Enterprise Financial Services: Fourth Quarter Earnings Overview

Enterprise Financial Services Corp. Announces Q4 Financial Results

Enterprise Financial Services Corp., headquartered in Clayton, Missouri, disclosed its financial performance for the fourth quarter on Monday, reporting a net income of $54.8 million.

The company achieved earnings of $1.45 per share during the quarter. After adjusting for one-time items, earnings stood at $1.36 per share.

These adjusted earnings fell slightly short of analysts’ projections, as a consensus of four analysts polled by Zacks Investment Research had anticipated $1.37 per share.

During the quarter, the financial institution generated $257.7 million in total revenue. After accounting for interest expenses, net revenue reached $193.6 million, surpassing analysts’ expectations.

For the full year, Enterprise Financial Services Corp. reported a total profit of $201.4 million, translating to $5.31 per share, with annual revenue totaling $739.9 million.

Financial data for this article was provided by Zacks Investment Research and processed by Automated Insights.