Enterprise Financial Q4 adjusted EPS beats estimates

Overview

• Financial services firm's Q4 adjusted EPS beat analyst expectations

• Net income for Q4 was $54.8 mln, with EPS at $1.45

• Company completed branch acquisition, adding $292 mln in loans and $609.5 mln in deposits

Outlook

• Company did not provide specific guidance for 2026 in its press release

Result Drivers

• BRANCH ACQUISITION - Completion of branch acquisition in Arizona and Kansas added $292 mln in loans and $609.5 mln in deposits

• NET INTEREST INCOME - Increase in net interest income driven by higher average loan and securities balances, and lower rates on interest-bearing liabilities

• NONINTEREST INCOME - Noninterest income decreased from linked quarter due to non-recurrence of insurance proceeds, but increased from prior year quarter due to gains on OREO and higher tax credit income

Key Details

Analyst Coverage

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

• The average consensus recommendation for the banks peer group is "buy"

• Wall Street's median 12-month price target for Enterprise Financial Services Corp is $65.00, about 16.9% above its January 23 closing price of $55.61

• The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

Press Release: ID:nBwbgRJzfa

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