Showing 1-10 of about 69 articles.
Enterprise Financial
Enterprise Bank & Trust Completes Gorman & Gorman Home Loans Acquisition
ST. LOUIS, May 20, 2013 (GLOBE NEWSWIRE) -- Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (Nasdaq:EFSC), announced today that it has acquired the operating assets of Gorman & Gorman Home Loans, a division of F&M Bank and Trust Company. Mark Gorman, founder and President of Gorman & Gorman, has joined Enterprise as President of Enterprise Home Loans, the Bank's mortgage lending division. Also joining Enterprise were approximately 30 mortgage producers, underwriters and operations staff in St. Louis, Cape Girardeau and Springfield MO.
Enterprise Financial
Enterprise Financial Reports First Quarter 2013 Results
ST. LOUIS, April 25, 2013 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) (the "Company") reported net income of $10.0 million for the quarter ended March 31, 2013, compared to net income of $6.2 million for the prior year period. Net income per diluted share was $0.53 for the first quarter of 2013, compared to $0.31 per diluted share for the first quarter of 2012. Higher net interest income as well as a reduction in non-interest expenses drove the increase in net income.
Enterprise Financial
Enterprise Financial CEO Peter Benoist to Extend Tenure as Chief Executive
ST. LOUIS, March 26, 2013 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) announced today that it has amended the employment agreement of President and Chief Executive Officer Peter F. Benoist to provide for an extension of his tenure as CEO. The original term of Benoist's employment agreement was scheduled to expire on December 31, 2013. However, the Company and Benoist have agreed on an amendment under which Benoist would continue as CEO through at least December 31, 2014. Under the terms of the agreement Benoist is eligible to earn two cash bonuses of $250,000 after December 31, 2013 and after December 31, 2014.
Enterprise Financial
Enterprise Bank & Trust to Acquire Gorman & Gorman Home Loan Operations
ST. LOUIS, March 19, 2013 (GLOBE NEWSWIRE) -- Enterprise Bank & Trust, the banking subsidiary of Enterprise Financial Services Corp (Nasdaq:EFSC), announced today a definitive agreement to acquire certain assets of Gorman & Gorman Home Loans, a division of F&M Bank and Trust Company, subject to regulatory approval. Mark Gorman, founder and President of Gorman & Gorman, will join Enterprise as President of the Bank's combined mortgage organization. Also joining Enterprise will be approximately 30 mortgage producers, underwriters and operations staff in St. Louis, Cape Girardeau and Springfield MO.
Enterprise Financial
Enterprise Financial Declares Dividend
ST. LOUIS, March 4, 2013 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) announced that its Board of Directors has approved a regular quarterly dividend of $0.0525 on the Company's common stock, payable on March 29, 2013 to shareholders of record on March 15, 2013.
Enterprise Financial
Enterprise Financial Reports Fourth Quarter 2012 and Year End Results
ST. LOUIS, Jan. 24, 2013 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) (the "Company") reported net income of $28.3 million for the year ended December 31, 2012, compared to net income of $25.4 million for the prior year period. After deducting dividends and accretion on preferred stock, the Company reported net income of $1.37 per diluted share as compared to $1.34 in 2011. The accelerated accretion associated with the Company's repurchase of preferred stock reduced 2012 diluted earnings per share for the fourth quarter and full year of 2012 by approximately $0.03.
Enterprise Financial
Enterprise Financial Repurchases Warrants From U.S. Treasury
ST. LOUIS, Jan. 9, 2013 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) announced today that it has repurchased the warrants issued to the United States Department of the Treasury as part of the TARP Capital Purchase Program. The warrants provided the right to purchase 324,074 shares of Enterprise common stock. Enterprise and the Treasury Department agreed upon a repurchase price of approximately $1.0 million for the warrants.
Enterprise Financial
Enterprise Financial Declares Dividend
ST. LOUIS, Dec. 4, 2012 (GLOBE NEWSWIRE) -- Enterprise Financial Services Corp (Nasdaq:EFSC) announced that its Board of Directors has approved a regular quarterly dividend of $0.0525 on the Company's common stock, payable on December 31, 2012 to shareholders of record on December 15, 2012.
Showing 1-10 of about 69 articles.