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Mar 31, 2023
Enterprise Financial Q1 2023 Earnings Report
Delivered strong results in Q1 with high quality loan growth, enhanced liquidity and an improved capital position.
Key Takeaways
Enterprise Financial Services Corp reported a strong first quarter with a net income of $55.7 million, or $1.46 per diluted common share. The company saw increases in total loans and deposits, along with an improved net interest margin.
Net income was $55.7 million, $1.46 per diluted common share.
Net interest margin was 4.71%, a quarterly increase of five basis points.
Total loans reached $10.0 billion, a quarterly increase of $274.8 million.
Total deposits amounted to $11.2 billion, a quarterly increase of $325.5 million.
Enterprise Financial
Enterprise Financial
Enterprise Financial Revenue by Segment
Revenue by Segment
Commercial & Industrial Revenue
CapyFin.comCommercial Real Estate Revenue
CapyFin.comConstruction Real Estate Revenue
CapyFin.comResidential Real Estate Revenue
CapyFin.com Forward Guidance
As we look to the remainder of 2023, we believe the strength of our balance sheet and our diversified business model have us well positioned.