Enterprise Financial Services Corp reported strong fourth quarter and full year 2024 financial results, driven by a focus on clients, associates, and a diversified business model. The company reported diluted earnings per share of $1.28 for the fourth quarter and $4.83 for the full year 2024. Earnings resulted in a 1.27% ROAA and a 13.63% ROATCE for the fourth quarter.
Net income of $48.8 million, or $1.28 per diluted common share, compared to $1.16 in the prior year quarter.
Net interest income of $146.4 million, quarterly increase of $2.9 million.
Total loans of $11.2 billion, quarterly increase of $140.5 million, or 5% annualized.
Total deposits of $13.1 billion, quarterly increase of $681.2 million.
As we look to 2025, we expect to continue to leverage these investments and capitalize on opportunities to grow and strengthen the Company.