Enterprise Financial Services Corporation (EFSC) To Go Ex-Dividend on March 13th

Enterprise Financial Services Corporation (NASDAQ:EFSC) announced a quarterly dividend on Monday, January 26th. Stockholders of record on Friday, March 13th will be given a dividend of 0.33 per share by the bank on Tuesday, March 31st. This represents a c) dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date is Friday, March 13th. This is a 3.1% increase from Enterprise Financial Services’s previous quarterly dividend of $0.32.

Enterprise Financial Services has raised its dividend payment by an average of 0.1%annually over the last three years and has increased its dividend every year for the last 11 years. Enterprise Financial Services has a payout ratio of 24.2% meaning its dividend is sufficiently covered by earnings. Analysts expect Enterprise Financial Services to earn $5.25 per share next year, which means the company should continue to be able to cover its $1.32 annual dividend with an expected future payout ratio of 25.1%.

Enterprise Financial Services Stock Up 0.3%

Shares of EFSC opened at $54.20 on Wednesday. The firm has a market cap of $2.00 billion, a P/E ratio of 10.21 and a beta of 0.82. The company has a debt-to-equity ratio of 0.24, a quick ratio of 0.84 and a current ratio of 0.84. Enterprise Financial Services has a 52 week low of $45.22 and a 52 week high of $62.30. The firm’s 50-day simple moving average is $57.18 and its 200 day simple moving average is $56.74.

Enterprise Financial Services (NASDAQ:EFSC) last issued its quarterly earnings data on Monday, January 26th. The bank reported $1.36 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.37 by ($0.01). The firm had revenue of $190.95 million for the quarter, compared to the consensus estimate of $188.54 million. Enterprise Financial Services had a return on equity of 10.57% and a net margin of 20.15%. On average, analysts forecast that Enterprise Financial Services will post 4.97 earnings per share for the current year.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp. (NASDAQ: EFSC) is a bank holding company headquartered in Clayton, Missouri, operating through its primary subsidiary, Enterprise Bank & Trust. The company provides a comprehensive range of banking and financial services to individuals, small- and mid-sized businesses, and institutional clients. Its capabilities encompass deposit products, lending solutions, mortgage banking, and treasury management, supported by a full suite of digital banking tools and personalized client service.

In its commercial banking segment, Enterprise Bank & Trust offers lines of credit, equipment financing, commercial real estate loans, construction lending and agriculture lending.