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Enterprise Financial Services EFSC Gain on state tax credits, net

Gain on state tax credits, net at other companies

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Imperial OilIMO
$7M-22.2%
La-Z-Boy logo
La-Z-BoyLZB
$6.54M+38.6%
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eBayEBAY
$220M+21.5%
Marriott Vacations Worldwide logo
Marriott Vacations WorldwideVAC
$0-100%
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Virtu FinancialVIRT
$7.88M-23.7%
TFX
TeleflexTFX
$0

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:GainOnStateTaxCreditsNet.

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 gain on state tax credits, net?
Enterprise Financial Services (EFSC) reported gain on state tax credits, net of $153K in Q1 2026.
How has Enterprise Financial Services's gain on state tax credits, net changed year-over-year?
Enterprise Financial Services's gain on state tax credits, net increased by 39.1% year-over-year, from $110K to $153K.
What is the long-term trend for Enterprise Financial Services's gain on state tax credits, net?
Over 2 years (2022 to 2024), Enterprise Financial Services's gain on state tax credits, net has grown at a 14.4% compound annual growth rate (CAGR), from $1.51M to $1.97M.
What does gain on state tax credits, net mean?
This represents the net profit recognized from the acquisition and subsequent sale or utilization of state-level tax credits. It reflects the company's ability to generate non-interest income through tax-advantaged investment strategies.