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Enterprise Financial Services EFSC Payments to acquire State tax credits held for sale

Payments to acquire State tax credits held for sale at other companies

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Federal Agricultural MortgageAGM
$40.74M
Merchants Bancorp logo
Merchants BancorpMBIN
$6.8M-6.9%
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AutoZoneAZO
$9.22M-81.7%
Hyatt Hotels logo
Hyatt HotelsH
$17.25M
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BancFirst CorporationBANF
$6.01M-53.6%
CSX logo
CSXCSX
$50M

Other financials

Income statement

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Revenue$185.2M+11.6%
Net income$49.4M-1.2%
EPS (diluted)$1.30-0.8%

Balance sheet

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Cash & equivalents$634.5M+31.7%
Total debt$27.1M+3.8%
Total equity$2.0B+8.3%
Total assets$17.2B+9.9%

Cash flow

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Operating cash flow$58.5M+46.2%
CapEx$1.0M-76.7%
Free cash flow$57.5M+61.4%

Valuation

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Market cap$2.37B+0.3%
P/E11.8×-0.3×
P/S3.1×-0.5×

Profitability

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Net margin26.4%-3.3pp
FCF margin26.8%-11.2pp

Returns & leverage

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Return on equity10.3%-0.5pp
Debt / equity0.0×

Where this comes from

Reported directly by Enterprise Financial Services in its filing.

Tagged under the XBRL concept efsc:PaymentsToAcquireStateTaxCreditsHeldForSale.

The official record: Enterprise Financial Services’s 10-Q, filed May 1, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Enterprise Financial Services's payments to acquire state tax credits held for sale?
Enterprise Financial Services (EFSC) reported payments to acquire state tax credits held for sale of $0 in Q1 2026.
How has Enterprise Financial Services's payments to acquire state tax credits held for sale changed year-over-year?
Enterprise Financial Services's payments to acquire state tax credits held for sale decreased by 100.0% year-over-year, from $110K to $0.
What is the long-term trend for Enterprise Financial Services's payments to acquire state tax credits held for sale?
Over 4 years (2021 to 2025), Enterprise Financial Services's payments to acquire state tax credits held for sale has grown at a -31.3% compound annual growth rate (CAGR), from $8.69M to $1.94M.
What does payments to acquire state tax credits held for sale mean?
Captures cash outflows for the acquisition of state-level tax credits intended for resale or utilization to reduce tax liabilities. This activity is a component of tax planning and asset management strategies to optimize the effective tax rate.