Enterprise Financial Services
Market Cap
US$1.4b
Last Updated
2021/03/05 00:17 UTC
Data Sources
Company Financials +
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
Rewards
Risk Analysis
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 is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: EFSC's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
1.9%
EFSC
0.2%
US Banks
-2.4%
US Market
1 Year Return
19.7%
EFSC
27.7%
US Banks
31.2%
US Market
Return vs Industry: EFSC underperformed the US Banks industry which returned 22% over the past year.
Return vs Market: EFSC underperformed the US Market which returned 29.4% over the past year.
Shareholder returns
| EFSC | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 0.2% | -2.4% |
| 30 Day | 20.9% | 15.1% | -3.0% |
| 90 Day | 27.5% | 23.6% | 3.2% |
| 1 Year | 22.6%19.7% | 32.3%27.7% | 34.1%31.2% |
| 3 Year | -3.5%-8.1% | 13.7%3.9% | 48.1%38.6% |
| 5 Year | 71.4%59.5% | 102.6%76.8% | 116.5%92.3% |
Long-Term 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
3 weeks ago | Simply Wall St
What Kind Of Shareholders Own Enterprise Financial Services Corp (NASDAQ:EFSC)?1 month ago | Simply Wall St
Update: Enterprise Financial Services (NASDAQ:EFSC) Stock Gained 44% In The Last Five Years2 months ago | Simply Wall St
Richard Sanborn of Enterprise Financial Services Corp (NASDAQ:EFSC) Just Spent US$308k On SharesValuation
Is Enterprise Financial Services undervalued compared to its fair value and its price relative to the market?
26.0%
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: EFSC ($45.61) is trading below our estimate of fair value ($60.6)
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 (16.5x) compared to the US Banks industry average (12.8x).
PE vs Market: EFSC is good value based on its PE Ratio (16.5x) compared to the US market (21.4x).
Price to Earnings Growth Ratio
PEG Ratio: EFSC is good value based on its PEG Ratio (0.8x)
Price to Book Ratio
PB vs Industry: EFSC is overvalued based on its PB Ratio (1.3x) compared to the US Banks industry average (1.1x).
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?
19.9%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: EFSC's forecast earnings growth (19.9% per year) is above the savings rate (2%).
Earnings vs Market: EFSC's earnings (19.9% per year) are forecast to grow faster than the US market (19.6% per year).
High Growth Earnings: EFSC's earnings are forecast to grow, but not significantly.
Revenue vs Market: EFSC's revenue (16.2% per year) is forecast to grow faster than the US market (10.1% per year).
High Growth Revenue: EFSC's revenue (16.2% 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 (9.5%).
Next Steps
Past Performance
How has Enterprise Financial Services performed over the past 5 years?
16.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: EFSC has high quality earnings.
Growing Profit Margin: EFSC's current net profit margins (28.7%) are lower than last year (32.9%).
Past Earnings Growth Analysis
Earnings Trend: EFSC's earnings have grown by 16.4% 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 (-19.8%) over the past year, making it difficult to compare to the Banks industry average (0.5%).
Return on Equity
High ROE: EFSC's Return on Equity (6.9%) 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 (9x) is low.
Allowance for Bad Loans: EFSC has a sufficient allowance for bad loans (355%).
Low Risk Liabilities: 92% 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 (73%).
Low Risk Deposits: EFSC's Loans to Deposits ratio (89%) is appropriate.
Level of Bad Loans: EFSC has an appropriate level of bad loans (0.5%).
Next Steps
Dividend
What is Enterprise Financial Services's current dividend yield, its reliability and sustainability?
1.61%
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: EFSC's dividend (1.58%) is higher than the bottom 25% of dividend payers in the US market (1.31%).
High Dividend: EFSC's dividend (1.58%) is low compared to the top 25% of dividend payers in the US market (3.69%).
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 (26.1%), 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 (20.1% payout ratio).
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
6.0yrs
Average management tenure
CEO
Jim Lally (52 yo)
3.83yrs
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 ($USD3.64M).
Compensation vs Earnings: Jim's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$1.33m | 0.28% $ 3.9m | |
| Executive VP & CFO | 7.42yrs | US$809.22k | 0.11% $ 1.5m | |
| President of Enterprise Bank & Trust | 7.92yrs | US$744.11k | 0.17% $ 2.4m | |
| Corporate Secretary | 3.17yrs | US$558.90k | 0.013% $ 180.0k | |
| Chief Credit Officer of Enterprise Bank & Trust | 4.83yrs | US$597.71k | 0.037% $ 514.3k | |
| Senior VP & Chief Accounting Officer | 1.92yrs | no data | 0.0055% $ 76.5k | |
| Executive VP & Chief Administrative Officer | no data | US$380.28k | 0.044% $ 606.9k | |
| Vice Chairman of Enterprise Bank & Trust - Kansas City | no data | US$321.40k | no data | |
| Vice Chairman of Enterprise Trust | 9.17yrs | no data | no data | |
| Senior VP & Head of HR of Enterprise Bank & Trust | 7.08yrs | no data | 0.021% $ 297.0k | |
| Senior Vice President of Marketing - Enterprise Bank & Trust | no data | no data | no data | |
| Senior Vice President of Strategic Alliances & Inclusion - Enterprise Bank & Trust | no data | no data | no data |
6.0yrs
Average Tenure
51yo
Average Age
Experienced Management: EFSC's management team is seasoned and experienced (6 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| President | 3.83yrs | US$1.33m | 0.28% $ 3.9m | |
| Executive VP and Chairman of the Kansas City Region - Enterprise Bank & Trust | no data | US$301.06k | no data | |
| Chairman & CEO of Enterprise Arizona Region | no data | US$378.11k | no data | |
| Independent Director | 16.17yrs | US$68.75k | 0.14% $ 2.0m | |
| Independent Director | 13.42yrs | US$62.75k | 0.11% $ 1.6m | |
| Chairman of Enterprise Bank & Trust | 17.92yrs | US$514.90k | no data | |
| Independent Director | 18.92yrs | US$80.35k | 0.28% $ 3.9m | |
| Independent Chairman of the Board | 4.83yrs | US$116.00k | 0.30% $ 4.2m | |
| Independent Director | 4.08yrs | US$62.75k | 0.015% $ 214.9k | |
| Independent Director | 9.08yrs | US$64.75k | 0.037% $ 511.0k | |
| Independent Director | 7yrs | US$64.75k | 0.033% $ 457.6k | |
| Independent Director | 5.33yrs | US$68.75k | no data |
8.0yrs
Average Tenure
64yo
Average Age
Experienced Board: EFSC's board of directors are considered experienced (8 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: EFSC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 17.6%.
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$1.394b
- Shares outstanding: 31.23m
- Website: https://www.enterprisebank.com
Number of Employees
Location
- Enterprise Financial Services Corp
- 150 North Meramec Avenue
- Clayton
- Missouri
- 63105
- United States
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| EFSC | NasdaqGS (Nasdaq Global Select) | Yes | Common Shares | US | USD | Apr 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/03/05 00:17 |
| End of Day Share Price | 2021/03/04 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.