EFSC

MKT CAP:$2B

Enterprise Financial Services Corp

Market Cap

$2B

Financial Services·Banks - Regional·🇺🇸 United States·NASDAQ

Financials·Banks - Regional·🇺🇸·NASDAQ

Stock Price

$58.83+$4.78 (+8.84%)

Apr 24, 2026

Company Details

Enterprise Financial Services Corp operates as the financial holding company for Enterprise Bank & Trust that offers banking and wealth management services to individuals and corporate customers. The company offers checking, savings, and mo...

CEO

James Brian Lally

IPO Date

Jul 15, 2003

Website

www.enterprisebank.com

Key Metrics TTM

Revenue

$955M

+17.0% YoY

Net Income

$201M

EPS (Diluted)

$5.30

Free Cash Flow

$182M

Revenue / Share

$25.70

Gross Margin

70.2%

Operating Margin

29.9%

Net Margin

21.0%

FCF Margin

19.0%

P/S

2.3x

P/E

10.8x

Earnings Reports

Q1 2026

Mar 30, 2026

$244M+21.1%EPS $1.30

FY 2025

Feb 27, 2026

$912M+12.0%EPS $5.31

Q4 2025

Feb 27, 2026

$258M+25.7%EPS $1.45

Q3 2025

Oct 31, 2025

$244M+16.9%EPS $1.19

Q2 2025

Aug 1, 2025

$209M+4.0%EPS $1.36

Revenue & Profitability

Quarter	Revenue	Gross Profit	Operating Income
Q2 22	$121M	$114M	$58M
Q3 22	$139M	$127M	$64M
Q4 22	$157M	$137M	$76M
Q1 23	$169M	$136M	$71M
Q2 23	$183M	$129M	$63M
Q3 23	$193M	$125M	$57M
Q4 23	$199M	$114M	$56M
Q1 24	$200M	$124M	$51M
Q2 24	$201M	$125M	$57M
Q3 24	$208M	$132M	$63M
Q4 24	$205M	$129M	$61M
Q1 25	$202M	$132M	$61M
Q2 25	$209M	$140M	$64M
Q3 25	$244M	$168M	$89M
Q4 25	$258M	$184M	$70M
Q1 26	$244M	$178M	$63M

Valuation

Quarter	P/S	P/E
Q2 22	3.4x	10.1x
Q3 22	3.4x	8.6x
Q4 22	3.5x	9.1x
Q1 23	2.8x	7.9x
Q2 23	2.3x	6.9x
Q3 23	2.0x	6.6x
Q4 23	2.3x	8.7x
Q1 24	1.9x	8.2x
Q2 24	1.9x	8.6x
Q3 24	2.4x	10.6x
Q4 24	2.6x	11.4x
Q1 25	2.4x	10.2x
Q2 25	2.5x	10.1x
Q3 25	2.5x	11.1x
Q4 25	2.2x	10.1x
Q1 26	2.1x	9.9x

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 22	$50M	$49M
Q2 22	$65M	$64M
Q3 22	$73M	$73M
Q4 22	$29M	$28M
Q1 23	$69M	$68M
Q2 23	$71M	$70M
Q3 23	$49M	$49M
Q4 23	$79M	$75M
Q1 24	$30M	$27M
Q2 24	$77M	$75M
Q3 24	$89M	$88M
Q4 24	$52M	$50M
Q1 25	$40M	$36M
Q2 25	$61M	$59M
Q3 25	$49M	$47M
Q4 25	$43M	$40M

Capital Expenditures

Quarter	CapEx
Q1 22	$457.0K
Q2 22	$547.0K
Q3 22	$317.0K
Q4 22	$609.0K
Q1 23	$681.0K
Q2 23	$922.0K
Q3 23	$590.0K
Q4 23	$4M
Q1 24	$3M
Q2 24	$2M
Q3 24	$853.0K
Q4 24	$2M
Q1 25	$4M
Q2 25	$2M
Q3 25	$2M
Q4 25	$3M

CapEx

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q2 22	+24.3%	+28.7%
Q3 22	+24.3%	-19.9%
Q4 22	+32.2%	+48.9%
Q1 23	+45.3%	+76.8%
Q2 23	+51.6%	+91.1%
Q3 23	+38.2%	+80.4%
Q4 23	+26.4%	+77.4%
Q1 24	+17.8%	+51.7%
Q2 24	+10.0%	+19.8%
Q3 24	+8.3%	+7.5%
Q4 24	+3.3%	+1.0%
Q1 25	+1.0%	-5.7%
Q2 25	+4.0%	+0.8%
Q3 25	+16.9%	+6.4%
Q4 25	+25.7%	+30.1%
Q1 26	+21.1%	+29.0%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 22	$2M	1.4%
Q2 22	$2M	1.8%
Q3 22	$2M	1.5%
Q4 22	$2M	1.3%
Q1 23	$2M	1.5%
Q2 23	$3M	1.5%
Q3 23	$3M	1.4%
Q4 23	$2M	1.2%
Q1 24	$2M	1.2%
Q2 24	$3M	1.3%
Q3 24	$3M	1.2%
Q4 24	$3M	1.6%
Q1 25	$3M	1.6%
Q2 25	$3M	1.5%
Q3 25	$3M	1.2%
Q4 25	$4M	1.7%

OpEx Breakdown

Quarter	G&A
Q2 22	$38M
Q3 22	$39M
Q4 22	$30M
Q1 23	$45M
Q2 23	$44M
Q3 23	$44M
Q4 23	$45M
Q1 24	$49M
Q2 24	$48M
Q3 24	$49M
Q4 24	$51M
Q1 25	$51M
Q2 25	$2M
Q3 25	$53M
Q4 25	$50M
Q1 26	$62M

War Chest

Quarter	Cash	Short-term Investments	Total
Q2 22	$951M	$1.5B	$2.4B
Q3 22	$753M	$1.5B	$2.2B
Q4 22	$298M	$1.5B	$1.8B
Q1 23	$289M	$1.6B	$1.8B
Q2 23	$327M	$1.6B	$1.9B
Q3 23	$373M	$1.5B	$1.9B
Q4 23	$434M	$1.6B	$2.1B
Q1 24	$373M	$1.6B	$2.0B
Q2 24	$394M	$1.6B	$2.0B
Q3 24	$427M	$1.8B	$2.2B
Q4 24	$760M	$115M	$875M
Q1 25	$475M	$1.3B	$1.8B
Q2 25	$481M	$1.5B	$2.0B
Q3 25	$470M	$1.7B	$2.1B
Q4 25	$208M	$6M	$214M
Q1 26	$259M	$0	$259M

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change	YoY Change
Q2 22	37M	-1.5%	+19.1%
Q3 22	37M	+0.2%	+1.1%
Q4 22	37M	+0.2%	-2.3%
Q1 23	37M	+0.2%	-1.0%
Q2 23	37M	+0.0%	+0.6%
Q3 23	38M	+0.1%	+0.5%
Q4 23	38M	+0.1%	+0.4%
Q1 24	38M	+0.1%	+0.3%
Q2 24	38M	-0.2%	+0.1%
Q3 24	37M	-0.2%	-0.1%
Q4 24	37M	-0.1%	-0.3%
Q1 25	37M	-0.4%	-0.8%
Q2 25	37M	0.0%	-0.7%
Q3 25	37M	0.0%	-0.5%
Q4 25	37M	0.0%	-0.4%
Q1 26	37M	-0.4%	-0.4%

Shares Outstanding

Revenue Per Employee

Period	Revenue/Employee	Employees
Q2 22	$116.9K	1K
Q3 22	$135.0K	1K
Q4 22	$152.2K	1K
Q1 23	$164.2K	1K
Q2 23	$177.3K	1K
Q3 23	$186.6K	1K
Q4 23	$192.4K	1K
Q1 24	$193.5K	1K
Q2 24	$195.0K	1K
Q3 24	$202.0K	1K
Q4 24	$198.6K	1K
Q1 25	$195.4K	1K
Q2 25	$202.9K	1K
Q3 25	$236.2K	1K
Q4 25	$249.7K	1K
Q1 26	$236.6K	1K

Revenue / Employee