ENTERPRISE FINANCIAL SERVICES CORP EFSC
Enterprise Financial Services Corp, headquartered in Clayton, Missouri, is a financial holding company incorporated under Delaware law in December 1994. EFSC is the holding company for Enterprise Bank & Trust, a full-service financial institution offering banking and wealth management services to individuals and corporate clients primarily located in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico, in addition to loan and deposit production offices throughout the United States. Our executive offices are located at 150 North Meramec Avenue, Clayton, Missouri 63105, and our telephone number is (314) 725-5500.
Our stated mission is "Guiding people to a lifetime of financial success." We have established an accompanying corporate vision, "To be a company where our associates are proud to work, that delivers ease of navigation to our clients and value to our investors, while helping our communities flourish." These tenets are fundamental to our business strategies and operations.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $888.4M | $851.1M | $764.9M | $515.1M | $383.2M | $304.8M | $305.1M | $237.8M | $202.5M | $149.2M |
| Interest expense | $626.7M | $568.1M | $562.6M | $41.2M | $23.0M | $34.8M | $66.4M | $45.9M | $25.2M | $13.7M |
| Pre-tax income | $283.7M | $231.2M | $246.5M | $259.5M | $168.6M | $91.9M | $116.0M | $104.6M | $86.5M | $74.8M |
| Income tax | $82.3M | $46.0M | $52.5M | $56.4M | $35.6M | $17.6M | $23.3M | $15.4M | $38.3M | $26.0M |
| Net income | $201.4M | $185.3M | $194.1M | $203.0M | $133.1M | $74.4M | $92.7M | $89.2M | $48.2M | $48.8M |
| EPS, basic | 5.34 | 4.86 | 5.09 | 5.32 | 3.86 | 2.76 | 3.56 | 3.86 | 2.10 | 2.44 |
| EPS, diluted | 5.31 | 4.83 | 5.07 | 5.31 | 3.86 | 2.76 | 3.55 | 3.83 | 2.07 | 2.41 |
| Shares, diluted (wtd. avg.) | $37.2M | $37.6M | $37.5M | $37.5M | $34.5M | $27.0M | $26.2M | $23.3M | $23.2M | $20.3M |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $681.9M | $764.2M | $433.0M | $291.4M | $2.02B | $537.7M | $167.3M | $196.6M | $153.3M | $198.8M |
| Property, plant and equipment | $59.0M | $45.0M | $42.7M | $43.0M | $47.9M | $53.2M | $60.0M | $32.1M | $32.6M | $14.9M |
| Goodwill | $417.0M | $365.2M | $365.2M | $365.2M | $365.2M | $260.6M | $210.3M | $117.3M | $117.3M | $30.3M |
| Other intangibles | $21.2M | $8.5M | $12.3M | $16.9M | $22.3M | $23.1M | $26.1M | $8.6M | $11.1M | $2.2M |
| Total assets | $17.30B | $15.60B | $14.52B | $13.05B | $13.54B | $9.75B | $7.33B | $5.65B | $5.29B | $4.08B |
| Total liabilities | $15.26B | $13.77B | $12.80B | $11.53B | $12.01B | $8.67B | $6.47B | $5.04B | $4.74B | $3.69B |
| Retained earnings | $1.02B | $877.6M | $749.5M | $597.6M | $492.7M | $417.2M | $380.7M | $304.6M | $225.4M | $182.2M |
| Total equity | $2.04B | $1.82B | $1.72B | $1.52B | $1.53B | $1.08B | $867.2M | $603.8M | $548.6M | $387.1M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $193.5M | $247.4M | $268.2M | $216.6M | $160.6M | $135.5M | $92.5M | $108.8M | $45.8M | $82.5M |
| Depreciation and amortisation | $6.8M | $5.1M | $5.1M | $5.6M | $6.1M | $6.2M | $5.7M | $3.5M | $3.3M | $2.4M |
| Stock-based compensation | $13.5M | $10.9M | $10.1M | $8.0M | $6.0M | $4.2M | $4.0M | $3.5M | $3.4M | $3.4M |
| Capital expenditure | $12.0M | $7.5M | $6.6M | $1.9M | $2.5M | $2.3M | $6.3M | $3.0M | $2.5M | $2.5M |
| Investing cash flow | -$1.08B | -$796.9M | -$1.31B | -$1.38B | -$23.1M | -$702.8M | -$378.5M | -$331.6M | -$312.4M | -$358.1M |
| Financing cash flow | $803.2M | $880.6M | $1.18B | -$563.2M | $1.35B | $937.8M | $256.8M | $266.0M | $221.2M | $380.2M |
| Dividends paid | $45.1M | $39.5M | $37.4M | $33.6M | $26.2M | $19.8M | $16.6M | $10.8M | $10.2M | $8.2M |
| Buybacks | $14.1M | $29.6M | $0 | $32.9M | $60.6M | $15.3M | $15.5M | $19.4M | $16.6M | $4.9M |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001025835-26-000058.
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|---|---|---|---|---|
| BNY | Bank of New York Mellon Corp | $111.84B | 22.3x | 7.8% |
| STT | STATE STREET CORP | $53.36B | 20.7x | 7.3% |
| FITB | FIFTH THIRD BANCORP | $49.76B | 15.5x | -5.0% |
| MTB | M&T BANK CORP | $34.64B | 14.1x | 7.5% |
| NTRS | NORTHERN TRUST CORP | $34.15B | 21.4x | 6.1% |
| CFG | CITIZENS FINANCIAL GROUP INC/RI | $29.81B | 18.3x | 6.7% |
| FCNCA | FIRST CITIZENS BANCSHARES INC /DE/ | $25.48B | 13.4x | -2.2% |
| EWBC | EAST WEST BANCORP INC | $17.92B | 13.7x | 2.4% |