Enterprise Financial Services: Q3 Earnings Snapshot
By AP News
Published - Oct 21, 2024, 04:15 PM ET
Last Updated - Dec 16, 2024, 06:09 PM EST
CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Enterprise Financial Services Corp. (EFSC) on Monday reported third-quarter net income of $50.6 million.
The Clayton, Missouri-based bank said it had earnings of $1.32 per share. Earnings, adjusted for non-recurring gains, came to $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The financial holding company posted revenue of $237.7 million in the period. Its revenue net of interest expense was $164.9 million, also exceeding Street forecasts.
