Enterprise Financial Services Corporation · NASDAQ:EFSC
Enterprise Financial Services — Investor Presentation (July 2026)
36 slides from Enterprise Financial Services's investor presentation, Jul 27, 2026
Slide 1: Investor Presentation July 2026
Investor Presentation July 2026 Exhibit 99.1
Slide 2: Forward-Looking Statements
2 Forward-Looking Statements Some of the information in this report may contain “forward-looking statements” within the meaning of and intended to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements may include projections
Slide 3: EFSC's Unique Value Proposition
3 Empowered associates providing industry-leading service, supported by digital technology solutions Tenured and experienced management team Strong capital foundation and consistent history of delivering results Differentiated strategies delivering growth Focused commercial bank, diversified across
Slide 4: EFSC Overview
EFSC Overview Zo ISTRERISE
Slide 5: Differentiated Business Model
5 Differentiated Business Model Focused on privately owned businesses and business owners Commercial Deposits • Highly productive network of 54 branches with $193M2 average deposits per branch • Complete and easy-to-use cash management services Deposit Verticals • Community associations • Property m
Slide 6: Since 2013, Continually Optimizing Performance
6 Midwest-focused FDIC-assisted acquisitions Expanded deposit base Expanded footprint through five acquisitions Delivered performance improvements Tackled challenges, including COVID and bank liquidity crisis Aligned incentives Diversified across geographies and verticals Consistent growth Compoundi
Slide 7: Diversified Deposit Base
7 $14.5B Total Deposits Note: 2Q26 data Interest- Bearing Demand Accounts by Typeby Region Deposit Verticals 28% Southwest 19% Midwest 45% West 8% DDA 34% MMA & Savings 31% CD 12% Interest-Bearing Demand Accounts 23% Diversified Deposit Base
Slide 8: Balanced Loan Portfolio
8 CRE-IO 26% CRE-OO 21% C&I 44% Construction 6% Residential 3% by Product Type $11.9B Total Loans by Region1 Specialty 36% Southwest 20% Midwest 28% West 16% Note: 2Q26 data 1Excludes "Consumer" loans Balanced Loan Portfolio
Slide 9: EFSC's Customer-Focused Culture
9 Aligned teams providing client-focused solutions Vision: To be a company where our associates are proud to work, that delivers ease of navigation to our customers and value to our investors, while helping our communities flourish. Mission: Guiding people to a lifetime of financial success. EFSC’s
Slide 10: Seasoned Executive Leadership Team
10 58, President & CEO, EFSC Enterprise Tenure: 22 years 46, SEVP, CFO & COO, EFSC Enterprise Tenure: 12 years 57, SEVP, Chief Credit Officer, Enterprise Bank & Trust Enterprise Tenure: 7 years 56, SEVP, Chief Banking Officer, Enterprise Bank & Trust Enterprise Tenure: 26 years 55, SEVP, Chief Admin
Slide 11: Delivering Efficiency & Top Quartile NIM
11 • Focus on process excellence, automation, and scale: • Completed branch acquisition of 10 branches in Arizona and two branches in Kansas • Continuing technology investments • Focus on client experience enhancement • Relentless cost discipline • Top quartile1 performance (2Q26) Net Interest Margi
Slide 12: Effective Risk Management as a Key Enabler
12 Approach • Strong credit process • Effective controls • High quality assets • Well positioned for different rate environments Managing risk • Diversification across asset classes, geography, and industry • Reducing agriculture exposure over time • Well managed CRE concentration Nonperforming Loan
Slide 13: Growth Strategy
Growth Strategy Zo ISTRERISE
Slide 14: Strategic Growth Pillars
14 Focused loan growth strategies High-quality talent additions through focused efforts Best-in-class technology Differentiated deposit verticals Well positioned in attractive markets1. 2. 3. 4. 5. Strategic Growth Pillars
Slide 15: Well-Positioned in Attractive Markets
15 Significant opportunities for growth and share gain in our markets Region Total Deposits ($B) Total Loans ($B) Market Profile Metro Midwest $6.5 $3.3 Stable St. Louis Kansas City Southwest $2.7 $2.4 Stable Albuquerque2 Growth Phoenix3 Dallas Las Vegas West $1.2 $1.9 Growth Los Angeles San Diego D
Slide 16: Differentiated Deposit Verticals
16 19% 39% 42% Community Associations $1.6 billion in deposit accounts. Specifically designed to serve the needs of community associations Property Management $1.7 billion in deposits. Specializing in the compliance of Property Management Trust Accounts Legal Industry and Escrow Services $777 millio
Slide 17: Focused Loan Growth Strategies
17 Lending verticals provide a competitive advantage, risk-adjusted pricing, and fee income opportunities SBA Loans • $1.2B in loans outstanding in SBA 7(a) loans, including $939M guaranteed • We remain a top 25 SBA 7(a) lender nationally • 1 of 8 lenders in a lower risk profile designated by the SB
Slide 18: Employee Ownership Strategy for High-Growth Utilities Contractor
18 Employee Ownership Strategy for High-Growth Utilities Contractor OPPORTUNITY High-growth contractor sought long- term stability through succession planning • Client needed a structure to ensure future sustainability without the owner stepping away • Client identified an Employee Stock Ownership P
Slide 19: High-Quality Talent Additions Through Focused Efforts
19 Additional talent delivering deposit and loan growth 6: Los Angeles 8: San Diego 18: Phoenix & Las Vegas* Talent acquisitions between 2021 & 2Q26 *Additions related to branch acquisition totaled 13 for Phoenix and 4 for KS, respectively 4. High-Quality Talent Additions Through Focused Efforts 41
Slide 20: Best-In-Class Technology
20 Leading technology solutions support growth and deliver best-in-class client experience Client life cycle supported by a competitive digital product set 5. Best-In-Class Technology Scaling great work for greater impact PROTECTONBOARD Setting clients up for a smooth transition Leveraging existing
Slide 21: Financial Overview and Outlook
Financial Overview and Outlook
Slide 22: Our Focused Strategy is Generating Growth
221A Non-GAAP Measure, Refer to Appendix for Reconciliation Pre-Provision Net Revenue1 $ in Millions Pre-Provision Net Revenue ROAA1 $259 $285 $255 $275 $139 2022 2023 2024 2025 2Q26 YTD 1.94% 2.06% 1.72% 1.70% 1.61% 2022 2023 2024 2025 2Q26 YTD Our Focused Strategy is Generating Growth
Slide 23: Consistently Growing and Creating Value
23 Loan & Deposits Trends ($B) $2.9 $11.9 $3.0 $14.5 EFSC Loans EFSC Deposits 2Q16 2Q26 Balance sheet growth driving earnings growth 10-Year TBV CAGR510-Year TTM4 EPS CAGR5 110-Year CAGR from 2Q16 – 2Q26; 29.3% excluding acquisitions; 311.3% excluding acquisitions and brokered CDs 4TTM – Trailing Tw
Slide 24: Flexible Balance Sheet Positioned for Growth
24 $7.2B Available Liquidity 63% Adjustable Rate Loans2 11.5% CET1 Ratio1 82% Loans to Deposits Note: 2Q26 data; 110.8% adjusting for unrealized losses on securities. These are non-GAAP measures, refer to appendix for reconciliation 2$600 million of adjustable-rate loans have been hedged against dec
Slide 25: Capital Allocation Priorities
25 High Capital Retention Rate • Strong earnings profile • Sustainable dividend profile Support Robust Asset Growth • Organic loan and deposit growth • High-quality M&A to enhance commercial franchise and geographic diversification Maintain High-Quality Capital Stack • Minimize WACC over time (prefe
Slide 26: Growth History and M&A Track Record
26 $5.3 $5.6 $7.3 $9.8 $13.5 $13.1 $14.5 $15.6 $17.3 $17.4 $4.4 $6.1 $8.5 $11.3 $16.7 $0.9 $1.2 $1.3 $2.2 $0.6 Merger / Acquisition Contribution EFSC Assets 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 Strategically enhanced geographic diversification and product lines through select M&A transa
Slide 27: Compelling Opportunities for Future Value Creation
27 Maximizing returns on investment Systems People Markets Deliver compounding tangible book value Consistent, reliable performance Continuously refining and improving Driving efficiency Optimizing processes Realizing system returns Grow balance sheet mid-single-digit % to high-single-digit % annual
Slide 28: Invest with EFSC
28 Empowered associates providing industry-leading service, supported by digital technology solutions Tenured and experienced management team Strong capital foundation and consistent history of delivering results Differentiated strategies delivering growth Focused commercial bank, diversified across
Slide 29: Enterprise Financial Services Corp
ENTERPRISE Financial Services Corp
Slide 30: • Selected by the Community Development Financial Institutions Fund (CDFI Fund) of the U.S.
30 • Selected by the Community Development Financial Institutions Fund (CDFI Fund) of the U.S. Department of the Treasury to receive $433M of New Markets Tax Credits allocations since 2011 • In 2024, our portfolio included the financing of over $1.9B in small business, small farm and community devel
Slide 31: Non-GAAP Financial Measures
31 The Company’s accounting and reporting policies conform to generally accepted accounting principles in the United States (“GAAP”) and the prevailing practices in the banking industry. However, the Company provides other financial measures, such as tangible common equity, tangible common equity to
Slide 32: Tangible Common Equity to Tangible Assets Ratio
32 At (in thousands, except per share data) June 30, 2026 Stockholders' equity (GAAP) $ 2,040,846 Less preferred stock 71,988 Less goodwill 416,968 Less intangible assets 18,228 Tangible common equity (non-GAAP) $ 1,533,662 Total assets (GAAP) $ 17,399,009 Less goodwill 416,968 Less intangible asset
Slide 33: CET1 Ratio Adjusted For Unrealized Loss
33 At (in thousands, except per share data) June 30, 2026 CET1 capital $ 1,607,121 Less unrealized loss on investment portfolio, after tax1 104,293 CET1 capital excluding unrealized loss on securities $ 1,502,828 Total risk-weighted assets $ 13,955,486 CET1 capital / risk-weighted assets (GAAP) 11.5
Slide 34: PPNR & PPNR ROAA
34 PPNR & PPNR ROAA Reconciliation of Non-GAAP Financial Measures Six months ended Year ended ($ in thousands) June 30, 2026 December 31, 2025 December 31, 2024 December 31, 2023 December 31, 2022 Net interest income $ 334,863 $ 626,738 $ 568,096 $ 562,592 $ 473,903 Noninterest income 32,566 113,123
Slide 35: Allowance Coverage Ratio Adjusted for Guaranteed Loans
35 Allowance Coverage Ratio Adjusted for Guaranteed Loans At ($ in thousands) June 30, 2026 Loans (GAAP) $ 11,892,399 Less guaranteed loans, net 939,255 Adjusted loans (non-GAAP) $ 10,953,144 Allowance for credit losses on loans (GAAP) $ 139,238 Allowance for credit losses on loans / total loans (GA
Slide 36: Return on Average Tangible Common Equity (ROATCE)
36 Return on Average Tangible Common Equity (ROATCE) Six months ended ($ in thousands) June 30, 2026 Average stockholder’s equity $ 2,064,301 Less average preferred stock 71,988 Less average goodwill 416,968 Less average intangible assets 19,635 Average tangible common equity $ 1,555,710 Net income
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