Are Enterprise Financial Services (EFSC) Dividends Sending The Right Signal As Charge Offs Rise?

Enterprise Financial Services Corp (NasdaqGS: EFSC) reported higher net charge-offs in its latest third quarter update. The banking group also announced a new dividend for common shareholders for the period. A separate dividend was declared for preferred stockholders, extending capital returns across the capital structure. The jump in net charge-offs alongside fresh common and preferred dividends only captures part of the Enterprise Financial Services story. We have also spotted 3 other big...