Enterprise Financial Services Corp (EFSC)

EFSC Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Interest Income on Loans	765.69	687.85	456.01	348.62	270.24	269.41
Interest Income on Investments	77.07	77.07	59.08	34.62	34.54	35.73
Total Interest Income	842.75	764.92	515.08	383.23	304.78	305.13
Interest Paid on Deposits	261.69	183.72	30.16	10.67	21.05	49.86
Interest Paid on Borrowings	18.6	18.6	11.02	12.37	13.73	16.56
Total Interest Expense	280.3	202.33	41.18	23.04	34.78	66.42
Net Interest Income	562.46	562.59	473.9	360.19	270	238.72
Net Interest Income Growth (YoY)	0.31%	18.71%	31.57%	33.40%	13.11%	24.39%
Trust Income	10.16	10.03	10.01	10.26	9.73	9.93
Gain (Loss) on Sale of Investments	0.6	0.6	-	-	0.42	0.24
Other Non-Interest Income	33.19	32.34	28.27	34.03	26.02	20.81
Total Non-Interest Income	61.9	59.53	56.6	59.72	47.89	43.78
Non-Interest Income Growth (YoY)	6.27%	5.17%	-5.21%	24.69%	9.38%	14.89%
Revenues Before Loan Losses	624.36	622.12	530.51	419.91	317.89	282.5
Provision for Loan Losses	32.73	36.61	-0.61	13.39	65.4	6.37
Revenue	591.63	585.52	531.12	406.52	252.5	276.13
Revenue Growth (YoY)	-1.11%	10.24%	30.65%	61.00%	-8.56%	23.62%
Salaries and Employee Benefits	164.65	154.42	139.02	118.89	88.11	77.26
Federal Deposit Insurance	0.63	-	-	-	-	-
Selling, General & Administrative	48.27	47.59	46.24	38.83	30.63	28.42
Other Non-Interest Expense	151.96	136.98	86.4	54.65	37.64	36.44
Total Non-Interest Expense	365.5	338.99	271.66	212.37	156.37	142.12
EBT Excluding Unusual Items	226.13	246.53	259.46	194.16	96.12	134.01
Pretax Income	226.13	246.53	259.46	168.63	91.95	116.04
Income Tax Expense	45.17	52.47	56.42	35.58	17.56	23.3
Net Income	180.96	194.06	203.04	133.06	74.38	92.74
Preferred Dividends & Other Adjustments	3.75	3.75	4.04	-	-	-
Net Income to Common	177.21	190.31	199	133.06	74.38	92.74
Net Income Growth	-13.64%	-4.42%	52.60%	78.88%	-19.79%	3.95%
Basic Shares Outstanding	37	37	37	34	27	26
Diluted Shares Outstanding	38	38	38	34	27	26
Shares Change (YoY)	0.09%	0.02%	8.71%	27.82%	3.17%	12.32%
EPS (Basic)	4.73	5.09	5.32	3.86	2.76	3.56
EPS (Diluted)	4.72	5.07	5.31	3.86	2.76	3.55
EPS Growth	-14.03%	-4.52%	37.56%	39.87%	-22.26%	-7.31%
Dividend Per Share	1.030	1.000	0.900	0.750	0.720	0.620
Dividend Growth	4.04%	11.11%	20.00%	4.17%	16.13%	31.91%
Effective Tax Rate	19.97%	21.28%	21.74%	21.10%	19.10%	20.08%

Source: S&P Capital IQ. Banks template. Financial Sources.