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Enterprise Financial Services NasdaqGS:EFSC Stock Report

Last Price


Market Cap







24 Sep, 2022


Company Financials +
EFSC fundamental analysis
Snowflake Score
Future Growth2/6
Past Performance4/6
Financial Health6/6

EFSC Stock Overview

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.

Enterprise Financial Services Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Enterprise Financial Services
Historical stock prices
Current Share PriceUS$45.52
52 Week HighUS$51.50
52 Week LowUS$39.64
1 Month Change-4.73%
3 Month Change6.28%
1 Year Change1.34%
3 Year Change11.13%
5 Year Change7.49%
Change since IPO313.82%

Recent News & Updates

Aug 28
Enterprise Financial Services' (NASDAQ:EFSC) Shareholders Will Receive A Bigger Dividend Than Last Year

Enterprise Financial Services' (NASDAQ:EFSC) Shareholders Will Receive A Bigger Dividend Than Last Year

Enterprise Financial Services Corp ( NASDAQ:EFSC ) will increase its dividend from last year's comparable payment on...

Jul 29
Enterprise Financial Services' (NASDAQ:EFSC) Dividend Will Be Increased To $0.23

Enterprise Financial Services' (NASDAQ:EFSC) Dividend Will Be Increased To $0.23

Enterprise Financial Services Corp ( NASDAQ:EFSC ) has announced that it will be increasing its dividend from last...

Jul 25

Enterprise Financial Services GAAP EPS of $1.19 beats by $0.07, revenue of $125.61M beats by $3.21M

Enterprise Financial Services press release (NASDAQ:EFSC): Q2 GAAP EPS of $1.19 beats by $0.07. Revenue of $125.61M (+28.3% Y/Y) beats by $3.21M.

Shareholder Returns

EFSCUS BanksUS Market

Return vs Industry: EFSC exceeded the US Banks industry which returned -21.7% over the past year.

Return vs Market: EFSC exceeded the US Market which returned -23.1% over the past year.

Price Volatility

Is EFSC's price volatile compared to industry and market?
EFSC volatility
EFSC Average Weekly Movement3.1%
Banks Industry Average Movement3.4%
Market Average Movement6.9%
10% most volatile stocks in US Market15.8%
10% least volatile stocks in US Market2.8%

Stable Share Price: EFSC is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: EFSC's weekly volatility (3%) has been stable over the past year.

About the Company

19881,054Jim Lally

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 money market accounts, and certificates of deposit. It also provides commercial and industrial, commercial real estate, construction and land development, residential real estate, agricultural, and consumer loans.

Enterprise Financial Services Fundamentals Summary

How do Enterprise Financial Services's earnings and revenue compare to its market cap?
EFSC fundamental statistics
Market CapUS$1.69b
Earnings (TTM)US$155.40m
Revenue (TTM)US$459.10m


P/E Ratio


P/B Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
EFSC income statement (TTM)
Cost of RevenueUS$0
Gross ProfitUS$459.10m
Other ExpensesUS$303.71m

Last Reported Earnings

Jun 30, 2022

Next Earnings Date


Earnings per share (EPS)4.18
Gross Margin100.00%
Net Profit Margin33.85%
Debt/Equity Ratio30.7%

How did EFSC perform over the long term?

See historical performance and comparison



Current Dividend Yield


Payout Ratio
We’ve recently updated our valuation analysis.


Is EFSC undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score


Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • Analyst Forecast

Key Valuation Metric

Which metric is best to use when looking at relative valuation for EFSC?

Other financial metrics that can be useful for relative valuation.

EFSC key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenuen/a
Enterprise Value/EBITDAn/a
PEG Ratio1.7x

Price to Earnings Ratio vs Peers

How does EFSC's PE Ratio compare to its peers?

EFSC PE Ratio vs Peers
The above table shows the PE ratio for EFSC vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average14.3x
SASR Sandy Spring Bancorp
FBK FB Financial
TBK Triumph Bancorp
MCHB Mechanics Bank
EFSC Enterprise Financial Services

Price-To-Earnings vs Peers: EFSC is good value based on its Price-To-Earnings Ratio (10.9x) compared to the peer average (14.3x).

Price to Earnings Ratio vs Industry

How does EFSC's PE Ratio compare vs other companies in the US Banks Industry?

Price-To-Earnings vs Industry: EFSC is expensive based on its Price-To-Earnings Ratio (10.9x) compared to the US Banks industry average (9.7x)

Price to Earnings Ratio vs Fair Ratio

What is EFSC's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

EFSC PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio10.9x
Fair PE Ratio12.7x

Price-To-Earnings vs Fair Ratio: EFSC is good value based on its Price-To-Earnings Ratio (10.9x) compared to the estimated Fair Price-To-Earnings Ratio (12.7x).

Share Price vs Fair Value

What is the Fair Price of EFSC when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: EFSC ($45.52) is trading below our estimate of fair value ($131.05)

Significantly Below Fair Value: EFSC is trading below fair value by more than 20%.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Future Growth

How is Enterprise Financial Services forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

Future Growth Score


Future Growth Score 2/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE


Forecasted annual earnings growth

Earnings and Revenue Growth Forecasts

Analyst Future Growth Forecasts

Earnings vs Savings Rate: EFSC's forecast earnings growth (6.4% per year) is above the savings rate (1.9%).

Earnings vs Market: EFSC's earnings (6.4% per year) are forecast to grow slower than the US market (14.7% per year).

High Growth Earnings: EFSC's earnings are forecast to grow, but not significantly.

Revenue vs Market: EFSC's revenue (8.5% per year) is forecast to grow faster than the US market (7.6% per year).

High Growth Revenue: EFSC's revenue (8.5% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: EFSC's Return on Equity is forecast to be low in 3 years time (12.3%).

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Past Performance

How has Enterprise Financial Services performed over the past 5 years?

Past Performance Score


Past Performance Score 4/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE


Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: EFSC has high quality earnings.

Growing Profit Margin: EFSC's current net profit margins (33.8%) are lower than last year (34.5%).

Past Earnings Growth Analysis

Earnings Trend: EFSC's earnings have grown by 19.2% per year over the past 5 years.

Accelerating Growth: EFSC's earnings growth over the past year (34.9%) exceeds its 5-year average (19.2% per year).

Earnings vs Industry: EFSC earnings growth over the past year (34.9%) exceeded the Banks industry 8.7%.

Return on Equity

High ROE: EFSC's Return on Equity (10.9%) is considered low.

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Financial Health

How is Enterprise Financial Services's financial position? (This company is analysed differently as a bank or financial institution)

Financial Health Score


Financial Health Score 6/6

  • Asset Level

  • Allowance for Bad Loans

  • Low Risk Liabilities

  • Loan Level

  • Low Risk Deposits

  • Level of Bad Loans

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Financial Institutions Analysis

Asset Level: EFSC's Assets to Equity ratio (9x) is low.

Allowance for Bad Loans: EFSC has a sufficient allowance for bad loans (719%).

Low Risk Liabilities: 95% of EFSC's liabilities are made up of primarily low risk sources of funding.

Loan Level: EFSC has an appropriate level of Loans to Assets ratio (70%).

Low Risk Deposits: EFSC's Loans to Deposits ratio (82%) is appropriate.

Level of Bad Loans: EFSC has an appropriate level of bad loans (0.2%).

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What is Enterprise Financial Services's current dividend yield, its reliability and sustainability?

Dividend Score


Dividend Score 5/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage


Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: EFSC's dividend (2.02%) is higher than the bottom 25% of dividend payers in the US market (1.65%).

High Dividend: EFSC's dividend (2.02%) is low compared to the top 25% of dividend payers in the US market (4.57%).

Stability and Growth of Payments

Stable Dividend: EFSC's dividends per share have been stable in the past 10 years.

Growing Dividend: EFSC's dividend payments have increased over the past 10 years.

Current Payout to Shareholders

Earnings Coverage: With its low payout ratio (19.8%), EFSC's dividend payments are well covered by earnings.

Future Payout to Shareholders

Future Dividend Coverage: EFSC's dividends in 3 years are forecast to be well covered by earnings (18.1% payout ratio).

Discover strong dividend paying companies


How experienced are the management team and are they aligned to shareholders interests?


Average management tenure


Jim Lally (54 yo)





Mr. James Brian Lally, also known as Jim, is the Chief Executive Officer and Director of Enterprise Financial Services Corp (NASDAQ: EFSC) May 2, 2017 and is its President since August 9, 2016. Throughout...

CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD2.45M) is below average for companies of similar size in the US market ($USD5.62M).

Compensation vs Earnings: Jim's compensation has increased by more than 20% in the past year.

Leadership Team

Experienced Management: EFSC's management team is seasoned and experienced (6.2 years average tenure).

Board Members

Experienced Board: EFSC's board of directors are considered experienced (6.2 years average tenure).


Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

NasdaqGS:EFSC Recent Insider Transactions by Companies or Individuals
DateValueNameEntityRoleSharesMax Price
13 Dec 21SellUS$1,488,360Peter HuiIndividual31,000US$48.08
24 Nov 21SellUS$6,764,800Castle Creek Capital LLCCompany140,000US$48.32
23 Nov 21SellUS$4,833,804Castle Creek Capital LLCCompany100,000US$48.42

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Top 25 shareholders own 54.92% of the company
OwnershipNameSharesCurrent ValueChange %Portfolio %
BlackRock, Inc.
2,448,668$111.5m0.97%no data
The Vanguard Group, Inc.
1,792,442$81.6m-1.85%no data
Dimensional Fund Advisors LP
Jennison Associates LLC
Macquarie Investment Management Business Trust
State Street Global Advisors, Inc.
980,280$44.6m-8.98%no data
Thrivent Investment Management, Inc.
Wellington Management Group LLP
Western Financial Corporation
William Blair Investment Management, LLC
Castle Creek Capital LLC
PL Capital Advisors, LLC
Geode Capital Management, LLC
670,314$30.5m-1.47%no data
Peter Hui
520,716$23.7m-0.35%no data
Northern Trust Global Investments
471,622$21.5m-1.17%no data
New York State Common Retirement Fund
Segall Bryant & Hamill, LLC
Richard Sanborn
401,222$18.3m0.23%no data
Kennedy Capital Management, Inc.
Janus Henderson Group plc
Teachers Insurance and Annuity Association-College Retirement Equities Fund
Charles Schwab Investment Management, Inc.
315,972$14.4m12.53%no data
Enterprise Bank & Trust., Asset Management Arm
Principal Global Investors, LLC

Company Information

Enterprise Financial Services Corp's employee growth, exchange listings and data sources

Key Information

  • Name: Enterprise Financial Services Corp
  • Ticker: EFSC
  • Exchange: NasdaqGS
  • Founded: 1988
  • Industry: Regional Banks
  • Sector: Banks
  • Implied Market Cap: US$1.694b
  • Shares outstanding: 37.22m
  • Website:

Number of Employees


  • Enterprise Financial Services Corp
  • 150 North Meramec Avenue
  • Clayton
  • Missouri
  • 63105
  • United States


TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFSCNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDApr 2001
GV9DB (Deutsche Boerse AG)YesCommon SharesDEEURApr 2001
EFSC.PNasdaqGS (Nasdaq Global Select)5% DEP PFD SR AUSUSDNov 2021

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/09/24 00:00
End of Day Share Price2022/09/23 00:00
Annual Earnings2021/12/31

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.