STOCK TITAN

Esquire Financial Holdings Named to Fortune's 100 Fastest-Growing Companies List

Rhea-AI Impact
(No impact)
Rhea-AI Sentiment
(Positive)
Tags

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) è stata inserita nella lista delle 100 aziende a più rapida crescita di Fortune, classificandosi al 55° posto complessivo e risultando tra le sole quattro banche commerciali incluse. La classifica si basa sulla crescita dei ricavi, sulla crescita degli utili per azione e sui rendimenti annualizzati per gli azionisti negli ultimi tre anni, fino al 30 giugno 2024.

L'azienda serve due mercati principali: il settore della contenziosità da 443 miliardi di dollari e il settore dell'elaborazione dei pagamenti delle piccole imprese da 10 trilioni di dollari. I risultati recenti includono un rendimento attivo del 2,62%, un rendimento del capitale del 20,29% e un margine di interesse netto del 6,16%. L'azienda gestisce 9,2 miliardi di dollari in volumi di transazioni per 84.000 clienti di piccole imprese a livello nazionale. Esquire ha annunciato piani di espansione con una nuova filiale di banking privato a Los Angeles.

Esquire Financial Holdings (NASDAQ: ESQ) ha sido incluida en la lista de las 100 empresas de más rápido crecimiento de Fortune, ocupando el puesto 55 en general y siendo una de las cuatro únicas bancos comerciales incluidos. La clasificación se basa en el crecimiento de ingresos, el crecimiento de ganancias por acción y los rendimientos anuales para los accionistas a tres años hasta el 30 de junio de 2024.

La empresa atiende dos mercados principales: el litigio de 443 mil millones de dólares y el procesamiento de pagos de pequeñas empresas de 10 billones de dólares. Los aspectos destacados del rendimiento reciente incluyen un rendimiento de activos del 2,62%, un retorno sobre el capital del 20,29% y un margen de interés neto del 6,16%. La empresa procesa 9,2 mil millones de dólares en volumen de tarjetas para 84,000 pequeños clientes comerciales a nivel nacional. Esquire ha anunciado planes para expandirse con una nueva sucursal de banca privada en Los Ángeles.

Esquire Financial Holdings (NASDAQ: ESQ)는 포천의 100대 빠르게 성장하는 기업 목록에 이름을 올리며 전체 55위에 랭크되었고, 포함된 상업 은행 중에서는 단 네 곳만이 포함되었습니다. 이 순위는 수익 성장, 주당순이익 성장 및 2024년 6월 30일까지의 3년 연평균 주주 수익률을 기준으로 합니다.

이 회사는 두 개의 주요 시장, 즉 4,430억 달러의 소송10조 달러의 중소기업 결제 처리 분야에 서비스를 제공합니다. 최근 성과는 자산수익률 2.62%, 자기자본이익률 20.29%, 순이자마진 6.16%를 포함합니다. 이 회사는 전국적으로 8만4천 개의 중소기업 고객을 위해 92억 달러의 카드 거래량을 처리합니다. Esquire는 로스앤젤레스에 새로운 개인은행 지점을 개설할 계획을 발표했습니다.

Esquire Financial Holdings (NASDAQ: ESQ) a été classée dans la liste des 100 entreprises à la croissance la plus rapide de Fortune, se classant au 55e rang global et n'étant qu'une des quatre banques commerciales incluses. Le classement est basé sur la croissance des revenus, la croissance du bénéfice par action et les rendements annualisés pour les actionnaires sur trois ans jusqu'au 30 juin 2024.

L'entreprise sert deux marchés principaux : le secteur du contentieux de 443 milliards de dollars et le secteur du traitement des paiements des petites entreprises de 10 billions de dollars. Les performances récentes incluent un rendement des actifs de 2,62 %, un rendement des capitaux propres de 20,29 % et une marge d'intérêt nette de 6,16 %. L'entreprise traite 9,2 milliards de dollars en volumes de cartes pour 84 000 clients de petites entreprises à l'échelle nationale. Esquire a annoncé des projets d'expansion avec une nouvelle succursale de banque privée à Los Angeles.

Esquire Financial Holdings (NASDAQ: ESQ) wurde in die Liste der 100 am schnellsten wachsenden Unternehmen von Fortune aufgenommen und belegt insgesamt den 55. Platz und gehört zu nur vier aufgenommenen Geschäftsbanken. Die Rangliste basiert auf dem Umsatzwachstum, dem Wachstum des Gewinns pro Aktie und den annualisierten Gesamterträgen für Aktionäre über einen Zeitraum von drei Jahren bis zum 30. Juni 2024.

Das Unternehmen bedient zwei Hauptmärkte: die 436 Milliarden Dollar Rechtsstreitigkeiten und die 10 Billionen Dollar Zahlungsabwicklung für kleine Unternehmen. Zu den jüngsten Leistungskennzahlen gehören eine Eigenkapitalrendite von 20,29 %, eine Gesamtkapitalrendite von 2,62 % und eine Nettozinsspanne von 6,16 %. Das Unternehmen verarbeitet 9,2 Milliarden Dollar an Kartenvolumen für 84.000 kleine Geschäftskunden landesweit. Esquire hat Pläne angekündigt, in Los Angeles eine neue Niederlassung für Privatkunden zu eröffnen.

Positive
  • None.
Negative
  • None.

JERICHO, N.Y., Nov. 7, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank") (collectively "Esquire"), today announced its inclusion on Fortune's annual 100 Fastest-Growing Companies list. Esquire was one of only four commercial banks to make the list, ranking No. 55 among all companies based on revenue growth, earnings per share growth and three-year annualized return to shareholders for the period ending on June 30, 2024.

Fortune's 2024 list features global companies across a diverse range of industries—from industrials and energy to technology and finance—collectively valued at $6.7 trillion in market capitalization. On average, these companies delivered an annual return of 28% to shareholders over the past three years, significantly outperforming the S&P 500 index's 10% annual return during the same period.

"We are honored to be recognized by Fortune for our industry-leading growth and performance," said Andrew C. Sagliocca, Vice Chairman, CEO, and President. "We remain focused on serving two vast, disruption-ready national markets—the $443 billion litigation and $10 trillion small business payment processing verticals—with tailored financial solutions that help our clients meet their unique business and growth objectives. This recognition underscores the value and efficacy of our unique business model, producing best-in-class performance and returns that benefit all our stakeholders."

Esquire's inclusion in this ranking comes amid a period of strong financial performance and targeted investments for future growth. The Company recently announced third quarter earnings, highlighting robust returns on assets (2.62%) and equity (20.29%). With an industry-leading net interest margin of 6.16%, Esquire continues to outperform its peers across various profitability and performance metrics. Additionally, the Company has diversified its revenue streams through substantial fee-based income, driven by its merchant processing or payments platform, processing $9.2 billion in credit and debit card volume for 84,000 small business clients nationally in the most recent quarter.

Despite its notable growth and performance, Esquire represents only a small segment of both national markets, positioning the Company for continued growth opportunities in these underserved national markets. As part of its strategic expansion, Esquire recently announced plans to establish a full service private banking branch in Los Angeles, California, one of Esquire's top markets outside of the New York metro area. 

Introduced in 1986, Fortune's Fastest-Growth Companies is a longstanding benchmark for identifying high-performing companies. The list recognizes the world's best three-year performers in revenues, profits and stock returns among companies that trade on a U.S. stock exchange and file quarterly reports with the SEC.

To see the complete list, go to: https://fortune.com/ranking/100-fastest-growing-companies/.

About Esquire Financial Holdings, Inc.:

Esquire Financial Holdings, Inc. is a financial holding company headquartered in Jericho, New York, with one branch office in Jericho, New York and an administrative office in Boca Raton, Florida. Its wholly-owned subsidiary, Esquire Bank, is a full-service commercial bank dedicated to 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. The Bank offers tailored financial and payment processing solutions to the litigation community and their clients as well as dynamic and flexible payment processing solutions to small business owners. The Company was named to Fortune's 2024 Fastest-Growing Companies list. For more information, visit www.esquirebank.com.

About Fortune:

Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world's biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World's Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum and Brainstorm Tech. For more information, visit fortune.com.

Cision View original content to download multimedia:https://www.prnewswire.com/news-releases/esquire-financial-holdings-named-to-fortunes-100-fastest-growing-companies-list-302298038.html

SOURCE Prosek Partners / Esquire Financial Holdings, Inc.

FAQ

What rank did Esquire Financial Holdings (ESQ) achieve on Fortune's 100 Fastest-Growing Companies list in 2024?

Esquire Financial Holdings ranked No. 55 on Fortune's 100 Fastest-Growing Companies list in 2024, being one of only four commercial banks to make the list.

What are Esquire Financial Holdings' (ESQ) key performance metrics for Q3 2024?

In Q3 2024, Esquire Financial Holdings reported a 2.62% return on assets, 20.29% return on equity, and a 6.16% net interest margin.

How much payment processing volume did Esquire Financial (ESQ) handle in its latest quarter?

Esquire Financial processed $9.2 billion in credit and debit card volume for 84,000 small business clients in its most recent quarter.

Where is Esquire Financial Holdings (ESQ) planning to open a new branch?

Esquire Financial Holdings is planning to establish a full service private banking branch in Los Angeles, California.

Esquire Financial Holdings, Inc.

NASDAQ:ESQ

ESQ Rankings

ESQ Latest News

ESQ Stock Data

644.90M
6.95M
16.62%
58.49%
2.92%
Banks - Regional
Commercial Banks, Nec
Link
United States of America
JERICHO