Enterprise Financial Services (NASDAQ:EFSCP) Trading Up 2.9% – Time to Buy?

Enterprise Financial Services Corp (NASDAQ:EFSCP) shares rose 2.9% during trading on Monday . The stock traded as high as $19.46 and last traded at $20.6490. Approximately 296 shares were traded during mid-day trading, a decline of 87% from the average daily volume of 2,267 shares. The stock had previously closed at $20.06.

Enterprise Financial Services Stock Up 2.5%

The firm’s 50-day moving average price is $20.32 and its two-hundred day moving average price is $20.17.

Enterprise Financial Services Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Friday, May 29th were given a dividend of $0.3125 per share. This represents a $1.25 annualized dividend and a yield of 6.3%. The ex-dividend date was Friday, May 29th.

Enterprise Financial Services Company Profile

Enterprise Financial Services Corp (NASDAQ:EFSCP) is a bank holding company headquartered in Clayton, Missouri. Through its wholly owned subsidiary, Enterprise Bank & Trust, the company offers a range of financial services to small and midsize businesses, as well as high-net-worth individuals. Its core products include commercial and industrial lending, real estate financing, treasury and cash management, and trust and wealth management services.

Since its inception, the company has expanded its footprint across multiple states including Missouri, Illinois, Kansas, Oklahoma, Texas, Arizona, California, Arkansas, Tennessee, and Florida.