CLAYTON, Mo. (AP) _ Enterprise Financial Services Corp. (EFSC) on Monday reported second-quarter profit of $14.6 million.
The bank, based in Clayton, Missouri, said it had earnings of 56 cents per share.
The results matched Wall Street expectations. The average estimate of four analysts surveyed by Zacks Investment Research was also for earnings of 56 cents per share.
The financial holding company posted revenue of $83.2 million in the period. Its revenue net of interest expense was $83.2 million, which topped Street forecasts. Three analysts surveyed by Zacks expected $74.7 million.
Enterprise Financial Services shares have decreased 41% since the beginning of the year. In the final minutes of trading on Monday, shares hit $28.53, a decline of 28% in the last 12 months.