FX.co ★ Enterprise Financial Services Corp. Q2 Profit Increases, Beats Estimates

Enterprise Financial Services Corp. (EFSC) has reported its second-quarter earnings, which have shown an increase from the previous year and surpassed Wall Street predictions. The company posted a net income of $47.90 million, or $1.28 per share, compared to $43.59 million, or $1.16 per share, in the same period last year. When adjusting for certain items, EFSC's earnings were $1.32 per share for the quarter. Market analysts had predicted earnings of $1.16 per share, generally excluding one-time items. Here's a brief overview of Enterprise Financial Services Corp.'s earnings under Generally Accepted Accounting Principles (GAAP): Net Income: $47.90 million, compared with $43.59 million last year; Earnings Per Share (EPS): $1.28, up from $1.16 last year.