Enterprise Financial Services Corp (NASDAQ: EFSC)

Enterprise Financial Services Corp (EFSC) is a financial holding company that operates in the financial services industry, with its headquarters in Clayton, Missouri. The company, which was incorporated in Delaware in December 1994, offers a comprehensive range of financial services primarily to privately-held businesses, their owner families, and other success-minded individuals. It provides its services in Arizona, California, Florida, Kansas, Missouri, Nevada, and New Mexico.

The company's business strategy is based on a relationship-oriented distribution and sales approach, with an emphasis on niche businesses. It leverages prudent credit and interest rate risk management, opportunities for fee income, appropriate supporting technology, and controlled expenses to achieve its business objectives. The company's mission is to guide people to a lifetime of financial success, while its corporate vision is to be a company where associates are proud to work, that delivers ease of navigation to customers and value to investors, while helping communities flourish.

Enterprise Financial Services Corp generates revenue through a broad range of business and personal banking services. These services include wealth management services provided through Enterprise Trust, lending services, and deposit products. Its lending services include C&I, CRE, real estate construction and development, residential real estate, SBA, consumer, and other loan products. A wide variety of deposit products, including property management and community associations, complement the company's lending capabilities.

The company operates in a highly competitive market, facing competition from other financial holding companies, commercial banks, credit unions, investment managers, insurers, brokerage firms, financial technology companies, and other providers of financial services and products. However, it has differentiated itself from its competitors through its focus on niche businesses and its relationship-oriented distribution and sales approach. Its experienced banking officers and other trained professionals are well-equipped to provide customized solutions to meet the needs of its clients, giving it a competitive advantage in the industry.

The company's customers include a diverse range of businesses, business owners, professionals, and associated relationships. Its largest customers are typically privately-held businesses with revenues ranging from $5 million to $500 million. The company also serves a significant number of smaller businesses, as well as individuals and families.

In terms of its brand names and/or trade names, Enterprise Financial Services Corp operates under the Enterprise Bank & Trust brand. Its Wealth Management segment offers a range of investment products under the Enterprise Trust brand, including mutual funds, exchange-traded funds, and individual securities. The segment also provides trust services, including estate planning, trust administration, and wealth transfer strategies.