Welcome to our dedicated page for Esquire Finl Hldgs news (Ticker: ESQ), a resource for investors and traders seeking the latest updates and insights on Esquire Finl Hldgs stock.
Esquire Financial Holdings Inc (NASDAQ: ESQ) delivers specialized commercial banking solutions for legal professionals and small businesses through its technology-driven platform. This news hub provides investors and industry stakeholders with essential updates on the company’s financial developments, regulatory milestones, and market innovations.
Access verified press releases covering quarterly earnings, product launches, and strategic partnerships. Our curated collection includes filings with financial regulators, analysis of litigation banking trends, and updates on Esquire’s payment processing solutions for contingency-fee law practices.
Key updates focus on three core areas: financial performance disclosures, technology implementations in branchless banking, and industry-specific service expansions. Users will find detailed information on escrow deposit management, commercial lending practices, and digital transformation initiatives without promotional bias.
Bookmark this page for streamlined access to ESQ’s official communications. Combine real-time updates with contextual insights into the company’s unique position at the intersection of legal finance and commercial banking technology.
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.
Esquire Financial Holdings (NASDAQ: ESQ) reported strong financial results for Q4 and full year 2024. Q4 net income increased 19% to $11.8 million ($1.37 per diluted share) compared to $9.9 million in Q4 2023. Full-year net income grew 7% to $43.7 million ($5.14 per diluted share).
Key highlights include: industry-leading returns on average assets (2.49%) and equity (19.99%) for Q4 2024; total revenue of $124.8 million for 2024 with a 6.06% net interest margin; strong core deposit growth of $105.9 million (28% annualized) in Q4; and significant loan growth of $99.6 million (31% annualized) to $1.40 billion.
The company maintained solid credit metrics with an allowance for credit losses to loans ratio of 1.50%. Payment processing platform facilitated $9.2 billion in transaction volume across 145.7 million transactions in Q4. The efficiency ratio remained strong at 47.5% for Q4 2024.
Esquire Financial Holdings (NASDAQ: ESQ) has been named to Fortune's 100 Fastest-Growing Companies list, ranking No. 55 overall and among only four commercial banks included. The ranking is based on revenue growth, earnings per share growth, and three-year annualized shareholder returns through June 30, 2024.
The company serves two major markets: the $443 billion litigation and $10 trillion small business payment processing verticals. Recent performance highlights include a 2.62% return on assets, 20.29% return on equity, and a 6.16% net interest margin. The company processes $9.2 billion in card volume for 84,000 small business clients nationally. Esquire has announced plans to expand with a new private banking branch in Los Angeles.
Esquire Financial Holdings (NASDAQ: ESQ) has announced a regular quarterly dividend of $0.15 per share of common stock. The dividend will be payable on December 2, 2024, to stockholders of record as of November 15, 2024. The company operates through Esquire Bank, a full-service commercial bank focused on serving the litigation industry and small businesses nationally, with operations in New York and Florida. The bank specializes in providing financial and payment processing solutions to the litigation community and small business owners.
Esquire Financial Holdings (NASDAQ: ESQ) reported strong Q3 2024 results with net income of $11.4 million, or $1.34 per diluted share, up 8.3% from Q2 2024 and 15.5% from Q3 2023. The company maintained industry-leading performance with a 2.62% return on assets and 20.29% return on equity. Total loans grew by $36.4 million to $1.30 billion, driven by commercial loans. The company achieved a strong net interest margin of 6.16% and maintained solid credit metrics with an allowance for credit losses ratio of 1.50%. Deposits grew by $49.5 million to $1.54 billion with a low cost-of-funds of 0.88%.
Esquire Financial Holdings (NASDAQ: ESQ), the parent company of Esquire Bank, has declared a regular quarterly dividend of $0.15 per share of common stock. The dividend is payable on September 3, 2024, to stockholders of record as of August 15, 2024. Esquire Financial Holdings is a financial holding company based in Jericho, New York, with one branch office and an administrative office in Boca Raton, Florida. Its subsidiary, Esquire Bank, is a full-service commercial bank specializing in serving the financial needs of the litigation industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area.
Esquire Financial Holdings, the holding company for Esquire Bank, announced its second quarter 2024 results. The company reported robust growth driven by its national litigation platform, resulting in increased low-cost core deposits and higher-yielding variable rate commercial loans. Key metrics include a net income of $10.5 million, or $1.25 per share, a 15.1% increase from the previous year, and a net interest margin of 6.19% for the quarter. Total loan growth for the quarter was $32.8 million, with interest-earning assets increasing by $65.4 million. Total revenue for the current quarter was $30.6 million, driven by low-cost core deposit growth and stable fee-based income. The bank maintained strong credit metrics, with a 1.47% allowance for credit losses and a low nonperforming loan ratio of 0.64%. Despite an increase in noninterest expenses, Esquire reported a strong efficiency ratio of 49.8%, supported by investments in technology and digital marketing. The company's CET1 and TCE/TA ratios were 14.89% and 12.67%, respectively.
