Filing Flows › Enterprise Financial Services (EFSC) › Q3 2026 › vs Q3 2025
Enterprise Financial Services (EFSC) Q3 2026 vs Q3 2025 (year over year)
Enterprise Financial Services's revenue fell $19.1M (-9%) from $207M in Q3 2025 to $188M in Q3 2026. The biggest changes: Noninterest income −$35.4M (-73%); Net interest income +$16.3M (+10%). Operating margin 29.3% against 42.9% (-13.5 pts).
Enterprise Financial Services, Q3 2026: revenue $188M (-9% year over year), operating margin 29.3%, net earnings $42.4M, operating cash flow $72.7M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 29.3% | 42.9% | -13.5 pts |
| Net margin | 22.6% | 21.9% | +0.7 pts |
| Free cash flow margin | 37.9% | 22.8% | +15.1 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Net interest income | $175M | $158M | $16.3M | +10% |
| Noninterest income | $13.2M | $48.6M | −$35.4M | -73% |
| Revenue | $188M | $207M | −$19.1M | -9% |
| Operating profit | $55.1M | $88.7M | −$33.6M | -38% |
| Costs & expenses | $133M | $118M | $14.5M | +12% |
| Pre-tax earnings | $55.1M | $88.7M | −$33.6M | -38% |
| Credit loss provision | $18.1M | $8.4M | $9.7M | +114% |
| Noninterest expense | $115M | $110M | $4.9M | +4% |
| Net earnings | $42.4M | $45.2M | −$2.8M | -6% |
| Income tax | $12.6M | $43.4M | −$30.8M | -71% |
| Share-based compensation | $3.4M | $3.0M | $329K | +11% |
| Working capital & other | $26.9M | $1.1M | $25.8M | 24× |
| Operating cash flow | $72.7M | $49.4M | $23.4M | +47% |
| Free cash flow (OCF − capex) | $71.1M | $47.1M | $24.0M | +51% |
| Capital expenditures | $1.6M | $2.2M | −$642K | -29% |
Questions
How much did Enterprise Financial Services's revenue grow year over year in Q3 2026?
Enterprise Financial Services's revenue fell $19.1M (-9%) from $207M in Q3 2025 to $188M in Q3 2026.
What drove Enterprise Financial Services's revenue change in Q3 2026?
Noninterest income −$35.4M (-73%); Net interest income +$16.3M (+10%).