Enterprise Financial Services (EFSC) Investor presentation summary

Unique value proposition and business model

• Focused commercial bank diversified across verticals and geographic markets, with empowered associates and digital technology solutions supporting industry-leading service.

• Tenured management team with an average of 15 years at the company and 24 years in the industry.

• Strong capital foundation and consistent history of delivering results, including a 10-year CAGR of 9.8% in tangible book value per share.

• Differentiated business model with lending and deposit verticals, focusing on privately owned businesses and business owners.

Financial performance and growth

• Total assets of $17.2B and market cap of $2.2B as of April 2026.

• 10-year CAGR: loans 15.2%, deposits 17.3%, with balance sheet growth driving earnings growth.

• Pre-provision net revenue ROAA improved from 1.65% in 2022 to 2.06% in 2025.

• Net interest margin at 3.41% for 1Q26, with a focus on process excellence, automation, and cost discipline.

• Consistent dividend increases and active stock repurchase program, returning $27.3M to stockholders in 1Q26.

Risk management and balance sheet strength

• Strong credit process, effective controls, and high-quality assets, with nonperforming loans at 0.56% and allowance coverage ratio at 1.21%.

• Diversification across asset classes, geography, and industry, with a well-managed CRE concentration.

• CET1 ratio at 11.7% and TCE ratio at 9.01% as of 1Q26.

• $7.5B in available liquidity and 63% of loans adjustable rate, providing flexibility in different rate environments.