Enterprise Financial Services Corp (NAS:EFSC)
$ 47.24 2.95 (6.66%) Market Cap: 1.77 Bil Enterprise Value: 1.95 Bil PE Ratio: 10.12 PB Ratio: 1.07 GF Score: 77/100

Enterprise Financial Services Corp to Acquire Seacoast Commerce Banc Holdings - M&A Call Transcript

Aug 21, 2020 / 02:00PM GMT
Release Date Price: $29.64 (-3.23%)
Operator

Good day, and welcome to the EFSC Investor Call. Today's conference is being recorded. At this time, I would now like to turn the call over to Mr. Jim Lally. Please go ahead, sir.

James Brian Lally
Enterprise Financial Services Corp - President, CEO & Director

Thank you, Carrie, and good morning. We certainly appreciate you joining us today to review the strategic combination of Enterprise Financial Services Corp. and Seacoast Commerce Banc Holdings. Joining me this morning on the call is Keene Turner, Chief Financial Officer and Chief Operating Officer of our company; Scott Goodman, President of Enterprise Bank & Trust; and Doug Bauche, our Chief Credit Officer.

Last evening, we announced the aforementioned strategic combination. With this, the merger creates a financial services organization that will have approximately $9.7 billion in assets, a very attractive, robust earnings profile and additional scale.

I'd call your attention to Slide 4, where we have some details around the transaction. Our previous 2 acquisitions were

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot