Enterprise Financial Services (EFSC) Misses Q3 EPS by 23c

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Enterprise Financial Reports Third Quarter 2020 Results

October 19, 2020 4:03 PM EDT

Third Quarter Results

Net income of $18.0 million, $0.68 per diluted share, including the impact of provision for credit losses of $0.40 per share Net interest margin (tax equivalent) of 3.29% Return on average assets of 0.86% Maintained dividend of $0.18 per share for fourth quarter Received Federal Reserve and FDIC approval for announced acquisition of Seacoast Commerce Banc Holdings (Seacoast) and Seacoast Commerce Bank

ST. LOUIS--(BUSINESS WIRE)-- Enterprise Financial Services Corp (Nasdaq: EFSC) (the Company or EFSC) reported net income of $18.0... More