For 2025, Enterprise reported $201 million of net income, or $5.31 per diluted share. Management also pointed to shareholder returns and capital deployment during the year, including:Lally said the company closed a branch purchase in Arizona and Kansas early in the fourth quarter, describing the transaction as accelerating the firm’s strategy in two higher-growth markets “by several years.” The deal contributed to balance sheet expansion; the company said it entered 2025 targeting mid- to high-single-digit ...

Financial Data and Key Metrics Changes - The company reported earnings of $1.45 per diluted share for Q4 2025, an increase from $1.19 in the linked quarter and $1.28 in Q4 2024 [4] - Return on average assets was 1.27%, and pre-provision return on average assets was 1.74% [4] - Net interest income for the quarter reached $168 million, up $10 million from the linked quarter and $22 million from Q4 2024 [4][24] - The tangible common equity to tangible assets ratio was 9.07%, with a return on tangible common equity of 14.02% for Q4 [6][7] Business Line Data and Key Metrics Changes - Loan growth for the quarter was $217 million, primarily due to acquired loans from the branch acquisition [8] - The loan portfolio saw a mix of growth across commercial and industrial businesses, with C&I, CRE owner-occupied, and SBA lending making up over 50% of the portfolio [16] - Specialty lending, particularly in SBA 7(a) owner-occupied CRE, topped $250 million in originations for the year [18] Market Data and Key Metrics Changes - Deposits grew by $1 billion in Q4, with $400 million from new and existing clients and approximately $600 million from the branch purchase [9] - The cost of deposits decreased to 1.64%, and the level of DDA to total deposits improved to 33.4% [9] - Organic deposit growth for the year was 6.5%, amounting to $854 million [19] Company Strategy and Development Direction - The branch acquisition accelerated the company's strategy in higher growth markets by several years, enhancing long-term performance [5] - The company aims to continue growing its balance sheet at a mid- to high single-digit pace, achieving an 11% growth in 2025 [6] - The focus remains on improving productivity and efficiency through technology investments while maintaining a diversified, relationship-oriented business model [12] Management's Comments on Operating Environment and Future Outlook - Clients remain optimistic about the economy, particularly in sectors related to power generation and infrastructure improvements [13] - The company expects to see a reduction in non-performing assets (NPAs) to more historical levels in the next couple of quarters [22] - Management is confident in the ability to produce high-quality earnings and maintain a strong balance sheet moving into 2026 [14][35] Other Important Information - The company increased its dividend by $0.01 per share to $0.32 for Q4 and repurchased 67,000 shares at an average price of $52.64 [8] - Non-interest income for Q4 was $25.4 million, a decrease from the linked quarter, but an increase when excluding the impact of tax credit recapture [32] Q&A Session Summary Question: Update on foreclosed properties and timing for NPAs reduction - Management confirmed that six of the seven properties were taken into OREO in December, with expectations for resolution by the end of Q2 [41][42] Question: Insights on fee income and non-interest expense growth - Fee income is expected to grow at about 5% year-over-year, with non-interest expenses projected to increase around 5% as well [49][50] Question: Details on loans migrating to non-accrual and timing for resolution - Two loans totaling $28 million migrated to non-accrual, with management confident in their secured position and actively negotiating exits [60][61] Question: Expectations for SBA gain on sale revenue growth - SBA gain on sale revenue is expected to grow modestly by about 5% from 2025 levels [62] Question: Outlook on provisioning and charge-offs - Management anticipates charge-offs to decrease from elevated levels as they approach a more normalized state [76][78] Question: Capital management and buyback plans - The company has remaining capacity for buybacks and plans to continue focusing on growth and dividend increases in 2026 [80][84]

Enterprise Financial Services (NasdaqGS:EFSC) Q4 2025 Earnings call January 27, 2026 11:00 AM ET Company ParticipantsBrian Martin - Director of Banks and ThriftsDamon DelMonte - Managing Director in Equity ResearchDavid Long - Managing Director in Equity ResearchDoug Bauche - Chief Banking OfficerJim Lally - President and CEOKeene Turner - CFO and COONathan Race - Managing DirectorConference Call ParticipantsJeff Rulis - Managing Director and Senior Research AnalystOperatorHello, and thank you for standing ...

Financial Data and Key Metrics Changes - The company reported earnings of $1.45 per diluted share for Q4 2025, an increase from $1.19 in the linked quarter and $1.28 in Q4 2024 [3] - Return on average assets was 1.27%, and pre-provision return on average assets was 1.74% [3] - Net interest income for the quarter reached $168 million, up $10 million from the linked quarter and $22 million from Q4 2024 [3][4] - The tangible common equity to tangible assets ratio was 9.07%, with a return on tangible common equity of 14.02% for Q4 [5] Business Line Data and Key Metrics Changes - Loan growth for the quarter was $217 million, primarily due to acquired loans from the branch acquisition [6] - Deposits grew by $1 billion in Q4, with $400 million from new and existing clients and $600 million from the branch purchase [7] - The cost of deposits decreased to 1.64%, and the level of demand deposits to total deposits improved to 33.4% [8] Market Data and Key Metrics Changes - The Southwest market showed the strongest growth, driven by quality commercial and industrial relationships [17] - Organic deposit growth for the year was 6.5%, amounting to $854 million, with Q4 organic deposit growth at $432 million [18] Company Strategy and Development Direction - The branch acquisition accelerated the company's strategy in higher growth markets by several years [4] - The company aims to continue producing high-quality earnings and has a clear path to improve credit statistics in the upcoming quarters [10][11] - The focus remains on automating non-value-added tasks to enhance productivity and efficiency [11] Management's Comments on Operating Environment and Future Outlook - Clients remain optimistic about the economy, particularly in sectors related to power generation and infrastructure improvements [12] - The company expects to maintain a diversified, relationship-oriented model that has compounded tangible book value per share at over 11% for the last 14 years [13] Other Important Information - The company increased its dividend by $0.01 per share to $0.32 for Q4 and repurchased 67,000 shares at an average price of $52.64 [6] - Non-performing assets (NPAs) increased to 95 basis points of total assets, with expectations to reduce this to historical levels in the next couple of quarters [32] Q&A Session Summary Question: Timing and details on foreclosed properties - The company took control of six properties in December after a favorable ruling from the bankruptcy court, with expectations for resolution by the end of Q2 2026 [42][43] Question: Fee income and non-interest expense expectations - Fee income is expected to grow at about 5% year-over-year, with non-interest expenses projected to grow around 5% as well [50][51] Question: Charge-offs and provisioning outlook - The company anticipates charge-offs to decrease from elevated levels seen in 2025, with a focus on maintaining appropriate reserves [76][79] Question: Capital management and buyback plans - The company has approximately 150,000 shares remaining for buyback and is focused on leveraging capital for growth in 2026 [81][82]

Exhibit 99.2 Enterprise Financial Services Corp 2025 Fourth Quarter Earnings Webcast Forward-Looking Statements Some of the information in this report may contain "forward-looking statements" within the meaning of and intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include projections based on management's current expectations and beliefs concerning future developments and their potential effects on the Company ...

分组1 - Enterprise Financial Services (EFSC) reported quarterly earnings of $1.36 per share, missing the Zacks Consensus Estimate of $1.37 per share, but showing an increase from $1.32 per share a year ago, resulting in an earnings surprise of -0.37% [1] - The company posted revenues of $193.59 million for the quarter ended December 2025, surpassing the Zacks Consensus Estimate by 4.90%, compared to year-ago revenues of $167 million [2] - The stock has gained about 3% since the beginning of the year, outperforming the S&P 500's gain of 1% [3] 分组2 - The current consensus EPS estimate for the coming quarter is $1.28 on revenues of $181.35 million, and for the current fiscal year, it is $5.54 on revenues of $752.6 million [7] - The Zacks Industry Rank for Banks - Midwest is currently in the bottom 38% of over 250 Zacks industries, indicating potential challenges for performance compared to higher-ranked industries [8]

ST. LOUIS--(BUSINESS WIRE)--Jim Lally, President and Chief Executive Officer of Enterprise Financial Services Corp (Nasdaq: EFSC) (the "Company†or "EFSC†), commented, "I am proud of how we ended 2025, which was another successful year for the Company. The completion of the branch acquisition in Arizona and Kansas during the quarter has enhanced our funding profile and strengthened our position in two important markets.†Lally added, "We reported diluted earnings per share of $1.45 for the four. ...

Lally added, "We reported diluted earnings per share of $1.45 for the fourth quarter and $5.31 for the full year 2025. Our earnings resulted in a 1.27% ROAA and a 14.02% ROATCE for the fourth quarter. For the full year, we had a 1.24% ROAA and a 13.34% ROATCE. We leveraged our capital position in the year to execute on the branch acquisition, increase our common stock dividends 15% and repurchase $14.1 million of common stock, while still increasing tangible book value by 11% in 2025. This represents the 14 ...

Core Insights - The company reported strong financial performance for Q1 2025, with earnings per diluted share of $1.31, an increase from $1.28 in the previous quarter and $1.05 in Q1 2024, reflecting a consistent growth trajectory [2][29] - The company announced the acquisition of 12 branches from First Interstate Bank, which is expected to enhance its market presence, particularly in Arizona, and is aligned with its growth strategy [3][7][8] Financial Performance - Net interest income (NII) increased by $1.1 million compared to the previous quarter, marking the fourth consecutive quarter of NII expansion, with a net interest margin of 4.15% [2][22] - The adjusted return on assets was reported at 1.29%, with a pre-provision return on average assets (ROAA) of 1.71% [2] - The company experienced a 3% loan growth, amounting to $78 million, although net growth was impacted by the sale of $30 million in SBA loans and a seasonal decline in tax credit loans totaling approximately $75 million [1][12] Deposit and Loan Activity - The company maintained stable deposit flows despite typical seasonal outflows, with a diversified deposit base that includes 33% demand deposit accounts (DDA) [5][19] - Total client deposits, excluding brokered funds, increased by 7.7% year-over-year, with national deposit verticals growing by $134 million or roughly 16% annualized in Q1 [17][18] - Loan production was robust, with originations up nearly 40% from Q1 of the previous year, particularly in commercial and industrial (C&I) loans and investor commercial real estate [12][13] Acquisition Strategy - The acquisition of branches is seen as a strategic move to leverage existing market strengths and enhance the company's competitive position in Arizona, where it has experienced significant growth [8][10] - The deal is expected to bring in approximately $740 million in favorably priced deposits and $200 million in related commercial loans, contributing positively to earnings per share (EPS) accretion in 2026 and beyond [7][10] Risk Management and Credit Quality - Non-performing assets (NPAs) increased to 72 basis points of total assets, primarily due to two loans linked to common ownership that went into bankruptcy, but the company remains confident in its risk management processes [11][24][25] - The allowance for credit losses was adjusted to 1.27% of total loans, reflecting a proactive approach to potential economic challenges [26][59] Capital Management - The tangible common equity (TCE) ratio was reported at 9.30%, with a 14% annualized increase in tangible book value per common share to $38.54 [6][28] - The company increased its dividend by $0.01 per share to $0.30 for Q2 2025 and returned $11 million to shareholders through share repurchases [7][29]

Core Insights - Wall Street analysts expect Enterprise Financial Services (EFSC) to report quarterly earnings of $1.37 per share, reflecting a year-over-year increase of 3.8% [1] - Revenues are projected to reach $184.55 million, which is a 10.5% increase from the same quarter last year [1] - The consensus EPS estimate has remained unchanged over the past 30 days, indicating a stable outlook from analysts [1] Financial Metrics - Analysts forecast the 'Efficiency Ratio' to be 59.9%, slightly up from 59.6% reported in the same quarter last year [4] - The 'Net Interest Margin' is expected to reach 4.2%, compared to 4.1% a year ago [4] - The 'Average Balance - Total interest earning assets' is projected at $15.82 billion, an increase from $14.32 billion in the previous year [4] Income Estimates - 'Total Noninterest Income' is expected to be $19.22 million, down from $20.63 million in the same quarter last year [5] - The consensus estimate for 'Net interest income (FTE)' stands at $168.57 million, compared to $148.64 million a year ago [5] - The average prediction for 'Net Interest Income' is $165.22 million, up from $146.37 million in the same quarter last year [6] Additional Income Projections - Analysts estimate 'Noninterest Income - Other income' to reach $5.25 million, compared to $4.68 million a year ago [6] - The estimated 'Tax credit income' is projected at $2.75 million, down from $6.02 million in the previous year [7] - 'Deposit service charges' are expected to be $5.00 million, an increase from $4.73 million reported last year [7] Market Performance - Over the past month, shares of Enterprise Financial Services have returned -0.6%, compared to a -0.4% change in the Zacks S&P 500 composite [7] - EFSC currently holds a Zacks Rank 3 (Hold), suggesting its performance may align with the overall market in the near future [7]