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Q1: 2026-04-22 Earnings Summary
EPS of $1.31 beats by $0.01
|
Revenue of
$185.24M
(11.59% Y/Y)
beats by $15.54M
Enterprise Financial Services Corp (EFSC) Q1 2026 Earnings Call April 23, 2026 11:00 AM EDT
Company Participants
James Lally - President, CEO & Director
Douglas Bauche - Senior EVP & Chief Banking Officer
Keene Turner - Senior EVP, CFO & COO
Conference Call Participants
Jeff Rulis - D.A. Davidson & Co., Research Division
Damon Del Monte - Keefe, Bruyette, & Woods, Inc., Research Division
Nathan Race - Piper Sandler & Co., Research Division
Presentation
Operator
Good day, everyone, and welcome to Enterprise Financial Services Corp. First Quarter 2026 Earnings Conference Call. Please note that this call is being recorded. [Operator Instructions]. I'd now like to hand the call over to Jim Lally, President and CEO. Please go ahead.
James Lally
President, CEO & Director
Thank you all very much for joining us this morning, and welcome to our 2026 first quarter earnings call. Joining me this morning is Keene Turner, EFSC's Chief Financial Officer and Chief Operating Officer, and Doug Bauche, Chief Banking Officer of Enterprise Bank & Trust.
Before we begin, I would like to remind everybody on the call that a copy of the release and accompanying presentation can be found on our website. The presentation and earnings release were furnished on SEC Form 8-K yesterday. Please refer to Slide 2 of the presentation titled Forward-Looking Statements and our most recent 10-K for reasons why actual results may vary from any forward-looking statements that we make today.
Our financial scorecard begins on Slide 3. The solid financial performance that we've generated over the past several years continued into the first quarter of 2026. For the quarter, we earned $1.30 per diluted share compared to a seasonally strong $1.45 in the linked quarter and $1.31 in the first quarter of 2025. This level of performance produced a return on assets of 1.16% and a pre-provision ROAA of 1.65% I would
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