ENTERPRISE FINANCIAL SERVICES CORP Earnings Per Share Disclosure
| Year ended December 31, | |||||||||||||||||
| (in thousands, except per share data) | 2025 | 2024 | 2023 | ||||||||||||||
| Net income available to common stockholders | $ | 197,624 | $ | 181,516 | $ | 190,309 | |||||||||||
| Weighted average common shares outstanding | 36,987 | 37,357 | 37,370 | ||||||||||||||
| Additional dilutive common stock equivalents | 252 | 210 | 137 | ||||||||||||||
| Weighted average diluted common shares outstanding | 37,239 | 37,567 | 37,507 | ||||||||||||||
| Basic earnings per common share | $ | 5.34 | $ | 4.86 | $ | 5.09 | |||||||||||
| Diluted earnings per common share | $ | 5.31 | $ | 4.83 | $ | 5.07 | |||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Feb 27, 2026 | Showing above |
| 2024 | Feb 28, 2025 | |
| 2023 | Feb 26, 2024 | |
| 2022 | Feb 24, 2023 | |
| 2021 | Feb 25, 2022 | |
| 2020 | Feb 19, 2021 | |
| 2019 | Feb 21, 2020 | |
| 2018 | Feb 22, 2019 | |
| 2017 | Feb 23, 2018 | |
| 2016 | Feb 24, 2017 | |
| 2015 | Feb 26, 2016 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.