CLAYTON, Mo. (AP) — CLAYTON, Mo. (AP) — Enterprise Financial Services Corp. (EFSC) on Monday reported third-quarter net income of $50.6 million.
The Clayton, Missouri-based bank said it had earnings of $1.32 per share. Earnings, adjusted for non-recurring gains, came to $1.29 per share.
The results exceeded Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was for earnings of $1.14 per share.
The financial holding company posted revenue of $237.7 million in the period. Its revenue net of interest expense was $164.9 million, also exceeding 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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