Esquire Financial Holdings
ESQ
Market cap $562M

67.55 USD

+0.28

0.42%

At close Oct 17, 4:00 PM EDT

1 day

0.42%

5 days

9.29%

1 month

7.91%

3 months

19.41%

6 months

51.46%

Year to date

34.53%

1 year

44.62%

5 years

188.31%

About: Esquire Financial Holdings Inc is a full-service commercial bank dedicated to serving the financial needs of the legal industry and small businesses nationally, as well as commercial and retail customers in the New York metropolitan area. The Bank offers tailored products and solutions to the legal community and their clients as well as dynamic and flexible payment processing solutions to small business owners. Banking products offered for businesses and consumers include checking, savings, money market, and time deposits; a wide range of commercial and consumer loans, as well as customary banking services. The Bank operates a payment processing platform through third-party Independent Sales Organizations.

Employees: 140

Financials Commercial Banks

0

Funds holding %

of 6,740 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

113% more first-time investments, than exits

New positions opened: 17 | Existing positions closed: 8

10% more funds holding

Funds holding: 92 [Q1] → 101 (+9) [Q2]

3% less capital invested

Capital invested by funds: $221M [Q1] → $215M (-$6.09M) [Q2]

1.71% less ownership

Funds ownership: 56.13% [Q1] → 54.42% (-1.71%) [Q2]

13% less repeat investments, than reductions

Existing positions increased: 34 | Existing positions reduced: 39

100% less funds holding in top 10

Funds holding in top 10: 1 [Q1] → 0 (-1) [Q2]

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Research analyst outlook

2 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target

$68

1%

upside

Avg. target

$70

4%

upside

High target

$72

7%

upside

2 analyst ratings

1 positive

50%

1 neutral

50%

0 negative

0%

Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target	7%upside $72	Market Perform Downgraded	2 Oct 2024
Keefe, Bruyette & Woods Timothy Switzer 67% 1-year accuracy 2 / 3 met price target	1%upside $68	Outperform Reiterated	26 Jul 2024

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Financial journalist opinion

Zacks Investment Research

3 Bank Stocks Exhibiting Superb Earnings Growth

Coastal Financial, Esquire Financial Holdings, and Mercantile Bank from the Banks &Thrifts industry showcase solid earnings growth.

3 Bank Stocks Exhibiting Superb Earnings Growth

Rate Cut Winners: Top 5 Small-Caps Ready For A Rally

Small-cap stocks tend to benefit in a declining rate environment due to cheaper borrowing costs, increased investor risk appetite, and enhanced growth potential. While small-cap stocks can offer more upside than their large-cap counterparts, they can also come with higher volatility, which requires an added layer of analysis. SA Quant has identified five top Quant-rated small-cap stocks with positive factor grades, specifically momentum, growth, and profitability, that are well-positioned to benefit from the reduced rate environment.

Rate Cut Winners: Top 5 Small-Caps Ready For A Rally

Esquire Financial Holdings: A Great Run Necessitates A Downgrade

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.

Esquire Financial Holdings: A Great Run Necessitates A Downgrade

Zacks Investment Research

Wall Street Analysts See a 25.26% Upside in Esquire Financial (ESQ): Can the Stock Really Move This High?

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.

Wall Street Analysts See a 25.26% Upside in Esquire Financial (ESQ): Can the Stock Really Move This High?

Zacks Investment Research

Here's What Key Metrics Tell Us About Esquire Financial (ESQ) Q2 Earnings

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.

Here's What Key Metrics Tell Us About Esquire Financial (ESQ) Q2 Earnings

ESQUIRE FINANCIAL HOLDINGS, INC. DECLARES REGULAR QUARTERLY DIVIDEND FOR COMMON STOCKHOLDERS

JERICHO, N.Y. , July 25, 2024 /PRNewswire/ -- Esquire Financial Holdings, Inc. (NASDAQ: ESQ) (the "Company"), the financial holding company for Esquire Bank, National Association ("Esquire Bank" or the "Bank"), today announced its regular quarterly dividend of $0.15 per share of common stock, payable on September 3, 2024, to each stockholder of record on August 15, 2024.

ESQUIRE FINANCIAL HOLDINGS, INC. DECLARES REGULAR QUARTERLY DIVIDEND FOR COMMON STOCKHOLDERS

Zacks Investment Research

Esquire Financial Holdings, Inc. (ESQ) Tops Q2 Earnings and Revenue Estimates

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.

Esquire Financial Holdings, Inc. (ESQ) Tops Q2 Earnings and Revenue Estimates

ESQUIRE FINANCIAL HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS

National Litigation Platform Continues to Drive Strong Growth and Industry Leading Returns JERICHO, N.Y. , July 25, 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 operating results for the second quarter and year to date of 2024.

ESQUIRE FINANCIAL HOLDINGS, INC. REPORTS SECOND QUARTER 2024 RESULTS

Esquire Financial: Wider Sentiment Is Hurting Its Stock Performance

Esquire Financial Holdings serves the $443 billion U.S. tort industry, generating over 50% of loans and 76% of deposits from this market. The bank has a desirable Loan to Deposit ratio of 85.6% and $823 million liquidity capacity, positioning it well in the current high interest rate environment. Despite challenges from high interest rates, ESQ has shown strong financial performance with double-digit growth in loans, deposits, and earnings.

Esquire Financial: Wider Sentiment Is Hurting Its Stock Performance

Esquire Financial Holdings: A Stellar Prospect For Value Investors Seeking Growth

Esquire Financial Holdings, Inc. offers strong upside potential with cheap shares, high-quality assets, and a unique business model. The company focuses on serving the financial needs of small businesses and legal firms, particularly the latter. Esquire Financial Holdings has experienced significant growth in deposits, loans, net interest income, and non-interest income, leading to strong revenue and profit growth.

Esquire Financial Holdings: A Stellar Prospect For Value Investors Seeking Growth

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