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Enterprise Financial’s 3Q Profit Up 36 Percent

Enterprise Financial Service Corp.’s profit in the third quarter grew 36 percent.

The Clayton-based holding company for Enterprise Bank & Trust reported a $7.9 million profit, or 39 cents a share, for the third quarter that ended Sept. 30, up from a $5.8 million profit, or 29 cents a share a year ago.

The bank’s focus on growing commercial and industrial loans led to a 25 percent increase in C&I loans compared to a year ago. Read more on St. Louis Post-Dispatch.

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