Enterprise Financial Services Corp (EFSC) Balance Sheet
EFSC balance sheet, 2025
December 31, 2025 · U.S. dollars$17.30B assets = $15.26B liabilities + $2.04B equity
Both columns are drawn to the same scale: what EFSC owns equals what it owes plus shareholders’ equity. Hover a block for its value.
EFSC financial health
Descriptive bands, not a rating. Fiscal 2025.
EFSC balance sheet trends, 2016–2025
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $4.08B2016 | $17.30B2025 | +17.4%/yr | |
| Total liabilities | $3.69B2016 | $15.26B2025 | +17.1%/yr | |
| Shareholders’ equity | $387.1M2016 | $2.04B2025 | +20.3%/yr | |
| Cash & short-term investments | $660.1M2016 | $213.9M2025 | −11.8%/yr | |
| Total debt | $662.3M2016 | $508.5M2025 | −2.9%/yr | |
| Net cash (debt) | −$2.2M2016 | −$294.7M2025 | −$292.5M | |
| Working capital | $3.48B2016 | $200.4M2025 | −$3.3B | |
| Book value per share | $19.102016 | $54.692025 | +12.4%/yr | |
| Debt / equity | 1.712016 | 0.252025 | −1.46 | |
| Shares outstanding | 20.3M2016 | 37.3M2025 | +7.0%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
EFSC assets
EFSC liabilities and equity
EFSC debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
EFSC balance sheet
| 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $213.9M | $875.4M | $2.05B | $1.84B | $3.39B | $1.46B | $1.31B | $919.4M | $796.1M | $660.1M |
| Cash & equivalents | $208.1M | $760.3M | $434.0M | $299.4M | $2.03B | $545.3M | $171.0M | $199.7M | $156.0M | $199.8M |
| Short-term investments | $5.8M | $115.0M | $1.62B | $1.54B | $1.37B | $912.4M | $1.14B | $721.4M | $641.4M | $460.8M |
| Receivables | $58.3M | $0 | $0 | $0 | $0 | $0 | $0 | $16.1M | $14.1M | $11.1M |
| Inventory | $0 | $0 | $0 | $269,000 | $3.5M | $5.3M | $6.3M | $469,000 | $498,000 | $980,000 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $3.74B | $3.58B | $2.81B |
| Total current assets | $208.1M | $875.4M | $2.05B | $1.83B | $3.39B | $1.46B | $1.31B | $4.67B | $4.39B | $3.48B |
| Property, plant & equipment (net) | $59.0M | $45.0M | $42.7M | $43.0M | $47.9M | $53.2M | $60.0M | $32.1M | $32.6M | $14.9M |
| Goodwill & intangible assets | $438.1M | $373.6M | $377.5M | $382.1M | $387.4M | $283.7M | $236.4M | $125.9M | $128.4M | $32.5M |
| Long-term investments | $3.80B | $2.86B | $2.43B | $2.31B | $1.86B | $8.05B | $6.63B | $5.12B | $4.80B | $3.65B |
| Other non-current assets | $12.79B | $11.45B | $9.62B | $8.49B | $7.85B | $0 | $0 | $0 | $0 | $0 |
| Total assets | $17.30B | $15.60B | $14.52B | $13.05B | $13.54B | $9.75B | $7.33B | $5.65B | $5.29B | $4.08B |
| Liabilities | ||||||||||
| Accounts payable | — | — | — | $10.83B | $11.34B | $7.99B | $5.77B | $2.0M | $1.7M | $1.1M |
| Short-term debt | $7.7M | $244.6M | $250.2M | $429.5M | $359.1M | $282.3M | $409.7M | $294.8M | $429.9M | $279.8M |
| Deferred revenue | — | — | — | — | — | — | — | −$292.8M | −$428.2M | −$278.7M |
| Total current liabilities | $7.7M | $13.39B | $12.43B | $9.98B | $10.29B | $7.09B | $4.82B | $2.0M | $1.7M | $1.1M |
| Long-term debt | $188.6M | $192.8M | $203.6M | $479.6M | $508.8M | $504.7M | $406.4M | $341.6M | $371.8M | $382.5M |
| Other long-term liabilities | $15.10B | $188.6M | $172.3M | $11.05B | $50.0M | $50.0M | $222.4M | $0 | $172.7M | $0 |
| Total liabilities | $15.26B | $13.77B | $12.80B | $11.53B | $558.8M | $554.7M | $628.8M | $5.04B | $4.74B | $3.69B |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $370,000 | $370,000 | $374,000 | $373,000 | $398,000 | $332,000 | $281,000 | $239,000 | $238,000 | $203,000 |
| Retained earnings (deficit) | $1.02B | $877.6M | $749.5M | $597.6M | $492.7M | $417.2M | $380.7M | $304.6M | $225.4M | $182.2M |
| Treasury stock | — | — | — | — | −$73.5M | −$73.5M | −$58.2M | −$42.7M | −$23.3M | −$6.6M |
| Accumulated other comprehensive income | −$54.6M | −$116.7M | −$101.0M | −$130.3M | $18.8M | $37.1M | $17.7M | −$9.3M | −$3.8M | −$1.7M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $2.04B | $1.82B | $1.72B | $1.52B | $12.98B | $9.20B | $6.70B | $603.8M | $548.6M | $387.1M |
| Key figures | ||||||||||
| Total debt | $508.5M | $437.4M | $453.8M | $909.0M | $867.8M | $787.0M | $816.1M | $636.4M | $801.7M | $662.3M |
| Net cash (debt) | −$294.7M | $438.0M | $1.60B | $926.2M | $2.53B | $670.8M | $490.2M | $283.0M | −$5.6M | −$2.2M |
| Working capital | $200.4M | −$12.52B | −$10.37B | −$8.16B | −$6.90B | −$5.63B | −$3.51B | $4.67B | $4.38B | $3.48B |
| Tangible book value | $1.60B | $1.45B | $1.34B | $1.14B | $12.59B | $8.91B | $6.47B | $477.9M | $420.2M | $354.6M |
| Book value per share | $54.69 | $48.55 | $45.75 | $40.59 | $376.23 | $340.76 | $256.32 | $25.92 | $23.56 | $19.10 |
| Shares outstanding | 37.3M | 37.6M | 37.5M | 37.5M | 34.5M | 27.0M | 26.2M | 23.3M | 23.3M | 20.3M |
| Current ratio | 27.20 | 0.07 | 0.17 | 0.18 | 0.33 | 0.21 | 0.27 | 2,364.16 | 2,535.50 | 3,147.36 |
| Quick ratio | 35.58 | 0.07 | 0.17 | 0.18 | 0.33 | 0.21 | 0.27 | 473.17 | 468.32 | 607.47 |
| Debt / equity | 0.25 | 0.24 | 0.26 | 0.60 | 0.07 | 0.09 | 0.12 | 1.05 | 1.46 | 1.71 |
| Equity / assets | 11.8% | 11.7% | 11.8% | 11.7% | 95.9% | 94.3% | 91.4% | 10.7% | 10.4% | 9.5% |
| Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $273.9M | $258.5M | $213.9M | $2.12B | $2.01B | $1.81B | $875.4M | $2.21B | $2.01B | $1.98B | $2.05B | $1.86B |
| Cash & equivalents | $273.9M | $258.5M | $208.1M | $469.9M | $481.3M | $474.9M | $760.3M | $427.4M | $394.3M | $372.6M | $434.0M | $373.4M |
| Short-term investments | — | $2.08B | $5.8M | $1.65B | $1.53B | $1.34B | $115.0M | $1.79B | $1.62B | $1.61B | $1.62B | $1.49B |
| Receivables | $0 | $0 | $58.3M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $273.9M | $258.5M | $208.1M | $2.12B | $2.01B | $1.81B | $875.4M | $2.21B | $2.01B | $1.98B | $2.05B | $1.86B |
| Property, plant & equipment (net) | $57.3M | $58.0M | $59.0M | $49.2M | $48.6M | $48.1M | $45.0M | $44.4M | $44.8M | $44.4M | $42.7M | $41.3M |
| Goodwill & intangible assets | $435.2M | $436.5M | $438.1M | $371.3M | $372.0M | $372.8M | $373.6M | $374.6M | $375.5M | $376.4M | $377.5M | $378.6M |
| Long-term investments | $0 | $3.91B | $3.80B | $3.53B | $3.38B | $3.11B | $2.86B | $2.71B | $2.46B | $2.44B | $2.43B | $2.28B |
| Other non-current assets | $16.63B | $12.56B | $12.79B | $10.33B | $10.26B | $10.34B | $11.45B | $9.61B | $9.72B | $9.76B | $9.62B | $9.47B |
| Total assets | $17.40B | $17.23B | $17.30B | $16.40B | $16.08B | $15.68B | $15.60B | $14.95B | $14.62B | $14.61B | $14.52B | $14.03B |
| Liabilities | ||||||||||||
| Short-term debt | $208.0M | — | $7.7M | $327.0M | — | — | $244.6M | — | — | — | $250.2M | — |
| Total current liabilities | $208.0M | — | $7.7M | $13.57B | $13.32B | $13.03B | $13.39B | $12.47B | $12.28B | $12.25B | $12.43B | $11.91B |
| Long-term debt | $0 | $413.1M | $188.6M | $667.6M | $661.4M | $617.3M | $192.8M | $477.2M | $412.5M | $476.4M | $203.6M | $338.2M |
| Other long-term liabilities | $15.15B | $14.79B | $15.10B | $184.5M | $174.6M | $157.0M | $188.6M | $179.6M | $165.5M | $151.5M | $172.3M | $165.0M |
| Total liabilities | $15.36B | $15.21B | $15.26B | $14.42B | $14.15B | $13.81B | $13.77B | $13.12B | $12.86B | $12.88B | $12.80B | $12.41B |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $363,000 | $366,000 | $370,000 | $370,000 | $369,000 | $369,000 | $370,000 | $372,000 | $373,000 | $375,000 | $374,000 | $374,000 |
| Retained earnings (deficit) | $1.06B | $1.04B | $1.02B | $980.5M | $947.9M | $908.6M | $877.6M | $845.8M | $810.9M | $778.8M | $749.5M | $715.3M |
| Accumulated other comprehensive income | −$73.7M | −$81.6M | −$54.6M | −$68.0M | −$89.0M | −$101.4M | −$116.7M | −$78.8M | −$122.1M | −$115.4M | −$101.0M | −$167.8M |
| Total shareholders' equity | $2.04B | $2.02B | $2.04B | $1.98B | $1.92B | $1.87B | $1.82B | $1.83B | $1.76B | $1.73B | $1.72B | $1.61B |
| Key figures | ||||||||||||
| Total debt | $682.1M | $413.1M | $508.5M | $667.6M | $661.4M | $617.3M | $437.4M | $477.2M | $412.5M | $476.4M | $453.8M | $338.2M |
| Net cash (debt) | −$408.2M | −$154.6M | −$294.7M | $1.45B | $1.35B | $1.19B | $438.0M | $1.74B | $1.60B | $1.51B | $1.60B | $1.52B |
| Working capital | $65.9M | — | $200.4M | −$11.45B | −$11.31B | −$11.22B | −$12.52B | −$10.25B | −$10.27B | −$10.27B | −$10.37B | −$10.05B |
| Tangible book value | $1.61B | $1.59B | $1.60B | $1.61B | $1.55B | $1.50B | $1.45B | $1.46B | $1.38B | $1.36B | $1.34B | $1.23B |
| Book value per share | $55.61 | $54.43 | $54.69 | $53.16 | $51.57 | $50.10 | $48.71 | $48.88 | $46.76 | $46.06 | $45.70 | $42.96 |
| Shares outstanding | 36.7M | 37.2M | 37.3M | 37.3M | 37.3M | 37.3M | 37.4M | 37.5M | 37.5M | 37.6M | 37.6M | 37.5M |
| Current ratio | 1.32 | — | 27.20 | 0.16 | 0.15 | 0.14 | 0.07 | 0.18 | 0.16 | 0.16 | 0.17 | 0.16 |
| Quick ratio | 1.32 | — | 35.58 | 0.16 | 0.15 | 0.14 | 0.07 | 0.18 | 0.16 | 0.16 | 0.17 | 0.16 |
| Debt / equity | 0.33 | 0.20 | 0.25 | 0.34 | 0.34 | 0.33 | 0.24 | 0.26 | 0.24 | 0.28 | 0.26 | 0.21 |
| Equity / assets | 11.7% | 11.7% | 11.8% | 12.1% | 12.0% | 11.9% | 11.7% | 12.3% | 12.0% | 11.9% | 11.8% | 11.5% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed February 27, 2026); data from EODHD.
EFSC financial position
At the end of fiscal 2025 (December 31, 2025), Enterprise Financial Services had total assets of $17.3 billion (up 10.9% from a year earlier), total liabilities of $15.3 billion and shareholders' equity of $2.0 billion. It held $213.9 million in cash and short-term investments against $508.5 million of debt, net debt of $294.7 million. Its current ratio was 27.20. In the latest quarter (ended June 30, 2026) total assets were $17.4 billion and equity $2.0 billion.
Related: EFSC income statement, EFSC cash flow statement, EFSC key metrics. See the EFSC stock overview for the latest quote and news.
EFSC balance sheet FAQ
What are Enterprise Financial Services's total assets?
Enterprise Financial Services reported total assets of $17.3 billion at the end of fiscal 2025 (December 31, 2025), compared with $15.6 billion a year earlier.
How much debt does Enterprise Financial Services have?
Enterprise Financial Services had $508.5 million of total debt at the end of fiscal 2025, including short-term borrowings. Its debt-to-equity ratio was 0.25.
How much cash does Enterprise Financial Services have?
Enterprise Financial Services held $213.9 million in cash and short-term investments at the end of fiscal 2025; with $508.5 million of debt that is net debt of $294.7 million.
What is Enterprise Financial Services's book value?
Enterprise Financial Services's shareholders' equity (book value) was $2.0 billion at the end of fiscal 2025, or $54.69 per share.
What is Enterprise Financial Services's current ratio?
Enterprise Financial Services had current assets of $208.1 million and current liabilities of $7.7 million, a current ratio of 27.20 (it can cover its short-term obligations).
How much goodwill does Enterprise Financial Services have?
Enterprise Financial Services carried $438.1 million of goodwill and intangible assets, 2.5% of total assets, at the end of fiscal 2025.