Enterprise Financial Services (EFSC) Tops Q4 EPS by 31c
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Enterprise Financial Reports Fourth Quarter and Full Year 2020 Results
January 25, 2021 4:13 PM ESTFourth Quarter Results
Closed the acquisition of Seacoast Commerce Banc Holdings (Seacoast), adding approximately $1.3 billion in assets, $1.2 billion in loans and $1.0 billion in deposits Net income of $28.9 million, or $1.00 per diluted share. Net interest margin of 3.66% Return on average assets (ROAA) of 1.26%; Pre-Provision Net Revenue (PPNR) ROAA1 of 2.07%2020 Results
Net income of $74.4 million, or $2.76 per diluted share ROAA of 0.90%; PPNR ROAA1 of 1.96% Net interest margin of 3.56% Issued $63.3 million of subordinated debt to strengthen... More