NASDAQ$EFSC

Enterprise Financial Services Corp · Q2 2020 earnings

Q2 2020 earnings · · Investor relations

Briefing

Reported a net income for Q2 2020

Enterprise Financial Services Corp reported a net income of $14.6 million for the second quarter 2020, an increase of $1.8 million compared to the linked first quarter and a decrease of $3.8 million from the prior year quarter. Earnings per diluted share was $0.56 for the second quarter 2020, compared to $0.48 and $0.68 for the linked and prior year quarters, respectively.

  • Net income of $14.6 million, $0.56 per diluted share, including the impact of provision for credit losses of $0.56 per share
  • Net interest margin (tax equivalent) of 3.53%
  • Return on average assets of 0.72%
  • Maintained dividend of $0.18 per share for third quarter

Headline financials

Total Revenue

$75.8M

Previous: $73.7M+2.9%
EPS (adj)

$0.56

Previous: $0.98-42.9%
ROAA

0.7%

No prior period
Net interest margin

3.5%

No prior period
Allowance to loans

1.8%

No prior period
CET1 Capital Ratio

9.9%

No prior period
Total Capital Ratio

14.4%

No prior period
Capital Expenditures

-$1.53M

Previous: -$2.24M+31.5%
Free Cash Flow

$13.1M

Previous: $16.2M-19.1%
Net Income

$14.6M

Previous: $18.4M-20.6%
Operating Income

$55.9M

Previous: $46.5M+20.2%
Gross Profit

$75.8M

Previous: $73.7M+2.9%
Cash & Equivalents

$346M

Previous: $189M+82.9%
Total Assets

$8.36B

Previous: $7.18B+16.4%
Stock-Based Comp

$1.07M

Previous: $986K+8.4%

Revenue & EPS history

Enterprise Financial · Revenue · Quarterly

$75.8M

Q2 2020+2.9%vs Q2 2019
Beat estimate in 12 of 16 quarters(75%)
ActualEstimate

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 Q2 2020

Historical avgQ2 2020

+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

Earnings price reactions
QuarterReport dateReaction (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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