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Jun 30, 2020
Enterprise Financial Q2 2020 Earnings Report
Reported a net income for Q2 2020
Key Takeaways
Enterprise Financial Services Corp reported a net income of $14.6 million for the second quarter 2020, an increase of $1.8 million compared to the linked first quarter and a decrease of $3.8 million from the prior year quarter. Earnings per diluted share was $0.56 for the second quarter 2020, compared to $0.48 and $0.68 for the linked and prior year quarters, respectively.
Net income of $14.6 million, $0.56 per diluted share, including the impact of provision for credit losses of $0.56 per share
Net interest margin (tax equivalent) of 3.53%
Return on average assets of 0.72%
Maintained dividend of $0.18 per share for third quarter