Enterprise Financial Services Corporation (NASDAQ:EFSC) posted its earnings results on Monday. The bank reported $0.69 earnings per share for the quarter, beating the consensus estimate of $0.68 by $0.01, Zacks reports. The company had revenue of $54.00 million for the quarter, compared to analyst estimates of $54.11 million. Enterprise Financial Services Corporation had a net margin of 24.54% and a return on equity of 11.18%.

Enterprise Financial Services Corporation (NASDAQ EFSC) traded up 0.70% during trading on Tuesday, reaching $43.25. 99,110 shares of the company’s stock traded hands. The firm has a market capitalization of $1.01 billion, a PE ratio of 18.82 and a beta of 0.86. Enterprise Financial Services Corporation has a 1-year low of $32.25 and a 1-year high of $46.25. The firm has a 50 day moving average of $41.20 and a 200 day moving average of $40.81.

ILLEGAL ACTIVITY WARNING: This news story was originally posted by American Banking News and is owned by of American Banking News. If you are viewing this news story on another website, it was illegally stolen and republished in violation of US & international copyright & trademark legislation. The original version of this news story can be viewed at https://www.americanbankingnews.com/2017/10/23/enterprise-financial-services-corporation-efsc-issues-quarterly-earnings-results.html.

Several equities analysts have weighed in on EFSC shares. Piper Jaffray Companies reiterated a “buy” rating and issued a $48.00 target price on shares of Enterprise Financial Services Corporation in a report on Friday, July 28th. Keefe, Bruyette & Woods reiterated a “hold” rating and issued a $46.00 target price on shares of Enterprise Financial Services Corporation in a report on Tuesday, October 3rd. Zacks Investment Research upgraded shares of Enterprise Financial Services Corporation from a “sell” rating to a “hold” rating in a report on Tuesday, September 26th. Finally, BidaskClub lowered shares of Enterprise Financial Services Corporation from a “hold” rating to a “sell” rating in a report on Wednesday, July 12th.

In other news, insider Douglas Bauche sold 1,200 shares of Enterprise Financial Services Corporation stock in a transaction dated Thursday, August 31st. The shares were sold at an average price of $38.11, for a total transaction of $45,732.00. Following the completion of the sale, the insider now directly owns 1,639 shares in the company, valued at $62,462.29. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, Director Michael Holmes purchased 2,556 shares of the stock in a transaction dated Tuesday, August 15th. The shares were purchased at an average price of $38.74 per share, with a total value of $99,019.44. Following the completion of the acquisition, the director now owns 2,716 shares of the company’s stock, valued at $105,217.84. The disclosure for this purchase can be found here. Insiders own 5.60% of the company’s stock.

About Enterprise Financial Services Corporation

Enterprise Financial Services Corp is a financial holding company for a full service banking subsidiary, Enterprise Bank & Trust (the Bank). The Bank offers banking and wealth management services to individuals and business customers primarily located in the St. Louis, Kansas City and Phoenix metropolitan markets.

Earnings History for Enterprise Financial Services Corporation (NASDAQ:EFSC)

Receive News & Ratings for Enterprise Financial Services Corporation Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Enterprise Financial Services Corporation and related companies with MarketBeat.com's FREE daily email newsletter.