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Enterprise Financial Services Corp reported a net income of $50.6 million, or $1.32 per diluted common share, for the third quarter of 2024. The company saw increases in net interest income, total loans, and total deposits. The net interest margin was 4.17%.
Net income was $50.6 million, or $1.32 per diluted common share.
Net interest margin was 4.17%, a quarterly decrease of 2 basis points.
Net interest income was $143.5 million, a quarterly increase of $2.9 million.
Total deposits reached $12.5 billion, marking a quarterly increase of $182.9 million.
The company did not provide specific forward guidance in this earnings report.