Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Below, we take a look at Enterprise Financi ...

Enterprise Financial Services Corp. (NASDAQ:EFSC) Q2 2024 Earnings Conference Call July 23, 2024 11:00 AM ET Company Participants Jim Lally - President & Chief Executive Officer Scott Goodman - President, Enterprise Bank & Trust Keene Turner - Chief Financial Officer and Chief Operating Officer Doug Bauche - Chief Credit Officer, Enterprise Bank & Trust Conference Call Participants Jeff Rulis - DA Davidson Andrew Liesch - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Montgomery Scott Operator Hel ...

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 including, without limitation, plans, strategies and goals, and statements about the Company's expectations reg ...

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. The reported revenue compares to the Zacks Consensus Estimate of $153.41 million, representing a surprise of +1.70%. The company delivered an EPS surprise of +14.15%, with the consensus EPS estimate being $1.06. Efficiency Ratio: 60.3% versus 61.3% estimated by three analysts on average. Net Interest Margin: 4.2% ...

Second Quarter Results • Net income of $45.4 million, or $1.19 per diluted common share, compared to $1.05 in the linked quarter and $1.29 in the prior year quarter • Net interest margin of 4.19%, quarterly increase of 6 basis points • Net interest income of $140.5 million, quarterly increase of $2.8 million • Total loans of $11.0 billion, quarterly decrease of $28.5 million • Total deposits of $12.3 billion, quarterly increase of $28.7 million • Return on Average Assets ("ROAA") of 1.25%, compared to 1.12% ...

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight. Analysts predict that the 'Efficiency Ratio' will reach ...

Shares of Enterprise Financial Services rallied for the fourth straight trading session. With the Federal Reserve keeping an eye on unemployment reports and cooling inflation numbers, market participants are projecting interest rate cuts as early as during the September FOMC meeting. Thus, this is a positive development for banks that are already reeling under the Fed's aggressive monetary tightening. As the rates come down, so will banks' funding costs. Hence, the investors turned bullish on banking sector ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D. C. 20549 FORM 10-Q ☒ Quarterly Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the quarterly period ended March 31, 2024. ☐ Transition Report Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 For the transition period from ______ to ______ Commission file number 001-15373 ENTERPRISE FINANCIAL SERVICES CORP Incorporated in the State of Delaware I.R.S. Employer Identification # 43-1706259 Add ...

Net Interest Margin 3.03% 3.06% 3.11% 3.20% 3.27% Margin Bridge 4.23% 0.05% (0.04)% (0.07)% (0.04)% 4.13% 4Q23 Loans Other Earning Asset Mix Funding Mix Cost of Funds 1Q24 | --- | --- | --- | --- | --- | |-------|-------|-------|-------|-------| | 6.33% | 6.64% | 6.80% | Components of Interest-earning Assets \n6.87% | 6.87% | | | | | | | | | | | | | Annualized Net Charge-offs (Recoveries) to Average Loans (1) 12 26 106 22 1Q23 2Q23 3Q23 4Q23 1Q24 bps bps bps bps bps Loan Growth and Average Line of Credit Ut ...

Enterprise Financial Services Corp (NASDAQ:EFSC) Q1 2024 Earnings Conference Call April 23, 2024 11:00 AM ET Company Participants Jim Lally - President and Chief Executive Officer Keene Turner - Chief Financial Officer and Chief Operating Officer Scott Goodman - President, Enterprise Bank & Trust Doug Bauche - Chief Credit Officer, Enterprise Bank & Trust Conference Call Participants Jeff Rulis - D.A. Davidson Andrew Liesch - Piper Sandler Damon DelMonte - KBW Brian Martin - Janney Operator Thank you for st ...