Esquire Finl Hldgs Inc Stock Price, News & Analysis

Esquire Financial Holdings (NASDAQ: ESQ) reported strong Q2 2025 results with net income of $11.9 million, up 13% year-over-year, or $1.38 per diluted share. The company demonstrated robust performance with a net interest margin of 6.03% and industry-leading returns on assets (2.37%) and equity (18.74%).

Key highlights include deposit growth of $94.2 million (22% annualized) to $1.78 billion, and loan growth of $78.7 million (22% annualized) to $1.49 billion. The company maintained strong credit metrics with an allowance for credit losses ratio of 1.30%. Payment processing volumes reached $10.1 billion across 92,000 small business clients nationally.

Notable challenges included a $3.3 million charge-off on a commercial loan and increased provision for credit losses of $3.5 million. The company maintained strong capital ratios with CET1 at 14.89% and plans to open a Los Angeles private banking office.

Esquire Financial Holdings (NASDAQ: ESQ) has been recognized by the Association of National Advertisers (ANA) B2 Awards for the third consecutive year, highlighting their innovative B2B marketing campaigns. Kyall Mai, Senior Vice President and Chief Innovation Officer, was named Individual Marketer of the Year for 2025.

The company's marketing strategy focuses on their AI-enabled platform LawyerIQ, which serves contingent fee plaintiff law firms through knowledge-driven content marketing. This recognition follows Esquire's record financial performance in 2024 and comes as the company prepares to open its first private banking branch in California.

Esquire Financial Holdings (NASDAQ: ESQ) has been awarded the 2024 Raymond James Community Bankers Cup for the seventh consecutive year, ranking third out of 202 banks with assets between $500M-$10B. The recognition is based on key performance metrics including profitability, operational efficiency, and balance sheet strength. The bank has demonstrated exceptional market performance with stock returns of 59%, 152%, and 205% over one, three, and five years respectively, significantly outperforming the NASDAQ BANK index which returned 17%, -11%, and 11% over the same periods. Esquire focuses on serving two national markets with tech-enabled financial solutions and data-driven services, maintaining a strong risk management foundation for sustained growth.

Esquire Financial Holdings (NASDAQ: ESQ) has appointed Raymond Kelly to its Board of Directors, effective June 6, 2025. Kelly brings over 40 years of financial services experience, specializing in banking consulting and tax services. His most recent role was as a tax services partner at RSM US LLP, and he previously held positions at Marcum LLP, North Fork Bancorporation, and KPMG. Kelly's expertise spans strategic planning, audit, tax, compensation, and governance matters in the banking sector. Chairman Tony Coelho and CEO Andrew Sagliocca both emphasized Kelly's extensive industry experience and strategic insights as valuable additions to the board.

Esquire Financial Holdings (NASDAQ: ESQ) has been named to KBW's Bank Honor Roll for the second consecutive year, being one of only 16 U.S. banks to achieve this recognition in 2025. The company was one of just two institutions out of 330 to meet all eligibility criteria, which includes having assets over $500 million and delivering top-quintile EPS growth over the past decade.

While over 60% of banks reported declining EPS in 2024, Esquire achieved record financial results: net income increased by $2.6 million (7%) to $43.7 million ($5.14 per diluted share) compared to $41.0 million ($4.91 per diluted share) in 2023. The company demonstrated exceptional performance with a 33% compound annual EPS growth over five years, and superior metrics including 2.6% return on average assets and 20.1% return on equity, significantly outperforming sector averages of 0.9% and 8.8% respectively.

Esquire Financial Holdings (NASDAQ: ESQ) has announced a regular quarterly dividend of $0.175 per share of common stock. The dividend will be payable on June 2, 2025, to stockholders of record as of May 15, 2025.

Esquire Financial Holdings operates through its wholly-owned subsidiary, Esquire Bank, a full-service commercial bank with locations in Jericho, New York, and an administrative office in Boca Raton, Florida. The bank specializes in serving the financial needs of the litigation industry and small businesses nationwide, while also catering to commercial and retail customers in the New York metropolitan area.

Esquire Financial Holdings (NASDAQ: ESQ) reported strong Q1 2025 results with net income increasing 13% to $11.4 million ($1.33 per diluted share) compared to Q1 2024. The company achieved industry-leading returns with ROA of 2.39% and ROE of 19.13%.

Key highlights include:

• Net interest margin expansion to 5.96%
• Total revenue up 15% to $33.8 million
• Loan portfolio reached $1.42 billion with 5% annualized growth
• Core deposits grew 11% annualized to $1.69 billion
• Strong efficiency ratio of 49.6%

The company announced a 17% increase in quarterly dividends to $0.175 per share and a new sourcing joint venture with Fortress Investment Group. Credit quality remained solid with an allowance for credit losses ratio of 1.37%, though one nonaccrual multifamily loan of $8.0 million was reported.

Esquire Financial Holdings (NASDAQ: ESQ) has been named one of the best-performing U.S. small community banks of 2024 by S&P Global Market Intelligence. The recognition places Esquire Bank in the top quartile of community banks with assets under $3 billion, based on financial performance, risk management, and continued growth.

The announcement follows Esquire's record operating results in 2024, as highlighted by Vice Chairman, CEO and President Andrew C. Sagliocca. The S&P Global Market Intelligence rankings, established in 2011, evaluate banks and credit unions on key metrics including returns, growth, funding, balance sheet strength, and risk profile.

Esquire Financial Holdings (NASDAQ: ESQ) announced a 17% increase in its quarterly dividend to $0.175 per share of common stock. The dividend will be payable on March 3, 2025, to stockholders of record as of February 14, 2025.

This marks the fourth consecutive dividend increase since the company initiated dividend payments in 2022. The increase reflects the company's consistent industry-leading performance and growth over recent years, according to Vice Chairman, CEO, and President Andrew C. Sagliocca.