secwatch.observer — SEC 8-K summary
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Issuer:     ENTERPRISE FINANCIAL SERVICES CORP (EFSC)
CIK:        0001025835
Form:       8-K
Filed at:   2026-07-22T20:05:24+00:00
Accession:  0001025835-26-000141
Event type: earnings
Sentiment:  negative
Materiality: 0.75
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

EFSC Q2 net income $40.9M ($1.09 EPS) down 16% QoQ; credit costs rise
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- Net income $40.9M, diluted EPS $1.09 vs $1.30 linked and $1.36 prior year; adjusted EPS $1.13.
- Net interest margin 4.30% (+2 bps QoQ); net interest income $168.7M (+$2.6M QoQ).
- Provision for credit losses $14.2M (up from $7.2M linked); net charge-offs $13.6M (46 bps annualized) driven by two accounts.
- Nonperforming assets to total assets 0.92% (up from 0.87% linked); allowance to loans 1.17%.
- Board authorized repurchase of up to 2M additional shares (~5% of outstanding); quarterly dividend raised $0.01 to $0.35.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1025835/000102583526000141/0001025835-26-000141-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1025835/000102583526000141/efsc-20260720.htm
  HTML page:      https://secwatch.observer/filing/0001025835-26-000141

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