NasdaqGS:EFSCBanks
Does EFSC’s Strong Q3 Loan and Deposit Growth Change The Bull Case For Enterprise Financial Services?
Enterprise Financial Services Corp has already released its latest quarterly results and highlighted a solid third quarter, with loan growth returning to an annualized 6% and deposit growth running even higher, supported by its acquisition of 12 branches adding about US$650,000,000 in deposits and US$300,000,000 in loans.
Analysts had expected around US$187,100,000 in quarterly revenue and earnings of roughly US$1.36–US$1.37 per share, and their largely unchanged estimates ahead of the...