book value $33.85 (+9% QoQ).
- Quarterly dividend $0.25 per common share, payable March 29, 2024; record March 15.

## SEC filing metadata
- accession: 0001025835-24-000003
- form_type: 8-K
- ticker: EFSC
- cik: 0001025835
- company_name: ENTERPRISE FINANCIAL SERVICES CORP
- filed_at: 2024-01-22T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- 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/1025835/000102583524000003/0001025835-24-000003-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1025835/000102583524000003/efsc-20240122.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001025835-24-000003
- JSON: https://secwatch.observer/filing/0001025835-24-000003.json
- Plain text: https://secwatch.observer/filing/0001025835-24-000003.txt

## Key facts
- Earnings Releases
  ENTERPRISE FINANCIAL SERVICES CORP reported 2023 results: net income Net income of $194.1 million, EPS $5.07 per diluted common share.
  - Period: 2023
  - Net income: Net income of $194.1 million
  - EPS: $5.07 per diluted common share
  - Result: reported results
  source text: Full-Year Highlights For 2023, net income was $194.1 million, or $5.07 per diluted share, compared to $203.0 million, or $5.31 per diluted share, in 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025835/000102583524000003/0001025835-24-000003-index.htm
- Earnings Releases
  ENTERPRISE FINANCIAL SERVICES CORP reported the quarter ended December 31, 2023 results: net income Net income of $44.5 million, EPS $1.16 per diluted common share.
  - Period: the quarter ended December 31, 2023
  - Net income: Net income of $44.5 million
  - EPS: $1.16 per diluted common share
  - Result: reported results
  source text: On January 22, 2024, Enterprise Financial Services Corp (the "Company" or "EFSC") issued a press release announcing financial information for the quarter ended December 31, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1025835/000102583524000003/0001025835-24-000003-index.htm

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