secwatch.observer — SEC 8-K summary
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Issuer:     ENTERPRISE FINANCIAL SERVICES CORP (EFSC)
CIK:        0001025835
Form:       8-K
Filed at:   2024-10-21T23:59:59+00:00
Accession:  0001025835-24-000090
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EFSC Q3 2024 net income $50.6M, EPS $1.32, up 11% linked; dividend raised to $0.28
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- Net income $50.6M ($1.32 diluted EPS) vs $1.19 linked and $1.17 prior year quarter.
- Net interest margin 4.17% (down 2 bps QoQ); net interest income $143.5M (+$2.9M linked).
- Loans $11.1B (+$79.9M), deposits $12.5B (+$182.9M); nonperforming assets 0.22% (down from 0.33%).
- Tangible book value $37.26 (+25% annualized QoQ); ROATCE 14.55%; capital ratios well above well-capitalized.
- Quarterly dividend increased $0.01 to $0.28; 195,114 shares repurchased during Q3.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025835/000102583524000090/0001025835-24-000090-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025835/000102583524000090/efsc-20241021.htm
  HTML page:      https://secwatch.observer/filing/0001025835-24-000090

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer