Profile
Sector:
Financial ServicesIndustry:
Banks - RegionalCountry:
United StatesIPO:
27 June 2017Website:
http://www.esquirebank.comNext earnings report:
24 January 2025Last dividends:
15 November 2024Next dividends:
N/APrice
regular market | 34 min agoAnalysts recommendations
Institutional Ownership
Included in screeners
ESQ Latest News
Esquire Financial Holdings, Inc. (ESQ) came out with quarterly earnings of $1.34 per share, beating the Zacks Consensus Estimate of $1.32 per share. This compares to earnings of $1.17 per share a year ago.
The headline numbers for Esquire Financial (ESQ) give insight into how the company performed in the quarter ended September 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Esquire Financial Holdings' stock surged 28.8% since my 'strong buy' rating in June, outperforming the S&P 500, but now warrants a downgrade to 'buy'. Strong fundamentals: Net interest income rose to $23.3M, driven by 18.2% asset growth and improved net interest margin. Balance sheet highlights: Deposits increased to $1.49B, loans grew to $1.24B, and securities rose to $252.9M, despite a slight drop in cash.
The mean of analysts' price targets for Esquire Financial (ESQ) points to a 25.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
While the top- and bottom-line numbers for Esquire Financial (ESQ) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Esquire Financial Holdings, Inc. (ESQ) came out with quarterly earnings of $1.25 per share, beating the Zacks Consensus Estimate of $1.21 per share. This compares to earnings of $1.10 per share a year ago.
The Patent License Agreement permits customers to deposit checks with Esquire Bank using their mobile devices. JERICHO, N.Y.
For six years in a row, Esquire Bank was recognized among the top 10% of community banks in the United States based on various profitability, operational efficiency, and balance sheet metrics. JERICHO, N.Y.
The average price target suggests a potential 31.8% increase for Esquire Financial (ESQ). Despite limited effectiveness, recent increases in earnings estimates may indicate a positive outlook for the stock in the short run.
The key metrics for Esquire Financial (ESQ) in the quarter ending March 2024 offer an understanding of the company's performance, but it could be beneficial to compare these figures to Wall Street forecasts and last year's results.
What type of business is Esquire Financial Holdings?
Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal industry and small businesses, and commercial and retail customers in the United States. The company offers checking, savings, money market, and time deposits, as well as certificates of deposit. It also provides commercial loans, such as short-term financing for inventory, receivables, the purchase of supplies, or other operating needs arising during the normal course of business, as well as loans to its qualified ISO customers; commercial lines of credit; consumer loans consisting of post-settlement consumer and structured settlement loans to plaintiffs and claimants, as well as loans to individuals for debt consolidation, medical expenses, living expenses, payment of outstanding bills, or other consumer needs; and real estate loans, such as multifamily, 1-4 family residential, commercial real estate, and construction loans, as well as merchant services. In addition, it offers cash management, cash sweep, online and mobile banking, individual retirement accounts, and working capital lines of credit. Esquire Financial Holdings, Inc. was founded in 2006 and is headquartered in Jericho, New York.
What sector is Esquire Financial Holdings in?
Esquire Financial Holdings is in the Financial Services sector
What industry is Esquire Financial Holdings in?
Esquire Financial Holdings is in the Banks - Regional industry
What country is Esquire Financial Holdings from?
Esquire Financial Holdings is headquartered in United States
When did Esquire Financial Holdings go public?
Esquire Financial Holdings initial public offering (IPO) was on 27 June 2017
What is Esquire Financial Holdings website?
https://www.esquirebank.com
Is Esquire Financial Holdings in the S&P 500?
No, Esquire Financial Holdings is not included in the S&P 500 index
Is Esquire Financial Holdings in the NASDAQ 100?
No, Esquire Financial Holdings is not included in the NASDAQ 100 index
Is Esquire Financial Holdings in the Dow Jones?
No, Esquire Financial Holdings is not included in the Dow Jones index
When was Esquire Financial Holdings the previous earnings report?
No data
When does Esquire Financial Holdings earnings report?
The next expected earnings date for Esquire Financial Holdings is 24 January 2025