Enterprise Financial Services (EFSC) Fixed Income Presentation summary

Executive leadership and business model

• Leadership team has deep experience, with CEO, CFO/COO, and Chief Banking Officer averaging over 19 years tenure each.

• Operates a high-performance commercial franchise with $17.3B in assets and $2.1B market cap as of February 2026.

• Focuses on commercial lending, business banking, and specialized lending verticals such as SBA, sponsor finance, tax credits, and life insurance premium finance.

• Maintains a highly productive branch network and national deposit verticals, targeting privately owned businesses.

Strategic growth and performance

• Achieved consistent growth through disciplined organic strategy and selective M&A, expanding footprint and deposit base.

• Five acquisitions since 2013 have enhanced geographic diversification and product lines, including a recent branch acquisition in Arizona and Kansas.

• 10-year CAGR: loans 15.7%, deposits 18.0%, with tangible book value per share compounding.

• Added 29 high-performing producers since 2021 to deepen presence in core growth markets.

Financial highlights and profitability

• 4Q25 net income was $54.8M, diluted EPS $1.45, and net interest income $168.2M with NIM at 4.26%.

• ROAA for 2025 was 1.24%, ROATCE 13.3%, and tangible common equity/tangible assets at 9.07%.

• Nonperforming loans/loans at 0.70%, allowance coverage ratio at 1.19% (1.29% adjusted for guaranteed loans).

• Maintains strong capital ratios: CET1 at 11.6%, Tier 1 leverage at 10.5%, and total risk-based capital at 13.9%.