NasdaqGS:EFSC

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Enterprise Financial Services

Executive Summary

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. More Details


Snowflake Analysis

Flawless balance sheet established dividend payer.


Similar Companies

Share Price & News

How has Enterprise Financial Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: EFSC has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.5%

EFSC

1.2%

US Banks

-1.3%

US Market


1 Year Return

-32.8%

EFSC

-28.5%

US Banks

18.5%

US Market

Return vs Industry: EFSC underperformed the US Banks industry which returned -28.5% over the past year.

Return vs Market: EFSC underperformed the US Market which returned 18.5% over the past year.


Shareholder returns

EFSCIndustryMarket
7 Day-0.5%1.2%-1.3%
30 Day3.6%3.5%5.3%
90 Day-1.7%-0.05%7.5%
1 Year-31.3%-32.8%-25.9%-28.5%21.3%18.5%
3 Year-28.9%-32.1%-18.6%-25.4%42.4%32.9%
5 Year10.6%3.2%16.1%1.6%84.2%63.5%

Price Volatility Vs. Market

How volatile is Enterprise Financial Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Enterprise Financial Services undervalued compared to its fair value and its price relative to the market?

33.7%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: EFSC ($29.38) is trading below our estimate of fair value ($44.3)

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


Price To Earnings Ratio

PE vs Industry: EFSC is poor value based on its PE Ratio (10.4x) compared to the US Banks industry average (10x).

PE vs Market: EFSC is good value based on its PE Ratio (10.4x) compared to the US market (19x).


Price to Earnings Growth Ratio

PEG Ratio: EFSC is good value based on its PEG Ratio (0.9x)


Price to Book Ratio

PB vs Industry: EFSC's PB Ratio (0.9x) is in line with the US Banks industry average.


Next Steps

Future Growth

How is Enterprise Financial Services forecast to perform in the next 1 to 3 years based on estimates from 5 analysts?

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: EFSC's forecast earnings growth (11.5% per year) is above the savings rate (2.2%).

Earnings vs Market: EFSC's earnings (11.5% per year) are forecast to grow slower than the US market (22.2% per year).

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

Revenue vs Market: EFSC's revenue (12.4% per year) is forecast to grow faster than the US market (10.1% per year).

High Growth Revenue: EFSC's revenue (12.4% 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 (8.7%).


Next Steps

Past Performance

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

18.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: EFSC has high quality earnings.

Growing Profit Margin: EFSC's current net profit margins (30.1%) are lower than last year (32.9%).


Past Earnings Growth Analysis

Earnings Trend: EFSC's earnings have grown by 18.7% per year over the past 5 years.

Accelerating Growth: EFSC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: EFSC had negative earnings growth (-14.6%) over the past year, making it difficult to compare to the Banks industry average (-3%).


Return on Equity

High ROE: EFSC's Return on Equity (8.4%) is considered low.


Next Steps

Financial Health

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


Financial Position Analysis


Debt to Equity History and Analysis


Balance Sheet


Financial Institutions Analysis

Asset Level: EFSC's Assets to Equity ratio (9.5x) is low.

Allowance for Bad Loans: EFSC has a sufficient allowance for bad loans (311%).

Low Risk Liabilities: 89% 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 (72%).

Low Risk Deposits: EFSC's Loans to Deposits ratio (90%) is appropriate.

Level of Bad Loans: EFSC has an appropriate level of bad loans (0.6%).


Next Steps

Dividend

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

2.45%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: EFSC's dividend (2.45%) is higher than the bottom 25% of dividend payers in the US market (1.64%).

High Dividend: EFSC's dividend (2.45%) is low compared to the top 25% of dividend payers in the US market (4.68%).


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

Dividend Coverage: With its reasonably low payout ratio (25.1%), 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 (22.6% payout ratio).


Next Steps

Management

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

5.5yrs

Average management tenure


CEO

Jim Lally (52 yo)

3.42yrs

Tenure

US$1,334,315

Compensation

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


CEO Compensation Analysis

Compensation vs Market: Jim's total compensation ($USD1.33M) is below average for companies of similar size in the US market ($USD2.85M).

Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
James Lally
President3.42yrsUS$1.33m0.29%
$ 2.2m
Keene Turner
Executive VP & CFO7yrsUS$809.22k0.12%
$ 914.5k
Scott Goodman
President of Enterprise Bank & Trust7.5yrsUS$744.11k0.19%
$ 1.5m
Nicole Iannacone
Corporate Secretary2.75yrsUS$558.90k0.012%
$ 94.5k
Douglas Bauche
Chief Credit Officer of Enterprise Bank & Trust4.42yrsUS$597.71k0.034%
$ 265.2k
Troy Dumlao
Senior VP & Chief Accounting Officer1.5yrsno data0.0040%
$ 30.9k
Mark Ponder
Executive VP & Chief Administrative Officerno dataUS$380.28k0.045%
$ 343.7k
Linda Hanson
Vice Chairman of Enterprise Bank & Trust - Kansas Cityno dataUS$321.40kno data
Richard Jensen
Vice Chairman of Enterprise Trust8.75yrsno datano data
Loren White
Senior VP & Head of HR of Enterprise Bank & Trust6.67yrsno data0.025%
$ 195.5k
Robyn Heidger
Senior Vice President of Strategic Alliances & Inclusion - Enterprise Bank & Trustno datano datano data
Barry Stone
Senior VP and Director of Aircraft Finance - Enterprise Bank & Trustno datano datano data

5.5yrs

Average Tenure

51yo

Average Age

Experienced Management: EFSC's management team is seasoned and experienced (5.5 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
James Lally
President3.42yrsUS$1.33m0.29%
$ 2.2m
C. Burdette
Executive VP and Chairman of the Kansas City Region - Enterprise Bank & Trustno dataUS$301.06kno data
John Barry
Chairman & CEO of Enterprise Arizona Regionno dataUS$378.11kno data
Sandra Van Trease
Independent Director15.75yrsUS$68.75k0.18%
$ 1.4m
Michael DeCola
Independent Director13yrsUS$62.75k0.13%
$ 1.0m
Stephen Marsh
Chairman of Enterprise Bank & Trust17.5yrsUS$514.90kno data
Robert Guest
Independent Director18.5yrsUS$80.35k0.34%
$ 2.6m
John Eulich
Independent Chairman of the Board4.42yrsUS$116.00k0.29%
$ 2.3m
Eloise Schmitz
Independent Director3.67yrsUS$62.75k0.018%
$ 141.4k
Judith Heeter
Independent Director8.67yrsUS$64.75k0.043%
$ 328.8k
James Havel
Independent Director6.58yrsUS$64.75k0.037%
$ 282.9k
Michael Holmes
Independent Director4.92yrsUS$68.75kno data

7.6yrs

Average Tenure

64yo

Average Age

Experienced Board: EFSC's board of directors are considered experienced (7.6 years average tenure).


Ownership

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

Ownership Breakdown

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


Top Shareholders

Company Information

Enterprise Financial Services Corp's company bio, 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
  • Market Cap: US$769.934m
  • Shares outstanding: 26.21m
  • Website: https://www.enterprisebank.com

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
EFSCNasdaqGS (Nasdaq Global Select)YesCommon SharesUSUSDApr 2001

Biography

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 compa ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 23:47
End of Day Share Price2020/10/20 00:00
Earnings2020/09/30
Annual Earnings2019/12/31


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.