Loading...
•
Sep 30, 2022
Enterprise Financial Q3 2022 Earnings Report
Achieved near record earnings, driven by loan growth and expanded net interest income.
Key Takeaways
Enterprise Financial Services Corp reported a strong third quarter in 2022, with net income of $50.2 million and earnings per share of $1.32. The company saw growth in loans, maintained liquidity, and expanded net interest income.
Net income reached $50.2 million, translating to $1.32 per diluted common share.
Net interest income increased to $124.3 million, a 13% increase compared to the previous quarter.
Total loans amounted to $9.3 billion, reflecting a quarterly increase of $122.0 million, or 5% annualized.
The quarterly dividend was increased by $0.01 to $0.24 per common share for the fourth quarter.
Forward Guidance
The company is well positioned to finish the year with strong performance.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...