CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Enterprise Financial Services Corp. (EFSC) on Monday reported first-quarter net income of $40.4 million.
The bank, based in Clayton, Missouri, said it had earnings of $1.05 per share. Earnings, adjusted for non-recurring costs, came to $1.07 per share.
The results missed Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.10 per share.
The financial holding company posted revenue of $219.9 million in the period. Its revenue net of interest expense was $149.9 million, which also did not meet Street forecasts.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on EFSC at https://www.zacks.com/ap/EFSC
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