NASDAQ$EFSC
Enterprise Financial Services Corp · Q1 2024 earnings
Q1 2024 earnings · · Investor relations
Briefing
Enterprise Financial's first quarter results were reported as fundamentally sound with a good start to 2024.
Enterprise Financial Services Corp reported a net income of $40.4 million, or $1.05 per diluted common share, for the first quarter of 2024. The company's ROAA was 1.12%, and the tangible common equity to tangible assets ratio grew to over 9%. Customer activity remained robust, with strong loan and deposit pipelines.
- Net income was $40.4 million, or $1.05 per diluted common share.
- Net interest margin was 4.13%, a quarterly decrease of 10 basis points.
- Total loans reached $11.0 billion, a quarterly increase of $144.4 million.
- Total deposits amounted to $12.3 billion, a quarterly increase of $77.3 million.
Headline financials
Revenue & EPS history
Enterprise Financial · Revenue · Quarterly
$150M
Forward guidance
The company is optimistic for the remainder of the year.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q1 2024
+0.9%
Avg return
Earnings day
+1.6%
Avg return
5 days after
+3.9%
Avg return
30 days after
60%
39 / 65 earnings
Positive
+12.9%
Q2 2024
Best reaction
-7.5%
Q3 2018
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +0.2% | +3.2% | +5.6% | |
| Q4 2025 | +2.0% | +2.6% | +5.5% | |
| Q3 2025 | -1.9% | -4.6% | +0.2% | |
| Q2 2025 | -1.1% | -0.5% | +5.2% | |
| Q1 2025 | +0.7% | +2.5% | +2.5% | |
| Q4 2024 | +4.3% | +4.0% | +1.7% | |
| Q3 2024 | -0.2% | -2.7% | +10.7% | |
| Q2 2024 | +12.9% | +13.7% | +5.1% | |
| Q1 2024 | -1.2% | -2.2% | -1.0% | |
| Q4 2023 | -1.6% | -1.6% | -5.5% | |
| Q3 2023 | -5.8% | -3.0% | +7.4% | |
| Q2 2023 | -4.4% | -3.2% | -8.5% | |
| Q1 2023 | -2.6% | -1.3% | -4.7% | |
| Q4 2022 | +8.0% | +6.5% | +12.4% | |
| Q3 2022 | +5.7% | +10.7% | +9.4% | |
| Q2 2022 | +2.7% | +9.8% | +10.2% | |
| Q1 2022 | -3.2% | -5.5% | -3.1% | |
| Q4 2021 | +4.0% | +4.4% | +4.5% | |
| Q3 2021 | -4.4% | -2.9% | +0.2% | |
| Q2 2021 | +2.1% | +5.0% | +6.8% | |
| Q1 2021 | -3.4% | -2.0% | -1.8% | |
| Q4 2020 | +0.4% | -5.1% | +17.8% | |
| Q3 2020 | -3.7% | +0.7% | +13.1% | |
| Q2 2020 | +5.8% | +3.6% | +6.7% | |
| Q1 2020 | -1.9% | -0.0% | -2.2% | |
| Q4 2019 | -3.4% | -5.7% | -7.2% | |
| Q3 2019 | +5.4% | +6.4% | +8.0% | |
| Q2 2019 | +4.6% | +7.3% | -2.6% | |
| Q1 2019 | -3.3% | -2.8% | -5.6% | |
| Q4 2018 | +5.2% | +12.5% | +12.8% | |
| Q3 2018 | -7.5% | -10.4% | -6.7% | |
| Q2 2018 | +1.2% | +1.5% | +2.9% | |
| Q1 2018 | +2.9% | +5.2% | +13.2% | |
| Q4 2017 | +1.0% | +2.0% | +0.4% | |
| Q3 2017 | +0.1% | +3.5% | +1.4% | |
| Q2 2017 | -0.5% | -1.9% | -4.7% | |
| Q1 2017 | +1.7% | -0.4% | -3.1% | |
| Q4 2016 | +2.3% | +9.2% | +18.3% | |
| Q3 2016 | -0.3% | +0.9% | +21.2% | |
| Q2 2016 | +4.1% | +3.9% | +10.2% | |
| Q1 2016 | +0.5% | — | — | |
| Q4 2015 | +7.7% | — | — | |
| Q3 2015 | +11.6% | — | — | |
| Q2 2015 | +0.8% | — | — | |
| Q1 2015 | +0.9% | — | — | |
| Q4 2014 | +4.7% | — | — | |
| Q3 2014 | +1.3% | — | — | |
| Q2 2014 | -0.6% | — | — | |
| Q1 2014 | -5.4% | — | — | |
| Q4 2013 | -4.4% | — | — | |
| Q3 2013 | +3.3% | — | — | |
| Q2 2013 | +4.9% | — | — | |
| Q1 2013 | +4.1% | — | — | |
| Q4 2012 | -5.8% | — | — | |
| Q3 2012 | +1.0% | — | — | |
| Q2 2012 | -3.3% | — | — | |
| Q1 2011 | +0.2% | — | — | |
| Q4 2009 | +7.0% | — | — | |
| Q4 2011 | +7.0% | — | — | |
| Q1 2012 | +7.0% | — | — | |
| Q3 2011 | -4.6% | — | — | |
| Q3 2010 | -4.6% | — | — | |
| Q2 2011 | +1.1% | — | — | |
| Q2 2010 | +0.8% | — | — | |
| Q1 2010 | -0.2% | — | — |
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