Upcoming Dividend • Jun 08
Upcoming dividend of US$0.34 per share Eligible shareholders must have bought the stock before 15 June 2026. Payment date: 30 June 2026. Payout ratio is a comfortable 24% and this is well supported by cash flows. Trailing yield: 2.2%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (4.6%). Declared Dividend • May 20
First quarter dividend of US$0.34 announced Shareholders will receive a dividend of US$0.34. Ex-date: 15th June 2026 Payment date: 30th June 2026 Dividend yield will be 2.3%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 5.6% over the next year, which should provide support to the dividend and adequate earnings cover. Announcement • Apr 09
Enterprise Financial Services Corp to Report Q1, 2026 Results on Apr 22, 2026 Enterprise Financial Services Corp announced that they will report Q1, 2026 results on Apr 22, 2026 Announcement • Apr 02
Enterprise Financial Services Corp, Annual General Meeting, May 13, 2026 Enterprise Financial Services Corp, Annual General Meeting, May 13, 2026. Announcement • Jan 27
Enterprise Financial Services Corp Declares Quarterly Dividend, Payable on March 31, 2026 Enterprise Financial Services Corp. Board of Directors approved a quarterly dividend of $0.33 per common share, payable on March 31, 2026 to stockholders of record as of March 13, 2026. Announcement • Jan 10
Enterprise Financial Services Corp to Report Q4, 2025 Results on Jan 26, 2026 Enterprise Financial Services Corp announced that they will report Q4, 2025 results on Jan 26, 2026 Announcement • Oct 04
Enterprise Financial Services Corp to Report Q3, 2025 Results on Oct 27, 2025 Enterprise Financial Services Corp announced that they will report Q3, 2025 results on Oct 27, 2025 Announcement • Oct 03
Enterprise Financial Services Corp Promotes Keene Turner to Chief Operating Officer Enterprise Financial Services Corp. announced that Mr. Keene Turner, 45, has been promoted to serve as Chief Operating Officer, in addition to his role of a Senior Executive Vice President, Chief Financial Officer of the Company. Mr. Turner has been with the Company since 2013 and serves as the Company's principal financial officer as defined by the Securities and Exchange Commission. Announcement • Aug 15
Enterprise Financial Services Corp and Enterprise Bank & Trust Announce Appointment of Lars C. Anderson to Board of Directors, Effective August 14, 2025 Enterprise Financial Services Corp. announced the appointment of Lars C. Anderson as director of Enterprise Financial Services Corp. and its wholly owned subsidiary, Enterprise Bank & Trust, effective August 14, 2025. In accordance with the Company’s Amended and Restated Bylaws, the size of the Board will be increased from eleven (11) to twelve (12). Lars C. Anderson served as Executive Vice President and Vice Chairman, Commercial Banking at Fifth Third Bancorp from February 2020 to May 2023. Previously, he served as Executive Vice President and Chief Operating Officer at Fifth Third Bancorp from August 2015 to February 2020. Prior to his roles at Fifth Third Bancorp, Mr. Anderson served as Vice Chairman and Head, Business Bank at Comerica Bank from December 2010 to July 2015; and various leadership roles with BB&T Corporation (now Truist) between 1984 and 2010, including Executive Vice President and Group Banking Executive from 2009 to 2010. He graduated from Suffolk University in Boston, MA, subsequently completed the advanced management program at University of North Carolina Keenan-Flagler School of Business and graduated from the executive management program at the University of Chicago Booth School of Business. Announcement • Jul 29
Enterprise Financial Services Corp Declares Quarterly Dividend, Payable on September 30, 2025 The Board of Directors of Enterprise Financial Services Corp. approved a quarterly dividend of $0.31 per share of common stock, payable on September 30, 2025 to stockholders of record as of September 15, 2025. Announcement • Jul 08
Enterprise Financial Services Corp to Report Q2, 2025 Results on Jul 28, 2025 Enterprise Financial Services Corp announced that they will report Q2, 2025 results on Jul 28, 2025 Announcement • Apr 29
Enterprise Financial Services Corp Approves Quarterly Dividend, Payable on June 30, 2025 Enterprise Financial Services Corp. approved a quarterly dividend of $0.30 per common share, payable on June 30, 2025 to stockholders of record as of June 16, 2025. Announcement • Apr 08
Enterprise Financial Services Corp to Report Q1, 2025 Results on Apr 28, 2025 Enterprise Financial Services Corp announced that they will report Q1, 2025 results on Apr 28, 2025 Announcement • Mar 27
Enterprise Financial Services Corp, Annual General Meeting, May 07, 2025 Enterprise Financial Services Corp, Annual General Meeting, May 07, 2025. Announcement • Feb 22
Enterprise Financial Services Corp Announces Board Resignations Enterprise Financial Services Corp. announced that the following directors serving on the Company’s Board of Directors (the “Board”) will not be standing for re-election at the upcoming 2025 Annual Meeting of Stockholders (the “Annual Meeting”): Robert E. Guest, Jr., James M. Havel, Daniel A. Rodriguez and Eloise E. Schmitz. Robert E. Guest, Jr. (Bob) is a long-serving director of the Company since his appointment to the Board in 2002. Bob has also served as a director on the Board of Directors for the Company’s subsidiary, Enterprise Bank & Trust (the “Bank Board”) since 2022. Bob has served the Company in a variety of committee memberships since his Board appointment. Of note, Bob has served as a member of the Company’s Risk Committee since 2013 and has served as its Chair since 2019. Bob’s leadership of the Risk Committee was instrumental in the Company’s transitions in crossing the $10 billion asset threshold in recent years. Bob’s strategic guidance has been invaluable to the Company and Bank throughout its many years of growth during his directorship. James M. Havel (Jim) has served as a director of the Company since 2014 and a Bank Board director since 2022. Jim’s extensive financial experience and analytical perspective has added substantial value, not only to both Boards, but also to the Audit and Risk committees of the Board, as well as in his prior service on the Nominating & Governance Committee from 2017 through 2022. Daniel A. Rodriguez (Dan) has served as a Company director since 2022 and a Bank Board director since 2016. Dan’s broad operations and technologies background and thoughtful perspective has contributed substantial value to both Boards as well as the Company’s Audit and Risk Committees. Eloise E. Schmitz has served as a Company director since 2017 and a Bank Board director from 2015 to 2017 and from 2022 through present. Eloise has leveraged her comprehensive financial background and financial services industry experience to contribute to and further the work of each of the Boards as well as the Audit and Nominating & Governance committees and previously as a member of the Risk Committee from 2017 through 2022. Mssrs. Guest, Havel and Rodriguez and Ms. Schmitz will continue to serve as directors of the Company and the Bank until Annual Meeting. Announcement • Jan 07
Enterprise Financial Services Corp to Report Q4, 2024 Results on Jan 27, 2025 Enterprise Financial Services Corp announced that they will report Q4, 2024 results on Jan 27, 2025 Announcement • Jan 04
Enterprise Financial Services Corp Appoints Michael E. Finn to Risk and Compensation Committees of the Board Enterprise Financial Services Corp. on November 4, 2024 announcing the appointment of Michael E. Finn to the Company's Board of Directors (the "Board"). At the time of Mr. Finn's appointment to the Board, the Board had not determined the committees of the Board to which Mr. Finn would be named. The Board has appointed Michael E. Finn to serve on the Risk and Compensation Committees of the Board. Recent Insider Transactions • Nov 12
Independent Director recently sold €5.5m worth of stock On the 6th of November, Richard Sanborn sold around 100k shares on-market at roughly €55.50 per share. This transaction amounted to 71% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €10m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Nov 08
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to €57.00, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 74% over the past year. Announcement • Nov 05
Enterprise Financial Services Corp Announces Appointment of Michael E. Finn to Board of Directors Enterprise Financial Services Corp. announced the appointment of Michael E. Finn as director, effective immediately. Declared Dividend • Oct 28
Third quarter dividend of US$0.28 announced Shareholders will receive a dividend of US$0.28. Ex-date: 16th December 2024 Payment date: 31st December 2024 Dividend yield will be 2.0%, which is lower than the industry average of 4.8%. Sustainability & Growth Dividend is well covered by earnings (22% payout ratio) and is expected to be well covered in 3 years' time (23% forecast payout ratio). The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to grow by 2.6% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 22
Third quarter 2024 earnings released: EPS: US$1.33 (vs US$1.17 in 3Q 2023) Third quarter 2024 results: EPS: US$1.33 (up from US$1.17 in 3Q 2023). Revenue: US$160.8m (up 8.4% from 3Q 2023). Net income: US$49.6m (up 14% from 3Q 2023). Profit margin: 31% (up from 30% in 3Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 2.9% p.a. on average during the next 3 years, compared to a 2.9% growth forecast for the Banks industry in Europe. Announcement • Oct 05
Enterprise Financial Services Corp to Report Q3, 2024 Results on Oct 21, 2024 Enterprise Financial Services Corp announced that they will report Q3, 2024 results on Oct 21, 2024 New Risk • Oct 04
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.07% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 0.07% per year for the foreseeable future. Minor Risk Significant insider selling over the past 3 months (€4.7m sold). Upcoming Dividend • Sep 09
Upcoming dividend of US$0.27 per share Eligible shareholders must have bought the stock before 16 September 2024. Payment date: 30 September 2024. Payout ratio is a comfortable 22% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.6%). Declared Dividend • Jul 29
Second quarter dividend of US$0.27 announced Shareholders will receive a dividend of US$0.27. Ex-date: 16th September 2024 Payment date: 30th September 2024 Dividend yield will be 2.0%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 18% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to remain steady over the next year, which should provide adequate earnings cover for the dividend. Recent Insider Transactions • Jul 28
Independent Director recently sold €4.7m worth of stock On the 25th of July, Richard Sanborn sold around 95k shares on-market at roughly €49.48 per share. This transaction amounted to 40% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €4.8m more than they bought in the last 12 months. Reported Earnings • Jul 23
Second quarter 2024 earnings released: EPS: US$1.19 (vs US$1.29 in 2Q 2023) Second quarter 2024 results: EPS: US$1.19 (down from US$1.29 in 2Q 2023). Revenue: US$151.2m (up 2.0% from 2Q 2023). Net income: US$44.5m (down 7.6% from 2Q 2023). Profit margin: 29% (down from 33% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.9% p.a. on average during the next 2 years, compared to a 3.2% growth forecast for the Banks industry in Europe. Announcement • Jul 23
Enterprise Financial Services Corp Approves Quarterly Dividend on Common Shares, Payable on September 30, 2024 The board of directors of Enterprise Financial Services Corp. approved a quarterly dividend of $0.27 per common share, payable on September 30, 2024 to shareholders of record as of September 16, 2024. Valuation Update With 7 Day Price Move • Jul 17
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €43.00, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 8x in the Banks industry in Europe. Total returns to shareholders of 16% over the past year. Announcement • Jul 06
Enterprise Financial Services Corp to Report Q2, 2024 Results on Jul 22, 2024 Enterprise Financial Services Corp announced that they will report Q2, 2024 results on Jul 22, 2024 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.26 per share Eligible shareholders must have bought the stock before 14 June 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of German dividend payers (4.5%). Lower than average of industry peers (6.4%). Declared Dividend • Apr 29
First quarter dividend of US$0.26 announced Shareholders will receive a dividend of US$0.26. Ex-date: 14th June 2024 Payment date: 28th June 2024 Dividend yield will be 2.7%, which is lower than the industry average of 4.8%. Sustainability & Growth The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 2.8% over the next year. However, it would need to fall by 76% to increase the payout ratio to a potentially unsustainable range. New Risk • Apr 24
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.6% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Reported Earnings • Apr 23
First quarter 2024 earnings released: EPS: US$1.05 (vs US$1.47 in 1Q 2023) First quarter 2024 results: EPS: US$1.05 (down from US$1.47 in 1Q 2023). Revenue: US$144.1m (down 4.2% from 1Q 2023). Net income: US$39.5m (down 28% from 1Q 2023). Profit margin: 27% (down from 36% in 1Q 2023). The decrease in margin was primarily driven by higher expenses. Revenue is forecast to grow 5.8% p.a. on average during the next 2 years, compared to a 3.3% growth forecast for the Banks industry in Europe. Announcement • Apr 06
Enterprise Financial Services Corp to Report Q1, 2024 Results on Apr 22, 2024 Enterprise Financial Services Corp announced that they will report Q1, 2024 results on Apr 22, 2024 Announcement • Mar 20
Enterprise Financial Services Corp, Annual General Meeting, May 01, 2024 Enterprise Financial Services Corp, Annual General Meeting, May 01, 2024, at 17:00 Central Standard Time. Agenda: To elect as directors the 14 nominees to hold office until the next annual meeting of shareholders or until their successors are elected and have qualified; to ratify the appointment of Deloitte & Touche LLP as company's independent registered public accounting firm for the fiscal year ending December 31, 2024; and to approve executive compensation in an advisory (non-binding) vote. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.25 per share Eligible shareholders must have bought the stock before 14 March 2024. Payment date: 29 March 2024. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.5%. Lower than top quartile of German dividend payers (5.1%). Lower than average of industry peers (6.8%). Reported Earnings • Feb 28
Full year 2023 earnings released: EPS: US$5.09 (vs US$5.32 in FY 2022) Full year 2023 results: EPS: US$5.09 (down from US$5.32 in FY 2022). Revenue: US$585.5m (up 10% from FY 2022). Net income: US$190.3m (down 4.4% from FY 2022). Profit margin: 33% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.5% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Banks industry in Europe. Declared Dividend • Jan 29
Fourth quarter dividend of US$0.25 announced Shareholders will receive a dividend of US$0.25. Ex-date: 14th March 2024 Payment date: 29th March 2024 Dividend yield will be 2.5%, which is lower than the industry average of 4.7%. Sustainability & Growth Dividend is well covered by earnings (20% payout ratio) and is expected to be well covered in 3 years' time (23% forecast payout ratio). The dividend has increased by an average of 17% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. EPS is expected to decline by 8.3% over the next 2 years. However, it would need to fall by 78% to increase the payout ratio to a potentially unsustainable range. Reported Earnings • Jan 23
Full year 2023 earnings released: EPS: US$5.09 (vs US$5.32 in FY 2022) Full year 2023 results: EPS: US$5.09 (down from US$5.32 in FY 2022). Revenue: US$594.7m (up 12% from FY 2022). Net income: US$190.3m (down 4.4% from FY 2022). Profit margin: 32% (down from 38% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.1% p.a. on average during the next 2 years, compared to a 2.0% growth forecast for the Banks industry in Europe. Announcement • Jan 23
Enterprise Financial Services Corp Approves Quarterly Dividend, Payable on March 29, 2024 Enterprise Financial Services Corp’s Board of Directors approved a quarterly dividend of $0.25 per common share, payable on March 29, 2024 to shareholders of record as of March 15, 2024. Announcement • Jan 09
Enterprise Financial Services Corp to Report Q4, 2023 Results on Jan 22, 2024 Enterprise Financial Services Corp announced that they will report Q4, 2023 results on Jan 22, 2024 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.25 per share at 2.4% yield Eligible shareholders must have bought the stock before 14 December 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 2.4%. Lower than top quartile of German dividend payers (5.2%). Lower than average of industry peers (6.3%). Reported Earnings • Oct 25
Third quarter 2023 earnings released: EPS: US$1.17 (vs US$1.32 in 3Q 2022) Third quarter 2023 results: EPS: US$1.17 (down from US$1.32 in 3Q 2022). Revenue: US$145.7m (up 6.6% from 3Q 2022). Net income: US$43.7m (down 11% from 3Q 2022). Profit margin: 30% (down from 36% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 3.6% growth forecast for the Banks industry in Europe. Announcement • Oct 07
Enterprise Financial Services Corp to Report Q3, 2023 Results on Oct 23, 2023 Enterprise Financial Services Corp announced that they will report Q3, 2023 results on Oct 23, 2023 Upcoming Dividend • Sep 07
Upcoming dividend of US$0.25 per share at 2.6% yield Eligible shareholders must have bought the stock before 14 September 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (6.3%). Reported Earnings • Jul 25
Second quarter 2023 earnings released: EPS: US$1.29 (vs US$1.19 in 2Q 2022) Second quarter 2023 results: EPS: US$1.29 (up from US$1.19 in 2Q 2022). Revenue: US$148.6m (up 22% from 2Q 2022). Net income: US$48.2m (up 9.0% from 2Q 2022). Profit margin: 32% (down from 36% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 5.0% p.a. on average during the next 2 years, compared to a 4.4% growth forecast for the Banks industry in Europe. Announcement • Jul 08
Enterprise Financial Services Corp to Report Q2, 2023 Results on Jul 24, 2023 Enterprise Financial Services Corp announced that they will report Q2, 2023 results on Jul 24, 2023 Upcoming Dividend • Jun 07
Upcoming dividend of US$0.25 per share at 2.3% yield Eligible shareholders must have bought the stock before 14 June 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.3%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.2%). Recent Insider Transactions • May 24
Independent Director recently bought €92k worth of stock On the 19th of May, Stephen Marsh bought around 2k shares on-market at roughly €37.36 per share. This transaction amounted to 5.5% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger purchase from another insider worth €94k. Despite this recent purchase, insiders have collectively sold €8.0m more in shares than they bought in the last 12 months. Reported Earnings • Apr 25
First quarter 2023 earnings released: EPS: US$1.47 (vs US$1.23 in 1Q 2022) First quarter 2023 results: EPS: US$1.47 (up from US$1.23 in 1Q 2022). Revenue: US$152.2m (up 26% from 1Q 2022). Net income: US$54.8m (up 18% from 1Q 2022). Profit margin: 36% (down from 38% in 1Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 2 years, compared to a 5.7% growth forecast for the Banks industry in Europe. Valuation Update With 7 Day Price Move • Mar 15
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to €42.60, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 8x in the Banks industry in Europe. Total loss to shareholders of 2.1% over the past year. Upcoming Dividend • Mar 07
Upcoming dividend of US$0.25 per share at 1.8% yield Eligible shareholders must have bought the stock before 14 March 2023. Payment date: 31 March 2023. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (5.3%). Recent Insider Transactions • Mar 02
Insider recently bought €94k worth of stock On the 27th of February, Lyne Andrich bought around 2k shares on-market at roughly €51.30 per share. This transaction increased Lyne Andrich's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Despite this recent purchase, insiders have collectively sold €8.1m more in shares than they bought in the last 12 months. Reported Earnings • Mar 01
Full year 2022 earnings released: EPS: US$5.32 (vs US$3.86 in FY 2021) Full year 2022 results: EPS: US$5.32 (up from US$3.86 in FY 2021). Revenue: US$531.1m (up 31% from FY 2021). Net income: US$199.0m (up 50% from FY 2021). Profit margin: 38% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.89% (up from 3.41% in FY 2021). Cost-to-income ratio: 49.8% (up from 49.7% in FY 2021). Non-performing loans: 0.10% (down from 0.31% in FY 2021). Revenue is forecast to grow 9.5% p.a. on average during the next 2 years, compared to a 6.6% growth forecast for the Banks industry in Europe. Announcement • Feb 18
Enterprise Financial Services Corp Announces Committee Appointments Enterprise Financial Services Corp. announced that effective December 9, 2022, the Company's Board appointed Lyne B. Andrich, Marcela Manjarrez, and Lina A. Young as directors. On February 10, 2023, the Board appointed (i) Ms. Andrich to serve on the Audit and Compensation Committees, and (ii) Ms. Manjarrez and Ms. Young to serve on the Nominating & Governance and Risk Committees. Announcement • Feb 17
Enterprise Financial Services Corp and Enterprise Bank & Trust Announce Executive Changes Enterprise Financial Services Corp. announced that John Eulich is retiring from the Board of Directors of Enterprise Financial Services Corp. (the Company) and Enterprise Bank & Trust (the Bank) pursuant to the Company’s retirement policy. Mr. Eulich has served as Chairperson of the Board since 2016, a member of the Board since 2010 and a member of the Bank’s Board of Directors (the Bank Board) since 2009. Mr. Eulich will not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders (the Annual Meeting) and will retire immediately following the upcoming Annual Meeting. Michael DeCola, Vice-Chairperson of the Company’s Board of Directors has been designated by the Board to succeed Mr. Eulich as Chairperson of the Board following the Annual Meeting. Recent Insider Transactions • Feb 01
Independent Director recently sold €3.8m worth of stock On the 30th of January, Richard Sanborn sold around 78k shares on-market at roughly €47.90 per share. This transaction amounted to 22% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €5.7m more than they bought in the last 12 months. Announcement • Jan 31
Enterprise Financial Services Corp and Enterprise Bank & Trust Announces Peter Hui Not Stand for Re-Election as Member of the Boards of Directors On January 26, 2023, Peter Hui, a member of the Boards of Directors of Enterprise Financial Services Corp. and its subsidiary, Enterprise Bank & Trust, notified the Company of his intention to not stand for re-election at the Company’s 2023 Annual Meeting of Shareholders to be held on May 10, 2023. Following the Annual Meeting, Mr. Hui will cease being a member of the Boards and the committees on which he serves. Mr. Hui has indicated that his decision to not stand for re-election is not the result of any disagreement with management or the Boards. Reported Earnings • Jan 25
Full year 2022 earnings released: EPS: US$5.32 (vs US$3.86 in FY 2021) Full year 2022 results: EPS: US$5.32 (up from US$3.86 in FY 2021). Revenue: US$531.1m (up 31% from FY 2021). Net income: US$199.0m (up 50% from FY 2021). Profit margin: 38% (up from 33% in FY 2021). The increase in margin was driven by higher revenue. Net interest margin (NIM): 3.89% (up from 3.41% in FY 2021). Cost-to-income ratio: 49.8% (down from 51.6% in FY 2021). Non-performing loans: 0.10% (down from 0.31% in FY 2021). Revenue is forecast to grow 6.7% p.a. on average during the next 2 years, compared to a 5.2% growth forecast for the Banks industry in Europe. Announcement • Jan 24
Enterprise Financial Services Corp Approves Quarterly Dividend, Payable on March 31, 2023 Enterprise Financial Services Corp. approved a quarterly dividend of $0.25 per common share, payable on March 31, 2023 to shareholders of record as of March 15, 2023, an increase of $0.01, or 4%, compared to the fourth quarter 2022. Announcement • Jan 07
Enterprise Financial Services Corp to Report Q4, 2022 Results on Jan 23, 2023 Enterprise Financial Services Corp announced that they will report Q4, 2022 results on Jan 23, 2023 Upcoming Dividend • Dec 07
Upcoming dividend of US$0.24 per share Eligible shareholders must have bought the stock before 14 December 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.9%). Lower than average of industry peers (6.3%). Recent Insider Transactions • Dec 06
Independent Director recently sold €2.0m worth of stock On the 1st of December, Richard Sanborn sold around 40k shares on-market at roughly €49.64 per share. This transaction amounted to 10.0% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €3.3m more than they bought in the last 12 months. Reported Earnings • Oct 25
Third quarter 2022 earnings released: EPS: US$1.32 (vs US$0.38 in 3Q 2021) Third quarter 2022 results: EPS: US$1.32 (up from US$0.38 in 3Q 2021). Revenue: US$133.1m (up 45% from 3Q 2021). Net income: US$49.3m (up 254% from 3Q 2021). Profit margin: 37% (up from 15% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.3% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Banks industry in Europe. Upcoming Dividend • Sep 07
Upcoming dividend of US$0.23 per share Eligible shareholders must have bought the stock before 14 September 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 20% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (6.6%). 
