Esquire Financial Holdings, Inc. operates as the bank holding company for Esquire Bank, National Association that provides commercial banking products and services to legal and small businesses, and commercial and retail customers in the United States. The company provides checking, savings, money market, and time deposits, as well as certificates of deposit. It also offers 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, and 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, including portfolio acquisition loan, agent residual acquisition loan, working capital line of credit, and merchant term loan. In addition, it provides cash management, cash sweep, online and mobile banking, and individual retirement accounts. Further, it offers payment processing, ACH and administrative services, and law firm banking solutions. Esquire Financial Holdings, Inc. was founded in 2006 and is headquartered in Jericho, New York.
5-year financial trends. Figures in USD millions.
Latest fiscal year: 2025
Year-by-year revenue, profitability, and cash flow (USD millions, last 10 years)
| Year | Revenue | EBITDA | Net Profit | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|
| 2025 | $147M | - | $51M | $54M | 17.5% | 17.4% | 16.4% |
| 2024 | $125M | - | $44M | $39M | 18.4% | 10.0% | 6.5% |
| 2023 | $114M | - | $41M | $39M | 20.7% | 34.7% | 43.8% |
| 2022 | $84M | - | $29M | $38M | 18.0% | - | - |
| 2021 | - |
Income statement, balance sheet, and cash flow as reported
Consolidated Figures in USD Millions.
| Metric | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Total Revenue | - | 84.27 | 113.52 | 124.82 | 146.56 |
| Operating Revenue | - | 84.27 | 113.52 | 124.82 | 146.56 |
| Selling General And Administration | - | 27.79 | 35.10 | 42.30 | 47.05 |
| Interest Income | - | 60.99 | 91.89 | 113.37 | 139.42 |
| Interest Expense | - | 1.65 | 8.12 | 13.44 | 17.94 |
| Net Interest Income | - | 59.35 | 83.77 | 99.93 | 121.48 |
| Pretax Income | - | 38.80 | 55.88 | 59.28 | 65.65 |
| Tax Provision | - | 10.28 | 14.87 | 15.62 | 14.83 |
| Tax Rate For Calcs | - | 0 | 0 | 0 | 0 |
| Tax Effect Of Unusual Items | - | 0 | 0 | 0 | 0 |
| Net Income Continuous Operations | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Net Income From Continuing And Discontinued Operation | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Net Income From Continuing Operation Net Minority Interest | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Net Income | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Net Income Common Stockholders | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Net Income Including Noncontrolling Interests | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Normalized Income | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Diluted NI Availto Com Stockholders | - | 28.52 | 41.01 | 43.66 | 50.82 |
| Basic Average Shares | - | 7.64 | 7.72 | 7.82 | 8.06 |
| Diluted Average Shares | - | 8.11 | 8.35 | 8.49 | 8.66 |
| Reconciled Depreciation | - | 2.55 | 2.54 | 3.29 | 3.68 |
| Gain On Sale Of Security | - | 0 | 4.01 | 0 | 0.43 |
| General And Administrative Expense | - | 26.33 | 33.27 | 38.79 | 43.43 |
| Other Gand A | 4 | - | - | - | - |
| Salaries And Wages | - | 25.77 | 32.48 | 37.84 | 42.31 |
| Insurance And Claims | - | 0.56 | 0.79 | 0.94 | 1.12 |
| Selling And Marketing Expense | - | 1.46 | 1.82 | 3.51 | 3.61 |
| Occupancy And Equipment | - | 3.24 | 3.36 | 4.09 | 4.91 |
| Professional Expense And Contract Services Expense | - | 3.38 | 5.45 | 3.82 | 5.50 |
| Other Non Interest Expense | - | 7.57 | 9.21 | 10.62 | 13.78 |
Financial Services sector peers, ranked by market cap
| Company | Ticker | Market Cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|---|
| Esquire Financial Holdings, Inc.this co. | ESQ | $938M | 18.46β premium | 3.24 | 17.5% | - |
| MetroCity Bankshares, Inc. | MCBS | $960M | 14.01 | 1.76 | 12.6% | - |
| Trupanion, Inc. | TRUP | $949M | 48.82 | 2.47 | 5.1% | 17.88 |
| Equity Bancshares, Inc. | EQBK | $946M | 41.62 | 1.29 | 3.1% | - |
| Ategrity Specialty Insurance Company Holdings |
| - |
| - |
| - |
| - |
| - |
| - |
| ASIC |
| $934M |
| 12.62 |
| 1.52 |
| 12.0% |
| - |
| Business First Bancshares, Inc. | BFST | $928M | 10.56 | 1.12 | 10.7% | - |
| Five Star Bancorp | FSBC | $922M | 14.97 | 2.07 | 13.8% | - |
| TrustCo Bank Corp NY | TRST | $920M | 15.05 | 1.34 | 8.9% | - |
| CNB Financial Corporation | CCNE | $918M | 13.89 | 1.13 | 8.1% | - |
| Peer Median | - | 14.49 | 1.43 | 9.8% | 17.88 | |