EFSC Q2 net income falls 20.4% to $40.9M as credit costs surge

Filed July 31, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Net income fell 20.4% to $40.9M in Q2 2026 from $51.4M a year earlier, driven by higher credit costs and lower noninterest income.

  MD&A: Earnings verify on EDGAR →
• high

  Provision for credit losses jumped to $14.2M from $3.5M, and net charge-offs rose to $13.6M from $0.6M, signaling deteriorating credit quality.

  MD&A: Credit verify on EDGAR →
• high

  Noninterest income fell to $13.5M from $20.6M, mainly due to a net loss on securities sales and lower tax credit income.

  MD&A: Noninterest income verify on EDGAR →