EFSCP ENTERPRISE FINANCIAL SERVICES CORP

NEUTRAL Impact: 3/10 8-K
Horizon days Filed Jun 9, 2026 Processed 4d ago SEC 0001025835-26-000119
8-K context-dependent: Items 8.01

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Executive Summary

Enterprise Financial Services Corp filed an 8-K with an investor presentation covering 1Q26 results, post-quarter-end securities repositioning, share repurchases, and Fed membership transition. The filing is routine and contains no material new financial information beyond previously reported quarter-end data.

Actionable Insight

Monitor upcoming 10-Q for further detail on credit trends (SoCal CRE resolution) and the impact of the securities repositioning on NIM going forward. The Fed membership transition may signal a strategic regulatory shift that is worth tracking over subsequent filings.

Key Facts

  • Net income 1Q26 was $49.4M, down $5.4M from linked quarter; diluted EPS $1.30
  • Loans of $11.7B decreased $107.6M QoQ; deposits of $14.5B decreased $84.9M
  • NIM stable at 4.28%; ROAA 1.16%, PPNR ROAA 1.65%
  • Post-quarter-end: $179M AFS securities repositioning generated ~$6M pre-tax loss, offset by ~$4.4M gains on real estate/Visa stock sale; expected to add ~$0.07 to EPS annually
  • Post-quarter-end: ~300,000 shares repurchased at $59.41 for ~$17.8M; 331,000 shares remain under authorization
  • Enterprise Bank & Trust became a member of the Federal Reserve System post-quarter-end
  • Kroll rate preferred stock BBB- with stable outlook

Financial Impact

None — this is an investor relations presentation that does not disclose new material financial information beyond previously reported 1Q26 results.

Risk Factors

  • Credit risk from the $73M Southern California CRE relationship currently in OREO — resolution path with 4 properties under contract expected at carrying value
  • Interest rate sensitivity: -200 bps parallel shock would reduce NII by 6.7% over 12 months

Market Snapshot

Exchange
Nasdaq
Sector
State Commercial Banks
Analyst Consensus
82% bullish (11 analysts)

Documents Analyzed

This report is based on 5 SEC documents filed with EDGAR.

DocumentAccession Number
8-K Filing (Primary)0001025835-26-000119
Document: efsc-20260609.htm0001025835-26-000119
Document: 0001025835-26-000119-index-headers.html0001025835-26-000119
Document: 0001025835-26-000119-index.html0001025835-26-000119
Document: 0001025835-26-000119.txt0001025835-26-000119
2 reports for EFSCP
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Type Now
Jun 9, 2026
4d ago
8-K
NEUTRAL ★ 3/10
$20.34 awaiting T+20awaiting T+20$20.25 (−0.42%)
Apr 22, 2026
7w ago
8-K
BEARISH ★ 6/10
$19.79 $20.70▼ −4.60%▲ +0.04%$20.25 (−2.32%)
Showing 2 of 2

US Market Status

Market Closed — Opens Mon (47h 33m)

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