Earnings Performance - Net income reached $51.4 million, an increase of $1.4 million, resulting in an EPS of $1.36[7] - Net interest income increased to $152.8 million, up by $5.2 million, with a net interest margin (NIM) of 4.21%[7] - Pre-provision net revenue (PPNR) amounted to $68.1 million, reflecting a $2.0 million increase[7] - Adjusted return on average assets (ROAA) stood at 1.31%, compared to 1.29% previously[7] Loans and Deposits - Total loans amounted to $11.4 billion, an increase of $110.1 million[10] - Total deposits reached $13.3 billion, up by $283.1 million, or an increase of $72.9 million excluding brokered CDs[10] - Noninterest-bearing deposits accounted for 32% of total deposits[10] Asset Quality - Nonperforming loans represented 0.93% of total loans[8] - Nonperforming assets accounted for 0.71% of total assets[11] - The allowance coverage ratio was 1.27%, or 1.38% when adjusted for guaranteed loans[11] Capital and Dividends - The CET1 ratio was 11.9%, compared to 11.8% in the previous quarter[7] - Tangible common equity to tangible assets ratio was 9.42%, compared to 9.30%[7] - Tangible book value per common share increased to $40.02, compared to $38.54[7] - A quarterly common stock dividend of $0.30 per share was declared for the second quarter of 2025, representing a $0.01 increase[7]

Enterprise Financial Services (EFSC) reported $173.37 million in revenue for the quarter ended June 2025, representing a year-over-year increase of 11.1%. EPS of $1.37 for the same period compares to $1.21 a year ago.The reported revenue represents a surprise of +6.23% over the Zacks Consensus Estimate of $163.2 million. With the consensus EPS estimate being $1.20, the EPS surprise was +14.17%.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expect ...

Enterprise Financial Services (EFSC) came out with quarterly earnings of $1.37 per share, beating the Zacks Consensus Estimate of $1.2 per share. This compares to earnings of $1.21 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +14.17%. A quarter ago, it was expected that this financial holding company would post earnings of $1.17 per share when it actually produced earnings of $1.31, delivering a surprise of +11.97%.Over the ...

Enterprise Financial Services (EFSC 0.75%), a regional banking company focused on commercial lending and specialized banking services, released its Q2 2025 results on July 28, 2025. Adjusted earnings per share reached $1.37, well above the $1.21 consensus non-GAAP EPS estimate. Revenue (GAAP) was $173.4 million, also topping the $165.99 million analyst forecast. The quarter stood out for strong underlying (non-GAAP) profitability and growth in both loans and deposits.MetricQ2 2025Q2 2025 EstimateQ2 2024Y/Y ...

EXHIBIT 99.1 ENTERPRISE FINANCIAL SERVICES CORP REPORTS SECOND QUARTER 2025 RESULTS Second Quarter Results St. Louis, MO. July 28, 2025 – Enterprise Financial Services Corp (Nasdaq: EFSC) (the "Company" or "EFSC"), today announced financial results for the second quarter of 2025. "Our second quarter results demonstrated expansion in net interest income and net interest margin, continuing the strong start to 2025," said Jim Lally, President and Chief Executive Officer. "Loan growth spanned the portfolio and ...

Enterprise Financial Services (EFSC) is expected to deliver a year-over-year decline in earnings on higher revenues when it reports results for the quarter ended June 2025. This widely-known consensus outlook gives a good sense of the company's earnings picture, but how the actual results compare to these estimates is a powerful factor that could impact its near-term stock price.The earnings report, which is expected to be released on July 28, might help the stock move higher if these key numbers are better ...

Company Overview - Enterprise Financial Services (EFSC) is headquartered in Clayton and has experienced a price change of -2.82% this year [3] - The company currently pays a dividend of $0.29 per share, resulting in a dividend yield of 2.12%, which is lower than the Banks - Midwest industry's yield of 3.14% and the S&P 500's yield of 1.55% [3] Dividend Performance - The current annualized dividend of EFSC is $1.16, reflecting a 9.4% increase from the previous year [4] - Over the past five years, EFSC has increased its dividend three times on a year-over-year basis, achieving an average annual increase of 11.56% [4] - The company's current payout ratio is 23%, indicating that it pays out 23% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - EFSC is projected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $5.20 per share, representing a year-over-year growth rate of 6.56% [5] Investment Appeal - EFSC is considered a compelling investment opportunity due to its attractive dividend and strong Zacks Rank of 1 (Strong Buy) [7]

PART I [Item 1. Financial Statements](index=5&type=section&id=Item%201.%20Financial%20Statements) This section presents the unaudited condensed consolidated financial statements for Q1 2025, detailing financial position, performance, and cash flows [Condensed Consolidated Balance Sheets](index=5&type=section&id=Condensed%20Consolidated%20Balance%20Sheets) Total assets increased to **$15.68 billion** as of March 31, 2025, driven by securities and loans, while total deposits saw a slight decrease Balance Sheet Comparison ($'000) | Account | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Total cash and cash equivalents | $481,670 | $764,170 | | Total loans, net | $11,155,819 | $11,082,405 | | Total assets | $15,676,594 | $15,596,431 | | Total deposits | $13,034,230 | $13,146,492 | | Total liabilities | $13,808,521 | $13,772,429 | | Total stockholders' equity | $1,868,073 | $1,824,002 | [Condensed Consolidated Statements of Income](index=6&type=section&id=Condensed%20Consolidated%20Statements%20of%20Income) Net income for Q1 2025 increased to **$50.0 million**, a **23.7%** rise year-over-year, with diluted EPS reaching **$1.31** Income Statement Comparison ($'000) | Account | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net interest income | $147,516 | $137,728 | | Provision for credit losses | $5,184 | $5,756 | | Total noninterest income | $18,483 | $12,158 | | Total noninterest expense | $99,783 | $93,501 | | Net income | $49,961 | $40,401 | | Diluted EPS | $1.31 | $1.05 | [Condensed Consolidated Statements of Comprehensive Income](index=7&type=section&id=Condensed%20Consolidated%20Statements%20of%20Comprehensive%20Income) Total comprehensive income for Q1 2025 was **$65.3 million**, a positive turnaround from a prior-year loss, primarily due to unrealized gains on available-for-sale securities Comprehensive Income ($'000) | Component | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net income | $49,961 | $40,401 | | Other comprehensive income (loss), net of tax | $15,327 | $(14,376) | | **Total comprehensive income** | **$65,288** | **$26,025** | [Condensed Consolidated Statements of Stockholders' Equity](index=8&type=section&id=Condensed%20Consolidated%20Statements%20of%20Stockholders'%20Equity) Stockholders' equity increased to **$1.87 billion** by March 31, 2025, driven by net income and other comprehensive income, partially offset by repurchases and dividends - Key changes in stockholders' equity for Q1 2025 include: +**$49.96 million** from net income, +**$15.3 million** from other comprehensive income, -**$10.7 million** from common stock dividends, and -**$10.6 million** from common stock repurchases[19](index=19&type=chunk) [Condensed Consolidated Statements of Cash Flows](index=9&type=section&id=Condensed%20Consolidated%20Statements%20of%20Cash%20Flows) Cash and cash equivalents decreased by **$282.5 million** in Q1 2025, with cash provided by operations offset by significant cash used in investing activities Cash Flow Summary ($'000) | Activity | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Net cash provided by operating activities | $40,022 | $29,889 | | Net cash used in investing activities | $(365,743) | $(180,502) | | Net cash provided by financing activities | $43,221 | $87,004 | | **Net decrease in cash and cash equivalents** | **$(282,500)** | **$(63,609)** | [Notes to Condensed Consolidated Financial Statements](index=11&type=section&id=Notes%20to%20Condensed%20Consolidated%20Financial%20Statements) The notes detail investment and loan portfolios, credit quality, including a significant increase in nonperforming loans, and disclose a planned 12-branch acquisition - Nonperforming loans increased significantly to **$109.9 million** at March 31, 2025, from **$42.7 million** at December 31, 2024. The increase is largely attributed to two borrowing relationships that filed for bankruptcy, though the company expects to collect the full balance as the loans are well-secured and guaranteed[50](index=50&type=chunk)[142](index=142&type=chunk) - The company uses interest rate swaps and collars to manage interest rate risk. As of March 31, 2025, it had derivatives with a notional value of **$432.1 million** designated as cash flow hedges[84](index=84&type=chunk) - The company agreed to acquire 12 branches from First Interstate Bank, with approximately **$740 million** in deposits and **$200 million** in loans, with an expected closing in Q4 2025[97](index=97&type=chunk) Key Financial Metrics (Q1 2025 vs Q1 2024) | Metric | Q1 2025 | Q1 2024 | | :--- | :--- | :--- | | Total Assets | $15.68 billion | $14.61 billion | | Total Liabilities | $13.81 billion | $12.82 billion | | Total Stockholders' Equity | $1.87 billion | $1.73 billion | | Net Income | $50.0 million | $40.4 million | | Diluted EPS | $1.31 | $1.05 | - Subsequent Event: On April 28, 2025, the Bank entered into an agreement to acquire twelve branches from First Interstate Bank, which includes approximately **$740 million** in deposits and **$200 million** in loans. The transaction is expected to close in the early fourth quarter of 2025[97](index=97&type=chunk) [Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations](index=36&type=section&id=Item%202.%20Management's%20Discussion%20and%20Analysis%20of%20Financial%20Condition%20and%20Results%20of%20Operations) Management's discussion analyzes Q1 2025 financial performance, highlighting a stable **4.15%** net interest margin, **$1.31** diluted EPS, and robust liquidity and capital Performance Highlights Q1 2025 | Metric | Value | | :--- | :--- | | Diluted EPS | $1.31 | | Return on average assets | 1.30% | | Net interest margin (tax equivalent) | 4.15% | | Nonperforming assets to total assets | 0.72% | | Tangible book value per common share | $38.54 | - The increase in nonperforming loans to **$109.9 million** was primarily related to seven loans across two relationships where the borrowing entities filed for bankruptcy due to a partner dispute. The company expects full collection due to strong collateral and guarantees[142](index=142&type=chunk) - The company announced an agreement to purchase 10 branches in Arizona and two in Kansas from First Interstate Bank, which is expected to close in Q4 2025[110](index=110&type=chunk) [Results of Operations](index=42&type=section&id=Results%20of%20Operations) Net interest income (tax-equivalent) for Q1 2025 was **$150.0 million** with a **4.15%** net interest margin, while noninterest income and expense both increased year-over-year Net Interest Margin Analysis | Period | Net Interest Income (Tax-Eq) | Net Interest Margin | | :--- | :--- | :--- | | Q1 2025 | $150.0 million | 4.15% | | Q4 2024 | $148.6 million | 4.13% | | Q1 2024 | $139.8 million | 4.13% | - Noninterest income increased by **$6.3 million** compared to the prior year quarter, primarily due to a **$4.8 million** increase in tax credit income, which benefited from decreased market interest rates improving fair values[122](index=122&type=chunk) - Noninterest expense increased by **$6.3 million** from the prior year quarter, mainly due to a **$2.9 million** increase in employee compensation (merit increases) and a **$3.5 million** increase in deposit costs (higher average balances)[124](index=124&type=chunk) [Financial Condition](index=46&type=section&id=Financial%20Condition) Total assets reached **$15.7 billion** at quarter-end, with loans growing to **$11.3 billion** and deposits decreasing, while nonperforming assets surged to **0.72%** of total assets Loan Portfolio Composition ($'000) | Loan Type | March 31, 2025 | % of Total | | :--- | :--- | :--- | | Commercial and industrial | $4,729,707 | 41.9% | | Commercial real estate - investor owned | $2,673,991 | 23.7% | | Commercial real estate - owner occupied | $2,372,302 | 21.0% | | Construction and land development | $880,708 | 7.8% | | **Total Loans** | **$11,298,763** | **100.0%** | Asset Quality Ratios | Ratio | March 31, 2025 | December 31, 2024 | | :--- | :--- | :--- | | Nonperforming loans to total loans | 0.97% | 0.38% | | Nonperforming assets to total assets | 0.72% | 0.30% | | ACL on loans to total loans | 1.27% | 1.23% | [Liquidity and Capital Resources](index=53&type=section&id=Liquidity%20and%20Capital%20Resources) The company maintains robust liquidity with **$6.2 billion** in available sources and strong capital, with all regulatory capital ratios significantly exceeding 'well-capitalized' minimums - Total available liquidity sources are **$6.2 billion**, including **$2.9 billion** from the Federal Reserve, **$1.1 billion** from the FHLB, and **$1.6 billion** in unpledged securities[151](index=151&type=chunk)[154](index=154&type=chunk) Regulatory Capital Ratios | Ratio | March 31, 2025 | Well-Capitalized Minimum | | :--- | :--- | :--- | | Common Equity Tier 1 Capital | 11.8% | 6.5% | | Tier 1 Capital | 13.1% | 8.0% | | Total Capital | 14.7% | 10.0% | | Leverage Ratio | 11.0% | 5.0% | [Item 3. Quantitative and Qualitative Disclosures About Market Risk](index=58&type=section&id=Item%203.%20Quantitative%20and%20Qualitative%20Disclosures%20About%20Market%20Risk) The company manages interest rate risk, projecting a **3.1%** increase in net interest income from a **+100 bp** rate shock and a **2.5%** decrease from a **-100 bp** shock Net Interest Income Sensitivity Analysis | Rate Shock | Annual % change in net interest income | | :--- | :--- | | +300 bp | 8.9% | | +100 bp | 3.1% | | -100 bp | (2.5)% | | -300 bp | (8.1)% | - The company had **$6.8 billion** in variable rate loans at March 31, 2025, with **$4.7 billion** having an interest rate floor[174](index=174&type=chunk) [Item 4. Controls and Procedures](index=59&type=section&id=Item%204.%20Controls%20and%20Procedures) Management concluded that disclosure controls and procedures were effective as of March 31, 2025, with no material changes to internal controls over financial reporting - The CEO and CFO concluded that the company's disclosure controls and procedures were effective as of March 31, 2025[178](index=178&type=chunk) - No material changes to internal controls over financial reporting occurred during the first quarter of 2025[179](index=179&type=chunk) PART II [Item 1. Legal Proceedings](index=60&type=section&id=Item%201.%20Legal%20Proceedings) The company is involved in ordinary course legal proceedings, none of which are expected to have a material adverse effect on its financial condition or operations - Management asserts that there are no pending or threatened legal proceedings that would materially impact the company's business, financial condition, or cash flows[181](index=181&type=chunk) [Item 1A. Risk Factors](index=60&type=section&id=Item%201A.%20Risk%20Factors) No material changes to the company's risk factors have occurred since those disclosed in its 2024 Annual Report on Form 10-K - No material changes to the risk factors described in the 2024 Annual Report on Form 10-K have occurred[183](index=183&type=chunk) [Item 2. Unregistered Sales of Equity Securities and Use of Proceeds](index=60&type=section&id=Item%202.%20Unregistered%20Sales%20of%20Equity%20Securities%20and%20Use%20of%20Proceeds) During Q1 2025, the company repurchased **191,739** common shares at **$55.28** per share, with **1,181,483** shares remaining authorized for future repurchase Share Repurchases - Q1 2025 | Period | Total Shares Purchased | Weighted-Average Price Paid | | :--- | :--- | :--- | | January 2025 | 101,739 | $55.24 | | February 2025 | 0 | N/A | | March 2025 | 90,000 | $55.34 | | **Total Q1** | **191,739** | **$55.28** | [Other Items (Defaults, Disclosures, Other Information, Exhibits)](index=60&type=section&id=Other%20Items) This section confirms no defaults on senior securities, no Rule 10b5-1 trading plan changes by officers/directors, and lists filed exhibits - Item 3: No defaults upon senior securities were reported[186](index=186&type=chunk) - Item 5: No officer or director adopted or terminated a Rule 10b5-1 trading arrangement during the quarter[190](index=190&type=chunk)

Core Viewpoint - Enterprise Financial Services (EFSC) has received a Zacks Rank 2 (Buy) upgrade, indicating a positive outlook driven by rising earnings estimates [1][4]. Earnings Estimates and Ratings - The Zacks rating system is based solely on a company's changing earnings picture, with the Zacks Consensus Estimate tracking EPS estimates from sell-side analysts [2]. - The Zacks rating upgrade reflects an improvement in the earnings outlook for Enterprise Financial Services, which is expected to lead to increased buying pressure and a rise in stock price [4][6]. Impact of Earnings Estimates on Stock Prices - Changes in future earnings potential, as indicated by earnings estimate revisions, are strongly correlated with near-term stock price movements [5]. - Institutional investors utilize earnings estimates to determine the fair value of stocks, influencing their buying and selling actions, which in turn affects stock prices [5]. Recent Performance of Enterprise Financial Services - For the fiscal year ending December 2025, Enterprise Financial Services is projected to earn $5.11 per share, reflecting a 4.7% increase from the previous year [9]. - Over the past three months, the Zacks Consensus Estimate for the company has risen by 6.6%, indicating a positive trend in earnings estimates [9]. Zacks Rank System Overview - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with a proven track record of Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [8]. - The upgrade to Zacks Rank 2 places Enterprise Financial Services in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [11].

Company Overview - Enterprise Financial Services (EFSC) is a financial holding company headquartered in Clayton, operating in the Finance sector [3] - The stock has experienced a price decline of 8.39% since the beginning of the year [3] Dividend Information - EFSC currently pays a dividend of $0.29 per share, resulting in a dividend yield of 2.24%, which is lower than the Banks - Midwest industry's yield of 3.28% and the S&P 500's yield of 1.64% [3] - The annualized dividend of $1.16 represents a 9.4% increase from the previous year [4] - Over the past five years, EFSC has increased its dividend three times, averaging an annual increase of 11.56% [4] - The current payout ratio for EFSC is 23%, indicating that the company pays out 23% of its trailing 12-month earnings per share as dividends [4] Earnings Expectations - EFSC is projected to see earnings growth this fiscal year, with the Zacks Consensus Estimate for 2025 at $4.93 per share, reflecting a 1.02% increase from the previous year [5] Investment Considerations - Dividends are favored by investors as they enhance stock investing profits, reduce overall portfolio risk, and offer tax advantages [6] - Established firms with stable profits are typically viewed as the best dividend options, while high-growth companies and tech startups rarely offer dividends [7] - Despite challenges during periods of rising interest rates, EFSC is considered a compelling investment opportunity due to its strong dividend profile and a Zacks Rank of 3 (Hold) [7]